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Tv news bashing obama { February 2007 } Original Source Link: (May no longer be active)
http://www.wbbm780.com/pages/292937.php?contentType=4&contentId=366427http://www.wbbm780.com/pages/292937.php?contentType=4&contentId=366427
Posted: Thursday, 08 March 2007 4:00PM
Questions Surround Obama's Investments, Tickets
CHICAGO, Ill. (CBS/AP) -- Sen. Barack Obama is struggling with some ethical questions over personal investments, but says he was unaware of how the funds in question were used.
The presidential hopeful bought $50,000 in stocks from companies whose investors included some of his biggest political donors.
Obama said he thought his stocks were in a blind trust, to avoid any conflict of interest. At the end of 2005, he terminated the trust when he realized it was not blind.
Now, Obama says he plans to stick to mutual funds rather than individual stocks
"At no point did I know what stocks were held, and at no point did I direct how those stocks were invested," Obama said.
Meanwhile, officials say Obama got more than an education when he attended Harvard Law School in the late 1980s. He also got a healthy stack of unpaid parking tickets.
He shelled out $375 in January -- two weeks before he officially launched his presidential campaign -- to finally pay for 15 outstanding parking tickets and their associated late fees.
The story was first reported Wednesday by The Somerville News.
Obama received 17 parking tickets in Cambridge between 1988 and 1991, mostly for parking in a bus stop, parking without a resident permit and failing to pay the meter, records from the Cambridge Traffic, Parking and Transportation office show.
He incurred $140 in fines and $260 in late fees in Cambridge in all, but he paid $25 for two of the tickets in February 1990.
Jen Psaki, a spokeswoman for the Obama campaign, dismissed the tickets as not relevant.
"He didn't owe that much and what he did owe, he paid," Psaki said on Wednesday. "Many people have parking tickets and late fees. All the parking tickets and late fees were paid in full."
Copyright 2006, CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
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