The Washington Post writes, "Sen. Ted Stevens of Alaska, one of Congress's most powerful Republicans, was convicted yesterday of lying on financial disclosure forms to conceal his receipt of gifts and expensive renovations to his house, just eight days before he faces voters in a tight reelection contest. The 84-year-old lawmaker, the first sitting U.S. senator to go on trial in more than two decades, sat quietly as a jury foreman in federal court read the verdict after less than a day of deliberations: guilty on seven felony counts, each with a maximum penalty of five years in prison. The senator, who probably will face a less severe penalty under federal sentencing guidelines, left the courtroom without answering reporters' questions."
Stevens released a statement saying that he would appeal the verdict and would maintain his re-election bid. "I am obviously disappointed in the verdict but not surprised given the repeated instances of prosecutorial misconduct in this case. The prosecutors had to report themselves to the Justice Department's Office of Professional Responsibility during the trial for ethical violations. Exculpatory evidence was hidden from my lawyers. A witness was kept from us and then sent back to Alaska. The Government lawyers allowed evidence to be introduced that they knew was false. I will fight this unjust verdict with every ounce of energy I have."
More: "I am innocent. This verdict is the result of the unconscionable manner in which the Justice Department lawyers conducted this trial. I ask that Alaskans and my Senate colleagues stand with me as I pursue my rights. I remain a candidate for the United States Senate."
USA Today adds, The verdict comes about a week before Alaska's voters will decide whether to re-elect the Republican senator to an eighth term and at a time when his party is fighting to stem its losses in a tough year… 'I think it's all over,' said Ivan Moore, an independent pollster in Alaska whose poll last week showed Stevens and his Democratic challenger, Mark Begich, virtually tied."
The New York Times: "If Mr. Stevens loses his seat, the trial's implications could be felt on a broad political scale, helping Democrats in their drive to win enough seats in the Senate to give them a filibuster-proof majority of at least 60 votes…If Mr. Stevens wins and insists on keeping his seat, his fate will be in the hands of his Senate colleagues. A senator can be expelled only by a two-thirds vote of the entire Senate, so a conviction does not automatically cost a lawmaker his seat. Since 1789, only 15 senators have been expelled, most for supporting the Confederacy during the Civil War, the Senate Web site states."
"In 1982, the Senate Ethics Committee recommended that Senator Harrison A. Williams, Democrat of New Jersey, be expelled because of his conviction on bribery, conspiracy and conflict of interest charges in the Abscam scandal, and in 1995 the committee recommended the expulsion of Senator Robert W. Packwood, Republican of Oregon, for sexual misconduct. Both men resigned before the full Senate could vote."