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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (409508)8/23/2008 7:26:08 PM
From: tejek  Read Replies (1) of 1576346
 
It was a shady deal. Even Obama has said he regreted it. Of course you wouldn't be let off by just saying you regretted something...

It wasn't a shady deal. There were two parcels. One had a house on it. The owner wanted to sell both preferably at the same time. Obama couldn't afford both so Rezko's wife bought the vacant parcel; Obama the house. Later, she sold Obama a piece of the parcel at a price above market. Then still later Rez.'s wife sold the remaining vacant parcel to someone else for a small profit.

The only impropriety in the whole deal had to do with Rezko being under investigation. Otherwise there was absolutely nothing wrong with the housing transaction. The only regret Obama had was doing the transaction with Rezko under investigation.

Now stop peddling GOP lies.
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