Blog - Sen. Stevens Convicted on All Counts

Bloomberg:

>U.S. Senator Ted Stevens was convicted of all seven felony charges of failing to report gifts from a company in his home state of Alaska, a possibly fatal blow to the career of the Senate’s longest-serving Republican.
>
>Stevens, 84, was convicted in Washington of making false statements on his Senate financial disclosure forms. He was accused of hiding more than $250,000 in home renovations and other gifts from Veco Corp., an Alaska oil-services company, Bill Allen, the company’s founder, and other friends.
>
>Stevens’s lawyer, Brendan Sullivan, had his arm around the senator’s shoulders and shook his head as the verdict was being read. U.S. District Judge Emmet Sullivan delayed setting a sentencing date at the defense’s request.
>
>Stevens is the first sitting U.S. senator convicted of a felony since 1981, when the late New Jersey Democrat Harrison Williams Jr. was found guilty of bribery and conspiracy. The false-statement charges carry a maximum prison term of five years.

More from the AP:

>Stevens faces up to five years in prison on each count when he is sentenced, but under federal guidelines he is likely to receive much less prison time, if any. The