Tuesday, December 09, 2008

The Rezko Land Deal

With the indictment of Democrat Governor Rod Blagojevich the Rezko deal with Mr. B. Obama is back to the front burner in terms of figuring out if the Smartest President Ever™ was involved in any of the corruption.

A former Illinois bank official, now claiming whistleblower status, says bank officials replaced a loan reappraisal that he prepared for a Chicago property that was purchased by the wife of now-convicted felon Tony Rezko, part of which was later sold to next-door neighbor Barack Obama.

In a complaint filed Thursday in the Circuit Court of Cook County, Kenneth J. Connor said that his reappraisal of Rita Rezko's property was replaced with a higher one and that he was fired when he questioned the document.

Mr. Connor, a real estate and commercial credit analyst at the Mutual Bank Corp. in Chicago, also noted in the complaint that the bank received a grand jury subpoena in October 2006 requiring it to produce information concerning Mrs. Rezko's purchase, including the bank's files on the property.

The complaint also said that the grand jury wanted information on Mrs. Rezko's checking account and loan file and that the Federal Deposit Insurance Corp. (FDIC) had audited the Rezko file - although Mr. Connor's lower reappraisal had been replaced with a higher amount.
Now what are the odds that the Smartest President Ever™ wasn't in the mix? Also note that one of the Smartest President Ever's™ union backers, the SEIU (Service Employees International Union), was involved in the corruption investigation.

H/T Instapundit

Cross Posted at Classical Values

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