NEW YORK -- Now that Time Inc. has turned over documents to federal court, presumably revealing who its reporter, Matt Cooper, identified as his source in the Valerie Plame/CIA case, speculation runs rampant on the name of that source, and what might happen to him or her. Friday night, on the syndicated McLaughlin Group political talk show, Lawrence O'Donnell, senior MSNBC political analyst, claimed to know that name--and it is, according to him, top White House mastermind Karl Rove.

Here is the transcript of O'Donnell's remarks:

"What we're going to go to now in the next stage, when Matt Cooper's e-mails, within Time Magazine, are handed over to the grand jury, the ultimate revelation, probably within the week of who his source is.

"And I know I'm going to get pulled into the grand jury for saying this but the source of...for Matt Cooper was Karl Rove, and that will be revealed in this document dump that Time magazine's going to do with the grand jury."

Other panelists then joined in discussing whether, if true, this would suggest a perjury rap for Rove, if he told the grand jury he did not leak to Cooper.

Cooper and New York Times reporter Judith Miller, held in contempt for refusing to name sources, tried Friday to stay out of jail by arguing for home detention instead after Time Inc. surrendered its reporter's notes to a prosecutor.

Meanwhile, on Capitol Hill, Sen. Frank Lautenberg, D-N.J., said Friday that several unidentified Senate Republicans had placed a hold on a proposed resolution declaring support for Miller and Cooper.

``Cowards!'' Lautenberg said of the Republicans. ``Under the rules, they have a right to refuse to reveal who they are. Sound familiar?''

Lautenberg's resolution is co-sponsored by Sens. Richard Lugar (R-Ind.) and Christopher Dodd (D-Conn.) It says no purpose is served by imprisoning Miller and Cooper and that the First Amendment guarantees freedom of the press.

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