Ferraro steps down from Clinton post

WASHINGTON Ferraro notified Clinton by letter Wednesday that she would no longer serve on Clinton's finance committee as "Honorary New York Leadership Council Chair." Ferraro, in a newspaper interview last week, said Obama wouldn't be succeeding in his presidential race if he weren't black.

Obama has called the comments "ridiculous" and his campaign aides have called on Clinton to denounce the statement.

Campaign spokesman Howard Wolfson said Ferraro left the post on her own initiative.

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