It began Thursday, as reporters were in front of the federal courthouse, anticipating news about the investigation into business dealings by former New Orleans Mayor Ray Nagin.

CRaypalooza “@GordonRussell1: Lotta news vans in front of fed court this morning…”Toffleresque

@Toffleresque This may be a false alarm. Maybe we can finally have that “Anchorman” brawl instead …Gordon Russell

RT @GordonRussell1: The stakeout continues. Reporters telling war stories, waiting for something to happen. http://pic.twitter.com/Aw9ySRT4Travers Mackel

I have declared the stakeout over for today. Hopefully, I’m not wrong…Gordon Russell

Reporters gathered again on Friday awaiting a grand jury report and a possible indictment.

Ray Nagin retweeting Osteen on possible indictment day.”You are closest to your victory when you face the greatest opposition.”Paul Murphy

Then things picked up in a hurry.

Grand jury done for the day. Awaiting any indictmentsLee Zurik

Grand jury has completed work at fed court; @chmaldonado awaiting news of any possible indictments today. We’ll let you know either way.Gambit

Prosecutors Matt Coman and Rick Pickens in room. FBI too. Waiting for Judge Lemelle to take bench.Gordon Russell

Grand jury returning. Will they bring Nagin indictment? Stay tuned….Mike Perlstein

The news breaks:

Former New Orleans mayor Ray Nagin has been indicted by a federal grand juryLee Zurik

Nagin indicted.Mike Perlstein

Federal grand jury indicts former New Orleans Mayor Ray Nagin conspiracy money laundering other crimesPaul Murphy

RT @GordonRussell1: 21 counts. Conspiracy, wire fraud, bribery, money laundering, filing false tax returnsNOLA.com

Federal grand jury indicts Ray NaginNew Orleans, La. – A federal grand jury has indicted former New Orleans mayor Ray Nagin. Federal prosecutors had tried to reach a plea de…

Legal analyst Chick Foret: Nagin could be looking at 10-20 year sentence.WWL-TV

Ray Nagin, former New Orleans mayor, charged with taking bribes while in officeA federal grand jury charged former Mayor Ray Nagin Friday with 21 counts of bribery, conspiracy to deprive citizens of honest services, …

And the analysis and reaction started to come in.

More like Shocking RT @michaelroston: @daveweigel Times-Pic says Nagin is the 1st NO mayor ever charged with corruption… very surprising.Raymond Pritchett

“YOU GOTTA BE KIDDIN ME” #DaMayorinyourPocketSnake and Jakes NOLA

DuBos: Nagin’s second term was a complete abdication of his duty and a squandering of his opportunity to lead. (two posts)WWL-TV

Another black eye (running out of eyes) http://www.nola.com/crime/index.ssf/2013/01/former_mayor_ray_nagin_charged.htmlJP Morrell

WRONG! The city is positively gleeful RT @The_Gambit: #NAGINDICTMENT @MayorLandrieu: ““This is a sad day for the city of New Orleans. …”Deborah Cotton

http://NOLA.com story on Nagin indictment already has 1,000 Facebook likes! http://bit.ly/XjfTfMNaomi Martin TP

Ray Nagin indictment: social media reactionsA federal grand jury charged former Mayor Ray Nagin Friday with 21 counts of bribery, conspiracy to deprive citizens of honest services, …

RT @ChMaldonado: Here’s the indictment. http://pic.twitter.com/Ugf5cZUqGambit

There was no press conference by the new interim U.S. attorney.

RT @bmccarthyWWL: Interim US Atty Dana Boente will NOT be a holding a press conference today re: Nagin indictment. Office will issue press release soon.Tyler Bridges

And more details emerged.

The federal indictment accuses #Nagin of accepting more than $160,000 in bribes.Chris Finch

“Businessman A” allegedly paid 3rd party to cover private jet, limo for Nagin trip to NYC, in exchange for tax penalty waiver.Gordon Russell

We were reminded that Nagin had said his entry into politics was originally a business decision.

Greatest Nagin quote of all time “Politics in New Orleans is the dominant industry, so I decided to get in,” http://www.nola.com/news/index.ssf/2009/06/nagin_discusses_katrina_life_i.htmlskooks

RT @skooks: A look back at Ray Nagin by @moseleylensnola http://thelensnola.org/2012/02/23/nagin-probe-invites-a-look-backKaren DaltonBeninato