The Extent of the Rezko Cash

The Sun-Times and Trib really have covered this story well and are simply outperforming the supposed national media stars who continually get the portions of the story just wrong.

Here is a list of top receivers of Rezko cash (Sun-Times April 27, 2007)

1. John Stroger, ex-Cook County

Board president — $148,300

A Rezko company had a contract to maintain pay telephones at the Cook County Jail under Stroger. Also, Rezko has had business ties with Stroger family members and friends.

2. Gov. Blagojevich Gov. Blagojevich -Search using:— $117,652

Rezko has been a longtime supporter and top fund-raiser for Blagojevich, having raised hundreds of thousands of dollars for his campaigns. As governor, Blagojevich gave jobs and state appointments to Rezko friends. Rezko has been indicted on federal charges that accuse him of demanding kickbacks from companies seeking state business under Blagojevich.

3. Mayor Daley — $55,950

Soon after Daley became mayor 18 years ago, Rezko’s company, Rezmar Corp., got into the low-income housing business with the city. Rezmar ended up getting more than $25 million from the Daley administration to rehab buildings for affordable housing.

Sen. Barack Obama -Search using:— $54,416

Rezko has been friends with Obama for 17 years. As a lawyer at a small Chicago law firm, Obama worked on low-income housing deals involving Rezko’s company. Rezko has been Obama’s political patron since he ran for the Illinois Senate a dozen years ago. Obama has apologized for buying a piece of property from Rezko’s wife last year to expand his yard.

5. Illinois Atty. Gen. Lisa Madigan — $43,000

6. Illinois House Speaker Michael Madigan — $35,500 Madigan got those donations between 1998 and 2000 — “ancient history,” according to a Madigan spokesman.

7. Lt. Gov. Pat Quinn — $32,000

As state treasurer, Quinn appointed Rezko to serve on a state housing task force.

8. Ald. Toni Preckwinkle (4th) — $31,375

Rezko was the longtime head of Preckwinkle’s campaign-finance committee. Six of Rezko’s troubled housing projects were in Preckwinkle’s ward.

9. Rep. Luis Gutierrez — $27,250

Friends for more than 20 years. Gutierrez was working for then-Mayor Harold Washington when he met Rezko, at the time a top official with a company that had a Chicago Park District concession contract. As alderman, Gutierrez chaired the Chicago City Council Housing Committee that gave Rezko city property to redevelop into affordable housing. Four years ago, Gutierrez paid the lowest price for a riverfront town house in a Rezko development. The congressman sold it last year for a 40 percent profit.

10. John Schmidt — $25,000

Mayor Daley’s former chief of staff, who ran losing campaigns for attorney general and governor.

11. Secretary of State

Jesse White — $23,848

12. Illinois Comptroller

Dan Hynes — $22,500

13. Ald. Arenda Troutman (20th) — $20,750

Most of Rezko’s low-income buildings were in her ward. Rezko’s contractor and his architect also rehabbed a building owned by Troutman’s late father, Benjamin Troutman.

14. State Sen.

James Meeks — $20,000

15. Former Gov. Jim Edgar — $18,804

Rezko “was very helpful” raising money when Edgar was first elected governor in 1990, according to one of Edgar’s top fund-raisers. While Edgar was governor, Rezko’s company got $9.7 million in state loans to fix up apartments in Chicago

4 thoughts on “The Extent of the Rezko Cash

  1. Corrupt and conservative Lipinski seems to have had the good sense to avoid Rezko, or at least avoid your top 15.

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