Sen. Roland Burris’ political position is becoming increasingly untenable: state criminal investigation, Senate ethics probe, and calls to resign, including from the Chicago Tribune.

Maybe Blago’s spectacular fall has skewed our sense of what a political flameout looks like. But by any usual standard, Burris is in deep, deep trouble.

Things are heating up in the March 31 special election for Sen. Kirsten Gillibrand’s vacant House seat, with the GOP having a real shot at picking up the seat. That and the day’s other political news in the TPMDC Morning Roundup.

Does anyone think there’s currently a sellers’ market in bank executives and traders?

Is anyone else really curious to see what Roland Burris admits to tomorrow?

From the AP …

Federal agents have raided the Memphis brokerage where state Senate Commerce Chairman Paul Stanley works, but the Germantown Republican says he’s not been accused of any wrongdoing.

Stanley is a wealth manager for broker-dealer Stanford Group Co. He said his assistant called him Tuesday morning to tell him federal agents were searching the offices.

For more on Sir Allen’s billions, see Zack Roth’s coverage at TPMmuckraker.com.

From TPM Reader DB …

I haven’t seen this mentioned yet in any articles but what about the big banks (or any others receiving bailout money) lobbying while taking tax payer money. They are using public funds to pay for lobbying to increase their own interests and not necessarily those of the general public. Seems at least as bad if not worse than bonuses and executive pay.

Just a thought/question