Rezko convicted of 16 corruption counts

Rezko convicted of corruption

A federal jury today convicted developer Antoin "Tony" Rezko of corruption charges for trading on his clout as a top adviser and fundraiser to Gov. Rod Blagojevich.

Rezko's guilty verdict on 16 of 24 corruption counts could have broad repercussions for Blagojevich, who made Rezko a central player in his cabinet. It could also prove a political liability for U.S. Sen. Barack Obama, who once counted Rezko as a friend and fundraiser, as the likely Democratic presidential nominee heads into the general election campaign against Republican John McCain.

The convictions?

including conspiracy to extort, two counts of aiding and abetting bribery, two separate counts of money laundering, and multiple counts of wire and mail fraud.

Rezkorama has roundup of all things Rezko, but don't miss the comprehensive report by the Chicago Tribune of the Obama-Rezko connection.

The Democrat presidential candidate's former major fundraiser is now a convicted felon.

Are we going to start questioning Obama's judgement yet? Until then, let the media spin begin.



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