Sorry I’m so late on this story, but this is the first access I’ve had to my computer today. It’s simply too big to not cover.

Gov. Rod Blagojevich and his chief of staff, John Harris, were arrested by the FBI this morning for allegedly attempting to sell or trade President-elect Barack Obama’s Senate seat for personal financial gain, amongst other charges. The prosecutor is apparently U.S. Atty. Patrick Fitzgerald — the same man responsible for prosecuting Scooter Libby. Merry Fitzmas.

At a news conference late this morning, Fitzgerald said Blagojevich “has taken us to a truly new low” and went on “a political corruption crime spree. We acted to stop that crime spree.”

Fitzgerald also accused Blagojevich of attempting “to sell the U.S. Senate seat” that President-elect Barack Obama vacated.

Robert Grant, FBI special agent in charge of the Chicago office, said the arrest of Blagojevich should serve as notice that “business as usual will no longer be tolerated. That selling your office for personal gain is a thing of the past.”

It gets better:

Otherwise, Blagojevich considered appointing himself. The affidavit said that as late as Nov. 3, he told his deputy governor that if “they’re not going to offer me anything of value I might as well take it.”

“I’m going to keep this Senate option for me a real possibility, you know, and therefore I can drive a hard bargain,” Blagojevich allegedly said later that day, according to the affidavit, which also quoted him as saying in a remark punctuated by profanity that the seat was “a valuable thing—you just don’t give it away for nothing.”…

The affidavit said Blagojevich also discussed getting a substantial salary for himself at a nonprofit foundation or an organization affiliated with labor unions.

It said Blagojevich also talked about getting his wife placed on corporate boards where she might get $150,000 a year in director’s fees.

He also allegedly discussed getting campaign funds for himself or possibly a post in the president’s cabinet or an ambassadorship once he left the governor’s office. He noted becoming a U.S. senator might remake his image for a possible presidential run in 2016, according to the affidavit. And he allegedly said a Senate seat would also provide him with corporate contacts if he needed a job and present an opportunity for his wife to work as a lobbyist.

“I want to make money,” the affidavit quotes him as saying in one conversation.

Yeah, I think he can call that presidential run off. As Fitzgerald said, “staggering”.

Addendum: More details from CBS2 Chicago:

Throughout the intercepted conversations, Blagojevich also allegedly spent significant time weighing the option of appointing himself to the open Senate seat and expressed a variety of reasons for doing so, including: frustration at being “stuck” as governor; a belief that he will be able to obtain greater resources if he is indicted as a sitting Senator as opposed to a sitting governor; a desire to remake his image in consideration of a possible run for President in 2016; avoiding impeachment by the Illinois legislature; making corporate contacts that would be of value to him after leaving public office; facilitating his wife’s employment as a lobbyist; and generating speaking fees should he decide to leave public office…

In a conversation with Harris on November 11, the charges state, Blagojevich said he knew that the President-elect wanted Senate Candidate 1 for the open seat [This is certainly Valerie Jarrett. -- AP] but “they’re not willing to give me anything except appreciation. [Expletive] them.”…

As recently as December 4, in separate conversations with Advisor B and Fundraiser A, Blagojevich said that he was “elevating” Senate Candidate 5 on the list of candidates because, among other reasons, if Blagojevich ran for re-election, Senate Candidate 5 would “raise[] money” for him. Blagojevich said that he might be able to cut a deal with Senate Candidate 5 that provided Blagojevich with something “tangible up front.”

I guess the question is: Who’s Senate Candidate Five that was willing to put up money?

More: Hot Air and Michelle Malkin.