No Honor Among Thieves II
It was just a matter of time until federal prosecutors bagged Illinois Republican super-insider John Glennon.
And that wasn't rain that fell on the Wisconsin landscape; it was the cumulative perspiration from those close to Nick Hurtgen and all those Bear Stearns bond deals.
P. Nicholas Hurtgen, a former senior managing director for Bear Stearns & Co.'s office in Chicago, was also indicted in May for allegedly helping pressure hospital officials to hire Kiferbaum in hopes Bear Stearns could finance the expansions.With Glennon's indictment, the escape routes for those not yet cooperating with the feds were just reduced; hard to roll on a guy who is already either an indicted conspirator or a person of interest.
Kiferbaum pleaded guilty last month to one count of attempted extortion and agreed to cooperate against his co-defendants. Levine and Hurtgen have denied wrongdoing and pleaded not guilty.
And those who have golfed, imbibed, and ultimately cut deals with the likes of Glennon, Stu Levine, Don Udsten, Mike Tristano, Roger Stanley and Scott Fawell are no doubt sweating who among the indicted sings next.
Glennon was simply the recent, but not yet the last.
posted by Slide @ 3:22 PM
2 Comments
2 Comments:
It turns out that Hurtgen was innocent and all this speculation was bullshit.
Nice...go destroy someones career and never come back to your postings and clean up the mess.
Hurtgen pleads guilty in pay-to-play scheme
February 25, 2009
http://www.chicagobreakingnews.com/2009/02/hurtgen-pleads-guilty-in-pay-to-play-scheme.html
P. Nicholas Hurtgen Has Long Family Ties to State Government - and the American Cancer Society
P. Nicholas Hurtgen's grandfather was Eugene Murphy, of Gateway Transportation, a trucking firm in La Crosse, who served on the Wisconsin State College Board of Regents, now the University of Wisconsin System Board of Regents, from 1951 to 1973. Eugene Murphy's brother, W. Leo Murphy, was one of the founding directors of the Wisconsin Division of the American Cancer Society after its reorganization in 1947. Walter J. Kohler Jr., the state chairman of the Wisconsin division, was ACS Board Chairman 1953-59, and Governor of Wisconsin from 1951-56. Kohler presided at the American Cancer Society's 1957 meeting, which urged all public health agencies to take action against smoking. And Hurtgen's second cousin and political mentor, M. William Gerard, was an old friend of the Murphys who became the lobbyist for Philip Morris!
Phil Prange is Hurtgen's brother-in-law, and his wife, Alison Prange, is government relations director [i.e., head lobbyist] for the American Cancer Society.
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