After 14 days of deliberation, the verdict is finally in and Rod Blagojevich has been found guilty on one of 24 counts he faced in his federal corruption trial. U.S. Attorney Patrick Fitzgerald vowed to try the former governor again. A court date has been set for August 26th to discuss that possibility.

A second trial would mean more legal expenses for Blagojevich. We don't know who would ultimately defend him in the second go-round.  What we do know is Blago's $2.8 million campaign fund -- used to pay for his defense in the first trial -- is tapped out. That means taxpayers will ultimately foot the bill for the next chapter of this corruption saga. Blago’s attorney Sam Adam, Jr. attempted to play up that unsavory prospect after the verdict was read, asking "Is it worth it?" He also wouldn't commit to taking part in round two.

Despite Adam Jr.'s attempt to highlight the financial concerns, a new Time poll suggests that most Illinoisans want to see the former governor retried regardless of the cost.

The verdict was a major blow to U.S. Attorney Patrick Fitzgerald, who some critics say should have waited for more evidence before arresting Blagojevich and his brother.  At the time of the then-governor's arrest, the U.S. Attorney seemed confident in his case.  For the sake of reference, here is Fitzgerald's December 9, 2008 press conference announcing that federal agents had taken Blagojevich into custody and asserting that the charges would have "Lincoln rolling over in his grave.” It’s courtesy of CNN and Talking Points Memo:

After the verdict was read yesterday, a much more somber Fitzgerald greeted reporters at the Dirksen Federal Building:

The former governor appeared to feel vindicated after the verdict, even though he was convicted of giving false statements to federal agents. That felony comes with a maximum jail time of five years. We were there for his reaction to the verdict yesterday:

The jury was hung on all of the counts facing Rod's brother, Robert. According to news reports, Blago and his brother can thank a lone, unidentified female juror for the fact that he is not facing more jail time. Here is more from the jury courtesy of ABC 7's coverage of the verdict:

In the meantime, Illinois Democrats are looking to disconnect from the Blagojevich saga because they worry it will adversely affect their fall campaigns. Ironically, today is Democrat Day at the Illinois State Fair and legislators and other candidates are using the opportunity to distance themselves from the former governor. They are eager to remind voters they forced Blagojevich out of office via impeachment.

There is no word yet on when Blagojevich will be sentenced for the sole count for which he was convicted.