Blago’s Risky Bet On Derivatives | Talking Points Memo

The Rod Blagojevich pay-to-play scandal may seem like an anachronistically simple big city machine politics scandal next to the ever-widening web of inscrutably interrelated financial scams comprising the on-going financial crisis. But in brokering deals with public coffers, at least, Blago liked “exotic” derivatives as much as the next hedge fund guy.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=144147