McDonnell invested heavily as housing market tanked
Before the wedding gifts, the Rolex, the luxury clothing and the loans, there was the real estate bubble.
Gov. Bob McDonnell invested heavily in real estate in 2005, as property values were still rising, and in 2006 and early 2007, as they began to plummet.
Often with his sisters as partners, McDonnell bought stakes in four residential properties — two in Virginia Beach, one in Henrico County and one at the Wintergreen resort in Nelson County Read more [...]