Stevens guilty on all seven counts

Down goes Stevens.

Alaska Sen. Ted Stevens was convicted of seven corruption charges Monday in a trial that tainted the 40-year Senate career of Alaska's political patriarch.

The verdict, coming just days before Election Day, adds further uncertainty to a closely watched Senate race. Democrats hope to seize the once reliably Republican seat as part of their bid for a filibuster-proof majority in the Senate.

Stevens, 84, was convicted of all seven charges he faced of lying about free home renovations and other gifts he received from a wealthy oil contractor. Jurors began deliberating Wednesday at noon.

Stevens faces up to five years in prison on each count when he is sentenced Jan. 26, but under federal sentencing guidelines, he is likely to receive much less prison time, if any.

The monthlong trial revealed that employees for oil services company VECO Corp. transformed the senator's modest mountain cabin into a modern, two-story home with wraparound porches, a sauna and a wine cellar. Stevens never paid for VECO's work.