Libby Indicted

VP Dick Cheney's chief of staff, I. Lewis "Scooter" Libby, was indicted Friday by a federal grand jury on five counts: one obstruction of justice, two making false statements, and two perjury charges.

There may be more shoes yet to drop today; special prosecutor Patrick Fitzgerald has scheduled a news conference for 2 p.m. Eastern.

[Update: Libby has resigned his position. Here are the charges. -- 1:14 p.m.]