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DAN GILBERT AMONG FOUR IN $240,000 LOAN TO DISGRACED DETROIT MAYORSubmitted by Roldo on Fri, 10/30/2009 - 11:04.
Wonder if the Pee Dee will headline this story: Four billionaires have “loaned” $240,000 to the former disgrace Detroit Mayor Kwame Kilpatrick. One of them our casino king: Dan Gilbert.
The Pee Dee has been supporting in its news columns Gilbert’s desire for a monopoly casino in Cleveland, along with other cities. The vote Tuesday will decide. Issue 3.
The loan to the former mayor, who resigned in Sept. 2008, suggests that Gilbert will spread his money around. It makes you wonder what politicians he might be helping here. Jimmy Dimora, Frank Russo?
The loans have not been repaid.
Kilpatrick was sentenced to four months in jail. The charge was obstruction of justice. However, there were many other charges against him and his administration.
The “loan” was made, according to reports, as he left jail.
A link to the Detroit Free Press article is here: http://www.freep.com/article/20091029/NEWS01/91029066/1318/Kilpatrick-got-cash--loans-from-business-leaders
A link to another article (don’t let the link title fool you) on this matter can be found here:
http://palinyoubetcha2012.com/wordpress/?p=5876
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