New Questions on Obama House Deal

The Tribune tries to bury this radioactive Obama-Rezko story on a Friday night, tucking it in The Swamp:

Just weeks before Election Day, a former banker has filed a lawsuit in Cook County Circuit Court claiming he was fired for reporting to his bosses that there had been some shenanigans with the paperwork on a loan involving the purchase of Barack Obama’s South Side home and its neighboring lot.

Kenneth Conner claims in the suit that an appraisal found the vacant lot purchased by Obama fundraiser Antoin “Tony” Rezko was worth $125,000 less than the bank’s first appraisal. The Republican National Committee was peddling the suit today with the apparent hope that Conner’s allegation would lend credence to the suggestion Obama needed Rezko’s help to finance the purchase of the Kenwood home–something Obama has denied.

The suit also includes this intriguing assertion: The Rezko loan file was subpoenaed by a federal grand jury in Chicago, and when the bank responded to the subpoena the lower appraisal wasn’t included in the papers sent to federal investigators.

(And who helped Rezko, hmm?) Oh, and they are apparently being forced to cover this news by the RNC--gee we thought they were in the news business but I guess we were misinformed. It's One Media for The One. Perhaps this is why Barack and his campaign have been less than forthcoming with all the paperwork on his house purchase.

HT Reverse Spin, who has more on Mutual Bank. [I like this quote from No Quarter:

The real estate transaction involving Rita Rezko, the Obamas and Mutual Bank of Harvey is just the tip of the iceberg. Indeed, the Mutual Bank of Harvey seems to be at the center of all the corruption in Chicago. To quote former Donald Perillo, Chicago insurance mogul and son of the lawyer for Al Capone, in the Chicago Tribune article I cite above:

Donald Parrillo said he isn’t surprised to see Mahajan mix it up with politics and business. “He got that attitude from the Parrillo family,” the former alderman said. “He wanted to get in the game.”]

Related posts: Barry Obamski for President!!, Business as Usual Obama

Posts on the Mahajans (in relation to Governor Blagojevich and his wife and Rezko): Inconvenient Incarceration, Pattycake, Pattycake