Rezko singing about Giannoulias?

(By Ed Morrissey, Hot Air) - According to Chicago Sun-Times columnist Michael Sneed, Tony Rezko may be giving the feds a much longer and broader look at Chicago Machine politics than first thought. Her sources tell her that Rezko has started singing about a politically-connected bank, and that may mean more trouble for Illinois state treasurer Alexi Giannoulias, and perhaps Barack Obama as well:

Sneed hears rumbles political fund-raiser/fixer Tony Rezko, who is now singing sweetly to the feds from his cell at the Metropolitan Correctional Center, has been talking about his “dealings” with a Chicago bank, which has political connections.

Stay tuned.

Hillbuzz breaks this news down:

We just spoke with someone well-connected in Chicago politics who told us that the bank Sneed is talking about has to be Broadway Bank, which is owned by the politically-connected Giannoulias family. We were told that Sneed’s column confirms rumblings people we know heard independently that Tony Rezko is giving up the Giannoulias family to Patrick Fitzgerald — Rezko and the Giannoulias family are as close and tied together as anyone in Chicago could be. If Rezko is turning on them, then Rezko is going to give up Governor Rod Blagojevich and Obama too.

We don’t want to end up in cement shoes for implying anything here, but if you live in Chicago for any length of time, you hear rumors about Broadway Bank, the Giannoulias family, and insert Tony Soprano references here. Kapeech?