Ted Stevens Indicted On 7 Charges Of Corruption

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Ah, those Republicans strike again...

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Sen. Ted Stevens, the longest-serving Republican in the U.S. Senate and one of the chamber's most powerful members, was indicted Tuesday in Washington, a result of a years-long investigation into corruption in Alaska politics.

The seven-count indictment, charges Stevens with making false statements by failing to disclose things of value he received from the Veco Corp., an Alaska-based oil services compmany, and from its CEO, Bill Allen, over an eight-year period.

The indictment charges that among the undeclared items were substantial improvements to Stevens's home in Girdwood, Alaska; automobile exchanges in which he received new vehicles that were worth far more than the old ones he exchganged; and household goods, including a Viking gas grill.