“Cunningham staying mum on home deal”

The North County Times offers this report, which begins: “U.S. Rep. Randy “Duke” Cunningham still has no timetable for releasing information about his relationship with a Washington contractor who purchased the congressman’s Del Mar home in 2003 and shortly thereafter saw his company’s defense contracts soar.” Another snippet: “Cunningham has been under fire since a June 12 disclosure that Wade had purchased the congressman’s Del Mar home in December 2003 for $1.675 million and sold it less than a year later in October 2004 for $700,000 less than the purchase price. Around the same time, MZM reported that the value of its defense contracts had soared, its revenues had tripled and its number of employees had grown substantially.”

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