Chicago

Obama Adviser Valerie Jarrett Earning Big Bucks on Chicago Real Estate

Politics pays, as usual

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Senior White House adviser and long-time Obama confidant Valerie Jarrett's role in a number of controversial Chicago housing developments has garnered her investments worth millions of dollars while highlighting the administration's extensive business ties to presidential donors.

Before joining the Obama administration in 2009, Jarrett was president and chief executive officer of the Habitat Company, a real estate development firm founded by major Democratic donor Daniel Levin. Before that, she served three years as commissioner of the Chicago Department of Planning and Development under Mayor Richard Daley.

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