GUILTY: “Tony Rezko — the high-flying developer and fast-food magnate who was once a major campaign fund-raiser for Gov. Blagojevich and Democratic presidential hopeful Barack Obama and one of the governor’s closest advisers — is now a convicted felon. A federal jury in Chicago convicted Rezko this afternoon on 16 of 24 charges he faced in a political corruption trial that cast a harsh light on the Blagojevich administration. . . . Now, facing the prospect of prison time in the corruption case, as well as two additional criminal trials on unrelated charges, Rezko is under pressure to cooperate with the continuing investigations.” (Via JWF).