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Politics : John EDWARDS for President

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To: Ann Corrigan who wrote (1248)3/10/2004 2:23:00 PM
From: Bob  Read Replies (1) of 1381
 
Questions, questions about that loan:

"The reason the value of the house is so important is that his wife cannot make more than a $2,000 contribution to his campaign. If she pays off the loan, that is a $6 million contribution, which is against the law," Mr. Noble said.

At issue is the Mellon Bank's $12.8 million appraisal of Mr. Kerry's house on Boston's Beacon Hill — substantially higher than the city's $6.95 million property-value assessment. That has raised questions from the Massachusetts Democrat's critics about whether he has loaned far more to his campaign than his assets justified and thus violated, or at least stretched, campaign-finance laws.


washingtontimes.com
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