In 2004, Republicans saw Barack Obama coming. His first big step toward the presidency was his run that year for the Senate seat then held by Pete Fitzgerald, R-Ill. Their odds of keeping the seat were slim, but the decaying state Republican Party thought they at least had a good candidate at the time — Jack Ryan, who shared Obama’s relative youth, good looks, and Harvard education.
Ryan had retired in 2000, at age 42, from Goldman Sachs to teach at a predominantly black Catholic school on Chicago’s South Side. He was intelligent and had a very strong resume, and enjoyed backing from all the relevant corners of the party. He won the GOP nomination in March 2004.
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