Kevin Spacey to play Jack Abramoff

Sounds interesting, and Variety has the details:
Kevin Spacey is slipping into the shoes of disgraced Washington power broker Jack Abramoff.
Thesp will topline the true story-based thriller "Casino Jack," directed by George Hickenlooper from an original screenplay by Norman Snider.
Film, formerly titled "Bagman," stars Spacey as the once high-powered lobbyist whose bribery schemes and fraudulent dealings with Indian casinos ultimately landed him in prison.
Gary Howsam, Bill Marks and George Vitezakis are producing the film, which will begin lensing in Toronto this month. Richard Rionda Del Castro, Donald Zuckerman, Patricia Eberle and Lewin Webb are exec producing alongside Dana Brunetti for Spacey's Trigger Street Prods.
Hannibal Pictures is handling worldwide sales, excluding North America, and will sell the film at the Cannes Film Festival. E1 Entertainment has purchased Canadian rights. William Morris and Paradigm are handling U.S. rights.
Spacey most recently starred in "21" and HBO's "Recount," both of which he produced through Trigger Street. He will next be seen in "Shrink," which premiered at the Sundance Film Festival and will be released in July. Other upcoming projects include "The Men Who Stare at Goats" alongside George Clooney and father-daughter comedy "Father of Invention."
-Could Spacey be headed back to Oscar territory?