Jim Greer Pleads Guilty to Grand Theft

Jim Greer has pleaded guilty this morning to four counts of grand theft, in a plea bargain with prosecutors that could see him spending up to 43 months in prison.

"Sometimes clearing your name is not as important as taking care of your family," Damon Chase, Greer's attorney, said in explanation.

Jury selection was scheduled to begin today, in a trial thatthreatenedto expose some of the inner workings of the Republican Party of Florida, and possiblyembarrass the GOP leadership.

More to come ...