Rezko Guilty on 16 Counts

June 4, 2008— -- A federal jury in Chicago Wednesday found Antoin "Tony" Rezko guilty on 16 of 24 counts.

The jury's deliberations on the fate of the 52-year-old Chicago developer and political fixer stretched over 13 days, as they weighed the evidence and testimony on whether and how Rezko had illegally trafficked in access to politicians and political favors.

Rezko's ties to Sen. Barack Obama, D-Ill. have created image problems for the White House hopeful. Rezko, a longtime friend and supporter of Obama's, raised tens of thousands of dollars for his campaigns, much of which Obama has since returned.