Category Archives: Illinois

Patrick Fitzgerald Chicago US attorney replacement list sent to Obama administration, Lori Lightfoot, Zachary Fardon, Jonathan Bunge, Gil Soffer, Chicago big name law offices

Patrick Fitzgerald Chicago US attorney replacement list sent to Obama administration, Lori Lightfoot, Zachary Fardon, Jonathan Bunge, Gil Soffer, Chicago big name law offices

“Why wasn’t Rod Blagojevich, Governor of IL, prosecuted before Tony Rezko, a businessman?”…Citizen Wells

“Why did Patrick Fitzgerald and the US Justice Department wait until December 2008 to arrest Rod Blagojevich?”…Citizen Wells

“Why was Patrick Fitzgerald pulled away from Chicago just as the Blagojevich Administration was being investigated and who orchestrated the diversion?”…Citizen Wells

From WBEZ January 2, 2013.

“Chicago’s next prosecutor to be more of an insider”

“The lanky, soft-spoken lawman from New York arrived in Chicago with a mandate to clean up corruption-plagued Illinois. And after a decade on the job, Patrick Fitzgerald had helped put two successive governors and a long procession of other public officials behind bars.

Months after the consummate outsider resigned as head of the U.S. attorney’s office in Chicago to enter private practice, the White House is expected to name Fitzgerald’s replacement soon from among four finalists — all of whom are comparative Chicago insiders.

Whoever is picked, the next U.S. attorney will step in to what is widely regarded as Chicago’s second-most powerful job, next only to the mayor. The chief prosecutor and around 170 assistant attorneys also have an impact beyond Chicago and Illinois, including by handling major terrorism cases.
“The fantastic thing about Fitzgerald was that he maintained his independence,” said Kathleen Zellner, a Chicago-based defense attorney. “I’m not saying these candidates won’t be independent, but it’s hard to decide to prosecute when you have (such close) connections to a town.”

The list of four finalists — Lori Lightfoot, Zachary Fardon, Jonathan Bunge and Gil Soffer — was recently forwarded to the Obama administration by Illinois’ two U.S. senators, who set-up a screening committee to vet a longer list of prospective candidates over several months.

All four know their way around the federal prosecutor’s office in Chicago — one of the nation’s busiest — each having worked there as assistant attorneys at some point. Fardon, for instance, was a member of Fitzgerald’s trial team that convicted former Illinois Gov. George Ryan on corruption charges in 2006.

If Lightfoot is named, she would make history as the first African-American and first woman to head the office.

But what stands out about the four, as a group, is that none could be described as an outsider. All four, who are little known outside legal circles, are currently partners in big-name law offices in Chicago. All have spent at least several years of their legal careers in the city.

At the time of his surprise pick in 2001, Fitzgerald was co-chief of the organized crime and terrorism unit for the U.S. attorney’s office in the Southern District of New York. The thinking was that he’d be more willing to go after Illinois politicians because he had no ties to them.

It seemed to work, Zellner said. Ryan, a Republican, and former Gov. Rod Blagojevich, a Democrat, are both in prison on corruption convictions after investigations spearheaded by Fitzgerald. He helped send dozens of other city and state officials to prison.

Appointing someone with Chicago ties may convey confidence that Chicago is no longer as corrupt as it was, said Gal Pissetzky, another Chicago attorney. He said it could signal a desire to shift focus away from corruption and on to other persistent Chicago crime, such as drug trafficking or gang-related murders.

“If you want to tackle these issues, it might make sense to have someone from Chicago,” he said. “They know the inner workings of Chicago. And law enforcement will be more cooperative when you bring someone from the inside, from Chicago.”

The finalists haven’t spoken publicly about their candidacy, or about whether they would change in office priorities.

In a letter to the U.S. senators describing interviews with the four, however, the co-chairs of the screen committee wrote that, “All share the belief — though with slightly differing ordering — that the primary subject matter concerns of the office should be: 1. Violence and drugs; 2. Public corruption; 3. Financial crimes, and 4. Terrorism.”

Lightfoot seems to have especially strong connections to city government, heading the Chicago police Office of Professional Standards between 2002 and 2005. Other candidates have also held administrative posts, including Fardon when he served as the No. 2 in the U.S. attorney’s office in Nashville.

“What you see is that this seems to be a selection of people who are more administrators,” said Zellner. “It is almost a retreat from a Pat Fitzgerald-type of prosecutor.”

That, she added, didn’t mean any one of the candidates wouldn’t excel.

“You don’t get nominated without having really good credentials,” she said. “But it is difficult to know what philosophy someone will have until after a year or so. That transition will take time.”

Federal investigations can take years before they result in indictments or go to trial, so any shift in direction under new leadership is likely to be incremental and happen over years.

A change in style is more likely, said Pissetzky.

As he racked up flashy convictions — including of reputed mobsters and terrorists — Fitzgerald gained a reputation as a no-nonsense prosecutor who erred on the side of secrecy and typically eschewed banter with reporters. He could be tenacious to a fault, defense attorneys said. Over the years, many complained that Fitzgerald pursued their clients with too much fervor, loading indictments up with as many charges as he could muster.

It’s a style that his successor won’t necessarily emulate.

Said Pissetzky, “I think they will try to make their own mark rather than trying to follow in his footsteps.””

http://www.wbez.org/news/chicagos-next-prosecutor-be-more-insider-104645

How much of Patrick Fitzgerald’s actions are due to being a pawn or being politically driven?

From Illinois Pay to Play January 1, 2013.

“The truth about the Valerie Plame case. (10 years later)”

“We’re going into the final year of a decade since the Valerie Plame case burst into the national news, and still the truth remains untold by key persons involved. Why is that?

Is Richard Armitage telling the truth when he says he didn’t tell President Bush that he was the leaker in the Valerie Plame case because of U.S Attorney Patrick Fitzgerald?

In an interview with CBS News national security correspondent David Martin, former Deputy Secretary of State Richard Armitage said he didn’t come forward as the source of the leak because “the special counsel, once he was appointed, asked me not to discuss this and I honored his request”.

Patrick Fitzgerald was appointed special counsel on December 30, 2003.

Let’s examine Armitage’s claims.

Armitage has stated that reporter Bob Novak’s column, published October 1,2003, caused him to (1) immediately meet with the FBI and confess to being the leaker, and (2) then call Secretary of State Colin Powell and tell him he was Novak’s source and, therefore, responsible for leaking the identity of Valerie Plame as a CIA employee.

According to court records Richard Armitage went to Marc Grossman, the Undersecretary of State, on the evening of October 16, 2003 and told Grossman that he, Armitage, was the leaker.  Armitage did this knowing that Grossman was scheduled to be questioned by the FBI the next day.

Undersecretary Marc Grossman is the author of the memo that started it all by identifying who Valerie Plame was to his superiors at the State Department – Armitage and Powell.

So, what do we know?

(1) We know that as of Oct. 16, 2003 the top three officials at the State Department and the FBI knew that Richard Armitage was the person who divulged Valerie Plame’s identity to the press.

(2) We know that, between Oct. 16 – Dec. 30, it was not Patrick Fitzgerald who was keeping the three top officials in the U.S. State Department from divulging that Armitage was the leaker.

And (3) we know, that, if in the time between Oct. 16 – Dec 30, any one of the State Departments top three officials (Powell, Armitage or Grossman) or the FBI would have gone public with what they knew, Patrick Fitzgerald would have never been appointed Special Counsel.

Consequently, New York Times reporter Judith Miller would not have spent nearly three months in jail, and Vice President Dick Cheney’s Chief of Staff, Scooter Libby, would not have been prosecuted.

As this unfolds, ponder this:

Did our current FBI director Robert Mueller keep the identity of the “leaker” Richard Armitage from his boss, Attorney General John Ashcroft?

And, if not, did John Ashcroft neglect to tell President George W. Bush?

To be continued….”

http://illinoispaytoplay.com/2013/01/01/the-truth-about-the-valerie-plame-case-10-years-later/

Rod Blagojevich’s office had just come under investigation when Fitzgerald was pulled into the Plame case. Who orchestrated this diversion?

I am looking forward to the next Illinois Pay to Play article.

Connecticut Illinois Norway gun laws don’t work, Evil sick people are problem, Religion moral compass void, Obama hypocrisy, 446 school age children shot in Chicago

Connecticut Illinois Norway gun laws don’t work, Evil sick people are problem, Religion moral compass void, Obama hypocrisy, 446 school age children shot in Chicago

“Then-state senator Obama had backed a bipartisan bill called the Safe Neighborhoods Act. It would have raised the crime of illegal transport of a firearm from a misdemeanor to a felony. But on the crucial day of the vote, Obama was out of town–and on vacation, in Hawaii. The bill failed by only three votes, and the media pounced–as did Obama’s rivals. It was the moment, Obama later said, when he knew he would lose the race.”…Breitbart.com June 21, 2012
“Jews (§5 of the First Regulations of the German Citizenship Law of 14 November 1935, Reichsgesetzblatt I, p. 1333) are prohibited from acquiring, possessing, and carrying firearms and ammunition, as well as truncheons or stabbing weapons.  Those now possessing weapons and ammunition are at once to turn them over to the local police authority.”…Nazi Weapons Act of 1938
“We control life, Winston, at all its levels. You are imagining that there is something called human nature which will be outraged by what we do and will turn against us. But we create human nature. Men are infinitely malleable.”…George Orwell, “1984″
Norway strictly regulates guns.

In 2011 69 people were killed and 110 injured at a summer camp.

There was no one armed there to protect them.

Connecticut gun laws are among the nation’s strictest.

From the Washington Post December 17, 2012.

“Democrats in Congress are moving quickly to introduce new gun legislation in the aftermath of the tragedy in Newtown, Conn.

But gun rights advocates — once they start speaking out more publicly — will note that the state in which the tragedy took place has among the most stringent gun control laws on the books.”

GunLawsMap

“Connecticut is one of just a few states with at least a partial ban on assault weapons.”

http://www.washingtonpost.com/blogs/the-fix/wp/2012/12/17/connecticut-gun-laws-among-the-nations-strictest/

And Chicago, Obama’s hometown and where he served in the IL Senate.

From from Fireandreamitchell.com December 18, 2012.

“446 school age children shot in Chicago so far this year with strongest gun laws in country – media silent”

“The cesspool known as Chicago probably has the toughest gun laws in the country, yet despite all the shootings, murders, and bloodshed, you never hear a peep about this from the corrupt state run media. In Chicago, there have been 446 school age children shot in leftist utopia run by Rahm Emanuel and that produced Obama, Jesse Jackson, Louis Farrakhan, etc. 62 school aged children have actually been killed by crazed nuts in Chicago so far this year with almost two weeks to go. So why isn’t this news worthy? Is it because it would embarrass those anti second amendment nuts who brag about Chicago’s tough gun laws? Is it because most of the kids who were shot and killed were minorities? Or is it because the corrupt media doesn’t want to show Chicago in a bad light? Amazingly, no Obama crocodile tears either.

For those of you too dense to get the point of this post, it’s to make the point about gun laws. No matter how tough the gun laws are, the crazed, nut jobs will find a way to get them and if they so chose, use them. No draconian law can stop this, no matter how well intentioned the law is, or if it’s just about leftists grabbing power from citizens and taking away their constitutional rights.

THE LIST OF MURDERED SCHOOL AGE CHILDREN 2012
18 YEARS OLD- 15

17 YEARS OLD- 16

16 YEARS OLD- 16

15 YEARS OLD- 6

14 YEARS OLD- 4

13 YEARS OLD- 2

12 YEARS OLD- 1

7 YEARS OLD- 1

6 YEARS OLD- 1

446 School Age Children Shot in Chicago so Far This Year
THE LIST OF SCHOOL AGE CHILDREN SHOT IN 2012

18 year old- 110

17 year old- 99

16 year old- 89

15 year old- 62

14 year old- 39

13 year old- 21

12 year old- 10

11 year old- 2

10 year old- 3

9 year old- 1

7 year old- 3

6 year old- 2

5 year old- 1

4 year old- 1

3 year old- 1

1 year old- 2

Blagojevich appeal delayed until after 2012 election, Blagojevich arrested after 2008 election, Transcripts completed, Appeal in federal court system, Obama Justice Department

Blagojevich appeal delayed until after 2012 election, Blagojevich arrested after 2008 election, Transcripts completed, Appeal in federal court system, Obama Justice Department

“Why did Patrick Fitzgerald and the US Justice Department wait until December 2008 to arrest Rod Blagojevich?”…Citizen Wells

“this guy is more Tony’d up than I am. …. they got the Chicago media to f…ing make me wear Rezko more. To f…ing dilute it from him.”…Rod Blagojevich wiretap November 12, 2008

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

The Blagojevich arrest was delayed until after the 2008 election.

The Blagojevich appeal has been delayed until after the 2012 election by the Obama Justice Department.

From Chicago CBS Local November 10, 2012.

“Former Gov. Rod Blagojevich has headed from the kitchen to the library at the federal prison in suburban Denver, as he continues his 14-year sentence for corruption charges.

WBBM Newsradio’s John Cody reports Blagojevich’s former defense attorney Sam Adam Jr. said the ex-governor began his prison sentence in March like any other inmate; washing dishes, pots, and pans.

But Adam said Blagojevich found that job painfully boring, and he’s looking for a change.

“He’s either in the library, or just about to get in the library,” Adam said.

Even before the library gig, Blagojevich was busy reading to relieve the boredom, thanks to books sent to him by Adam’s father and fellow defense attorney, Sam Adam Sr.

“He and my father now are studying Ulysses S. Grant. He sends presidential books every month, and now they’re up to Grant,” Adam Jr. said.

He said the experience has been good for Blagojevich and his father.

“I told you, Blago is the son my father never had. He’s the intellectual,” Adam said.

He said he remains confident Blagojevich will win his appeal, which is making its way through the federal court system. Adam said Blagojevich’s morale is holding up, because he’s also confident about the appeal.

“My understanding is all the transcripts have been at least done, and they’re starting the process of writing that appeal,” Adam said.

He asserted Blagojevich’s 14-year sentence won’t be the final word in the case.

“I’ll predict it,” Adam said. “The very question of did you get a right to present your defense has been very good for the defendant – not very good on other things – very good for the defendant. Did you get a right to present your defense? And he clearly did not, and I think that’s a very good issue.”

Adam left the Blagojevich defense team after the first trial ended in a hung jury on all but one count, and is not directly involved in the appeal.”

Listen to WBBM Newsradio’s John Cody Report:

http://chicago.cbslocal.com/2012/11/10/blagojevich-to-start-working-in-prison-library/

The delay in the prosecution and appeal of Rod Blagojevich.

A perfect Chicago Crime?

From Citizen Wells October 26, 2012.

“The transcripts needed for the Rod Blagojevich appeal, overdue by almost a year, are still not ready and the appeals court judge is faulting Blagojevich attorney Lauren Kaeseberg, despite the fact that the appeals court has responsibility in this matter.

From Fox News Philly October 23, 2012.

“Blago attorney questioned about continued delay in appeal process”

“FOX Chicago News has learned that Rod Blagojevich’s appeal is still having trouble getting off the ground, because of delays in producing transcripts from his two trials.

For the second time in the last four months, Lauren Kaeseberg, one of the attorney’s handling Rod Blagojevich’s appeal, has been threatened with disciplinary action because she still hasn’t provided a complete copy of the Blagojevichtrial transcripts to the appellate court.

The appellate court won’t set a briefing schedule to get the appeal moving until the transcripts are available.

As FOX Chicago reported exclusively in August, the court reporter responsible for producing the 16,000 pages of transcripts took a leave of absence for five and a half months after Blagojevich was convicted. So, the appellate court agreed to wait until September 28th for the transcripts.

But, now in October, they’re still not completed. On Monday, the court issued an order, warning Kaeseberg again that she could face monetary or disciplinary sanctions. She responded Tuesday with an explanation, saying transcripts are still missing because they were under seal, or were handled by a different court reporter and she hopes to have them soon.

Kaeseberg told the appellate court that Blagojevich is aware of the delay. Attorneys who talk with him say he never fails to ask about the progress of his appeal.”

http://www.myfoxphilly.com/story/19896931/blagojevichs-attorney-responsible-for-continued-delay-in-appeal-process

Delays in the appeal clearly help Obama.

From Citizen Wells August 7, 2012.

“DATE: 11/12/2008
TIME: 12:36 P.M.
ACTIVITY: Rod Blagojevich home line incoming call.
SESSION: 558
SPEAKERS:
BLAGOJEVICH: Rod Blagojevich
HARRIS: John Harris

BLAGOJEVICH I mean think about that. I mean they, they want me here in Illinois. That’s a faraway Illinois problem from my old life.

HARRIS Mm-hmm.

BLAGOJEVICH The governor’s got that problem with Rezko, boom. But if I’m in the Senate it’s not just mine anymore, it’s his too. Isn’t it? If the Rezko thing got worse?

HARRIS Mm-hmm, Mm-hmm. Well we’ve always thought that.

BLAGOJEVICH And, and from a legal stand point on the substance of, you know, did, did you do something wrong or didn’t do something wrong it doesn’t change that. But in terms of the, the people who are trying to chase all that down and does it change any dynamic if you’re there verses being left back here.

(gap)

BLAGOJEVICH But don’t forget uh, Obama’s gonna have uh, you know, do something about that. And is Obama more or less likely to wanna contain that if I’m out there with him. I mean I’ve got this theory that even Knapp says could be possible and Balanoff. You know, Axelrod and Obama’s people, you know, clearly turned, you know, got the Chicago media to make Rezko all about me. And hardly about…

HARRIS Yeah, in other words, they focus their,they focus their attention on you. They couldn’t make it go away so the bes-, next best strategy is deflect it.

BLAGOJEVICH Right.

HARRIS This is somewhere where it, it’ll satisfy the, the hunger of the beast, being the media.

BLAGOJEVICH Right, right.

HARRIS Yeah, it makes sense. It’s not a stretch. If I’m, if I’m his message advisor, media advisor or whatever, operative, yeah I’m gonna try to feed the beast by giving ‘em something else to eat on.

BLAGOJEVICH So, if I wanna be safe from Rezko, am I a little bit safer over there with him.”

https://citizenwells.wordpress.com/2012/08/07/blagojevich-appeal-delayed-waiting-on-transcripts-court-clerk-5-12-month-leave-of-absence-delays-help-obama-transcripts-of-blagojevich-wiretaps-hurt-obama/

The court reporter, trial judge James Zagel and the appeals court all have a responsibility to produce transcripts needed for an appeal in a timely manner.

From Citizen Wells August 25, 2012.

“Vol 6: Court Reporting

“§ 130.20.20 District Court
Each district court must develop a Court Reporting Management Plan.”

“(g) Providing for avoidance of backlogs of transcripts and assuring prompt
delivery of high quality transcripts, particularly for cases on appeal to the
court of appeals; “
“§ 440.60 Judge Appointed (Involuntary) Use of Substitute Reporter

§ 440.60.10 Introduction

A district judge or the chief judge of a circuit may appoint a substitute reporter in the event a court reporter is unable to complete transcripts in a timely fashion.”

“(1) Appeals to a Circuit from a District Court
Transcripts for appealed cases should be delivered within 30 days from the date ordered or from the date satisfactory arrangements for payment have been made.”

“§ 540 Transcripts for Cases on Appeal

§ 540.10 Introduction

Cases appealed to the United States courts of appeals require the timely transmission of the record from the lower court. A transcript of the proceedings normally is a required part of the record to be transmitted to the court of appeals.”

“§ 540.20.20 Rule 11, Federal Rules of Appellate Procedure (Forwarding the Record)
The statute states:”
“(B)
If the transcript cannot be completed within 30 days of the reporters receipt of the order, the reporter may request the circuit clerk to grant additional time to complete it. The clerk must note on the docket the action taken and notify the parties.”
“(D)
If the reporter fails to file the transcript on time, the circuit clerk must notify the district judge and do whatever else the court of appeals directs.”

Who engineered these delays and who is responsible?

What were Obama and Blagojevich discussing in 2008?

“Just because it’s a conspiracy theory doesn’t mean it is not true.”

https://citizenwells.wordpress.com/2012/08/25/blagojevich-appeal-delay-perfect-chicago-crime-prosecution-and-appeal-delay-protect-obama-help-blagojevich-judge-zagel-usdoj-violate-federal-court-rules/

It is obvious to any rational person paying attention that this delay was orchestrated by the Obama controlled US Justice Department to keep Obama corruption ties out of the election cycle news.”

https://citizenwells.wordpress.com/2012/10/26/corrupt-obama-justice-department-delays-blagojevich-appeal-transcripts-still-not-ready-delay-in-appeal-protects-obama-obama-still-has-a-rezko-problem/

William Cellini motion, December 4, 2012, Cellini appeal, Obama corruption crony, Judge James B. Zagel, Teachers Retirement System kickbacks

William Cellini motion, December 4, 2012, Cellini appeal, Obama corruption crony, Judge James B. Zagel, Teachers Retirement System kickbacks

“In 2002, the year after Obama made the pitch, the Illinois Teacher Retirement System reported an 18% increase in assets managed by minority-owned firms. Ariel’s share grew to $442 million by 2005.

In 2006, after the federal investigation became public, the teacher pension board severed its relationship with Ariel, concluding that Ariel’s investment returns were insufficient.”…LA Times April 7, 2008

“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

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

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,  and was sentenced to one year and one day in prison, has a motion hearing today, December 4, 2012 in the courtroom of Judge James Zagel.

Daily Calendar

Tuesday, December 4, 2012 (As of 12/04/12 at 05:47:05 AM)

Honorable James B. Zagel                    Courtroom 2503 (JBZ)

1:08-cr-00888   USA v. Cellini                         10:15   Notice of Motion

http://www.ilnd.uscourts.gov/home/DailyCal/0.htm

From the Chicago Tribune October 19, 2012.

“William Cellini, the once-powerful Springfield fundraiser and lobbyist, asked a federal judge Thursday to allow him to remain free on bond pending his appeal on a public corruption conviction, claiming that a juror who withheld her felony background from the court raises “unprecedented” legal questions.

Cellini was among the last of more than a dozen political insiders to be convicted in the federal Operation Board Games probe that also snared former Gov. Rod Blagojevich.

He is scheduled to report to federal prison in January to serve one year and one day for his role in a plot to extort campaign contributions for Blagojevich from a Hollywood producer seeking to retain his lucrative state business.

In a filing to U.S. District Judge James Zagel, Cellini’s lawyers argued that he has a strong case for appeal, highlighting the legal issues raised after the Tribune revealed following the verdict that juror Candy Chiles had withheld disclosure of felony convictions during jury selection.

The questions raised are so “substantial” that Zagel should release Cellini during the appeal, in part because he could complete his prison sentence before a higher court could act on the legal issues, the motion says.

Three weeks after Cellini was convicted, the Tribune reported that Chiles did not disclose a 2000 felony drug conviction and a 2008 felony DUI conviction on a jury form and when Zagel questioned her in the courtroom.

Cellini’s lawyers sought a new trial, arguing that Chiles lied and that if they had known of her felony background they could have tried to remove her from the jury. They also argued that her felony background should have barred her from jury service.

After a contentious hearing in which a defiant Chiles testified, Zagel denied a new trial, saying she had not deliberately lied and that her failure to disclose her criminal background did not taint Cellini’s 2011 trial. Zagel also dismissed the defense argument that she was not eligible to serve as a convicted felon.

But in his filing Thursday, Cellini argued that the legal questions could earn a reversal from the 7th Circuit U.S. Court of Appeals.

“The Court’s decision turned on numerous difficult, hotly contested legal and factual questions that were very close and could be decided the other way — and there is no doubt that if Cellini prevails on that issue on appeal, he will be entitled to a new trial,” Cellini’s lawyers wrote.

Federal prosecutors had no comment Thursday on the request.”

http://articles.chicagotribune.com/2012-10-19/news/ct-met-cellini-release-appeal-20121019_1_william-cellini-candy-chiles-convictions-during-jury-selection

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.”

https://citizenwells.wordpress.com/2012/01/05/january-6-2012-obama-corruption-ties-william-cellini-hearing-judge-james-zagel-media-and-justice-department-protect-obama/

Rezko for Radicals press release Prweb November 5, 2012, Kenneth J. Conner whistleblower book about Obama Rezko lot purchase, Mutual Bank loan to Rezkos

Rezko for Radicals press release Prweb November 5, 2012, Kenneth J. Conner whistleblower book about Obama Rezko lot purchase, Mutual Bank loan to Rezkos

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

“Why did the Rezkos enter into an agreement to purchase the lot next to the Obama house and pay the asking price of $ 625,000 at a time when they were broke and heavily in debt?”…Citizen Wells

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

I just spoke to Kenneth J. Conner the whistleblower in the Obama Rezko lot purchase and the loan from Mutual Bank of Harvey to Rita Rezko. The press release for his new book “Rezko for Radicals” is live.

From PRweb November 5, 2012.

“Rezko for Radicals Book Highlights Obama Calling the Purchase of his Mansion a ‘Fire Sale’

Rezko for Radicals includes a Tony Rezko prison letter in which Rezko informs his trial judge that feds wanted him to cooperate against Barack Obama

Rezko for Radicals is available on Amazon

Quote startAgents and I talked about payoff, bribe, kickback for a long timeQuote end

Chicago, IL (PRWEB) November 05, 2012

In his new book Rezko for Radicals, author Kenneth J. Conner, formerly a real estate analyst at Tony Rezko’s bank in Chicago, presents a carefully researched and insider accounting of Rezko’s real estate transactions involving Barack Obama. Conner details a meeting with the FBI in October 2007 in which he advised agents that the Rezko lot next door to the Obama Mansion was worth a maximum of $500,000. Rezko paid $625,000. Later it became known that another appraisal valued the Rezko lot at $490,860. (Cook County court case # 2008L011470) abcnews.go.com/images/Politics/doc1%20-%20Copy.pdf

As reported by the Washington Times (p3, November 4, 2008) and online at”

http://www.prweb.com/releases/2012/11/prweb10086337.htm

Obama rips off African Americans from Rezko slum housing to high unemployment higher gas prices higher food prices, Rezko contributed to Obama not slum housing heating bill

Obama rips off African Americans from Rezko slum housing to high unemployment higher gas prices higher food prices, Rezko contributed to Obama not slum housing heating bill

“Rezko and Mahru couldn’t find money to get the heat back on.
But their company, Rezmar Corp., did come up with $1,000 to give to the political campaign fund of Barack Obama, the newly elected state senator whose district included the unheated building.”…Chicago SunTimes April 23, 2007

“Obama also defended signing a 1998 letter urging the state to fund a low-income housing project developed by Rezko and Obama’s former boss, Allison Davis — both of whom were clients of Obama’s law firm as well as campaign contributors. Obama said he didn’t remember writing the “form letter” until the Sun-Times asked about it last June.”…Chicago SunTimes March 16, 2008 

“However, when the CHD funds Alinsky-style, church-based community organizations as in the best interest of the poor and supports organizations which advance other agendas, it divests the poor of their right to an authentic voice. This process tends to treat the poor as exploited units of human capital, rather than as human beings created in the dignity of God’s image.”…1997 report to the Catholic Bishops

There is nothing new in the following report, but in assisting whistleblower Kenneth J. Conner with some research, I revisited some old articles and information and it is presented to perhaps some individuals who are now more skeptical of Obama.

When the Democrats took control of both houses of Congress in January 2007, the unemployment rate for African Americans was 7.9 percent.

When Barack Obama took office in January 2009, the unemployment rate for African Americans was 12.7 percent.

The current unemployment rate for African Americans is 14.3 percent.

http://www.bls.gov/webapps/legacy/cpsatab2.htm

Gasoline prices have doubled since Obama took office and consequently other consumer products such as food have risen as well.

But Obama didn’t begin ripping off African Americans when he took office.

From the Chicago SunTimes April 23, 2007.

“Obama and his Rezko ties”

“For more than five weeks during the brutal winter of 1997, tenants shivered without heat in a government-subsidized apartment building on Chicago’s South Side.

It was just four years after the landlords — Antoin “Tony” Rezko and his partner Daniel Mahru — had rehabbed the 31-unit building in Englewood with a loan from Chicago taxpayers.

Rezko and Mahru couldn’t find money to get the heat back on.

But their company, Rezmar Corp., did come up with $1,000 to give to the political campaign fund of Barack Obama, the newly elected state senator whose district included the unheated building.

Obama has been friends with Rezko for 17 years. Rezko has been a political patron to Obama and many others, helping to raise millions of dollars for them through his own contributions and by hosting fund-raisers in his home.

Obama, who has worked as a lawyer and a legislator to improve living conditions for the poor, took campaign donations from Rezko even as Rezko’s low-income housing empire was collapsing, leaving many African-American families in buildings riddled with problems — including squalid living conditions, vacant apartments, lack of heat, squatters and drug dealers.

The building in Englewood was one of 30 Rezmar rehabbed in a series of troubled deals largely financed by taxpayers. Every project ran into financial difficulty. More than half went into foreclosure, a Chicago Sun-Times investigation has found.

“Their buildings were falling apart,” said a former city official. “They just didn’t pay attention to the condition of these buildings.”

Eleven of Rezko’s buildings were in Obama’s state Senate district.

Obama, now a U.S. senator running for president, has come under fire over his friendship with Rezko, who was charged last fall with demanding kickbacks on state business deals under Gov. Blagojevich.

Much of the criticism has centered on two real estate deals involving Obama’s South Side mansion. In the first, Obama paid $300,000 less than the asking price for a doctor’s home, while Rezko’s wife paid the doctor full price for the vacant lot next door. Then — a few months before Rezko was indicted — Obama bought part of that lot from Rezko’s wife.

But Obama’s ties with Rezko go beyond those two real estate sales and the political support, the Sun-Times found. Obama was an attorney with a small Chicago law firm — Davis Miner Barnhill & Galland — that helped Rezmar get more than $43 million in government funding to rehab 15 of their 30 apartment buildings for the poor.

Obama role unclear

Just what legal work — and how much — Obama did on those deals is unknown. His campaign staff acknowledges he worked on some of them. But the Rezmar-related work amounted to just five hours over the six years it said Obama was affiliated with the law firm, the staff said in an e-mail in February.

Obama, however, was associated with the firm for more than nine years, his staff acknowledged Sunday in an e-mail response to questions submitted March 14 by the Sun-Times. They didn’t say what deals he worked on — or how much work he did.

“The senator, relatively inexperienced in this kind of work, was assigned to tasks appropriate for a junior lawyer,” according to an e-mail from Obama spokesman Robert Gibbs. “These tasks would have included reviewing documents, collecting corporate organizational documents, and drafting corporate resolutions.”

In fact, Gibbs wrote, “Senator Obama does not remember having conversations with Tony Rezko about properties that he owned or any specific issues related to those properties.”

Rezko and Mahru had no construction experience when they created Rezmar in 1989 to rehabilitate apartments for the poor under the Daley administration. Between 1989 and 1998, Rezmar made deals to rehab 30 buildings, a total of 1,025 apartments. The last 15 buildings involved Davis Miner Barnhill & Galland during Obama’s time with the firm.

Rezko and Mahru also managed the buildings, which were supposed to provide homes for poor people for 30 years. Every one of the projects ran into trouble:

•                    Seventeen buildings — many beset with code violations, including a lack of heat — ended up in foreclosure.

•                    Six buildings are currently boarded up.

•                    Hundreds of the apartments are vacant, in need of major repairs.

•                    Taxpayers have been stuck with millions in unpaid loans.

•                    At least a dozen times, the city of Chicago sued Rezmar for failure to heat buildings.

For five weeks, the Sun-Times sought to interview Obama about Rezko and the housing deals. His staff wanted written questions. It responded Sunday but left many questions unanswered. Other answers didn’t directly address the question.

Among these: When did Obama learn of Rezmar’s financial problems? “The senator had no special knowledge of any financial problems,” Gibbs wrote.

Did the senator ever complain to anyone — government officials, Rezmar or Rezko — about the conditions of Rezmar’s buildings? “Senator Obama did follow up on constituency complaints about housing as [a] matter of routine,” Gibbs wrote.

Did the senator ever discuss Rezmar’s financial problems with anyone at his law firm? “The firm advises us that it [is] unaware of any such conversations,” Gibbs wrote.

Turns down Rezmar job

Obama’s friendship with Rezko began with a telephone call.

It was 17 years ago. Obama had just become the first black president of the Harvard Law Review. Newspapers wrote about him. One story caught the eye of David Brint, a vice president of Rezmar, a new company that had become the Daley administration’s favored developer of low-income housing.

“I just cold-called him,” Brint said in an interview.

Brint said he wanted to know if Obama would come work for Rezmar, developing housing for the poor — something Obama had expressed interest in, according to the story Brint had read. Brint arranged for Obama to meet Rezko, but Obama didn’t take the job.

Obama, who has a law degree from Harvard, subsequently returned to Chicago to lead a voter-registration drive in 1992.

The next year, Obama joined Davis Miner Barnhill & Galland, a 12-lawyer firm that specialized in helping develop low-income housing. The firm’s top partner, Allison S. Davis, was, and is, a member of the Chicago Plan Commission, appointed by Mayor Daley. Davis was also a friend of Rezko. Davis and Rezko would eventually go into business together, developing homes.

Another firm partner, Judson Miner, ran the city Law Department under Mayor Harold Washington, one of Obama’s political idols.

Asked what Rezko cases Obama worked on, Miner told the Sun-Times, “We’ll put together a list of the cases he worked on involving Rezko/Rezmar in the next day or two.”

That was March 13. He never provided the information.

While at the law firm, Obama spent much of his time working on issues that would help improve conditions in poor neighborhoods, according to his first book, Dreams from My Father, published in 1996.

“In my legal practice, I work mostly with churches and community groups, men and women who quietly build grocery stores and health clinics in the inner city, and housing for the poor,” Obama wrote in the book.

Three community groups represented by Davis Miner Barnhill & Galland were partners with Rezmar in the troubled housing deals.

Rezko offers Obama support

Obama had been at the firm for two years when he began his political career, running to replace state Sen. Alice Palmer.

Rezko became Obama’s political patron. Obama got his first campaign contributions on July 31, 1995: $300 from a Loop lawyer, a $5,000 loan from a car dealer, and $2,000 from two food companies owned by Rezko.

Around that time, Rezmar began developing low-income apartments in partnerships with the Chicago Urban League and two other not-for-profit community groups, both founded and run by Bishop Arthur Brazier, pastor of the Apostolic Church of God and a powerful ally of the mayor — the Woodlawn Preservation and Investment Corp., known as WPIC, and the Fund for Community Redevelopment and Revitalization.

All three community groups were clients of the Davis law firm. Davis himself was treasurer of WPIC when it went into business with Rezmar.

Why go into business with Rezmar? “We thought they were successful,” Davis said, noting that little development was taking place in Woodlawn.

At the time, Rezmar had been in business for six years and had become one of City Hall’s favored developers of low-income housing, managing 600 apartments in 15 buildings it rehabbed with government funding. Teaming now with community development groups, Rezmar rehabbed another 15 buildings, with 400 apartments, between 1995 and 1998. Each deal involved a mix of public and private financing — loans from the city or state, federal low-income-housing tax credits and bank loans.

By the time Rezmar started working with those community groups, at least two of its earlier buildings were falling into disrepair — including the Englewood apartment building at 7000 S. Sangamon where the tenants were without heat for five weeks.

The tenants there had no heat from Dec. 27, 1996, until at least Feb. 3, 1997, when the city of Chicago sued to turn the heat on. The case was settled later that month with a $100 fine.

It was during that time that the area’s new state senator, Barack Obama, got a $1,000 campaign donation from Rezmar. The date: Jan. 14, 1997.

Obama works on Rezmar deals

Obama spent the next eight years serving in the Illinois Senate and continued to work for the Davis law firm.

Through its partnerships, Rezmar remained a client of the firm, according to ethics statements Obama filed while a state senator.

Davis said he didn’t remember Obama working on the Rezmar projects.

“I don’t recall Barack having any involvement in real estate transactions,” Davis said. “Barack was a litigator. His area of focus was litigation, class-action suits.”

But Obama did legal work on real estate deals while at Davis’ firm, according to biographical information he submitted to the Sun-Times in 1998. Obama specialized “in civil rights litigation, real estate financing, acquisition, construction and/or redevelopment of low-and moderate income housing,” according to his “biographical sketch.”

And he did legal work on Rezko’s deals, according to an e-mail his presidential campaign staff sent the Sun-Times on Feb. 16, in response to earlier inquiries. The staff didn’t specify which Rezmar projects Obama worked on, or his role. But it drew a distinction between working for Rezko and working on projects involving his company.

“Senator Obama did not directly represent Mr. Rezko or his firms. He did represent on a very limited basis ventures in which Mr. Rezko’s entities participated along with others,” according to the e-mail from Obama’s staff.

Obama buys Rezko land

Over the years, Rezko, Mahru, their wives and businesses have given more than $50,000 to Obama’s campaign funds, records show. And Rezko has helped raise millions more.

Rezko was among the people Obama appointed to serve on his U.S. Senate campaign finance committee, the Sun-Times reported in 2003. The committee raised more than $14 million, according to Federal Election Commission records, helping send Obama to Washington in 2004.

As a U.S. senator, Obama grew closer to Rezko.

Two years ago, Obama bought a mansion on the South Side, in the Kenwood neighborhood, from a doctor. On the same day, Rezko’s wife, Rita Rezko, bought the vacant lot next door from the same seller. The doctor had listed the properties for sale together. He sold the house to Obama for $300,000 below the asking price. The doctor got his asking price on the lot from Rezko’s wife.

Last year, Rita Rezko sold a strip of that vacant lot to Obama for $104,500 — a deal Obama later apologized for, acknowledging that people might think he got a favor from Rezko. Obama called the episode “boneheaded” and a “mistake.”

At the time Obama bought that strip of land, it had been reported that Rezko was under federal investigation for influence-peddling involving the administration of Blagojevich, whose campaign also received Rezko’s financial support.

Rezko has since been indicted for allegedly demanding kickbacks from companies seeking state business under Blagojevich. Rezko’s trial has been postponed while investigators sort through his finances.

‘Disenchanted with Rezmar’

Rezmar’s final low-income housing deals involving the Davis law firm went bad quickly.

Those deals were supposed to provide affordable housing for at least 25 years. But the first deal Rezmar struck with the Woodlawn Preservation and Investment Corp. collapsed in just six and a half years, when the state sued for foreclosure. WPIC and its sister agency, the Fund for Community Redevelopment and Revitalization, ultimately forced Rezmar to give up control of all 12 buildings they rehabbed together, citing financial troubles and deteriorating conditions of the buildings.

The state foreclosure suit came because Rezmar had stopped making monthly mortgage payments in March 2001 on a state loan to help turn an old nursing home into low-income apartments at 6140 S. Drexel, in Obama’s state Senate district.

“WPIC became disenchanted with Rezmar and wanted to get rid of them,” Brazier said. “They thought the buildings weren’t being kept up properly. There were some financial problems.”

Rezmar and WPIC cut all ties last October, when the Chicago City Council agreed to let Rezmar out of a city loan. Rezmar transferred its interest to The Wolcott Group, a management company run by business partners of David Brint — the man who had introduced Rezko to Obama.”

http://web.archive.org/web/20070425020526/http://www.suntimes.com/news/metro/353829,CST-NWS-rez23.article

Corrupt Obama Justice Department delays Blagojevich appeal, Transcripts still not ready, Delay in appeal protects Obama, Obama still has a Rezko problem

Corrupt Obama Justice Department delays Blagojevich appeal, Transcripts still not ready, Delay in appeal protects Obama, Obama still has a Rezko problem

“this guy is more Tony’d up than I am. …. they got the Chicago media to f…ing make me wear Rezko more. To f…ing dilute it from him.…Rod Blagojevich wiretap November 12, 2008
“BLAGOJEVICH: You know, Axelrod and Obama’s people, you know, clearly turned, you know, got the Chicago media to make Rezko all about me. And hardly about…

HARRIS: Yeah, in other words, they focus their,they focus their attention on you. They couldn’t make it go away so the bes-, next best strategy is deflect it.

BLAGOJEVICH: Right.

HARRIS: This is somewhere where it, it’ll satisfy the, the hunger of the beast, being the media.

BLAGOJEVICH: Right, right.

HARRIS: Yeah, it makes sense. It’s not a stretch. If I’m, if I’m his message advisor, media advisor or whatever, operative, yeah I’m gonna try to feed the beast by giving ‘em something else to eat on.”…Rod Blagojevich wiretap November 12, 2008

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich wiretap November 7, 2008

The transcripts needed for the Rod Blagojevich appeal, overdue by almost a year, are still not ready and the appeals court judge is faulting Blagojevich attorney Lauren Kaeseberg, despite the fact that the appeals court has responsibility in this matter.

From Fox News Philly October 23, 2012.

“Blago attorney questioned about continued delay in appeal process”

“FOX Chicago News has learned that Rod Blagojevich’s appeal is still having trouble getting off the ground, because of delays in producing transcripts from his two trials.

For the second time in the last four months, Lauren Kaeseberg, one of the attorney’s handling Rod Blagojevich’s appeal, has been threatened with disciplinary action because she still hasn’t provided a complete copy of the Blagojevichtrial transcripts to the appellate court.

The appellate court won’t set a briefing schedule to get the appeal moving until the transcripts are available.

As FOX Chicago reported exclusively in August, the court reporter responsible for producing the 16,000 pages of transcripts took a leave of absence for five and a half months after Blagojevich was convicted. So, the appellate court agreed to wait until September 28th for the transcripts.

But, now in October, they’re still not completed. On Monday, the court issued an order, warning Kaeseberg again that she could face monetary or disciplinary sanctions. She responded Tuesday with an explanation, saying transcripts are still missing because they were under seal, or were handled by a different court reporter and she hopes to have them soon.

Kaeseberg told the appellate court that Blagojevich is aware of the delay. Attorneys who talk with him say he never fails to ask about the progress of his appeal.”

http://www.myfoxphilly.com/story/19896931/blagojevichs-attorney-responsible-for-continued-delay-in-appeal-process

Delays in the appeal clearly help Obama.

From Citizen Wells August 7, 2012.

“DATE: 11/12/2008
TIME: 12:36 P.M.
ACTIVITY: Rod Blagojevich home line incoming call.
SESSION: 558
SPEAKERS:
BLAGOJEVICH: Rod Blagojevich
HARRIS: John Harris

BLAGOJEVICH I mean think about that. I mean they, they want me here in Illinois. That’s a faraway Illinois problem from my old life.

HARRIS Mm-hmm.

BLAGOJEVICH The governor’s got that problem with Rezko, boom. But if I’m in the Senate it’s not just mine anymore, it’s his too. Isn’t it? If the Rezko thing got worse?

HARRIS Mm-hmm, Mm-hmm. Well we’ve always thought that.

BLAGOJEVICH And, and from a legal stand point on the substance of, you know, did, did you do something wrong or didn’t do something wrong it doesn’t change that. But in terms of the, the people who are trying to chase all that down and does it change any dynamic if you’re there verses being left back here.

(gap)

BLAGOJEVICH But don’t forget uh, Obama’s gonna have uh, you know, do something about that. And is Obama more or less likely to wanna contain that if I’m out there with him. I mean I’ve got this theory that even Knapp says could be possible and Balanoff. You know, Axelrod and Obama’s people, you know, clearly turned, you know, got the Chicago media to make Rezko all about me. And hardly about…

HARRIS Yeah, in other words, they focus their,they focus their attention on you. They couldn’t make it go away so the bes-, next best strategy is deflect it.

BLAGOJEVICH Right.

HARRIS This is somewhere where it, it’ll satisfy the, the hunger of the beast, being the media.

BLAGOJEVICH Right, right.

HARRIS Yeah, it makes sense. It’s not a stretch. If I’m, if I’m his message advisor, media advisor or whatever, operative, yeah I’m gonna try to feed the beast by giving ‘em something else to eat on.

BLAGOJEVICH So, if I wanna be safe from Rezko, am I a little bit safer over there with him.”

https://citizenwells.wordpress.com/2012/08/07/blagojevich-appeal-delayed-waiting-on-transcripts-court-clerk-5-12-month-leave-of-absence-delays-help-obama-transcripts-of-blagojevich-wiretaps-hurt-obama/

The court reporter, trial judge James Zagel and the appeals court all have a responsibility to produce transcripts needed for an appeal in a timely manner.

From Citizen Wells August 25, 2012.

“Vol 6: Court Reporting

“§ 130.20.20 District Court
Each district court must develop a Court Reporting Management Plan.”

“(g) Providing for avoidance of backlogs of transcripts and assuring prompt
delivery of high quality transcripts, particularly for cases on appeal to the
court of appeals; “
“§ 440.60 Judge Appointed (Involuntary) Use of Substitute Reporter

§ 440.60.10 Introduction

A district judge or the chief judge of a circuit may appoint a substitute reporter in the event a court reporter is unable to complete transcripts in a timely fashion.”

“(1) Appeals to a Circuit from a District Court
Transcripts for appealed cases should be delivered within 30 days from the date ordered or from the date satisfactory arrangements for payment have been made.”

“§ 540 Transcripts for Cases on Appeal

§ 540.10 Introduction

Cases appealed to the United States courts of appeals require the timely transmission of the record from the lower court. A transcript of the proceedings normally is a required part of the record to be transmitted to the court of appeals.”

“§ 540.20.20 Rule 11, Federal Rules of Appellate Procedure (Forwarding the Record)
The statute states:”
“(B)
If the transcript cannot be completed within 30 days of the reporters receipt of the order, the reporter may request the circuit clerk to grant additional time to complete it. The clerk must note on the docket the action taken and notify the parties.”
“(D)
If the reporter fails to file the transcript on time, the circuit clerk must notify the district judge and do whatever else the court of appeals directs.”

Who engineered these delays and who is responsible?

What were Obama and Blagojevich discussing in 2008?

“Just because it’s a conspiracy theory doesn’t mean it is not true.”

https://citizenwells.wordpress.com/2012/08/25/blagojevich-appeal-delay-perfect-chicago-crime-prosecution-and-appeal-delay-protect-obama-help-blagojevich-judge-zagel-usdoj-violate-federal-court-rules/

It is obvious to any rational person paying attention that this delay was orchestrated by the Obama controlled US Justice Department to keep Obama corruption ties out of the election cycle news.

Steven Loren sentencing September 19, 2012, Teachers Retirement System corruption with Cellini Rezko Levine Obama

Steven Loren sentencing September 19, 2012, Teachers Retirement System corruption with Cellini Rezko Levine Obama

“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

“Why did Patrick Fitzgerald and the US Justice Department wait until December 2008 to arrest Rod Blagojevich?”…Citizen Wells

“Why was Tony Rezko’s sentencing delayed?”…Citizen Wells

Steven Loren is scheduled for sentencing today, September 19, 2012,  in the courtroom of  Judge  Amy J. St. Eve.

Daily Calendar

Wednesday, September 19, 2012 (As of 09/19/12 at 06:46:51 AM

Honorable Amy J. St. Eve                    Courtroom 1241 (ASE)

1:05-cr-00691   USA v. Loren                           09:30   Sentencing

http://www.ilnd.uscourts.gov/home/DailyCal/0.htm

Steven Loren.

From Citizen Wells October 19, 2011.

“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:

“WILLIAM F. CELLINI, SR., INDICTED FOR ALLEGED ROLE IN DEFRAUDING TEACHERS RETIREMENT SYSTEM WITH REZKO, LEVINE AND OTHERS”

“A longtime political insider in Springfield was indicted today on federal corruption charges for allegedly conspiring with two Chicago businessmen and others to obtain political contributions for a certain public official by shaking down an investment firm that was seeking a $220 million allocation from the state Teachers Retirement System (TRS.) The defendant, William F. Cellini, Sr., was charged in a four-count indictment returned by a federal grand jury, announced Patrick J. Fitzgerald, United States Attorney for the Northern District of Illinois.”

“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.

Cellini is the 13th defendant charged as part of Operation Board Games, an ongoing federal public corruption investigation of insider-dealing, influence-peddling and kickbacks involving private interests and public duties related to various state boards and non-profit organizations.”

https://citizenwells.wordpress.com/2011/10/19/william-cellini-trial-capri-capital-obama-connection-obama-arrest-prevented-by-corrupt-us-justice-department-where-is-the-house-judiciary-committee/

Obama Rezko Auchi Iraq lot purchase, Obama position on Iraq coincides with Tony Rezko business, Nadhmi Auchi loan to Rezko allowed lot purchase in June 2005

Obama Rezko Auchi Iraq lot purchase, Obama position on Iraq coincides with Tony Rezko business, Nadhmi Auchi loan to Rezko allowed lot purchase in June 2005

“GE obtained a court judgment against Rezko in November 2004 for the $3.5 million it said was outstanding on its loans, but the company put collection efforts on hold during the first half of 2005 as it negotiated with Rezko, court records show.”…San Francisco Chronicle March 3, 2008

“Why did the Rezkos enter into an agreement to purchase the lot next to the Obama house and pay the asking price of $ 625,000 at a time when they were broke and heavily in debt?”…Citizen Wells

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

Before I continue reporting on the Obama Rezko lot purchase in June 2005, the new book “Rezko for Radicals” by Mutual Bank of Harvey whistle blower Kenneth J. Conner and Conner’s Qui Tam lawsuit, I present the following article from 2008.

From PJ Media June  18, 2008.

“Barack Obama’s position on Iraq has shifted significantly over the last six years. What is interesting is how his position on Iraq matches up with developments in Chicago. Specifically, there appears to be a direct correlation between the rising and falling prospects of his longtime friend and fundraiser Tony Rezko’s attempts to secure multi-million-dollar contracts to build and operate a power plant in Kurdish Iraq and the senator’s Iraq flip-flops.

On October 2, 2002, Obama gave a speech categorically opposing an invasion of Iraq. He said:

I know that even a successful war against Iraq will require a U.S. occupation of undetermined length, at undetermined cost, with undetermined consequences. I know that an invasion of Iraq without a clear rationale and without strong international support will only fan the flames of the Middle East, and encourage the worst, rather than best, impulses of the Arab world, and strengthen the recruitment arm of al-Qaeda.

I am not opposed to all wars. I’m opposed to dumb wars.

So for those of us who seek a more just and secure world for our children, let us send a clear message to the president today. You want a fight, President Bush? Let’s finish the fight with bin Laden and al-Qaeda, through effective, coordinated intelligence, and a shutting down of the financial networks that support terrorism, and a homeland security program that involves more than color-coded warnings.

But on April 5, 2004, Barack Obama appeared to significantly alter his position on Iraq. A YouTube video of Obama shows the incredulity on the interviewer’s face as Obama unexpectedly sounded almost like President Bush on the subject of retaining troops in Iraq.

Interviewer: But you said that troops should be withdrawn.

Obama: No, no. I’ve never said that troops should be withdrawn. What I’ve said is that we’ve got to make sure that we secure and execute the rebuilding and reconstruction process effectively and properly and I don’t think we should have an artificial deadline when to do that. What’s important is that we have a long-term plan in process and short-term security strategy.

It’s been suggested that that change in the senator’s position from opposition to a stern refusal to leave until the job had been finished can be explained by the unexpected ease with which the campaign had gone up till that time. But that doesn’t quite square with the facts. April 2004 was in fact the bloodiest month in the Iraq campaign till then and the start of the Sunni insurgency and Moqtada al-Sadr’s uprising. On March 31, 2004, Iraqi insurgents in Fallujah ambushed a Blackwater convoy and hung the mutilated bodies of the Americans on the bridge.Wikipedia recounts the rush of bloody events which followed:

On April 3, the 1st Marine Expeditionary Force received a written command from the Joint Task Force, ordering offensive operations against Fallujah. This order went against the wishes of the Marine commanders on the ground who wanted to conduct surgical strikes and raids against those suspected of involvement in the Blackwater deaths.

On the night of April 4, the U.S. forces launched a major assault in an attempt to “re-establish security in Fallujah” by encircling it with around 2,000 troops. At least four homes were hit in aerial strikes, and there was sporadic gunfire throughout the night.

By the morning of April 5, headed by the 1st Marine Expeditionary Force, American units had surrounded the city with an aim towards retaking it. American troops blockaded roads leading into the city, with Humvees and concertina wire, and took over a local radio station, and handed out leaflets urging residents to remain inside their homes, and help American forces identify insurgents and any Fallujans who were involved in the Blackwater deaths.

Obama’s change of tone in 2004 was so noticeable that Howard Kurtz couldn’t help but notice how striking the Illinois senator’s position was in mid-2004. Obama was quoted as saying:

There’s not that much difference between my position and George Bush’s position at this stage. The difference, in my mind, is who’s in a position to execute.

But Rezko Watch, a blog following the trial of the Chicago political operative and Obama’s close friend and contributor Tony Rezko, remembered that something else took place in April 2004. Obama was at a party on April 3 — two days before the video– with Nadhmi Auchi, a London-based Iraqi billionaire who attended a Tony Rezko party in Chicago. The Chicago Tribune blog covered Obama’s recollection of the party in depth.

Late last week, Sen. Barack Obama said he didn’t recall meeting a controversial Iraqi-born billionaire at a party held at the home of his former friend and fundraiser, Antoin “Tony” Rezko, on April 3, 2004, because it was in the midst of his campaign for the U.S. Senate seat from Illinois.

But a check on the senator’s calendar showed he had no campaign activities on the day of the Auchi party. TheChicago Sun-Times reported that despite Obama’s inability to recall meeting Mr. Auchi, two sources said the senator was present.

According to two sources familiar with the gathering, the Obamas attended the Wilmette reception, which came less than a month after Obama’s Democratic primary win for his U.S. Senate seat.

The meeting with Auchi takes on a special suggestiveness in light of later revelations that Rezko planned to build a $150 million Chamchamal Power Plant in Kurdish Iraq despite the fact he had no resources to do it with. According to John Batchelor, the former Obama supporter’s straitened circumstances at the time he was bidding for the project came up during the discovery proceedings at his recent trial:

[In] January 16, 2007, ex parte proceedings before Federal District Judge Amy J. St. Eve, in the case of the United States v. Antoin Rezko, in the discovery of Mr. Rezko’s resources in order to set his bail awaiting trial. … The judge asked about Mr. Rezko’s creation, Rezmar International LLC.

Mr. Rezko answered, “Rezmar International entered into contract with the Ministry of Electricity in — of — Iraq, to build a power plant and sell power to the government. And we were negotiating for over, now, I guess, two years.” Mr. Rezko added that the deal, for the never-built, $150 million Chamchamal power plant in Kurdistan Region, Iraq, was finally canceled November 6 or 7, 2006.

When the judge pressed for details Mr. Joseph Duffy, of Stetler & Duffy, spoke for his client, “there was a request for purchase by the Iraqi government. Mr. Rezko and an engineering firm here in the state of Illinois put together a bid, along with other entities; and, then, they won the bid for the contract. The company has no assets. They were just going to — if the contract was given, as I understand the financing was going to be a letter of credit — letter of credit from the Iraqi government and other financing; and then, they were going to put together someone to build or supply the electricity.”

But if Rezko had no money to build or finance the Chamchamal Power Project, how could he convince the Iraqi government to give him a letter of credit and where would the “other financing” come from? Subsequent events suggest the letter of credit would be arranged by another local connection, a Chicago Iraqi-American named Aiham Alsammarae, who is a one-time classmate of Tony Rezko and had been appointed as Iraq’s Minister of Electricity by L. Paul Bremer in July 2003. With Alsammarae at the head of the ministry, a letter of credit was possible. The money (“other financing”) would likely come from Nahdmi Auchi, who according to the Times Online, practically owned Tony Rezko.

According to court documents, Mr. Rezko’s lawyer said his client had “longstanding indebtedness” to Mr. Auchi’s GMH. By June 2007 he owed it $27.9 million.

Under a Loan Forgiveness Agreement described in court, Mr. Auchi lent Mr. Rezko $3.5 million in April 2005 and $11 million in September 2005, as well as the $3.5 million transferred in April 2007. …

A posting last week on a GMH-owned website, middle-east-online.com, portrayed Mr. Auchi as a Middle Eastern “Donald Trump” with a global business construction empire.

Mr. Auchi visited the United States in 2004. Pictures show him meeting Emil Jones, the president of the Illinois state senate, an ally of Mr. Obama, a former state senator.

Both Mr. Auchi and Mr. Obama say they have no memory of meeting each other. But, according to a source, the two may have had a brief encounter at the Four Seasons Hotel in Chicago where Mr. Auchi’s visit was being honored with a dinner attended by the governor when Mr. Obama, coincidentally in the hotel, dropped in.

Rezko was very heavily involved in Chamchamal. In addition to bidding for building the power plant itself, Rezko apparently bid to provide security for the installation. John Batchelor again:

The third bidder on the Chamchamal deal was most likely Companion Security of Illinois. Companion Security was an Illinois company, concocted by Mr. Rezko along with his long-time Rezmar partner Daniel Mahru and an ex-Chicago policeman Donald Frawley, that proposed to train 150 Iraqis to be a security force at the new Chamchamal plant; and it included the novel concept to fly the Iraqis to Illinois for this training. Companion Security signed a contract April 18, 2005, with CPA Minister of Electricity Alsammarae — for which, it is alleged by now cooperating government witness Mr. Mahru, Mr. Alsammarae was paid a $1.5 million bribe.

From April 2004 onward, Barack Obama’s position on Iraq remained remarkably constant. The Illinois senator believed it was important not to abandon Iraq until it was stable enough to fend for itself. In November 2005, he said:

I believe that U.S. forces are still a part of the solution in Iraq. The strategic goals should be to allow for a limited drawdown of U.S. troops, coupled with a shift to a more effective counter-insurgency strategy that puts the Iraqi security forces in the lead and intensifies our efforts to train Iraqi forces.

At the same time, sufficient numbers of U.S. troops should be left in place to prevent Iraq from exploding into civil war, ethnic cleansing, and a haven for terrorism.

We must find the right balance — offering enough security to serve as a buffer and carry out a targeted, effective counter-insurgency strategy, but not so much of a presence that we serve as an aggravation. It is this balance that will be critical to finding our way forward.

Second, we need not a time-table, in the sense of a precise date for U.S. troop pull-outs, but a time-frame for such a phased withdrawal. More specifically, we need to be very clear about key issues, such as bases and the level of troops in Iraq. We need to say that there will be no bases in Iraq a decade from now and the United States armed forces cannot stand up and support an Iraqi government in perpetuity — pushing the Iraqis to take ownership over the situation and placing pressure on various factions to reach the broad-based political settlement that is so essential to defeating the insurgency.

In June 2006, despite the counterinsurgency troubles being encountered at that time, Obama reiterated his desire to keep American troops in Iraq until it stabilized. The senator said following a visit:

But having visited Iraq, I’m also acutely aware that a precipitous withdrawal of our troops, driven by Congressional edict rather than the realities on the ground, will not undo the mistakes made by this administration. It could compound them.

It could compound them by plunging Iraq into an even deeper and, perhaps, irreparable crisis.

We must exit Iraq, but not in a way that leaves behind a security vacuum filled with terrorism, chaos, ethnic cleansing, and genocide that could engulf large swaths of the Middle East and endanger America. We have both moral and national security reasons to manage our exit in a responsible way.

But on Nov 20, 2006, Obama suddenly changed his mind on Iraq. He believed it had become unwinnable. There was no point in going on and a withdrawal had to begin within a few months. CNN reported:

Sen. Barack Obama called Monday for U.S. troops to start leaving Iraq in 2007, arguing that the threat of an American pullout is the best leverage Washington has left in the conflict.

“The time for waiting in Iraq is over. It is time to change our policy,” said Obama, a freshman Democrat from Illinois touted as a possible national candidate in 2008.

“It is time to give Iraqis their country back, and it is time to refocus America’s efforts on the wider struggle yet to be won.”

Obama’s speech to the Chicago Council on Global Affairs came as the debate over Iraq policy has heated up in Washington, with policy makers making proposals that range from a phased withdrawal that begins in four to six months to an increase in troop strength.

What had changed between June and November 2006 to alter Obama’s position? Possibly the situation on the ground. But one circumstance that had also changed was that the Rezko Chamchamal contract had been finally and irrevocably canceled only two weeks before. John Batchelor reports what Rezko told the judge during the discovery proceedings:

We had, for whatever it’s worth, sometime in June received a letter saying the contract was canceled. We protested the cancellation. And, then, we received this [the November cancellation] letter.

Batchelor describes some of the last-minute efforts to bring the Rezko power plant project back from the dead.

The Chamchamal construction plan was canceled in June 2006, and this not only ended the power plant deal for Rezko’s Rezmar International and Alsammarae’s KCI Engineering Consultants, but also it ended the Companion Security deal. Companion was nested inside Chamchamal. The security guards to be trained in Illinois were for Chamchamal. This is important to understand. The same men controlled all three bids.

Mr. Rezko said, “We protested the cancellation.” How did they protest? It appears that part of the protest was to send Mr. Frawley to Senator Obama in August 2006 to seek help reviving the deal.

Senator Obama declined to help, though not right away. According to Obama staff spokesman Tim LaBolt in mid-2007: “The Senate staff had two meetings, one conference call, and sporadically emailed with representatives of Companion Security about their request for Senator Obama to write a letter introducing the company to senior officials in the Iraqi government. That is not the kind of action Senator Obama usually takes for individual companies, and our staff concluded on that basis to decline the requested assistance.”

Also, according to a report by the Chicago Sun-Times, Mr. Frawley negotiated over a six-month period with Senator Obama’s staffer Seamus Ahern at the Moline, Illinois, office. The explanation at the time was that the senator regarded Companion Security as an employment opportunity for the troubled Quad Cities area around Moline.

The deal was definitely dead in August 2006, when Aiham Alsammarae came under investigation for corrupt practices. The New York Times reported that the case against Alsammarae began “with investigations by the Commission on Public Integrity, an Iraqi organization independent of the government that was created by the United States.” A New York Times reporter, visiting him in jail, wryly noted, “Mr. Alsammarae, an American citizen who lived in the Chicago area and built a thriving engineering firm there, is the only cabinet-level Iraqi official to be convicted and jailed for misusing money during his time in office.”

On December 16, 2006, Alsammarae successfully escaped from his Baghdad jail in mysterious circumstances, flew to Jordan, and from there returned to his home in Oak Brook, Illinois, without any apparent trouble. He did not take the trouble to hide. On April 27, 2008, Alsammarae demonstrated his affection for Tony Rezko when theChicago Sun-Times reported that the “former Iraqi official and ex-international fugitive helped spring Tony Rezko from jail earlier this month, putting up homes that comprise nearly one-third of the $8.5 million in property and cash securing Rezko’s bail.” Tony Rezko may have been broke but Alsammarae was not:

Alsammarae put up $1.9 million in equity in his Oak Brook mansion, along with $840,000 in equity from two South Loop condominiums, according to court records. In recent days, he appeared in the downtown federal courthouse to pledge his property and signed papers related to Rezko’s bail. That proceeding, however, was conducted in a private session with U.S. District Judge Amy J. St. Eve and lawyers. Records from the proceeding weren’t immediately released.

The shifts in Barack Obama’s policy toward Iraq show a remarkable correlation with the rise and fall of Tony Rezko’s business prospects in the Chamchamal Power Plant. As the story of the Rezko syndicate is exposed in his Chicago trial, the subject of its Iraqi commercial interests will come under a brighter light. Barack Obama has already said of his convicted ex-fundraiser, “this is not the Tony Rezko I used to know.”

What remains to be seen is whether new developments will see the same cognitive dissonance apply to Obama’s policy in Iraq.”

http://pjmedia.com/blog/tony-rezko-and-obamas-shifting-positions-on-iraq/?singlepage=true

Despite what you have read, the Rezkos did not have the money in the first part of 2005 to put down $ 125,000 on the lot they purchased. The loan from Auchi allowed the transaction to happen.

There is more to this story and it involves GE.

Obama and GE pay to play politics, General Electric high profits low US taxes, 24.9 Million stimulus money cut 18000 US jobs, Rezko loans from GE Capital

Obama and GE pay to play politics, General Electric high profits low US taxes, 24.9 Million stimulus money cut 18000 US jobs, Rezko loans from GE Capital

“Citizen Wells, we bring bad things to light”…Citizen Wells

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

“Why did the Rezkos enter into an agreement to purchase the lot next to the Obama house and pay the asking price of $ 625,000 at a time when they were broke and heavily in debt?”…Citizen Wells

From CNS News October 11, 2010.

“The Obama administration gave corporate giant General Electric—the parent company of NBC–$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.

Despite getting $24.9 million from U.S. taxpayers, GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report.

According to Standard & Poor’s, GE took in $156 billion in revenue in 2009.

GE was the primary recipient of 14 stimulus grants, a spokeswoman for Recovery.gov confirmed to CNSNews.com. These 14 grants provided GE with $24.9 million in tax dollars. On four additional stimulus grants, the primary recipient of the federal money hired GE as a contractor. Recovery.gov is the administration’s website that tracks stimulus expenditures.

At the end of 2008, GE employed 152,000 U.S. workers, according to its 2009 annual report. But at the end of 2009, according to the report, it employed only 134,000 U.S. workers, a decline of 18,000 workers.

The Energy Department provided GE with 9 stimulus grants, the Department of Health and Human Services provided the company with 3, and the Justice Department and the Commerce Department each gave the company 1 stimulus grant.

All of these federal stimulus grants went to GE’s Global Research Center.

The earliest of the stimulus grants went to GE in July 2009 and the latest in April 2010.

CNSNews.com asked a GE spokesperson if the company contested Recovery.gov’s representation that GE had received 14 stimulus grants worth $24.9 million, and also whether the company now employed more or fewer workers as a result of receiving the grants.

In an e-mail response, GE spokeswoman Anne Eisele said, “I’m afraid I must politely decline to comment.”

What did all the money to GE go for? Recovery.gov posts brief explanations of each grant. For example, the Department of Justice gave GE $999,955 in stimulus money. “The goal of this program,” said Recovery.gov, “is to develop a comprehensive reasoning system for event and scenario recognition for an intelligent video system.”

In addition to the $24.9 million it received in stimulus grants, GE was also awarded $5 million in federal contracts under the economic stimulus law. These contracts were payment for services provided by the company.”

http://cnsnews.com/news/article/obama-administration-gave-general-electric-parent-company-nbc-249-million-stimulus

Interesting.

I saved this article a few hours ago. I now get this:

“Parse error: syntax error, unexpected ‘=’, expecting ‘)’ in /cluster/www_system/www/v2.cnsnews.com/public_html/sites/default/settings.php on line 216”

A search on the link yields:

Obama Administration Gave General ElectricParent  – CNS News

cnsnews.com › News

Oct 11, 2010 – health care-obama. President Barack Obama and Vice President Joe Biden react to cheers as they arrive in the East Room of the White House 

You’ve visited this page 3 times. Last visit: 9/15/12
That wasn’t supposed to be part of this story. It just happened.
Seems like Obama really likes GE.
From NewsMax March 23, 2011.

“General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness.
Before that, Immelt was on Obama’s Economic Recovery Advisory Board.

He’s also a regular companion when Obama travels abroad to hawk American exports. (Why does business need government to do that?)

“Jeff Immelt is perhaps the CEO who is most cozy with President Obama,” says journalist Tim Carney. “General Electric is structuring their business around
where government is going . . . high-speed rail, solar, wind. GE is lining up to get what government is handing out.””

http://www.newsmax.com/Stossel/Obama-GeneralElectric-CorporateWelfare-Immelt/2011/03/23/id/390486

From Hot Air March 25, 2011.

“What a coincidence! I’m sure that GE’s ability to generate $14.2 billion in profits, $5.1 billion in the US, and end up getting back $3.2 billion from
taxpayers has nothing at all to do with its political connections and favorable tax breaks and loopholes it has pushed through Congress.”

http://hotair.com/archives/2011/03/25/obamas-favorite-ceo-gets-ge-out-from-paying-any-us-taxes/

What a coincidence! Tony Rezko likes GE too.

General Electric Capital Corporation

“Company Description

General Electric Capital (GE Capital) encompasses the financing operations of sprawling conglomerate General Electric. The group’s five segments provide
commercial loans and leases, consumer loans and credit cards, and real estate financing services around the world. GE Capital’s largest segments are
commercial lending and leasing and consumer lending, which together account for about 80% of revenues. Its GE Commercial Aviation Services specialist segment leases commercial aircraft, while its energy financial services segment provides project funding for customers in the energy and water sectors. GE Capital is active in more than 50 countries but does most of its business in the US and Europe.”

http://www.hoovers.com/company/General_Electric_Capital_Corporation/hchhri-1.html

From the Tony Rezko Indictment Press Release, October 11, 2006.

“The second indictment alleges that Rezko fraudulently obtained more than $10 million in loans for a pizza restaurant business from General Electric Capital Corp. (GECC) and also defrauded investors in that business.”

“The loan fraud indictment, which charges only Rezko, alleges that he fraudulently caused GECC to extend more than $10 million in loans to finance what Rezko portrayed as sales of two different groups of pizza restaurants in the Chicago and Milwaukee areas. In fact, the indictment alleges, the sales were sham transactions that occurred at inflated prices, and involved the presentation of false financial information to GECC. The indictment alleges that in addition to defrauding GECC, Rezko defrauded investors in his pizza business by concealing the fact that he was transferring the company’s assets to himself and a straw purchaser.”

““This indictment describes a frenzy of corrupt scheming, particularly in April and May 2004, in which political insiders sought to manipulate the activities of two state boards to fleece investment firms and individuals. The defendants and their associates put the word out loud and clear: you have to pay to play in Illinois,” Mr. Fitzgerald said.”

“The indictment alleges that Rezko and his co-schemers fraudulently obtained a $4.5 million loan from GECC in March 2001 to finance the purchase of the Milwaukee stores by a straw purchaser and his company at an inflated price, and through the submission of fraudulent documents, including false financial statements about the condition of the pizza stores.”

“The indictment alleges that Rezko and his co-schemers made similar fraudulent representations to obtain a $6 million loan from GECC in October 2001 in connection with Rezko’s sale of the Chicago area pizza restaurants from Rezko Enterprises to his own company, Chicago PJ LLC. After closing on the loan for the Chicago stores, the loan became delinquent, and Rezko caused additional false financial information to be submitted to GECC in asking for forebearance on the default.”

From the San Francisco Chronicle March 3, 2008.

“Obama, a Democrat, is not part of the case against Rezko, who is accused of shaking down companies seeking business with the state of Illinois. Obama has
conceded it was a mistake to bring Rezko into his personal real estate dealings, although he has insisted there was nothing unusual about the developer
deciding to buy a sought-after lot in an upscale neighborhood. But a review of court records, including new details of Rezko’s finances that have emerged
recently, show that the lot purchase occurred as he was being pursued by creditors seeking more than $10 million, deepening the mystery of why he would plunge into a real estate investment whose biggest beneficiary appears to have been Obama.

Dodging creditors

As Obama and Rezko were completing the property purchases in June 2005, Rezko was fighting to keep lenders and investors at bay over defaulted loans and
failing business ventures. But he sidestepped that financial dragnet by arranging for the land to be purchased in his wife’s name, making it the only
property she owned by herself, according to land records.

As a result, when Obama and his wife, Michelle, bought a portion of the land from Rezko seven months later to widen their yard, the money they paid was
beyond the reach of Rezko’s creditors, including one conducting a court-ordered hunt for his assets to recover a $3.5 million debt.

Two lawyers involved in the civil litigation against Rezko said they believed that the property was subject to possible seizure on the premise that Rezko had
been trying to hide behind his wife, Rita, who had little money of her own to complete the $625,000 purchase.

The lawyers, both of whom requested anonymity because they did not have their clients’ permission to speak about the cases, said there was little purpose in
pursuing it because the legal costs would have outweighed the value of the property, which was encumbered by a $500,000 mortgage.”

“Federal prosecutors recently filed papers saying Rezko had trouble paying creditors for years. At least 12 lawsuits had been filed against Rezko and his
businesses from November 2002 to January 2005, including one by GE Commercial Finance Corp., which had extended more than $5 million in loans for Rezko’s pizza franchises.

GE obtained a court judgment against Rezko in November 2004 for the $3.5 million it said was outstanding on its loans, but the company put collection efforts on hold during the first half of 2005 as it negotiated with Rezko, court records show. When the Obamas and Rezkos bought their adjacent parcels that June, Rezko’s wife, Rita, put down $125,000 in cash and financed the rest with a bank loan.”

http://www.sfgate.com/realestate/article/Obama-could-feel-heat-from-developer-s-trial-3292768.php

Obama and Rezko like GE, especially in 2005.
More to come.
Citizen Wells, we bring bad things to light.