Tick, Tick….

“As Gov. Rod Blagojevich was trying to pick Illinois’ next U.S. senator, businessmen with ties to both the governor and U.S. Rep. Jesse Jackson Jr. discussed raising at least $1 million for Blagojevich’s campaign as a way to encourage him to pick Jackson for the job, the Tribune has learned.

Blagojevich made an appearance at an Oct. 31 luncheon meeting at the India House restaurant in Schaumburg sponsored by Oak Brook businessman Raghuveer Nayak, a major Blagojevich supporter who also has fundraising and business ties to the Jackson family, according to several attendees and public records.

Two businessmen who attended the meeting and spoke to the Tribune on the condition of anonymity said that Nayak and Blagojevich aide Rajinder Bedi privately told many of the more than two dozen attendees the fundraising effort was aimed at supporting Jackson’s bid for the Senate.

Among the attendees was a Blagojevich fundraiser already under scrutiny by federal investigators, Joliet pharmacist Harish Bhatt.That meeting led to a Blagojevich fundraiser Saturday in Elmhurst, co-sponsored by Nayak and attended by Jesse Jackson Jr.’s brother, Jonathan, as well as Blagojevich, according to several people who were there. Nayak and Jonathan Jackson go back years and the two even went into business together years ago as part of a land purchase on the South Side.

Blagojevich and the congressman met to discuss the Senate seat on Monday, one day before federal prosecutors arrested Blagojevich and charged him with trying to sell the U.S. Senate seat vacated by President-elect Barack Obama. As part of the charges, prosecutors alleged that Blagojevich was considering awarding the seat to a politician identified as “Senate Candidate 5″ because emissaries for that candidate were promising to raise as much as $1.5 million for Blagojevich’s campaign fund.

The Tribune has identified Jesse Jackson Jr. as “Senate Candidate 5.” Jackson has denied knowing anything about efforts by emissaries or anybody close to him promising to raise money for Blagojevich in exchange for being appointed to the Senate. He has been contacted by federal prosecutors as part of the probe and has agreed to meet with them.”

At this point this about seals the fate of Jessie Jackson Jr. as a key player in the scandal that has engulfed Illinois, and the Obama camp. There’s no doubt that the focus was to get Jr. the vacant senate seat, the only question at this point – again – is how deep is the involvement to Obama or his people.