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Message Subject United States of Chicago
Poster Handle Hard Eight
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The home and lot sales closed on June 15, 2005. A land trust controlled by the Obamas bought the house for $1.65 million, and the Obamas secured a $1.32 million mortgage from Northern Trust to complete that purchase. That same day, Rezko’s wife, Rita Rezko, bought the side lot for $625,000. A $37,000- a-year Cook County employee, she secured a $500,000 mortgage from Mutual Bank of Harvey.

The structure of this transaction begs the following question: What bank would lend a government employee who earns $37,000 per annum a $500,000 mortgage? What bank would assume such a risk?

It is noteworthy to mention that after Jarrett left Daley’s office she took Michelle Obama with her to the Chicago Housing Department to be her assistant. This coincided precisely with the time Obama was installed at Davis, Miner, Barnhill and Galland where he was writing the “bids” for Tony Rezko’s companies. Is it possible that these bids were coincidentally being approved by Jarrett and Michelle? Very curious…"
 
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