Monday, April 30, 2012

Obama Linked Clout builder settles whistleblower suit for $6.4 million

The Chicago Sun-Times reports:
Walsh Construction — a behemoth builder of roads, bridges and buildings with long ties to the Daley family — has paid $6.4 million to settle a whistleblower lawsuit that accused the contractor of overcharging taxpayers on 11 federally subsidized housing projects, records show.

The projects, all in Chicago, involved some of the city’s most prominent developers of affordable housing. Among them: Leon D. Finney Jr., Allison Davis and Tony Rezko, the now-imprisoned political fixer.

President Barack Obama, while an Illinois state senator in 1998, even wrote a letter to city and state officials asking them to help finance one of the developments: the Cottage View Terrace apartments, built for low-income seniors by Rezko, who was an early Obama supporter and onetime campaign fund-raiser, and Davis, who was once Obama’s boss at a small Chicago law firm.
Yet, many in the media are more concerned with what's in Sarah Palin's garbage cans. You'll want to read the whole article.