Ted Stevens Home Raided

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Agents from the FBI and the Internal Revenue Service raided the Alaska home of Sen. Ted Stevens (R) yesterday as part of a broad federal investigation of political corruption in the state that has also swept up his son and one of his closest financial backers, officials said.

Contractors have told a federal grand jury that in 2000, Veco executives oversaw a lavish remodeling of Stevens's house in Girdwood, an exclusive ski resort area 40 miles from Anchorage, according to statements by the contractors.