Monday, November 03, 2008

Honor Among Thieves Overrated

Edward Vrdolyak, a.k.a. "Fast Eddie", a Chicago legend, today pleaded guilty in federal court to conspiracy to commit mail fraud .

His political career included rising to power as a Democratic alderman, then switching to the Republican party in an unsuccessful bid to seek higher office. He is now 70.

He had a reputation as a smooth-talking, and very careful, "wheeler-dealer".

But a buddy ratted him out:
Levine, a longtime Vrdolyak friend, proved to be Vrdolyak's downfall. After Levine had been indicted twice, he began cooperating and secretly tape-recorded Vrdolyak discussing the kickback scheme from a few years earlier.
He went down in the end when his friend decided to squeal.
I guess Fast Eddie has cut his final deal.

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