residents of dennis hastert s hometown of yorkville illinois, are reeling from the revelations of the criminal indictment against the house speaker. it says in 2010 hastert agreed to play someone $3.5 million to conceal a past misconduct. the indictment offers no deals of the misconduct nor who the person is. federal law enforcement tells nbc news the payments related to hastert s days as an illinois school teacher and coach and sexual misconduct with a student. adam reece good day. what are people there saying? reporter: they find it hard to believe, alex, wondering why it took 40 years for to come to light. he s not spoken publicly since the story broke, but the fallout does continue. wheaton college hissal ma mat, in illinois his alma mater, in illinois, announcing he will speak down immediately from the dennis hastert institute. this coming days after he stepped from the law firm where he worked in washington as well as the cme exchange. relatives, friends, colleagues
this falls in the category of an active department of justice criminal investigation. but i think i can speak pretty faithfully for everybody here at the white house that even though speaker hastert served as speaker of the house in the other party, that there s nobody here who takes who derives any pleasure from reading about the former speaker s legal troubles at this point. reporter: from current republican house speaker john boehner, this statement. quote, the denny i served with worked hard on behalf of his constituents and the country. i m shocked and saddened to learn of these reports. the indictment says that someone identified as individual a came to hastert sometime around 2010 and discussed something that happened in their past between hastert and individual a. here s how the indictment lays it out. quote, during the 2010 meetings and subsequent discussions, defendant john dennis hastert agreed to provide individual a
the one who has been wronged. but he is actually the victim here. the friend who says he s been associated with hastert since the 70s says he spoke with him and he s an incredibly good job for the people. he s done that a and done as well as he could. according to this friend. we ve reached out to hastert, have not heard back. from his former law firm they haven t said anything yet? they took down his bio as soon as the indictment came out. he resigned from the law firm. and we haven t heard back from his attorney. stand by. i want to continue our reporting on what s going on. let s bring in michael schmidt. a reporter for the new york times, who is also working the story and our cnn legal analyst jeffrey toobin. michael, what else are your sources telling you about this case? basically the way that this really started was the bank was the one that detected the money coming out. there are these threshholds thaw can t basically take money off on. so that sort of the genesis o