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Headline: Rezko Arrested and Charged

Political fundraiser and real estate developer Tony Rezko has been arrested after a government motion to revoke his bond. Rezko is scheduled to stand trial for charges of fraud, attempted extortion, and money laundering. He has pleaded not guilty to all charges. A hearing is expected in the case this afternoon.


Rezko's name came to public knowledge during the Democratic debate in South Carolina, where Hillary Clinton accused Barack Obama of accepting campaign donations from the "slumlord." Obama has given the tens of thousands of of dollars in campaign donations associated with Rezko to charity. Though there is speculation surrounding a real estate deal between Obama and Rezko in 2005, Obama says,

"Everything was aboveboard . . . Nobody had an inkling that he was involved in any problems." Adding, "I should not have entered into any kind of agreement with him."

Look here for more details about the Obama/Rezko connection. Do you think there's something suspicious about this situation, or is the tightness of the Democratic race blowing this out of proportion?

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