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Everyone knew this was coming, but William Jefferson, the Louisiana Democrat, was just indicted on a slew of federal charges (16 of them, in an indictment that ran 94 pages), including money laundering, racketeering, and soliciting bribes. Jefferson has maintained his innocence, but has yet to explain, why, if this is so, the FBI found $90K in bribe money in his freezer.
Update: Read the indictment here.