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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (335280)4/25/2007 1:23:03 PM
From: longnshort  Respond to of 1574124
 
Obama's friend
Democratic presidential candidate Barack Obama said he had no idea longtime friend and now-indicted fundraiser Antoin "Tony" Rezko was behind problem buildings in the South Side Chicago district that Mr. Obama once represented as a state senator.
"Should I have known these buildings were in a state of disrepair? My answer would be that it wasn't brought to my attention," Mr. Obama told newspapers Monday.
Mr. Rezko's Rezmar Corp. obtained millions in government funds to rehabilitate apartment buildings for the needy, the Associated Press reports.
Court and city documents show 30 of the apartment buildings owned and managed by Rezmar have since been subject to foreclosures, code violations and lawsuits filed by the city, the Chicago Sun-Times reported in its Monday editions. About a third of those 30 buildings were in Mr. Obama's Illinois Senate district.
"One of the perils of public life is that you end up being responsible for, or you're held responsible for, associations that you didn't necessarily know were a problem," Mr. Obama said.