Goldman Sachs Busted

Goldman Sachs, Mortgage Backed Securities

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Rezco Sentencing Indefinately Postponed

Barack Obama, Chicago, Corruption, Tony Rezco
December 16, 2008


A federal judge has indefinitely postponed the Jan. 6 sentencing for Tony Rezko, the prominent political fund-raiser and former adviser to Gov. Blagojevich.

The move this morning came after Rezko lawyers asked U.S. District Judge Amy St. Eve last week to throw out the sentencing date.

Rezko’s request comes as he restarts talks with federal prosecutors. Those talks hit a stumbling block as Rezko asked to be let out of solitary confinement at the downtown federal lockup. He asked for a rushed sentencing in January.

But last week’s revelation that the government has recordings in the governor’s case, appeared to change Rezko’s mind about cooperating.

Rezko’s lawyers did not ask for a new sentencing date at this morning’s hearing