President Bush's commutation of Lewis "Scooter" Libby's prison sentence highlights some interesting connections between Vice President Dick Cheney's former chief of staff, a former fugitive from justice, an ex-president and two leading 2008 White House hopefuls.
Before entering government, Libby was a private attorney who represented billionaire international commodities trader Marc Rich.
Rich was indicted in 1983 by then-U.S. Attorney Rudy Giuliani on charges of tax evasion and illegal dealing with Iran during the American hostage crisis.
Rich fled to Switzerland. He also occupied a spot on the FBI's Most Wanted List for many years.
Giuliani, former mayor of New York, is now a leading Republican presidential candidate. He endorsed Bush's decision to spare Libby jail time even though he had tried to put Libby's client behind bars.
"After evaluating the facts, the president came to a reasonable decision, and I believe the decision was correct," Giuliani said in a written statement Monday evening.
Rich's fugitive days ended when former President Clinton pardoned him in January 2001, a move that prompted a congratulatory call from Libby to Rich.