From The American Spectator ( 😮 yeah, I said The American Spectator! I am just as surprised as you are!):
The tin-foil-hat crowd was almost immediately pushing a Jack Abramoff angle to the surprise resignation of Sen. Trent Lott. But a more recent scandal brewing — which has already ensnared Sen. Ted Stevens, among others — may also be playing on Lott’s mind.
Lott, Stevens, as well as Rep. Dennis Hastert all have ties to Bill Allen, a larger than life Alaskan businessman who owned Veco, an oil-field services company, and who was a huge benefactor of Republican politicians. Between 1980 and 2000, Allen, Veco executives and Allen’s friends generated more than $1 million in political donations.
From Think Progress:
Allen has pleaded guilty to bribing Alaska legislators, including Ben Stevens, the son of Sen. Ted Stevens (R-AK). The elder Stevens is currently the target of multiple federal investigation, including one on his ties to Veco.
Lott continues to stand by Stevens, donating $5,000 from his political action committee to Stevens’s re-election campaign. Lott also has ties to Allen, who accompanied him to the lavish annual “Waterfall Fishing Tournament” in Alaska. Since 1996, at least 10 current and former lawmakers have attended the trip, an opportunity for “the energy industry’s top brass” to influence lawmakers.