Sunday, February 10, 2008

Audio: Terry McAuliffe pressed about shady land dealings

Kick back, sit back, listen and enjoy! My interview with Terry McAuliffe from February of 2007.
It's one of my fondest moments from 540WFLA. Some people described it as an AMBUSH!
Listen HERE.

Orlando radio talk show host Pat Campbell had the chance to interview former DNC chairman Terry McAuliffe and current failure who is now working on Hillary Clinton’s presidential campaign. Pat immediately pressed Terry, who claims to be a Catholic, but is very pro-abortion. The best part of the interview, though, was Pat trying to get to the bottom of a land deal where McAuliffe invested $100 and got back $2.45 million.

Byron York writes:
In one deal, McAuliffe and the fund officials created a partnership to buy a large block of commercial real estate in Florida. McAuliffe put up $100 for the purchase, while the pension fund put up $39 million. Yet McAuliffe got a 50-percent interest in the deal; he eventually walked away with $2.45 million from his original $100 investment. In another instance, the pension fund loaned McAuliffe more than $6 million for a real-estate development, only to find that McAuliffe was unable to make payments for nearly five years. In the end, the pension fund lost some of its money, McAuliffe moved on to his next deal, and fund officials found themselves facing the Labor Department’s questions.

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