James, being another 1%er who loves living large and flaunted his Rolls-Royce and yachts

New Jersey Gov. Jon Corzine , another 1%er, decried the "betrayal of the public trust by a longstanding and well-known public official" and said it was sad that "the good works done by Mayor James are now overshadowed."

James, who loves living large and flaunted his Rolls-Royce and yachts, may yet be tried on separate charges that he billed the city tens of thousands of dollars for lavish vacations with various mistresses.