DeLay Found Guilty in Money Laundering Case
The holiday special for former House Majority Leader Tom DeLay was a big helping of guilty-as-charged Wednesday, as the former Republican lawmaker found himself on the wrong side of the Texas legal system in a money laundering case stemming from a sketchy campaign finance maneuver he and a couple of accomplices pulled in 2002. –KA
Wait, before you go…
The New York Times:
Jurors deliberated for 19 hours before they came back with guilty verdicts against Mr. DeLay on charges of money laundering and conspiracy to commit money laundering.
The verdict was the latest chapter in a long legal battle that forced Mr. DeLay to step down. The trial also opened a window on the world of campaign financing in Washington, as jurors heard testimony about large contributions flowing to Mr. DeLay from corporations seeking to influence him and junkets to posh resorts where the congressman would rub shoulders with lobbyists in return for donations.
Mr. DeLay faces up to life in prison on the money laundering charge.
During the three-week trial, the prosecution presented more than 30 witnesses in an effort to prove Mr. DeLay conspired with two associates in 2002 to circumvent a state law against corporate contributions to political campaigns. Since 1903, Texas law has prohibited corporations from giving to candidates directly or indirectly.
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