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Friendly Political Discussions - 'POL' Left, Right, or Center ~ You are All Welcome Here! So let’s hear your comments and opinions… Please be respectful to everybody . Political discussions tend to get heated and that is just fine, however, please remember to treat everybody with the same respect you expect.

 
 
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Old 10-04-2008, 11:05 PM
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Obama's Mortgage....SPINOFF

The other thread about Palin's Taxes was getting off topic, and close to 50 posts, so I figured I'd start a new thread for Obama's mortgage.

I know this is a blog, so therefore unreliable??? Anyway, there are lots of names and information that even tho it is/could be slanted, can be checked into.


Rezko Watch: Preliminary notes on the Obama mortgage

Wanted to add another link, with more "key players" in the mix.
http://www.strategypage.com/military.../89-63569.aspx
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Last edited by allinaugust; 10-04-2008 at 11:22 PM.
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Old 10-05-2008, 12:08 AM
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This Nadhmi Auchi sounds like an interesting guy:

Auchi was a member of the Baath Party in Iraq before Saddam Hussein came to power. While he denies any ties to Hussein's government, British media reports indicate he sold naval ships to Hussein’s government in the 1980s.

He is one of the largest shareholders in BNP Paribas, a French bank involved in the United Nations Oil-for-Food Programme for Iraq.

In 2003, Auchi was convicted of fraud, and given a 15 month suspended sentence and a £1.5m fine for taking illegal payments from French oil company Elf Aquitaine. Following the verdict, Elf (by now merged with TotalFina and re-named Total) decided to take legal action against Auchi in France; Auchi responded by suing Total for £200m in turn, this time in the UK.

In recent years he has entered into several partnerships with Chicago-area businessman Tony Rezko, effectively coming to his rescue as his various investment schemes began collapsing. Auchi bought about 15 of Rezko's pizzerias in Wisconsin, according to court records. In 2005 he took a stake in Rezko's South Loop development at Roosevelt Road and Clark Street, a deal estimated by observers familiar with the details at $170 million.

In 2008 Stuart Levine, the U.S. government's star witness in the corruption trial against Rezko, asserted that Barack Obama and his wife, Michelle, were among the guests at party in Auchi's honor that took place at Rezko's residence on 3 April 2004. While Obama has acknowledged his ties to Rezko, a spokesman said that the senator responded that "Sen. Obama does not recall meeting Nadhmi Auchi at any time or on any occasion, and this includes any event that may have been held for Mr. Auchi."

In 2008 The Times of London reported the discovery of state documents in Illinois recording that a Panamanian company by the name of Fintrade Services lent money to a funderaiser for Obama in 2005. Fintrade’s directors included Ibtisam Auchi, the name of Mr Auchi’s wife. Spokespeople declined to answer when questioned about whether he was linked to this business.

The Times also reported that Auchi's company loaned Tony Rezko $3.5 million three weeks before Rezko's lot and Obama's new home were purchased in 2005.


Nadhmi Auchi - Wikipedia, the free encyclopedia

And so the plot thickens. . .at least we know why Obama wanted to give the UN that $845 billion now.
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