This is interesting! Very long (13 pages!) and I don't expect everyone to read all of it. But interesting, for me, in a few different ways. Reassuring, too.
http://www.chicagotribune.com/news/politics/chi-obamafullwebmar16,0,7569169.story?page=1
A quick summary of the Rezko parts (my own words):
The Obamas decided to buy a house and put their condo on the market. Michelle looked at several houses and narrowed things down to 4-6 to look at with Barack. They found the house they currently live in, and liked it. They entered into a standard negotiation with the house's owners.
The Obamas' real estate agent was concerned that the asking price was too high -- there was evidently some concern about how much higher they wanted to go in their offers. At this point, Barack though of Tony Rezko, as an old friend and real estate developer who knew his stuff. At the time his problems hadn't really broken yet. There were evidently some rumblings but Rezko denied it and, based on their previous ~15 relationship, which had been straightforward and relaxed, without Rezko asking Obama for favors or anything, Obama believed him. He accepts responsibility for that.
At this point, Rezko became interested in the empty lot next door. This was for sale, but separately;
was not tied to the sale of the house in any way. Obama would have bought the house whether Rezko bought the neighboring lot or not.
Rezko, who is a developer after all, went ahead and purchased the neighboring lot, as a completely independent transaction. Obama was fine with that. The neighboring lot is evidently at the intersection of a fairly busy street -- Obama's lot/ house is one over from that. He liked the idea of more of a buffer from that intersection, more privacy.
Once these independent real estate deals took place -- Obama bought his house + lot, Rezko bought the empty lot, in separate deals (which the sellers confirm*, along with the fact that Obama didn't get a special or favorable price on the house) -- there was an issue with space for a playset/ swingset. Obama apparently pretty casually brought up the idea of buying a small swath from Rezko so there would be room for the playset. What happened then was a lot of t-crossing and i-dotting; lawyers were involved, blah blah blah, to make sure it was all fine and above-board.
As in, no special favors from Rezko, just a plain old above-board real-estate procedure with lots of oversight.
Obama does acknowledge that while it was above-board, the fact that he had any kind of a relationship with Rezko meant he should have been more careful. That's the "boneheaded" part, which he's said often.
*That was an interesting side-note -- the Trib seemed a little annoyed that he didn't just trot out the sellers earlier to put a lot of things to rest, and Obama pointed out that they valued their privacy and
Quote:I'm just saying that, if you're not running for president, dealing with the national press is not something that people really look forward to. For me, it's great.
:-) (I'd love to see the facial expression that went along with that.)
That quote came at the end of explaining the various things the sellers have had to deal with since they did come forward (their 10-year-old being called by the media on her cell phone, a reporter showing up at their house at 9:30 PM, etc.)
******
Anyway, that's a summary, one more thing I want to quote from the end (the interview didn't stick solely with Rezko stuff) :