Tuesday, February 12, 2008

Tony Rezko's Mysterious $400,000 Finder's Fee

The Chicago Sun-Times reports:
You've heard about Tony Rezko's $3.5 million payment from an Iraqi billionaire that caused a federal judge to decide she'd better hold him in jail until his trial.

But unless you're keeping close tabs on the case, you probably don't know about an earlier $400,000 "finder's fee" that Rezko says he paid to the billionaire's
It's a funny little story that just kind of fell through the cracks in all the hubbub over Rezko's being taken into custody.

But it's also instructive in that it offers some insight into the man who was a major fund-raiser for Gov. Blagojevich and Sen. Barack Obama, in particular how he did business and how he might fare as a witness in his own defense.

In documents laying out their case against him, federal prosecutors have said plenty about how Rezko did business, portraying him as a fixer who directed improper payments to nominees and associates to cover his tracks.
Chicago politics.