Rezko-Obama 4-23-07 "EX-BOSS REZKO PARTNER"

Obama's ex-boss a Rezko partner
HOME BUILDERS Lawyer consulted on final Rezmar redevelopment
April 23, 2007
When Barack Obama took a job at a small Chicago law firm in 1993, the first name on the door of the firm was Allison S. Davis.
Five years later, having left his Davis Miner Barnhill & Galland firm, Davis invested in Antoin "Tony'' Rezko's final government-subsidized, low-income housing project, state records show, in a deal handled by Davis' former law firm.
Davis and Rezko also went into business together, building upscale homes in the booming Kenwood neighborhood where Davis lives. The legal work on those deals was also done by Davis' former law firm, where Obama was working.
Davis, 67, and Rezko are still business partners "in a technical sense,'' Davis said in an interview, though he added, "There's nothing going on in the last couple years.''
He said he didn't recall how or when he met Rezko, a businessman and political fund-raiser under indictment on federal charges that include demanding kickbacks from companies seeking state pension investments under Gov. Blagojevich.
While Davis was running the law firm, he was also a board member of the Woodlawn Preservation and Investment Corp., a not-for-profit company that hooked up with Rezko's Rezmar Corp. on tax-supported projects to rehabilitate apartments for low-income tenants. Davis' firm handled the legal work on those housing deals.
Davis has long been an influential member of the Woodlawn community just south of the University of Chicago. His father was the university's first African-American professor. Since 1991, Davis has been a member of the Chicago Plan Commission, appointed by Mayor Daley, a friend.
Four years ago, Blagojevich appointed Davis to the Illinois State Board of Investment, which controls state pension funds -- one of a series of appointments the governor made at Rezko's request.
Tim Novak