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Looking for Grease From Big Oil
Ted Stevens, the cantankerous 83-year-old senior senator from Alaska known for his vigorous but ultimately vain defense of the Bridge to Nowhere, is back in the news.
He said today that the F.B.I. and I.R.S. had searched his home and office in relation to a bribery probe involving an Alaskan energy company, Veco.
The Senator, a former chairman of the Senate Ethics Committee, has already acknowledged that his son, an Alaska state senator, is under investigation for taking bribes from Veco.
And the company's chairman has pleaded guilty to bribing state officials.
At issue with Stevens is whether the company paid for upgrades to a home he owns near an Alaskan ski resort.
Matthew Cooper's full Capital blog post on this subject can be found here.
Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
