NYT: Obama's Personal Finances Are Sound

[steven johnson]

Looks like the 'audacity of hope' for a sound financial future has panned out for Barack Obama.

By THE ASSOCIATED PRESS
Published: May 15, 2009
Filed at 5:39 p.m. ET

More Politics NewsWASHINGTON (AP) -- President Barack Obama's personal finances appear to be on sound footing even as the nation's economy struggles, a financial report he released Friday shows.

Obama and his wife Michelle have $1.4 million to $5.9 million in assets, not counting their Chicago home. Their holdings include up to $265,000 in checking accounts.

The president's new financial disclosure report mirrors one he filed a few months ago.

Much of the Obamas' wealth comes from the president's best-sellers. The books, ''Dreams from My Father'' and ''The Audacity of Hope,'' brought in about $2.5 million in royalties last year, according to tax returns Obama released last month.

Obama's Personal Finances Are Sound

[asphalt.jungle]

1. slight correction, it's an AP story, not NYT *eom

[steven johnson]

3. Sorry, it's on the NYT website.

[Arkana]

2. I'd bet anything that Ron Fournier wrote this.