Tuesday, September 02, 2008
Politicians - John Edwards
With John Edwards, if it's not one thing, it's another.
His other problem probably caused this to be missed by most...
His other problem probably caused this to be missed by most...
But, Andy Soltis got it in the New York Post:
"The populist candidate - who has denounced such lenders - invested $16 million of his $30 million in assets in Fortress Investment Group. The Wall Street Journal reported that 34 New Orleans homeowners struggling to overcome Katrina's aftermath faced foreclosure suits from subprime-lending units of Fortress.
Yesterday, the red-faced Democratic candidate vowed to remove from his portfolio any Fortress funds that have a stake in those lender units."