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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (41867)11/28/2005 3:42:59 PM
From: ild  Read Replies (3) of 116555
 
Calif. Congressman Admits Taking Bribes

Monday November 28, 2005 8:01 pm

AP Photo WX104

By ELLIOT SPAGAT

Associated Press Writer

SAN DIEGO (AP) - Rep. Randy ``Duke'' Cunningham pleaded guilty Monday to conspiracy and tax charges and tearfully resigned from office, admitting he took $2.4 million in bribes to steer defense contracts to conspirators.

Cunningham, 63, entered pleas in U.S. District Court to charges of conspiracy to commit bribery, mail fraud and wire fraud, and tax evasion for underreporting his income in 2004.

Cunningham answered ``yes, Your Honor'' when asked by U.S. District Judge Larry Burns if he had accepted bribes from someone in exchange for his performance of official duties.

guardian.co.uk
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