Tag Archives: Chicago

What do we have here? Obama fought for loose mortgage lending

Barack Obama had a hand in the housing bubble.  According to the Daily Caller: President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186…

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Transparancy – not for Obama’s friends

http://newsblogs.chicagotribun… Mayor Richard Daley said today Chicago has compiled a wish list of “shovel-ready projects” to spend federal economic stimulus funds on should Congress approve a plan. Unlike hundreds of other cities, however, Daley said Chicago won’t make its list public.

Later, Daley was asked why he wasn’t being more transparent. “Read some of your newspapers. Heh heh,” he replied.…

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Blago Appoints Senator… Constitutional Crisis?

Blagojevich appoints Obama Senate successor

Senate Democratic leadership: Appointment ‘will ultimately not stand’ msnbc.com staff and news service reports

updated 7:41 p.m. ET, Tues., Dec. 30, 2008 Defying U.S. Senate leaders and his own state’s lawmakers, Gov. Rod Blagojevich on Tuesday appointed former Illinois Attorney General Roland Burris to replace President-elect Barack Obama in the U.S. Senate. Blagojevich, accused of…

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Chicago Sun Times: Emanuel – Blago direct talks.

Emanuel talked directly to gov: source DEEPER ROLE?

December 18, 2008 BY NATASHA KORECKI Federal Courts Reporter nkorecki@suntimes.com President-elect Barack Obama’s incoming chief of staff Rahm Emanuel had a deeper involvement in pressing for a U.S. Senate seat appointment than previously reported, the Sun-Times has learned. Emanuel had direct discussions about the seat with Gov. Blagojevich, who is is accused…

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Patrick Fitzgerald, Tony Rezko, Barack Obama, Alexi Giannoulias, The Cross Roads Fund

The midnight oil in US Attorney Patrick Fitzgerald’s office has burning long into these many nights. Tony Rezko, the just convicted Chicago developer, money-mover, financier, and friend to specific politicians was jut about to be sentenced last week to a lengthy federal prison sentence. Prior to sentencing, Rezko had sent a thinly veiled plea to the federal judge that in…

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