Monday, January 21, 2008

Charity to Benefit from Obama Predicament

Presidential candidate Barack Obama recently found himself in a prickly situation when his former Chicago friend and fund-raiser, Tony Rezko, pleaded not guilty to federal influence-peddling and bank fraud charges.  Obama's campaign had accepted several thousand of dollars from Rezko, but pledged to divest itself of the money by donating much of it charity.

For the entire story, go to "Obama to return Rezko-linked donations: $40,000 more will be donated to charities" in the January 20, 2008, Chicago Tribune.

DAB

http://lawprofessors.typepad.com/nonprofit/2008/01/charity-benefit.html

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