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 had continued into his vice presidency. These later payments would not be barred by the statute of limitations; Agnew could be prosecuted. On July 3, Beall informed the new Attorney General, Elliot Richardson, and at the end of the month Nixon, through his chief of staff, Alexander Haig, was informed. Agnew had already met with both Nixon and Haig to assert his innocence. On August 1, Beall sent a letter to Agnew's attorney, formally advising that the vice president was under investigation for tax fraud and corruption. Matz was prepared to testify that he had met with Agnew at the