Howard Dean: Hard Work and Frugal Living?

[Jerseycoa]

These two published reports show variant stories of financial help Dean received from his family. I'm not concerned about his money. I am concerned how disparate reports so reliably appear on this potential Democratic nominee. Is there an explanation for this? Perhaps the earlier statement, which is a very direct statement, has been corrected at some point? Thank you for clarifying.


New York Magazine - 2/24/03

The Unlikely Rise of Howard Dean by Meryl Gordon

The Deans have a net worth of $4 million, according to tax returns: He says he received $25,000 from his father at age 21 and made the rest through work, prudent investments, and frugal living.

New York Times - 12/28/03

From Patrician Roots, Dean Set Path of Prickly Independence by Rick Lyman

All told, for instance, Dr. Dean's parents have given him and his family nearly $1 million in cash gifts over the last two decades, including a single gift of $200,000 in the early 1980's. And his wife's parents gave the couple $60,000 in 1985 to help them pay $161,700 in cash for the family's house on Burlington's south side, freeing the couple from monthly mortgage payments.

The Deans have amassed a nest egg of about $4 million, not including the value of their house, despite an annual income that has never exceeded $170,000. Some of it is in land — nearly $700,000 worth, plus the Burlington residence — but the remaining $3.24 million is in cash, bonds and a handful of conservative stocks.

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