Monday, August 03, 2009

Rezko, Blago Banker Closed

Mutual Bank of Harvey shut down by regulators. Sun Times. And recall this:
The Mahajans also have ties to former Blagojevich fund-raiser Antoin "Tony'' Rezko, who was indicted last year on federal charges stemming from an alleged fraud scheme involving state pension money. Mutual Bank, records show, has lent money to Rezko.

In 2005, Mutual Bank held the mortgage on a lot that Rezko's wife, Rita, bought next to then-U.S. Sen. Barack Obama's South Side house.
Rita has since sold the side yard, uh lot. The Obamas still own theirs.

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