The Morning Read: May 5, 2006

Over at the Daily News, Ben Smith reports that Eliot Spitzer believes he has made peace with Wall Street; and Andrew Cuomo gets the nod from Geraldine Ferraro.

The Times reports on the Mayor’s budget.

Newsday reports that MTA Chairman Peter Kalikow may have spent more time custom building a Ferrari then on contract negotiations with the TWU.

And the Sun reports on Rudy Giuliani’s boost from Bush.

—Nicole Brydson