Jury Finds Stevens Guilty on All Counts
By M. Morris,  Newser Staff
Posted Oct 27, 2008 4:59 PM CDT
Sen. Ted Stevens arrives at federal court in Washington today. Stevens was convicted of lying about free home renovations and other gifts he received from a wealthy oil contractor.    (AP Photo)
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(Newser) – After 5 hours of deliberations, a federal jury found Ted Stevens guilty today on all seven corruption counts against him. Coming just before Election Day, the felony convictions cloud the political future of the 84-year-old Republican, who has represented Alaska in the Senate since 1968. As the foreman read the verdict, Stevens slumped slightly, the Anchorage Daily News reports. He later told his wife, "It's not over yet."

Stevens and his lawyers did not comment as they left the Washington courthouse, but the defense team is expected to move to have the verdict set aside, the Washington Post reports. The biggest quarry in a 4-year investigation of public corruption in Alaska, Stevens is locked in a tight race for re-election against the mayor of Anchorage. He faces a maximum sentence of 5 years and a $250,000 fine on each count.