From Jay Leno on The Tonight Show:

Congress says this week that they are looking into the Bernie Madoff scandal.

So the guy that made $50 billion disappear is being investigated by the people who made $750 billion disappear.

That should work out well!  NOT!

Voters in Louisiana ousted indicted Democratic Rep. William J. Jefferson on Saturday, denying Jefferson a 10th term.  Instead, voters elected a Republican attorney who will be the first Vietnamese-American in Congress.

Unofficial results showed Anh “Joseph” Cao winning Louisiana’s black-majority 2nd Congressional District, which includes much of New Orleans.  This defeat was even more stunning considering that just 11% of registered voters in the district are Republicans.  Cao, 41, came to the United States as a child after the fall of Saigon in 1975 and went on to earn degrees in law, philosophy and physics.

Jefferson, 61, has pleaded not guilty to charges of bribery, money laundering and misusing his congressional office.  Voters re-elected Jefferson in 2006 even after the bribery scandal broke.  Jefferson has been the butt of late-night TV comics ever since federal agents found $90,000 in alleged bribe money hidden in his freezer.

From Jay Leno on the Tonight Show:

Happy birthday to convicted senator of Alaska, Ted Stevens, who turned 85 today.  Turns out he didn’t get any gifts.  Or, at least he didn’t report any…

Alaska Republican Senator Ted Stevens has been convicted on federal corruption charges.  “I am innocent,” the 84-year-old Stevens said in a written statement.  “I will fight this unjust verdict with every ounce of energy I have.”

Stevens was convicted of seven counts of making false statements on Senate ethics forms in order to hide hundreds of thousands of dollars in gifts and work on his Alaska home by an oil contractor who is currently target of a corruption investigation.

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