Oh, goody!

WASHINGTON — The Supreme Court weakened a key anticorruption law today, ruling that the law against “honest services” fraud is too vague to constitute a crime unless a bribe or kickback was involved.

The decision is likely to have a wide impact and could affect recent convictions of public figures and corporate executives.

They include former Enron chief executive Jeff Skilling and former Chicago newspaper magnate Conrad Black, both of whom had appealed to the Supreme Court. They were convicted on other charges as well, however, and those convictions still stand.