Trouble for Jackson Jr.

Bad news for Jesse Jackson Jr.: Raghuveer P. Nayak, a Chicago millionaire who was caught in discussions about raising $1 million for Blagojevich in order to convince him to give Obama’s Senate seat to Jackson Jr., has sought immunity from federal authorities in return for his cooperation in the investigation. Nayak appeared in the federal complaint as “Individual D.” Jackson Jr. says he spoke with Nayak about his desire for the seat, but that he did not know about his fundraising activities. A lawyer for Jackson Jr. said, "If that is indeed the case, and if that cooperation relates to my client, then [Nayak] is trying to save his own skin. That's all I have to say.”