Sunday, November 02, 2008

Whistle Blower Ken Conner Says Obamas' Mansion Appraisal Should Be Revealed

On October 18th I found a story about a whistle blower charging funny business by the bank that gave Mrs. Tony Rezko a mortgage on the lot next to Senator Barack Obama's mansion.

The source of the story was a wrongful termination suit by former Mutual Bank employee Kenneth J. Conner.

The strange thing is that it didn't make the print edition of either of the Chicago newspapers, even though the suit revealed--for the first time--the delivery of a subpoena to Mutual Bank about the deal.

Conner reveals for the first time in his press release below that he has met with the FBI.

Conner has just sent out the following press release, which I have pleased to be able to share with you:

Obama called on to release Mansion Appraisal

Barack Obama’s house appraisal is absent among the hundreds of pages of “house” and “strip” document PDFs disclosed via the Obama website since the summer, suggesting a desire of Barack Obama to hide the appraisal’s contents from American voters, the US Senate Select Committee on Ethics, investigative journalists, and/or criminal investigators.

Obama’s purchase transpired on the same day Rita Rezko, wife of multiple felon Tony Rezko, bought land next door to the Obama mansion from a common seller.

Kenneth J. Conner (see Kenneth J. Conner v Mutual Bank) determined the Rezko land to be worth $500,000 at most, rather than a refuted appraisal figure and asking price of $625,000.

Rezko paid asking price of $625,000.

Obama purchased the adjacent mansion for $300,000 below asking price.

Widespread public assessment continues as to whether Barack H. Obama received a gift, payoff, bribe, or kickback from Tony Rezko by way of the Greenwood Avenue, Chicago real estate deals.

Mr. Conner has met with FBI agents interested in whether the Greenwood deals accomplished such an arrangement. Mr. Conner told the FBI and continues to believe that, unless Rezko and Obama overpaid in aggregate—which seems unlikely—Barack Obama did apparently receive a gift [he also used stronger words which I am omitting] amounting to $125,000.

Release of the full Obama house appraisal is needed for Mr. Conner’s wrongful termination suit.

Mr. Conner issues this communication in order to induce public pressure on Barack Obama to release the appraisal before he may assume the Powers of the President of the United States.

Kenneth J. Conner, real estate analyst, may be contacted at 630/947-4727.
Published first on McHenry County Blog.


Anonymous,  12:08 PM  

It is amazing that the media will go to whatever lengths to elect Obama. There is no ethics with this pro-Obama media.

Obama needs more analysis on him.

This is bad and we should know.

Anonymous,  4:40 PM  

don't blaspheme Obama, he can do no wrong, he is our Messiah

Dies Irae Requiem for Country if Obama wins,  5:14 PM  

The day of wrath, that day
which will reduce the world to ashes,
as foretold by David and the Sybil.

What terror there will be,
when the Lord will come
to judge all rigorously!

The trumpet, scattering a wondrous sound
among the graves of all the lands,
will assemble all before the Throne.

Death and Nature will be astounded
when they see a creature rise again
to answer to the Judge.

The book will be brought forth
in which all deeds are noted,
for which humanity will answer.

When the judge will be seated,
all that is hidden will appear,
and nothing will go unpunished.

Alas, what will I then say?
To what advocate shall I appeal,
when even the just tremble?

O king of redoutable majesty,
who freely saves the elect,
save me, o fount of piety!

Remember, merciful Jesus,
that I am the cause of your journey,
do not lose me on that day.

You wearied yourself in finding me.
You have redeemed me through the cross.
Let not such great efforts be in vain.

O judge of vengeance, justly
make a gift of your forgiveness
before the day of reckoning.

I lament like a guilty one.
My faults cause me to blush,
I beg you, spare me.

You who have absolved Mary,
and have heard the thief’s prayer,
have also given me hope.

My prayers are not worthy,
but you, o Good One, please grant freely
that I do not burn in the eternal fire.

Give me a place among the sheep,
separate me from the goats
by placing me at your right.

Having destroyed the accursed,
condemned them to the fierce flames,
Count me among the blessed.

I prostrate myself, supplicating,
my heart in ashes, repentant;
take good care of my last moment!

That tearful day,
when from the ashes shall rise again

sinful man to be judged.
Therefore pardon him, o God.

Merciful Lord Jesus,
give them rest.


It really should be in Latin
Mozart preffered but Gregorian Chant, Palestrina, or Victoria also good

Joel,  10:38 PM  

The American Public has a right to know about the full extent of Rezko and Obama BEFORE the election. The media has been irresponsible in this.
I remember the 1998 election where US Attorney Scott Lassar said that George Ryan was not a target (even though he was and he was later indicted. If the truth came out we would of had a more honest governor in Glenn Poshard.

steve schnorf 12:13 AM  

Is Mr Conner a MAI?

Cal Skinner 11:04 AM  

As I understand it, Steve, he is not an MAI but was charged by his bank with evaluating appraisals. He says the appraisal on the empty lot was taken out of the file.

I lost your email in changing providers. Mine is in the top article on McHenry County Blog.

Neal,  8:32 PM  

I don't get it. The allegation is that Rezko's wife paid the seller's asking price which was allegedly $125K more than true value for the lot and that the Obama's paid $300k less than asking on their house. The Obamas paid $1.32 million and financed through Northern Trust. The Rezkos financed through Mutual Bank. (See 11-1-07 Chicago Tribune article by David Jackson) For argument's sake lets just say it was a shady deal, the $125K does not cover the $300k discount. Why would the seller do this? In addition, the Obamas purchased the 10 foot strip from Mrs. Rezko based upon the Rezkos allegedly inflated purchase price. The alleged gain to the Obamas disappears.
Conner also alleges in his complaint that he was fired for complaining that his appraisal was removed from the Rezko file before being sent to the FBI. Conner is not and has never been a certified appraiser in Illinois. Conner could have prepared his opinion evaluating the property but not a certified appraisal. In addition, the Obama appraisal would be irrelevant because it does not help prove any of Conner's allegations. One should also consider the timing of the suit. Anyone can file a lawsuit. it is proof of nothing, but the Court will decide.

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