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Here's what we got from a quick email from SFist Jim, at the Herrera press conference (thanks, Jim! Mmmm-whhhahhh!):
--Resignation is irrevocable
--Ed cannot hold office in SF for 5 years. (Is Burlingame city council still up for grabs, though?)
--No admission of guilt by Ed (so will this come in for the city criminal trial?)
--In exchange, the city drops the civil suit and Gavin Newsom's investigation.
--Ed was not present at the press conference, on advice of counsel. (drat.)
--Does not affect federal case, though Ed's attorney discussed possible settlement of that one too.
--Ed's attorney called him naive (sure, that's one way of putting it).
--Settlement agreement is 9 pages long; Herrera says this particular offer has been on the table for awhile.
--Ed's attorney says Ed'll never run for office again.
--This litigation cost the city $300,000 (we assume that doesn't include charges for the criminal case).
--Blood Diamond Of Death mayor Gavin Newsom to give press conference at 2 p.m.
Well, at least now Ed can move back to Burlingame, where all his shoes are. More updates as they happen!
LOLJEW picture by the beloved KWillets. Still love this one!
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Ed can now run for Lantos' seat, and having criminal indictments in federal court will mean that unlike other Congressmen, who have to get into office and get hit by the feds for bribe charges, he will already be indicted for shaking down the quickly folks and have the transcripts to prove it.
and he can stay in Burlingame now full time and only have to come up to SF for court!
Thanks, Ed! It's been entertaining reading all the snarky comments here at SFist, but all good things eventually come to an end. You will be missed.
This is the death knell of the cheeseburger-parrot movement.
Settle the federal case? How can they settle it without him going to jail?
I'm guessing the motivation behind these events is that the financial risks of a successful investigation and SF civil suit threatened to drain his ability to pay attorneys to defend him on the federal charges.