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Report: Herman Cain Cancels Private Dinner With NYC's Media Elite

NEW YORK (CBSNewYork) -- The latest twist in the Herman Cain campaign saga is an abrupt cancellation of a private New York City dinner with some high-profile members of the media, according to a report by NY1.

The network reported that the former Godfather's Pizza CEO now running for the Republican nomination for President was supposed to meet with guests, including Barbara Walters, Matt Lauer, Bill O'Reilly, Lesley Stahl, Sen. Chuck Schumer and Greta Van Susteren at the Park Avenue apartment of New York Post columnist Cindy Adams this Sunday.

On Tuesday, Cain told aides that he was assessing whether the latest allegations of inappropriate sexual conduct against him "create too much of a cloud'" for him to continue his run for President.

On Monday, a woman from the Atlanta area came forward alleging that she and Cain had an "extended" 13-year extramarital affair. Cain has denied the claims.

Cain's latest accuser, Ginger White, told a Fox affiliate in Atlanta that her affair with Cain ended shortly before he began he candidacy for the White House.

"It was fun," White told the network. "It was something that took me away from my sort of humdrum life at the time. And it was exciting."

Meanwhile, Cain has said he denies the claims "unequivocally."  Cain had even come out swinging -- vehemently denying the alleged affair hours before White even made the accusation public.

"I wanted to get out in front of it becasue I have nothing to hide. I have done nothing wrong," Cain told CNN.

Cain's attorney, meanwhile, told the Associated Press that "any report that Mr. Cain has decided to withdraw his candidacy is inaccurate."

Political analyst Hank Sheinkopf said it doesn't even matter if the allegations are true or false because they have become a distraction that Cain cannot overcome.

"It makes it impossible for him to continue because the only thing he can answer is the allegations. He can't talk about national policy. He can't talk about his plans, the only thing he can talk about is sex," Sheinkopf told CBS 2's Marcia Kramer.

Will Cain Continue His Bid For The White House Or Drop Out Soon?  Share Your Thoughts In The Comments Section...

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