Former Governor Eliot Spitzer and Ex-Wife Announce Settlement

Former New York Governor Eliot Spitzer and his ex-wife Silda have come to an agreement on how they will divide their financial assets after 26 years of marriage. According to published reports on their divorce, Silda will retain the couple's Fifth Avenue residence, be given a new car every five years, and be granted compensation to be used for "entertainment and activities expenses". She will also receive $240,000 per year for life, and $100,000 to donate to her favorite charities. Overall, her compensation will amount to approximately $7.5 million.

The couple originally met at Harvard in 1987 and married soon after. Spitzer made a name for himself as a tough Attorney General in New York before being elected to the governorship, which he took over in 2007. In 2008 Spitzer was implicated in a scandal in which it was revealed that he had paid a woman for sex. Spitzer resigned a week after the allegations became public. Though his wife stuck by his side through the entire scandal, the couple announced their split in late 2013.

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