Obama Friend Rezko’s Wilmette mansion going on the auction block
Thursday, July 16th, 2009The sounds of Obama Fundraisers is fading
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Posts Tagged ‘Tony Rezko’Obama Friend Rezko’s Wilmette mansion going on the auction blockThursday, July 16th, 2009BY MAUDLYNE IHEJIRIKA, Chicago Suntimes
Once the site of fund-raisers for politicians including soon-to-be president Barack Obama and then-Gov. Rod Blagojevich, the Wilmette mansion of convicted businessman Tony Rezko is on the auction block.
Bank of America, the mortgage holder that won a foreclosure judgment on Rezko’s defaulted $5.9 million note in May, will auction the opulent, two-story, 8,400-square-foot home next month.
The home will go on the block Aug. 10 at Intercounty Judicial Sales in the Loop. A minimum sale price has not been set.
“We won’t know what the opening bid is going to be until a day or two before,” said Scott Jensen, an attorney with the Loop law firm of Murray Jensen & Wilson Ltd., which is representing the bank.
Rezko, a real estate developer and fast-food magnate, took out the loan for the home at 1250 Chestnut in Wilmette in September 2003.
In September 2006, the former Blagojevich adviser stopped paying the mortgage, Bank of America said.
BY MAUDLYNE IHEJIRIKA, Chicago Suntimes
Once the site of fund-raisers for politicians including soon-to-be president Barack Obama and then-Gov. Rod Blagojevich, the Wilmette mansion of convicted businessman Tony Rezko is on the auction block.
Bank of America, the mortgage holder that won a foreclosure judgment on Rezko’s defaulted $5.9 million note in May, will auction the opulent, two-story, 8,400-square-foot home next month.
The home will go on the block Aug. 10 at Intercounty Judicial Sales in the Loop. A minimum sale price has not been set.
“We won’t know what the opening bid is going to be until a day or two before,” said Scott Jensen, an attorney with the Loop law firm of Murray Jensen & Wilson Ltd., which is representing the bank.
Rezko, a real estate developer and fast-food magnate, took out the loan for the home at 1250 Chestnut in Wilmette in September 2003.
In September 2006, the former Blagojevich adviser stopped paying the mortgage, Bank of America said.
BY MAUDLYNE IHEJIRIKA, Chicago Suntimes
The sounds of Obama Fundraisers is fading Once the site of fund-raisers for politicians including soon-to-be president Barack Obama and then-Gov. Rod Blagojevich, the Wilmette mansion of convicted businessman Tony Rezko is on the auction block.
Bank of America, the mortgage holder that won a foreclosure judgment on Rezko’s defaulted $5.9 million note in May, will auction the opulent, two-story, 8,400-square-foot home next month.
The home will go on the block Aug. 10 at Intercounty Judicial Sales in the Loop. A minimum sale price has not been set.
“We won’t know what the opening bid is going to be until a day or two before,” said Scott Jensen, an attorney with the Loop law firm of Murray Jensen & Wilson Ltd., which is representing the bank.
Rezko, a real estate developer and fast-food magnate, took out the loan for the home at 1250 Chestnut in Wilmette in September 2003.
In September 2006, the former Blagojevich adviser stopped paying the mortgage, Bank of America said.
When Is a Lobbyist Not a Lobbyist?Friday, February 6th, 2009
By Andrew C. McCarthy, National Review ![]() Tony Rezko from friend to bonehead all in a days spin In Chicago, Barack Obama’s M.O. was to talk the talk of a reformer and walk the walk of an old-school machine politician. When he got called on it, he did what machine politicians do: He waxed eloquent about his commitment to transparency even as he stonewalled, obfuscated, and lied. That is how convicted fraudster Tony Rezko was transformed, before our very eyes, from a guy Obama barely knew to a contributor who may have helped Obama’s political campaigns, then to a bundler who’d actually raised more than $250,000 (some five times the amount claimed in Obama’s initial admission), to a developer who won contracts with Obama’s assistance, to a fixer who helped Obama buy a pricey home the future president couldn’t afford on his own—an ethical lapse Obama finally had to acknowledge was “boneheaded.” Embattled David Rubin Gave Thousands to ObamaWednesday, January 7th, 2009By Justin Rood, ABC News President-elect Barack Obama took big money from a man at the center of a federal probe that has forced one of Obama’s top Cabinet picks to withdraw. Financial records show the Obama campaign got more than $30,000 from California financier David Rubin, the target of an investigation into donations and possible “pay-to-play” deals involving New Mexico Gov. Bill Richardson, Obama’s pick for commerce secretary. Richardson removed himself from consideration for the post Sunday, saying the ongoing grand jury investigation threatened to hold up his confirmation. Richardson and Rubin have both denied any wrongdoing in the matter, which involved contributions and state business in 2003 and 2004. ABC Airs Great Report on Pay to PlayWednesday, January 7th, 2009
The only problem with the report is ABC forget to talk about Obama, an expert at these deals, just ask Tony Rezko. Did Saddam Bagman Help Obama Buy Mansion?Thursday, December 18th, 2008WorldNetDaily Just 23 days before a crooked fundraiser helped Sen. Barack Obama buy his Chicago mansion, a billionaire bagman for Saddam Hussein wired millions into the crook’s account. “Barack Obama appears to have personally benefited from funds originating in Saddam Hussein’s regime,” said Mideast expert Daniel Pipes. Former Iraqi official Nadhmi Auchi bankrolled his longtime friend and business partner, Syrian immigrant and Chicago slumlord Tony Rezko, who in turn bankrolled Obama’s political career before being convicted this year of fraud. Fitzgerald Renews Interest in Rezko-Obama DealTuesday, December 16th, 2008By Jerome R Corsi, WorldNetDaily Since arresting Illinois Gov. Rod Blagojevich, U.S. Attorney Patrick Fitzgerald has renewed interest in convicted fundraiser Tony Rezko’s part in the purchase of Barack Obama’s Chicago mansion, according to a former real estate analyst who says he was interviewed by the federal prosecutor in the past 10 days. Kenneth J. Conner told WND he was interviewed by investigators from Fitzgerald’s office regarding the purchase of the Obama mansion and the adjacent vacant lot that Rezko’s wife, Rita, purchased simultaneously. As WND reported last week, Connor filed a civil complaint in October with the Illinois Circuit Court in Cook County alleging he was fired by Mutual Bank of Harvey, Ill., because he objected to land appraisals submitted on behalf of the Rezkos and the Obamas, with the complicity of the bank. Connor previously confirmed to WND that he told the FBI, months ago, when he initially was fired, that the bank and the Rezkos were engaged in “fraud, bribes or kickbacks, use whatever term you want,” to benefit the Obamas. Rezko Sentencing May Be Delayed AgainFriday, December 12th, 2008By Jeff Coen Chicago Breaking News In a signal that the sentencing of convicted political fundraiser Antoin “Tony” Rezko could again be delayed in the midst of negotiations over his cooperation, the federal judge overseeing his case canceled deadlines for court filings today and set a status hearing for next week. U.S. District Judge Amy St. Eve was scheduled to sentence Rezko on Jan. 6. The complaint charging Gov. Rod Blagojevich this week made it clear that Rezko has been giving prosecutors damaging information about the governor’s involvement in pay-to-play schemes. Rezko’s lawyers had moved recently to set another sentencing date, citing his struggles in solitary confinement at the Metropolitan Correctional Center in downtown Chicago. Scandal Brings Rezko Back Into Public SpotlightThursday, December 11th, 2008By Bill Myers, DC Examiner The arrest of Illinois Gov. Rod Blagojevich has dragged presidential friend Antoin “Tony” Rezko back into the public spotlight. Rezko, a convicted fixer for Blagojevich, entered the national political spotlight last year when it emerged that he had helped broker a sweetheart real estate deal for Barack Obama’s stately home on Chicago’s South Side. Rezko’s name is prominent in charging documents filed in the Blagojevich case Monday. |