According to FBI surveillance tapes, Ford claims he received the watch for doing a favor for Memphis developer Rusty Hyneman, saving him nearly $1.5 million in fees. In one tape, undercover agent L.C. McNeil, now on the witness stand in federal court, spots Fords diamond-encrusted gold watch complete with pieces of a space rock and tells the politician: "Youve been bling, blinging all night long."
Good news.