My guess is that Gutierrez is a long shot. But appears he has no shot now, thanks to a Chicago Tribune report:
In Chicago, where a decade long building boom has reshaped neighborhoods, politicians have come to rely on real estate interests to donate to their campaigns. But the Democratic congressman's financial relationship with some contributors goes beyond campaign cash, according to records and interviews.
In half a dozen deals with campaign supporters since 2002, Gutierrez has made about $421,000 by investing his money in real estate deals and exiting a short time later.
The congressman says he made a profit in five of those deals but lost a small amount of money on the sixth.
Gutierrez said his real estate investments were appropriate and that he shared the same risk as any other investor.
"I don't believe in the stock market," Gutierrez said. "It always causes conflicts of interest."
And deals like this don't?
Gutierrez says there is no conflict of interest in regards to these deals, telling the Tribune that he doesn't interfere with zoning matters. Fair enough, the only zoning members members of Congress get involved with are inside the District of Columbia. But the Trib reported last October that Gutierrez wrote a letter to Mayor Richard M. Daley requesting support on a real estate deal involving a political donor.
That gets me thinking. (Yes conservatives do that.) Real estate, Chicago, politics...I wonder if Gutierrez has had any dealings with Tony Rezko?
Related posts:
Cong. Gutierrez got special real estate deal from Tony Rezko
Chicago TIF tiff
Technorati tags: real estate news illinois chicago Tony Rezko Luis Gutierrez Richard Daley
2 comments:
I wouldn't be surprised if
congressman Gutierrez had dealings
with Rezko. Pretty sure Obama had
dealings with Rezko too, and that
didn't seem to get as much media
coverage
You don't remember? Of course Luis was down with Rezko. BBL tonight with links for you.
Oh, here, dig while you wait:
http://therealbarackobama.wordpress.com/
Post a Comment