"Despite repeated warnings from others that he could not personally profit in any way, [former Illinois Gov. Rod] Blagojevich continued to suggest methods in which he could personally profit from the naming of a senator," according to a 91-page document filed by federal prosecutors in Chicago Wednesday.

Blago apparently discussed selling President Obama's former U.S. Senate seat with his wife - in exchange for a Cabinet position, an ambassadorship or financial remuneration - while federal agents were listening on the line.

The court document outlined part of U.S. Attorney Patrick Fitzgerald's case against Blago, who was indicted on 24 counts of conspiracy, racketeering, mail and wire fraud, attempted extortion and bribery.

As many as 500 hours of secret taped recordings were cited as evidence of "multiple conspiracies and schemes" that Blagojevich and his brother Robert engaged in for their own financial benefit.

An emissary for Jesse Jackson Jr. allegedly offered Blagojevich a $1.5 million offer for the seat, and there is widespread speculation that some White House aides were caught on tape as well

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Blago-warned-he-could-not-profit-from-Obama-seat-90870689.html#ixzz0l6znVOHE