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Chicago Tribune reports that Rezko raised $250,000 for Obama

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pathansen Donating Member (696 posts) Send PM | Profile | Ignore Fri Mar-14-08 08:32 PM
Original message
Chicago Tribune reports that Rezko raised $250,000 for Obama
Edited on Fri Mar-14-08 08:45 PM by pathansen
http://www.chicagotribune.com/news/politics/chi-obama-rezkomar15,0,2968927.story

Indicted Chicago businessman Antoin "Tony" Rezko was a more significant fundraiser for presidential candidate Barack Obama's earlier political campaigns than previously known. Rezko raised as much as $250,000 for the first three offices Obama sought, the senator told the Tribune on Friday.

Obama also said for the first time that his private real estate transactions with Rezko were not simply mistakes of judgment because Rezko was under grand jury investigation at the time of their 2005 and 2006 dealings. In addition, he said, "The mistake was he had been a contributor and somebody involved in politics."

In an extensive interview that he hoped would quell the lingering controversy over his relationship with Rezko, Obama said that voters concerned about his judgment should view it as "a mistake in not seeing the potential conflicts of interest."
But he added that voters should also "see somebody who is not engaged in any wrongdoing . . . and who they can trust."

Obama said that when he questioned Rezko about news reports of his questionable political dealings, his friend assured him there was nothing wrong. "My instinct was to believe him," he said.

Asked if he ever thought Rezko would expect something from their relationship, Obama was definitive. "No, precisely because I'd known him for years and he hadn't asked me for favors."

Since the Tribune in November 2006 revealed their personal financial dealings, Obama has called himself "boneheaded" for doing business with Rezko at a time when the Chicago dealmaker was widely reported to be under federal grand jury investigation.

The most vexing issue hits Obama right at home. The Obamas and the Rezkos bought adjacent South Side properties from the same seller on the same day in June 2005. They subsequently engaged in a series of private transactions to improve and re-divide their parcels, giving the Obamas a bigger yard and a buffer for their $1.65 million Georgian revival home.

Over the last year, Obama has been reluctant to discuss his dealings with Rezko. His efforts to deflect questions seemed successful until January, when Sen. Hillary Clinton effectively introduced Rezko to a national audience by invoking his name at a caustic Democratic debate in South Carolina.

On the eve of the crucial Ohio and Texas primaries earlier this month, Obama cut short a combative news conference in San Antonio when reporters peppered him with Rezko questions, saying such requests "can just go on forever."

Clinton faces her own set of unanswered questions—about her personal tax returns, her scheduling records as first lady and donations to the Clinton Presidential Library. But that doesn't negate the unease that even some Obama supporters have expressed about Obama's ties to Rezko.

Though Obama had insisted he has answered all inquiries, until Friday's interview his campaign's piecemeal written statements had left lingering uncertainties about whether the up-and-coming senator exchanged favors with the target of a federal probe.

The friendship between Obama and Rezko began in 1991, when Rezko was making his mark as a well-regarded, politically connected housing developer. Obama, a community organizer, won national recognition as the first black president of the Harvard Law Review, and Rezko offered Obama a job building inner-city homes with his Rezmar Corp. Though Obama declined, a friendship and political alliance began.

When Obama launched his bid for the Illinois Senate in 1995, Rezko was his first substantial contributor.


More at: http://www.chicagotribune.com/news/politics/chi-obama-rezkomar15,0,2968927.story
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tandem5 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:35 PM
Response to Original message
1. you're probably going to have to snip this article down to 4 paragraphs
to fit with the rules.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:35 PM
Response to Original message
2. "Obama said". He gave them an interview. It's out there. Nuff said. nt
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Freida5 Donating Member (649 posts) Send PM | Profile | Ignore Fri Mar-14-08 08:41 PM
Response to Reply #2
5. That is until we find out it was more than $250,000 or something else is exposed.
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pathansen Donating Member (696 posts) Send PM | Profile | Ignore Sat Mar-15-08 04:34 AM
Response to Reply #5
10. Yes, before this, Obama said he only raised $50,000-$60,000 for him
Source: Wikipedia
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anigbrowl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:37 PM
Response to Original message
3. You should cut this down
just for copyright reasons. But I'm glad you posted it all the same. I suspect this whole Rezko thing will just shrivel up and die as a news story, like it should have a long time ago.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:39 PM
Response to Original message
4. Hey Pat - Jackson Stephens bankrolled Clintons by the MILLIONS to deep-six BCCI matters for him and
and GHWBush and I will bet you were all over that with your outrage, eh?

I'll bet you were ESPECIALLY outraged after 9-11 and this Iraq war that were direct consequences of BCCI matters being swept under the oval office rug for BushInc throughout the 90s.

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 08:57 PM
Response to Reply #4
6. Do I hear 'crickets'? nt
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ossman Donating Member (883 posts) Send PM | Profile | Ignore Fri Mar-14-08 08:58 PM
Response to Original message
7. Hillary would never involve herself in a real estate scandal! Never!
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pathansen Donating Member (696 posts) Send PM | Profile | Ignore Sat Mar-15-08 08:30 AM
Response to Reply #7
15. This is fundraising that Obama lied about, not just a real estate deal
He said originally the amount was only around $50-$60,000.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 01:30 PM
Response to Reply #15
17. Do you have a number attached to the bankrollong of the Clintons careers in Arkansas by Stephens
who also underwrote Bill's primary campaign?

And who just happened to be the man who staked WalMart AND brought the terrorist bank BCCI into this country and whose criminal matters Stephens and his pal GHWBUsh would need deep-sixed by a Dem president throughout the 90s?

If Rezko outrages you, you must have blown a gasket over Stephens and how his operations led directly to 9-11.
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ctaylors6 Donating Member (362 posts) Send PM | Profile | Ignore Fri Mar-14-08 09:17 PM
Response to Original message
8. at least the story came out today when very few will even notice it
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Justice Is Comin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-14-08 09:23 PM
Response to Original message
9. Drip, drip, drip...
that uppity bastard is dirty up to his eyeballs.

And it will keep coming.
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Spider Jerusalem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 04:43 AM
Response to Reply #9
13. 'uppity bastard'....tell us how you REALLY feel.
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 04:38 AM
Response to Original message
11. Is this the third time or the fourth time Obama has been busted lying about this?
I lost track. It is clear from his repeated lies, both on his relationship and on the financial contributions from Rezko that Obama has something to hide. What the fuck is it? :scared:
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 04:40 AM
Response to Reply #11
12. Returning contributions is not lying. Saying you helped to create SCHIP when you didn't is lying. nt
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pathansen Donating Member (696 posts) Send PM | Profile | Ignore Sat Mar-15-08 09:28 AM
Response to Reply #12
16. Claiming that you only took $50,000 when you actually took $250,000 is lying
And he only returned a small amount of the contributions and it was after he got caught.
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Hope And Change Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 04:55 AM
Response to Original message
14. I love this pic...
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