Did Edwards make yet ANOTHER mistake in the hedge-fund interview?

Remember the John Edwards "hedge fund" interview? In that interview, it was also reported that http://abcnews.go.com/Politics/WireStory?id=3152277&page=1

At the time, I thought, OK then, we'll find out in a week or so how much money he actually made. Today though, this report emerges: http://abcnews.go.com/Politics/Story?id=3165953&page=1

It seems that a whole host of current candidates, including Edwards, have decided to buck tradition and will decline to make their tax returns public on the expected date of May 15. Kudos to Obama, only he has committed to releasing his financial information.

The report also says

So does this mean we won't find out, after all, how much Edwards made at the hedge fund? And if it DOES mean that, this also means that Edwards KNEW during the now-notorious hedge fund interview that his statement to the effect that he would tell us soon how much he made there was quickly going become an "inoperative" one.

Either he did or did not reveal how much he made on Tueday in the financial disclosure forms.

Whether he's releasing his IRS returns is a completely different matter, and I don't think he ever said that he was going to do that on Tuesday.

Why try to spin this?

at that interview a week ago he gave an answer that basically meant, "I'll tell you in a week how much I made there" secretly knowing that before that week was up, he was going to back down from that statement, and keep his compensation secret after all? A little too clever by half, if it looks like what it looks like at this point.

Get all the unflattering information possible out ASAP so it can be promptly forgotten,

Don't leave people guessing.

without knowing the amount I can't say how big the range will be. But it will not be an exact amount.

I don't know what they are either, I think I remember they are very broad.

"broad" numbers.

Thanks for your vigilance, glass houses and all that.

MKJ

edit, forgot spell check.

Something like 10 to 25k 25k to 50k 50k to 100k 100k to 1 million that kind of thing.

Didn't ah tell y'all that ah worked in a hedge fund... FOR THE CHILDREN?

Now run 'long now 'n git off mah prop-a-teh, fo' I call mah se'cret suh-vis detail.

Scram! Scat!

n/t

From a May 10th article in the Washington Post:

EDWARDS SAYS HE DIDN'T KNOW
ABOUT SUBRIME PUSH

snip
--------------------------
Edwards said yesterday that he was unaware of the push by the firm, Fortress Investment Group, into subprime lending and wishes he had asked more questions before taking the job.

snip
--------------------------
Subprime loans are aimed at buyers with poor credit histories and charge higher rates because of the risks. Some loans carry fees and large rate increases that are hidden from a home buyer.

More information at this link: http://www.washingtonpost.com/wp-dyn/content/article/2007/05/10/AR2007051002277_pf.html

Edwards was a consultant for this hedgefund for a whole year and most likely earned a great deal of money. He also received some very large campaign contributions from this firm.

both the fact that Fortress was involved in subprime lending, and the fact that Edwards said he was unaware of it.

"Largely as a result of the rise in subprime lending and the cooling housing market, home foreclosure filings rose to 1.2 million in 2006, an increase of 42 percent. At the same time, the drop in value of subprime lenders has presented a buying opportunity for investors such as Fortress."

snip: "Edwards said yesterday that he recalls being told at the time of his hiring that some of Fortress's private equity holdings did lend to start-up businesses, which is why he asked about predatory lending practices. But he could not recall whether the firm's partners told him it had a major stake in Green Tree."

"Those are the things I remember," he said. "They may have told me more." Had he learned that Fortress owned a loan servicer with a history of predatory lending practices, he said, "I would have asked some very specific questions about it."

Sounds like Gonzales.

:eyes: