Monday, March 02, 2009

Former Bear Stearns investment banking exec plead guilty in Blago investigation

Fitz is closing in on Blago...

The U.S. attorney's investigation of former Gov. Rod Blagojevich's administration has netted another conviction.

P. Nicholas Hurtgen -- a former Bear Stearns investment banking executive in Chicago and onetime top aide to former Wisconsin Gov. Tommy Thompson -- pleaded guilty Wednesday to aiding and abetting a criminal scheme that aimed to defraud Illinois taxpayers.

Hurtgen's 2005 indictment was among the first in the government's Operation Board Games probe, which has led to convictions of several Blagojevich insiders, including top adviser and campaign fund-raiser Tony Rezko and Stuart Levine, who was a member of the Illinois Health Facilities Planning Board.
Read on.

No comments: