Spiro Agnew division and uncertainty, and applauding Agnew for his patriotism and dedication to the welfare of the United States. House Minority Leader Gerald Ford, who would be Agnew's successor as vice president (and Nixon's as president) recalled that he heard the news while on the House floor and his first reaction was disbelief, his second sadness. Soon after his resignation, Agnew moved to his summer home at Ocean City. To cover urgent tax and legal bills, and living expenses, he borrowed $200,000 from his friend Frank Sinatra. He had hoped he could resume a career as a lawyer, but in 1974,
Spiro Agnew a speech before a friendly audience in Los Angeles asserting his innocence and attacking the prosecution. Nevertheless, Agnew entered into negotiations for a plea bargain, and wrote in his memoirs that he did so because he was worn out from the extended crisis, to protect his family, and because he feared he could not get a fair trial. He made his decision on October 5, and plea negotiations took place over the following days. On October 9, Agnew visited Nixon at the White House and informed the President of his impending resignation. On October 10, 1973, Agnew appeared before the