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Jailed Obama fundraiser is talking with prosecutors

 
By The Associated Press | Published: October 12, 2008    Comment on this article Leave a comment

CHICAGO — Jailed political fundraiser Antoin "Tony” Rezko, the Chicago real estate developer who helped launch Barack Obama on his political career, is whispering secrets to federal prosecutors about corruption in Illinois, and the political fallout could be explosive.

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Rezko was friendly with Obama — offering him a job when he finished law school, funding his earliest political campaigns and purchasing a lot next to his house. But based on the known facts, charges so far and testimony at Rezko’s trial, there’s no indication there’ll be a so-called "October surprise” that could hurt the Democratic presidential nominee — even though Rezko says prosecutors are pressing him for dirt about Obama.

Rezko, 53, a real estate developer, was convicted in June of scheming to use his clout with Gov. Rod Blagojevich’s office to squeeze $7 million in kickbacks out of a contractor and seven money management firms seeking to do business with the state.

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Related Topics: Politics, U.S. Politics, Business, World Politics, Elections and Voting, U.S. Democratic Party Politics, Political Parties, Real Estate, Personal Finance, Professional Schools, Campaign Finance, Financial Planning, Personal Budgeting, U.S. Presidential Election, Government and Politics, U.S. Liberal Politics



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