One of the worst things that can happen to anyone is to lose your home by foreclosure.
Tim Russert brought up Edwards' 2005 and 2006 work as a consultant for Fortress Investment, which owns several subprime lending firms, during Tuesday's Democratic debate in New Hampshire.
But like a kid caught shoplifting, Edwards--who has been critical of subprime lenders--brought up the "good things" he has done over the years.
But the Des Moines Register discovered Wednesday that 107 Iowa howeowners had their dwellings foreclosed by lenders owned by Fortress.
From the Register:
Fortress foreclosures have occurred in other states, but the Iowa cases bring Edwards' tie to subprime lending to the leadoff presidential nominating state, where he has staked his political future.
Most Iowa Democratic activists interviewed by The Des Moines Register say the foreclosures by themselves do not undermine Edwards' anti-poverty message. However, some say he should have known that his tie to Fortress, which paid him $479,500 for 14 months of work, would be scrutinized in the campaign.
Some former Edwards supporters in Iowa say the Fortress link is another reminder of his personal activities and opulent lifestyle, which they find troubling.
John Edwards just can't stay out of trouble. Of course he puts himself in troublesome situations.
Related post:
John Edwards wakes up to Wal-Mart nightmare
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politics 
2008 
election 
John Edwards 
Democrats 
Iowa 
subprime 
real estate
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