But according to the New Orleans Times-Picayune, Reggie's tapes have helped instigate at least two additional FBI probes of political figures, including one involved in a "national campaign."

Reggie's "role as government informant was kept secret until recently in an effort to conceal his cooperation in at least two other unrelated investigations," the paper said Friday.

"One [involves] a state senator, and the other, a prominent political figure who may have been illegally soliciting national campaign donations from foreign nationals, according to an FBI affidavit."

Both prosecutor Peter Zeidenberg and presiding judge A. Howard Matz have agreed to keep Reggie's tapes out of Rosen's trial. That's good news for Democrats, at least for the time being.

A transcript of the tape, the Times-Picayune said, "shows that while some parts could have helped bolster the government's case [against Rosen], others contained potentially embarrassing details about the fast-and-loose practices of top Democratic fund raisers and party officials."

Last week the paper released transcript excerpts revealing that some of those "fast-and-loose" practices included the procurement of prostitutes for "Clinton loyalists" and illegal drug use.

Another worrisome aspect for Democrats was Reggie's insider status within the party, which gave him access all the way to the top.

Taking the stand at Rosen's trial for the first time on Thursday, the Kennedy in-law was asked:

"Do you have a close relationship with President Clinton?"

Reggie responded: "I did, and I do."

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