When former North Carolina senator and Democratic presidential candidate John Edwards finally succeeded last month in selling his imposing Georgetown mansion for $5.2 million after it had languished on the market, the names of the buyers were not publicly disclosed.
At the time, Edwards's spokeswoman told reporters that the house had been sold to an unidentified corporation. In reality, the buyers were Paul and Terry Klaassen, according to several sources and confirmed by Edwards's spokeswoman yesterday. . .
[T]he Klaassens are currently cooperating with a government inquiry in connection with accounting practices and stock options exercised by them and other company insiders. They are also the focus of legal complaints by some of the same labor unions whose support Edwards has been assiduously courting for his presidential bid.
That's right, folks. John Edwards sold his house to some people who are under investigation. Well, they're cooperating with an investigation. But still. And, it's very important to note that "the Edwardses paid $3.8 million in 2002 for the six-bedroom Federal-style house once owned by socialite Polly Fritchey, and they did substantial renovations. The final sale price was half a million dollars below the asking price but still $1.4 million more than the Edwardses paid four years earlier."
"Well, here is this guy, Edwards, running for President, and you know, he's a trial lawyer. He's running around, suing corporations left and right for the mistakes people make. And, and, you know, he just, I mean, he sold his house to Paul and Terry Klaassen - I mean, these people were under investigation by the SEC and they bought Edwards house for a couple million more than he paid for it, you know? And, I just wonder if, if the people in the unions, they're being told to support Edwards, you know, I wonder if they know what kind of people the Klaassens are?"