A federal jury today convicted developer Antoin "Tony" Rezko of corruption charges for trading on his clout as a top adviser and fundraiser to Gov. Rod Blagojevich.
Rezko's guilty verdict on 16 of 24 corruption counts could have broad repercussions for Blagojevich, who made Rezko a central player in his cabinet. It could also prove a political liability for U.S. Sen. Barack Obama, who once counted Rezko as a friend and fundraiser, as the likely Democratic presidential nominee heads into the general election campaign against Republican John McCain.