Friday, August 17, 2007

It Figures...

Edwards Linked To Subprime Foreclosures

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.

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.
"I intend to help these people," he told the newspaper.



Blogger The Merry Widow said...

He should use his own money the slime!
Stirring up peoples hopes to buy a house when they have lousy money habits is as despicable as taking a toy from a baby! And as easy.
It's easy money to make on the backs and dreams of the least able to afford to lose anything!


3:08 PM  
Anonymous prairieson said...

I didn't think it was possible but Edwards has finally managed to stick all six feet into his mouth.

All of these Democratic candidates want the power and are willing to say anything to anyone to get it. But the sad truth is this: not a single one of the top three Democratic candidates should even be in Congress much less in the Oval Office. Hillary is dangerous and naive, Obama is dangerously naive, and Edwards is a sleazy snake oil salesman who makes Elmer Gantry look like a saint.


4:26 PM  
Blogger The Merry Widow said...

PS-She is worse than that, she is knowingly evil!


5:03 PM  
Blogger Russet Shadows said...

There is so much dirt on that unholy triumvirate of Edwards, Obama, and Hillary that you could build a mountain of it.

5:21 PM  
Blogger VerityINK said...

Isn't Edwards just dumb as a post???

5:24 PM  
Blogger The Merry Widow said...

Donal-You are insulting all good, hardworking posts everywhere! For shame!


6:10 AM  

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