UPDATED: Report: Karl Rove Indicted.

UPDATED below the fold.

This is from Jason Leopod at Truthout:

Special Prosecutor Patrick Fitzgerald spent more than half a day Friday at the offices of Patton Boggs, the law firm representing Karl Rove.

During the course of that meeting, Fitzgerald served attorneys for former Deputy White House Chief of Staff Karl Rove with an indictment charging the embattled White House official with perjury and lying to investigators related to his role in the CIA leak case, and instructed one of the attorneys to tell Rove that he has 24 business hours to get his affairs in order, high level sources with direct knowledge of the meeting said Saturday morning.

Robert Luskin, Rove's attorney, did not return a call for comment. Sources said Fitzgerald was in Washington, DC, Friday and met with Luskin for about 15 hours to go over the charges against Rove, which include perjury and lying to investigators about how and when Rove discovered that Valerie Plame Wilson was a covert CIA operative and whether he shared that information with reporters, sources with direct knowledge of the meeting said.

It was still unknown Saturday whether Fitzgerald charged Rove with a more serious obstruction of justice charge. Sources close to the case said Friday that it appeared very likely that an obstruction charge against Rove would be included with charges of perjury and lying to investigators.

An announcement by Fitzgerald is expected to come this week, sources close to the case said. However, the day and time is unknown. Randall Samborn, a spokesman for the special prosecutor was unavailable for comment. In the past, Samborn said he could not comment on the case.

The grand jury hearing evidence in the Plame Wilson case met Friday on other matters while Fitzgerald spent the entire day at Luskin's office. The meeting was a closely guarded secret and seems to have taken place without the knowledge of the media.

... Rove told President Bush and Chief of Staff Joshua Bolten, as well as a few other high level administration officials, that he will be indicted in the CIA leak case and will immediately resign his White House job when the special counsel publicly announces the charges against him, according to sources.

Details of Rove's discussions with the president and Bolten have spread through the corridors of the White House, where low-level staffers and senior officials were trying to determine how the indictment would impact an administration that has been mired in a number of high-profile political scandals for nearly a year, said a half-dozen White House aides and two senior officials who work at the Republican National Committee.

Speaking on condition of anonymity Friday night, sources confirmed Rove's indictment was imminent. These individuals requested anonymity saying they were not authorized to speak publicly about Rove's situation. A spokesman in the White House press office said they would not comment on "wildly speculative rumors."

How Accurate Was the 'Rove Indicted' Story?

On Saturday afternoon, we ran a breaking story titled, "Karl Rove Indicted on Charges of Perjury, Lying to Investigators." We assumed that we were well ahead of the mainstream media and that we would be subsequently questioned. Right on both counts.

What everyone is asking right now is how accurate is the story? Has Rove in fact been indicted? The story is accurate, and Karl Rove's attorneys have been served with an indictment.

In short, we had two sources close to the Fitzgerald investigation who were explicit about the information that we published, and a former high-ranking state department official who reported communication with a source who had "direct knowledge" of the meeting at Patton Boggs. In both instances, substantial detail was provided and matched.