(Continued from above ) - followup to marksgershensons 3-part post down below.
Rezko was not the only slumlord Obama helped get up and running as a private developer of low-income housing using Federal subsidized dollars :
VALERIE JARRETT - A friend and Senior Adviser to Obamas presidential campaign and a member of his Finance Committee. She also managed Grove Parc Plaza from 2001 until this winter and co-managed an even larger subsidized complex in Chicago that was SEIZED by the Federal Government in 2006, after city inspectors found widespread problems. Then there is this friend of OBAMA who profited from federal subsidies by serving as a slumlord.
ALLISON DAVIS - A friend and major fund-raiser for Obamas US Senate campaign and a former lead partner (Obamas boss) at his former law firm. Davis, a was involved in the creation of Grove Parc also, and received government subsidies to rehabilitate more than 1,500 units in Chicago, including a North Side building cited by city inspectors last year after chronic plumbing failures resulted in raw sewage spilling into several apartments.
Does that answer your question?
Here is the article that gets into the whole story if anyone is interested in reading about it:
FULL STORY: http://link.brightcove.com/services/link/bcpid1185143625/bctid1632758531
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