Clintons 'REZKO' Problem?

While searching for a picture of the Clinton mansion to compare to Obama's I ran across this 1999 story from the NY Times:

 Financial Engineering in the Clinton House Deal

And while I admittedly do not understand the whole thing, it catches my attention and raises hypocrisy issues with the Clinton campaigns repeated bringing up of the Rezko non-issue.

The package that the cash-strapped First Family will use to buy a $1.7 million house in Chappaqua, N.Y., is a clever and unusual piece of financial engineering designed to avoid tax and other pitfalls, real estate and financial specialists said today.

The deal calls for Terry McAuliffe, President Clinton's chief political fund-raiser, to personally supply $1.35 million in collateral that the lender, Bankers Trust Private Banking, could seize should the Clintons fail to make payments on a house costing more than three times what a Presidential salary could support.

At this time the Clintons where:

$5.5 million in legal debts, a sum that far exceeds their assets of about $1.5 million.

thus making it hard to get a normal loan without having to disclose their financial details:

By putting up cash rather than making a guarantee or by co-signing, Mr. McAuliffe avoids either party's having to bare their financial souls. ''There's the ability to remain discreet,'' said Melissa Cohn, president of the Manhattan Mortgage Company. ''It saves them from any disclosure.''

McAuliffe of course being Hillary Clintons campaign chairman. The same McAullife who though McCain-Feingold was a dark time for the democratic party. The same McAuliffe who has had shady financial dealings that resulted in million dollar settlements. The same McAuliffe behind the Lincoln-Bedroom 'scandal'. The same McAuliffe who as campaign chairman, has no idea who Hsu is or where he came from, but accepted his $800,000+.

These people need 'vetted'.