John Edwards has added some heft to his legal team: former White House Counsel Gregory Craig. Craig released this statement today:

“John Edwards has done wrong in his life – and he knows it better than anyone but he did not break the law. The government’s theory is wrong on the facts and wrong on the law. It is novel and untested. There is no civil or criminal precedent for such a prosecution. The government originally investigated allegations that Senator Edwards’ campaign’s funds were misused but continued its pursuit even after finding that not one penny from the Edwards campaign was involved.

The Justice Department has wasted millions of dollars and thousands of hours on a matter more appropriately a topic for the Federal Election Commission to consider, not a criminal court.”

Craig says Edwards is prepared to fight. My translation: If the Government offers a misdemeanor, there's still room to talk, particularly before the Indictment is returned. [More...]