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Jury Finds Tony Rezko Guilty On 16 Of 24 Charges

Discussion in 'Political Zone' started by trickblue, Jun 4, 2008.

  1. trickblue

    trickblue Old Testament... Zone Supporter

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    Jury Finds Tony Rezko Guilty On 16 Of 24 Charges
    A jury has found political fundraiser Antoin "Tony" Rezko guilty on 16 of 24 charges in his corruption trial.

    U.S. District Judge Amy J. St. Eve will read the verdict 3:45 p.m. at the Dirksen Federal Building.

    Jurors sent St. Eve a note Monday saying they could not "decide on one count."

    The note seemed to suggest the jury had reached verdicts on 23 of the 24 counts against Rezko, but it didn't say that specifically.

    St. Eve called jurors to the courtroom and told them to listen carefully to each other and make an effort to reach a unanimous verdict. She then sent them to continue deliberations, which began May 13.

    The 52-year-old Rezko is accused of scheming to get kickbacks from companies wanting state contracts. He has pleaded not guilty, and defense attorneys say the government didn't prove its case.

    CBS 2's Mike Parker will have more on this developing story after the verdict is read.

    The Associated Press contributed to this report.
  2. BrAinPaiNt

    BrAinPaiNt Bad Santa Staff Member

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    Send him up the river.
  3. SuspectCorner

    SuspectCorner Bromo

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    The Watchdogs

    8 things you need to know about Obama and Rezko

    Tale in national spotlight, thanks to Clinton

    January 24, 2008

    All of a sudden, seems as if everybody's talking about Barack Obama and Tony Rezko. Even Jay Leno.

    Rezko already was a big story in Chicago, accused of influence-peddling in the Blagojevich administration and set to face trial Feb. 25.

    But Monday, he became national news -- and an issue in the presidential race. That's when Hillary Clinton blasted Obama for having represented "your contributor, Rezko, in his slum landlord business in inner-city Chicago."

    Having a hard time keeping track of the facts? Here are eight things to know:

    1. They met in 1990. Obama was a student at Harvard Law School and got an unsolicited job offer from Rezko, then a low-income housing developer in Chicago. Obama turned it down.

    2. Obama took a job in 1993 with a small Chicago law firm, Davis Miner Barnhill, that represents developers -- primarily not-for-profit groups -- building low-income housing with government funds.

    3. One of the firm's not-for-profit clients -- the Woodlawn Preservation and Investment Corp., co-founded by Obama's then-boss Allison Davis -- was partners with Rezko's company in a 1995 deal to convert an abandoned nursing home at 61st and Drexel into low-income apartments. Altogether, Obama spent 32 hours on the project, according to the firm. Only five hours of that came after Rezko and WPIC became partners, the firm says. The rest of the future senator's time was helping WPIC strike the deal with Rezko. Rezko's company, Rezmar Corp., also partnered with the firm's clients in four later deals -- none of which involved Obama, according to the firm. In each deal, Rezmar "made the decisions for the joint venture," says William Miceli, an attorney with the firm.

    4. In 1995, Obama began campaigning for a seat in the Illinois Senate. Among his earliest supporters: Rezko. Two Rezko companies donated a total of $2,000. Obama was elected in 1996 -- representing a district that included 11 of Rezko's 30 low-income housing projects.

    5. Rezko's low-income housing empire began crumbling in 2001, when his company stopped making mortgage payments on the old nursing home that had been converted into apartments. The state foreclosed on the building -- which was in Obama's Illinois Senate district.

    6. In 2003, Obama announced he was running for the U.S. Senate, and Rezko -- a member of his campaign finance committee -- held a lavish fund-raiser June 27, 2003, at his Wilmette mansion.

    7. A few months after Obama became a U.S. senator, he and Rezko's wife, Rita, bought adjacent pieces of property from a doctor in Chicago's Kenwood neighborhood -- a deal that has dogged Obama the last two years. The doctor sold the mansion to Obama for $1.65 million -- $300,000 below the asking price. Rezko's wife paid full price -- $625,000 -- for the adjacent vacant lot. The deals closed in June 2005. Six months later, Obama paid Rezko's wife $104,500 for a strip of her land, so he could have a bigger yard. At the time, it had been widely reported that Tony Rezko was under federal investigation. Questioned later about the timing of the Rezko deal, Obama called it "boneheaded" because people might think the Rezkos had done him a favor.

    8. Eight months later -- in October 2006 -- Rezko was indicted on charges he solicited kickbacks from companies seeking state pension business under his friend Gov. Blagojevich. Federal prosecutors maintain that $10,000 from the alleged kickback scheme was donated to Obama's run for the U.S. Senate. Obama has given the money to charity.

    Tim Novak

  4. burmafrd

    burmafrd Well-Known Member

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    You run for any statewide office and you are going to have Rezko types around. I actually don't think this is anything at all. should he have been more careful on that land deal- yes. But it actually does not seem like much at all.
  5. canters

    canters Active Member

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    Obama supporters do not worry. The media willl largely ignore this and other problems with BO. To point such problems out will be called racist by someone, somewhere. This is all it will take for most critics to run away tail between legs.
  6. Danny White

    Danny White Winter is Coming

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  7. AtlCB

    AtlCB Active Member

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    While most of us (including myself) don't believe that Obama knew he was crooked, Rezko is just another shady figure that the 527's can exploit.
  8. canters

    canters Active Member

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    C'mon, you must be kiddin' that BO did not know Rezko was crooked? Rezko is another scumbag sucking up to a politician. IF BO did not know or have reason to suspect something was wrong, then he is not a smart a wunderkid as we think.

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