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September 29, 2005

A Cool $5 Million

Real Estate Observer
by Matthew Schuerman

Caldwell is at it again, denying receiving Ratner funding, playing the race card and playing stupid:

“We have volunteers,” he said. “We haven’t been paid for the last 20 months. People don’t think that black people volunteer—I don’t know why—but we do have some people in the community who saw this as a good thing for the future and they are volunteering to make it happen."

“I've been working 18, 20 hours a day on this thing. I just have good credit. Like anybody else in this country, when I need money, I borrow it.”

As for the public relations firm that is representing them, Caldwell said he didn’t know who was paying them.

“The Terrie Williams Agency just called us up one day and said they would be doing our p.r.,” he said.

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Posted by lumi at September 29, 2005 10:32 PM