“Scooter” Libby is guilty of obstruction of justice, perjury, and making false statements to federal officers. He did so to protect his boss, Dick “Go F— Yourself” Cheney from an investigation into who ordered a covert agent’s identity to be exposed. His lies prevented the investigation from moving on to Cheney and other administration figures, protecting the person truly responsible for endangering investigations into weapons proliferation.
Libby was acquitted of one charge, that he lied to the FBI about a conversation with Matt Cooper of Time magazine, but convicted him of lying about a conversation with Tim Russert.
Hey, at least he didn’t get oral sex from an intern. That would be disreputable, and might mean that the entire Republican party is the party of perjury and obstruction of justice. As it is, I imagine the Cheney administration will carry on as before.