The federal racketeering indictment against former Illinois Gov. Rod Blagojevich is all about money, and lots of itincluding the big bucks he is accused of trying to collect selling or swapping President Barack Obama's former U.S. Senate seat.
The wide-ranging, 19-count indictment returned Thursday alleges the ousted governor hoped to get a lofty Cabinet post, substantial campaign cash or a high-paying job for his wife in exchange for the seat.
The indictment also claims Blagojevich tried to get a $50,000 campaign contribution from Children's Memorial Hospital, Chicago, or its CEO, Patrick Magoon, in exchange for an $8 million pediatric care reimbursement promised by the state. Neither the hospital nor Magoon is charged with wrongdoing.
The refinancing of billions of dollars in state pension money was in play in a massive kickback scheme, the indictment says. It says his wife got thousands of dollars in unearned real estate fees and a $12,000-a-month spot on convicted fixer Tony Rezko's payroll.
Blagojevich, 52, who was impeached in January after the scandal boiled over, denied Thursday that he had done anything illegal.
What do you think? Post a comment on this article and share your opinion with other readers. Submit your comments to Modern Healthcare Online at [email protected]. Please be sure to include your hometown and state, along with your organization and title.