Friday, August 7, 2009
Dollar Bill Convicted
An Alexandria, Va. jury found former Rep. William Jefferson guilty on 11 of 16 counts for accepting bribes and engaging in money laundering while a member of Congress. Jefferson, the first black congressman from Louisiana since Reconstruction, became the butt of comedians' jokes after an FBI raid on his Virginia home found $90,000 stuffed in his freezer. His explanation for the unconventional storage was that he was attempting to keep it away from his housekeeper or an intruder. It appears that the jurors did not put much stock in Jefferson's explanation. Jefferson not only faces a possible maximum of 20 years in prison when he is sentenced October 30th, he has the dubious distinction of changing the connotations of such well-worn expressions "cold hard cash" and "frozen assets."