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Secret FBI Wiretaps, Immunity in Blagojevich Case, A Bailout for Developers and Bush's Secret E-Mails

POSTED: 12:38 PM ET, 12/22/2008 by Derek Kravitz

Good morning, and welcome to the Daily Read for Monday. Please feel free to comment and let us know if we missed anything.

Secret Tapes Helped Build Graft Cases In Illinois» The wide-ranging public corruption probe that led to the arrest of Illinois Gov. Rod Blagojevich got its first big break when a grandmother of six walked into a breakfast meeting with shakedown artists wearing an FBI wire. — Washington Post

In Blagojevich investigation, 'Individual D' seeks immunity » A key figure in Illinois Gov. Rod Blagojevich's alleged scheme to sell a U.S. Senate seat has sought immunity from federal authorities in return for his cooperation. Businessman and political fundraiser Raghuveer P. Nayak is Individual D in the federal complaint, sources said. — Los Angeles Times

Developers Ask U.S. for Bailout as Massive Debt Looms» With a record amount of commercial real-estate debt coming due, some of the country's biggest property developers have become the latest to go hat-in-hand to the government for assistance. — Wall Street Journal

Firm Built on Madoff Ties Faces Tough Questions» As it raised money all over the world, the Fairfield Greenwich Group also made detailed pledges about how it would monitor and track Mr. Madoff's investments, the documents show. Now, investors and regulators are sure to ask whether Fairfield made good on those promises -- or whether it was a facilitator of the Madoff scandal as well as a victim. — New York Times

Bush E-Mails May Be Secret For A Bit Longer» The required transfer of all of the Bush White House's e-mail messages and documents to the National Archives has been imperiled by a combination of technical glitches, lawsuits and lagging computer forensic work, according to government officials, historians and lawyers. — Washington Post

With Stevens's Fall, a Lobbyist Pipeline Shuts Off» When Alaskan voters narrowly rejected Sen "Uncle Ted" Stevens's bid for re-election last month, just days after a jury convicted him of federal ethics violations, it marked the closing of the influential Stevens lobby on K Street. — New York Times

By Derek Kravitz |  December 22, 2008; 12:38 PM ET The Daily Read
Previous: Weakened EPA, a Deadly Delay and Iraq's 'Pentagon Papers' | Next: Top 10 Scandals of 2008

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