"Kerry Loan to Campaign Questioned"

The Washington Times offers this report, which begins: " Sen. John Kerry was asked yesterday to make public all documents involving the emergency $6.4 million bank loan he secured on his Boston town house late last year to finance his then-sagging presidential campaign.
At issue is the Mellon Bank's $12.8 million appraisal of Mr. Kerry's house on Boston's Beacon Hill — substantially higher than the city's $6.95 million property-value assessment. That has raised questions from the Massachusetts Democrat's critics about whether he has loaned far more to his campaign than his assets justified and thus violated, or at least stretched, campaign-finance laws."

Posted by Rick Hasen at March 2, 2004 07:18 AM