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Wednesday, June 04, 2008

Obama Fundraiser Tony Renzko Convicted On 16 Of 24 Charges

It doesn't matter that he was convicted of  scamming people, this will be spun as another case of whitey keeping the black man down. However; it seems like more investigation will be done in regards to Renzko's business deals with Obama and their charity contributions.

U.S. Attorney Patrick J. Fitzgerald told reporters the verdict represented "an antidote to the poison of corruption" that testimony alleged included the fixing of state boards that controlled a $40 billion pension fund and made major decisions about hospital construction.

The nine-week trial included explosive testimony about all-night drug-fueled parties involving the government's star witness and allegations that Blagojevich personally discussed a state job for a donor.

Political corruption in Illinois has been deemed so extensive that the FBI has sent an extra official corruption squad into the state. Federal officials say the investigation is far from over.

[...]

Rezko's conviction also intensifies the spotlight on his relationship with Obama. Rezko has known Obama since he entered politics, raised money for his Illinois campaigns and was involved in a 2005 real estate deal with him. Obama has donated $150,000 in Rezko-related contributions to charity.

The presumptive Democratic presidential nominee is accused of no wrongdoing and his name was barely mentioned at trial, but Republicans are unlikely to let voters forget about his ties to Rezko as the presidential race heats up.

[...]

Rezko, a Chicago real estate developer and fast-food entrepreneur, was convicted of six counts of mail fraud, six counts of wire fraud, two counts of aiding and abetting bribery and two counts of money laundering.