Morning Rezko Reading

By Jennifer Parker

Feb 19, 2008 11:00am

The Chicago Tribune weighs in today with a deeper look at the controversial land deal Barack Obama entered into with since-indicted political fixer Tony Rezko.

Turns out before Obama bought the mansion (Rezko helped him by buying half the land), Obama took Rezko "on a tour of the premises to make sure it was a good deal, Obama’s campaign revealed Monday. Weeks after saying he’d answered all questions about his controversial dealings with the now-indicted Rezko, Obama released new details about their purchase of adjacent lots from the same seller on the same day. But the disclosures by Obama’s presidential campaign left unanswered questions and raised new ones."

Recall that Obama bought the house for $300,000 UNDER the listed asking price while at the same time Rezko bought the adjacent property for the full asking price — $625,000 — under Mrs. Rezko’s name.

Bloomberg News’ Tim Burger also takes a look at this today.

Burger’s take is a bit different, noting that the "couple who sold Barack Obama his Chicago home said the Illinois senator’s $1.65 million bid ‘was the best offer’ and they didn’t cut their asking price because a campaign donor bought their adjacent land, according to e-mails between Obama’s presidential campaign and the seller."

- jpt

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