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Tribune:Obama's using the lure of the pension funds/same employer that pays Michelle Obama a salary

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indimuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:12 PM
Original message
Tribune:Obama's using the lure of the pension funds/same employer that pays Michelle Obama a salary
Edited on Mon Apr-07-08 05:16 PM by indimuse
This is worth the read..I'm only posting a fraction of what the article reads. I must say..probably the most detailed yet.


This part of the scheme also opens up several subplots. The person responsible for working out the details for the kickback on the Mercy proposal was Jacob Kiferbaum.

Kiferbaum was the builder hired by Mercy to construct the new hospital. Levine told the jury about a long history of taking bribes from Kiferbaum, who would then pad his bills to hide the payments. He said the money would be passed through middlemen, such as John Glennon, a prominent Republican insider, who had served on a pension board with Levine.

The new hospital was never built after details about the crimes became known. Kiferbaum has pleaded guilty in the case and is cooperating with the Feds.

When referring to the fact that Obama's name shows up in the email exchanges as reviewing the recommendations to appoint Levine and the others to the Planning Board, the media is always careful to mention that Obama is not accused of anything.

However, on March 14, 2008, during an interview with the Tribune, Obama was finally asked directly: "Did you have discussions with him about either recommendations that you sought for people or recommendations that he was making?"

"I did not have any formal discussions with Tony," Obama said, "beyond one individual, and that was Dr. Eric Whitaker, who ultimately became the head of the Illinois Department of Public Health and who had been a longtime friend of mine, who I had known since he was getting his master's at Harvard and I was at the law school there."

"He had expressed an interest in that post," Obama informed the Tribune.

"I think he had applied separately," Obama said, "but I don't recall whether I called Tony or he called me."

"And I simply said, 'I think this guy is outstanding and is certainly somebody who is worthy of an interview,'" he added.

"And was it your understanding that Tony was going to effectuate that?" the Tribune asked.

"No," Obama said. "What I knew was, and I don't think this has been disputed, that he was one of a number of people within the Blagojevich circle who were, you know, helping to screen or interview potential candidates for administration posts."


The job Obama recommended for his friend paid about $150,000 a year. However, Eric Whitaker is now an executive vice-president of the University of Chicago Medical Center, according to the March 9, 2008, Sun-Times. That would be the same employer that pays Michelle Obama a salary of close to $350,000 as a vice president.

But Obama's using the lure of the pension funds to raise campaign money goes way back. In 1999, he "was instrumental in the formation of a coalition of black investment firm owners and legislators in Illinois to create an initiative that would award black-owned firms with the management of some of the state's retirement funds," according to a 2004 article on Black Enterprise.com.

"He's out there fighting for us," said John Rogers, chairman and CEO of Chicago-based Ariel Capital Management in the article. Rogers donated $9,000 to Obama's US Senate campaign.

"He was a catalyst to pull together to create the initiative to have these organizations let minority firms do business with state funds," said Lee Holland, managing partner and Chief Investment Officer of Holland Capital. Lee Holland, his wife and two of his partners donated $35,000 to Obama's US Senate campaign. In the October 1, 2007, New York Times, Christopher Drew and Raymond Hernandez reported that:

"Members of the group, the Alliance of Business Leaders and Entrepreneurs, say Mr. Obama checked into their problems and helped start a drive that enabled minority investment executives to win millions of dollars in business from the state's giant pension funds."

However, the Times pointed out that Obama's political career had benefited many times over from his ties to the group. "Several of the businessmen or their wives would help clear the debts from his Congressional race," the Times wrote, "and six of the group's members are now among the top fund-raisers for his presidential campaign, according to campaign finance records."


And from what I read...minority in Chicago...Doesn't ALWAYS mean Minority!

http://www.bestsyndication.com/?q=20080404_barack_obama.htm
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indimuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:40 PM
Response to Original message
1. !
!
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juajen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:42 PM
Response to Original message
2. There are too many roads leading from and to Obama.
Very interesting and provocative. How can anyone trust this man?
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indimuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:47 PM
Response to Reply #2
3. It's a No Brain-er...
and yet, so many fans willing to absolutely disconnect from reality when it comes to Rezko and Chicago Combine.
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Texas Hill Country Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:56 PM
Response to Reply #3
7. no, they think all of these things happen in a vacuum and that there is no larger context
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:49 PM
Response to Original message
4. REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRI
REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT REZKO WRIGHT
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indimuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:54 PM
Response to Reply #4
5. scared much??
won't go away cuz you want it to...no...it's just now starting to get JUICY!
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:55 PM
Response to Reply #5
6. That article is fact-light and innuendo-heavy
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indimuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 05:59 PM
Response to Reply #6
8. I would reverse and apply to yourself!
prove it! Those are Obama's words!
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 06:51 PM
Response to Reply #4
10. Quick! Somebody talk about Hillary! n/t
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 06:48 PM
Response to Original message
9. And from what I read...minority in Chicago...Doesn't ALWAYS mean Minority!
Could you expand on exactly what you meant by that statement?
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anamandujano Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-07-08 07:54 PM
Response to Original message
11. It reads as labyrinthian as Enron.
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