Rezko trial won't be delayed
Posted: Tuesday, January 08, 2008 12:32 PM by Domenico Montanaro
From NBC's Domenico Montanaro
A federal judge denied a request to delay they the fraud trial of businessman Antoin "Tony" Rezko, a one-time key Obama fundraiser and friend while the now-presidential candidate was in the Illinois state senate and during his U.S. Senate run. Rezko was also an adviser to and fundraiser for Illinois Gov. Rod Blagojevich.
The AP: "Rezko has pleaded not guilty to charges that he joined with another major political fundraiser, businessman-attorney Stuart Levine, to shake down money management companies wanting to invest state pension funds. Rezko is charged in a separate case with defrauding the General Electric Capital Corp. out of $10 million."
The Chicago Tribune: Rezko "is accused of using his influence with state officials to extort kickbacks from firms seeking to do business with the Illinois Health Facilities Planning Board and the state's Teachers Retirement System Board. Stuart Levine, a member of both state boards who pleaded guilty to taking part in the kickback scheme, is expected to be the key government witness against Rezko."
The defense had asked for a delay because there are 1.5 million documents to sort through. The judge said they have enough time to prepare.