Prosecutors lay out new information against Stevens

[Blue_In_AK]

http://www.adn.com/news/alaska/story/494232.html

By ERIKA BOLSTAD and LISA DEMER
[email protected], [email protected]

Published: August 14th, 2008 08:26 PM
Last Modified: August 14th, 2008 08:27 PM

New information filed late Thursday by federal prosecutors says Sen. Ted Stevens made more than $100,000 in profit off a Florida real estate deal after a friend secretly loaned him $31,000 interest-free to buy a condominium.

The condo deal came to light in a motion describing what sort of evidence federal prosecutors plan to introduce in their case against him.

Stevens, 84, was charged last month with failing to disclose more than $250,000 in gifts from the former Alaska-based oil services company, Veco Corp. The trial is scheduled for September.

Stevens failed to report the personal loan in the condo deal when he filed his 2001 Senate financial disclosure forms, prosecutors said in their motion.

Court filings filed late Thursday also reveal other new evidence that prosecutors intend to use to prove Stevens didn't just make innocent paperwork mistakes when he failed to disclose the value of Veco's renovations to his Girdwood home.

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[MadMaddie]

1. It really is sad

that Stevens at 84 may very well spend the rest of his life in prison just like "Duke" Cunningham. Simply because they thought they were untouchable.

[Blue_In_AK]

2. It is kind of sad, really.

If Ted had retired 12 years ago or so, his reputation probably would have never suffered. Even as it is, there are people here who would vote for him even if he was sitting in a prison cell. I think you've got the right idea -- he thought he was untouchable.