CHICAGO - Illinois Gov. Rod Blagojevich and his chief of staff, John Harris, yesterday were arrested and hit with federal corruption charges in a stunning complaint that alleges the governor engaged in pay-to-play schemes and conspired to trade or sell his selection of a Senate replacement for President-elect Barack Obama for personal gain.

Click to see larger photo.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.