Transcript continued:

BLAGO: Hey, come on Rahm, let's not act like I'm a stranger here.

EMANUEL: Did I call you a stranger? If I thought you were a stranger, you think I'd be interrupting my important fucking business to take this fucking phone call?

BLAGO: Hey you don't have to get curt with me, Rahm.

EMANUEL: This isn't me being curt, Gov, this is me being fucking busy. Now what did you call about?

BLAGO: I'm just feeling you out, seeing if Valerie [Jarret] still wants that Senate seat, just wondering what kind of priority that is for the President-Elect.

EMANUEL: Actually, it's not a priority. Valerie's had second thoughts about the job.

BLAGO: What, she doesn't want it anymore?

EMANUEL: She's having second thoughts. You want more details, you ask her.

BLAGO: She won't take my calls.

EMANUEL: Big fucking surprise.

BLAGO: What's that supposed to mean?

EMANUEL: Um, I don't know, what's it supposed to mean governor? A.) You're a fucking crook. B.) You're a fucking asshole. C.) All of the above.

BLAGO: I'm clean Rahm, you know this. You think that fucking Fitzgerald would being twiddling his fucking thumbs if he had shit to go on?

EMANUEL: I gotta go, Gov. You appoint who you want, we really don't give a shit.

BLAGO: What if I appoint Valerie, what if she takes it?

EMANUEL: What do you want me to say? We'd appreciate it, I'm not gonna fucking kiss your ring over it.

BLAGO: "Appreciate it"? Come on, this is a senate seat we're talking about. It's worth a fuck of a lot more than appreciation.

EMANUEL: You asked us for a list, we gave you a fucking list, you want to make your own list then make your own fucking list. [Raising voice] But if you're asking for anything else from me, or Barack, or Valerie, then you can fucking stop talking right now Rod.

BLAGO: Wait a sec there Rahm. Wait just a fucking minute. Who are you to talk to me like that? I fucking made you.

EMANUEL: You made me? You made me? Tell me you're fucking joking.

BLAGO: No no no, you listen to me shit-face. You see this list I got, the names motherfucking Obama fucking wants for the Senate. I just ripped it in two. How you like that? Oops, Harris just dropped it in the shredder. Harris?

HARRIS (muffled): Yes sir?

BLAGO: Did you just drop that list in the shredder?

[Whirring, shredder noise]

HARRIS (muffled): I did.

EMANUEL: Do you have me on fucking speakerphone?

BLAGO: It's in the shredder, Rahm. The list is bye bye.

EMANUEL: Hold on a sec -- you got me on fucking speakerphone? Who the fuck do you think I am?

BLAGO: Who are you Rahm? Who are you? You're shit, you hear me? Don't come back to Chicago Rahm, it's not your town any more.

EMANUEL: Pick up the phone Rod.

BLAGO: I'll put someone in the senate who will fucking fuck you. I might even put myself in there, how you like that Rahm? How you gonna explain that to fucking Barack, every time he's gotta call me up for my fucking vote. He'd have to take my calls then, wouldn't he?

EMANUEL: [Screaming] I said pick up the FUCKING phone!

BLAGO: [Picks up phone, speakerphone off] I got your attention now, didn't I?

EMANUEL: Shut the fuck up and listen to me for one second Rod. And I want you to listen carefully, because this is the last time I'm ever going to talk to you. You are fucking dead to me. You been fucking dead to Barack since '06, now you're dead to me. Know what that means? That means you're dead to my people in Chicago, Daley on down, and all these friends you think you have aren't gonna touch you with a ten foot fucking pole.

BLAGO: Oh now you're the fucking Godfather? Fuck you.

EMANUEL: No fuck you. Fuck you. Fuck you.

BLAGO: Fuck you!

EMANUEL: Listen up asshole. The shit's gonna hit the fan, maybe tomorrow, maybe next month, and when Fitz finally brings down the hammer it's gonna be my name that's going through your head. You won't know the hows or the fucking whys, but it's gonna have my fucking fingerprints all over it. Have a great life fatso.

BLAGO: Hey fuck--

EMANUEL: [Click.]

End of conversation