Alaska Sen. Ted Stevens -- the longest-serving Republican in the Senate and a longtime thorn in the side of enviros -- was indicted today.

A federal grand jury in Washington, D.C., charged the 84-year-old senator with seven counts of making false statements on his financial disclosure forms between 1999 to 2006 in order to conceal gifts and in-kind services from the oil-field engineering firm VECO Corp. and its CEO, Bill Allen.

The indictment charges that Allen and...