Part-Time Pundit

Columns and Commentary by John Bambenek

Blago Under Federal Investigation?

Illinois Leader just broke that two gulity pleas have put Blagojevich in the cross-hairs of the over-worked and under-paid US Attorney Peter Fitzherald.

Today, in the guilty pleas entered in federal court by attorneys Steve Loren and Joseph Cari for participating in a an extortion scheme designed to direct investment firms managing tens of millions of dollars of state Teacher Retirement System (TRS) pension funds to hire particular consultants and make specified campaign contributions.

What is it about Illinois and governors demanding campaign contributions for business? This threatens to break open the 2006 race for governor, perhaps pushing the Dems to put someone up in the primary to avoid losing the governor’s mansion to the Republicans, who will undoubtedly be thrown out in one term for the same kind of corruption that got them booted in 2002.

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  • September 16th, 2005 Posted by John Bambenek | Illinois, Law / Legal Issues, Politics | one comment

    1 Comment »

    1. It is a big maybe that he may be implicated later but at this time he is right that it is heresay. You also must remember that Chicago is Nationally known for it corrupt politics and it seems to have infected our downstate politicians. I like the ideal of offering rewards for information leading to the conviction a politician for corruption.

      Comment by Kerwin | September 18, 2005

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