William Cellini sentencing October 4, 2012, Obama corruption crony, Judge James B. Zagel, Teachers Retirement System kickbacks
“Why was Obama promoting Capri Capital and other investment firms at the same time that Rezko, Levine and Cellini were shaking them down?”…Citizen Wells
“The citizens of Illinois deserve public officials who act solely in the public’s interest, without putting a price tag on government appointments, contracts and decisions.”…Patrick Fitzgerald
*** Update 5:50 PM EST ***
William Cellini has been sentenced to one year and one day in prison.
William Cellini, who was convicted of 2 counts of conspiracy to commit extortion and aiding and abetting the solicitation of a bribe on November 1, 2011, will be sentenced today, October 4, 2012 in the courtroom of Judge James Zagel.
Thursday, October 4, 2012 (As of 10/04/12 at 03:48:03 PM )
Honorable James B. Zagel Courtroom 2503 (JBZ)
1:08-cr-00888 USA v. Cellini 02:30 Sentencing
From Citizen Wells January 5, 2012.
“Following Obama’s efforts, the Illinois Teachers’ Retirement System gave Ariel Capital $112.5 million to manage, and added hundreds of millions more over the next few years.”
“Three other minority-run firms — Holland Capital, Loop Capital and Capri Capital Partners — also saw hundreds of millions of assets turned over to them to manage after meeting with Obama and the state pension boards.”
“Capri Capital is a little more interesting.
From the William Cellini Indictment Press Release:”
“Cellini’s alleged crimes – essentially conspiring with others to force Capri Capital, also a real estate investment firm, and Thomas Rosenberg, a principal and part owner of Capri, to raise or donate substantial political contributions for Public Official A – were the subject of testimony earlier this year at the trial of alleged co-conspirator Antoin “Tony” Rezko. Cellini was charged with conspiring with Rezko, former TRS trustee Stuart Levine, the pension fund’s outside lawyer Steven Loren and others between the spring of 2003 and the summer of 2005 to defraud TRS beneficiaries and the people of Illinois of Levine’s honest services as a TRS trustee. TRS, a public pension plan for teachers and administrators in public schools statewide except in Chicago, serves hundreds of thousands of members and beneficiaries and has assets in excess of $30 billion.”
“March 6, 2008″
“Prosecutor Carrie Hamilton talks about how Highland Park businessman
Stuart Levine is central to the government case “
“She also explains how William Cellini, a powerful Republican power
broker, was also allegedly central to many of the alleged kickback
schemes at the Teacher’s Retirement System.
Hamilton finished remarks after an hour. She did not mention the name
of Democratic presidential contender Barack Obama, whose U.S. Senate
campaign in 2004 allegedly was the beneficiary of $20,000 in campaign
cash from intermediaries in the kickback schemes the government says
were orchestrated by Rezko.”