Obama Donor Dr. Paul Ray,Rezko,and Cook County Hospital

The Chicago Sun-Times reports:

While on the county payroll, a top urologist at Cook County Hospital solicited nearly $1 million from drug companies over the last decade for his private foundation.

Dr. Paul S. Ray's pitch was that the money would go toward medical research and education.


But most of the money hasn't gone to health care at all. Instead, Ray invested it -- mostly in Tony Rezko.

Rezko is the convicted influence-peddler who had been a prodigious fund-raiser for politicians including Sen. Barack Obama, Gov. Blagojevich and the late Cook County Board President John Stroger, the ultimate boss of the county hospitals.

Ray had long worked with Stroger's godson, Orlando Jones, a top administrator at Cook County Hospital who became Stroger's chief of staff. Jones eventually left county government for a job with Rezko. Last September, after he had been questioned by the FBI, Jones committed suicide.

Ray set up the Paul S. Ray Urology Education and Research Foundation 16 years ago. It began investing with Rezko's companies in 2002, according to reports Ray filed with the Internal Revenue Service. The foundation invested $500,000 with Rezko Concessions, which operated Panda Express and Papa John's Pizza restaurants. It also put $100,000 into a proposed housing development Rezko unsuccessfully sought to build on a 62-acre site along the Chicago River in the South Loop.

Ray, 63, of Chicago, also invested his own money with Rezko, spending millions to buy real estate and Papa John's Pizza restaurants from Rezko.

You'll want to read more about this Obama donor.