Democratic sources say that Joseph Ferriero, now under indictment for fraud, will resign his post as Bergen County Democratic Chairman.  He'll say that he's leaving his party post to devote all his energies to his criminal defense.  The Vice Chairwoman, Kay Nest, who took over leadership of the county Democratic organization four days ago when Ferriero announced is leave of absence, will become Acting Chair until Democrats can hold a special election to pick a new Chairman. 

Ron O'Malley, a Ferriero ally and Chairman of the Bergen County Improvement Authority, is viewed as a leading candidate for the post.  Ferriero has also taken a leave of absence from his job at Scarinci Hollenbeck, a politically powerful law firm where he is a partner.