Flashback to 2005 When a Known Chicago Gangster Helped Obama Buy His First House
EXCERPT:
REPORTER (voice-over): "This is Senator Barack Obama's stately home, in a pricy Chicago neighborhood. Inside the iron fence that surrounds his home is a vacant lot that lies at the heart of the controversy over Obama's relationship with his friend and campaign contributor Tony Rezko. When Obama bought the home in 2005, the seller insisted that the House and the lot be sold at the same time, but Obama says he couldn't afford the lot. Here's the realtor for the seller talking about the Obamas."
UNKNOWN FEMALE: "They were not interested in the lot, at any point. It wasn't even on the table for them."
REPORTER: "That's where his longtime friend Rezko comes into the picture. In June 2005 Rezko's wife bought the lot for $625,000, full price, and on the same day, Obama bought his home for $1,650,000, 300,000 below asking price. At the time, it had been widely reported that Rezko was under scrutiny in various investigations for possible political corruption. Rezko was later indicted for bribery and fraud."




