Another debt ceiling debacle could sink the economy
Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse. Read more at Counterparties
Chicago Tribune: Ill. Gov. Blagojevich in federal custody
Illinois Governor Rod Blagojevich speaks during a rally in Chicago April 16, 2007.
Credit: Reuters/John Gress
CHICAGO |
CHICAGO (Reuters) - Illinois Gov. Rod Blagojevich has been taken into federal custody at his home, the Chicago Tribune reported on Tuesday citing unnamed sources.
The newspaper said on its website that the U.S. attorney's office in Chicago would not confirm the information.
Blagojevich was the subject of a federal corruption probe.
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