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Obama Bundler Rezko Sentenced to 10 1/2 Years in Prison

From the Chicago Sun-Times:

A federal judge sentenced Tony Rezko to 10 1/2 years in prison Tuesday, describing his actions under Rod Blagojevich’s tenure as “selfish and corrupt.”

Rezko, 56, has already served about 44 months. His daughter burst into tears at hearing the sentence.

U.S. District Judge Amy St. Eve said she found it offensive that Rezko put at risk the Teachers’ Retirement System by scheming for kickbacks with a board member in 2004.

“You put their retirements at risk for your own greed and your own thirst for power,” St. Eve said.

A pale, thin Rezko gave a brief statement before he learned his sentence, saying “there are no words to describe the pain and regret,” he carries and the amount of suffering his family has endured. He apologized to the court and to his family.

Assistant U.S. Attorney Chris Niewoehner said Rezko’s conduct was severe and included scheming with former Gov. Rod Blagojevich and others to control state deals so they could make money off of it.

“That’s about as bad as it can get in a political corruption case,” he said. “Illinois was for sale at the very top levels of our government.” Rezko’s attorney, Joseph Duffy, said his client would never commit a crime again.

Read more here. Readers will no doubt remember that Rezko and Obama were involved in a controversial land deal when Obama was a state Senator. They had very close ties:

Rezko was a key supporter and donor throughout Mr. Obama’s political career, with the Illinois Democrat estimating that Rezko raised $250,000 for his various political campaigns, though not for his presidential bid. The two were friends who talked frequently about politics and occasionally dined out together with their wives.


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