Solely from a legal perspective, having reviewed the Libby indictment, I’m somewhat perplexed as to why they even bothered. In a nutshell, the grand jury believed Matt Cooper and Tim Russert, not Libby — so a trial is going to be his word versus them. The obstruction charge stems from Libby’s statements not reconciling with Millers’ statements, though it seems she was not credible enough to establish a third perjury charge.