Reply #210: Perhaps Rezko is a smart speculator

[George II]

After all, he knew Obama was going to buy the house next to that property. Obama was recognized as early as 2004 (a year before any negotiations or planned purchases) as an up-and-comer and was already mentioned as a future Presidential contender, and he was one of 100 United States Senators already. These factors alone, regardless of the future real estate market (property in a neighborhood like that don't drop in price during a downturn as much as run of the mill homes) would make this a very wise investment. The fact that now less than 2 years after the Rezkos bought it, it is on the market for well over $1M (and 1/6 the size!) proves that out!

I wish I was in on that deal!