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Edwards Linked to Katrina Foreclosures

Populist candidate has $16M invested in subprime lender

By Heather McPherson, Newser User

Posted Aug 17, 2007 7:21 AM CDT

(Newser) – John Edwards, who has railed against "shameful" subprime lenders on the campaign trail, has $16 million invested in a fund that has foreclosed on Katrina victims. A Wall Street Journal investigation has identified 34 New Orleans homeowners facing foreclosure suits from an arm of... Read full story »

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Edwards Linked to Katrina Foreclosures

Populist candidate has $16M invested in subprime lender

John Edwards • Hurricane Katrina • New Orleans • subprime mortgages • Fortress Investment Group • foreclosures

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