N.Y. state assembly speaker charged with fraud in corruption probe

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By Nate Raymond NEW YORK (Reuters) - New York Assembly Speaker Sheldon Silver, one of the state's most powerful Democrats for more than two decades, was charged on Thursday with fraud and other criminal counts after a lengthy corruption investigation, federal authorities said. The governor, Senate majority leader and assembly speaker have negotiated state budgets and key legislation. Silver, the latest in a long line of New York politicians involved in corruption scandals, allegedly received more than $6 million in income from two law firms since 2002. The case appeared to accelerate after federal authorities resurrected an investigation into corruption in Albany, the state capital.

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