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Why Was Letterman Being Blackmailed?

In today's front page New York Times story on the Letterman case, the lawyer for the CBS employee charged with larceny had some amusing things to say.

[The lawyer] said that the prosecutor’s remarks in court about Mr. Halderman’s debts showed that “they’re obviously searching for a motive.”

Right, a motive. Isn't the motivating factor in trying to blackmail someone for $2 million dollars...$2 million dollars???