Posted on 08/17/2007 5:33:26 AM PDT by drpix
LONDON (CNNMoney.com) -- Democratic presidential contender John Edwards has investing ties to subprime lenders who are foreclosing on victims of Katrina, according to a report published Friday.
The Wall Street Journal said there are 34 homes in New Orleans that face foreclosure from the subprime unit of Fortress Investment Group. Edwards has about $16 million in Fortress (Charts), a hedge fund and private equity manager, the newspaper said.
Democratic presidential contender John Edwards has investing ties to subprime lenders.
Edwards, the former senator from North Carolina, has been a vocal critic of subprime lenders and told the Journal that he would assist homeowners in New Orleans who face foreclosure from businesses linked to Fortress or who have already lost their homes.
(Excerpt) Read more at money.cnn.com ...
The jobbernowl can’t seem to get anything right these days....perhaps he should let Liz handle the family finances. LOL
Edwards and Obama are both done. Hillary is locked in as the nominee. Which is good for us.
Women and children hardest hit.
Oops. Edwards finding himself in “the wrong America” yet again?
LOL of the day!
This guy is fading right before our eyes. It’s hard to believe he can have such a tin ear for how his ranting are going to come back to haunt him. Hillary and Osama Obama have stopped attacking him because it just gets in the way of him committing political suicide.
Be careful what you wish for.
JOHN EDWARDS IS THE BIGGEST HYPOCRITE IN THE HISTORY OF THE WORLD. PERIOD.
It's no wonder that some on the left are pushing for a government bailout.
I wonder how much of the investigation work was done by Hillary!s people? I bet they’ve been building files on all the candidates and using the info at appropriate tiems.
Just watch the scandals unfold against whoever the Republican nominee is for 2008.
He’s not just got $$ invested, he even worked for them last year, made $400/500K, he said he was learning about poverty LOL
Wrong. Both Obama and Edwards are lightweights who make major gaffs on a daily basis. Hillary for all her faults is a cold and calculating and not prone to make any serious gaffs in the campaign. The democrats may support Obama, but America is not ready for a president named "Barak Hussein Obama". Nor are Americans ready for a Girly-man president. If they are going to choose a woman for president they want her to be a strong woman and not some limp wristed girly-girl like Edwards.
Right now I'm praying for an Obama/Edwards ticket. Such a ticket would be likely to garner no more than about 35% of the vote.
You can’t insult the guy.
He cares about the poor.
There ARE two Americas.
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