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09-12-2007, 05:26 PM
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#1 (permalink)
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Iced Earth
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Hillary warned on Norman Hsu
(parts, changed to chronological order):
Confronted with the possibility that disgraced fundraiser Norman Hsu might be running an illicit investment scheme, Sen. Hillary Rodham Clinton's presidential campaign announced late Monday that it was returning $850,000 from 260 donors associated with Hsu.
Questions about Hsu were first raised in June by an Irvine businessman, Jack Cassidy, who contacted the Clinton campaign and party officials about his suspicions, which he had heard about through a friend.
"There is a significant probability that a man using the name of Norman Hsu is running a Ponzi scheme," Cassidy wrote to a California Democratic Party official on June 18 in an e-mail obtained by The Times. Describing the deal he understood Hsu was offering to investors, he wrote: "The math does not work!"
In an e-mail obtained by The Times, a Clinton campaign staffer told a California Democratic Party official in June that the businessman's concerns were unwarranted.
"I can tell you with 100 certainty that Norman Hsu is NOT involved in a ponzi scheme," wrote Samantha Wolf, who was a campaign finance director for the Western states."He is COMPLETELY legit."
In fact, Hsu was a fugitive wanted on a 15-year-old bench warrant stemming from an early 1990s investment fraud case.
On June 20, Cassidy sent an e-mail directly to Wolf.
"I am more than ever convinced that a man claiming to be a big fundraiser for Hillary Clinton is running a Ponzi scheme," he wrote. He said he feared that an associate "may lose her home" because of her participation in the scheme and cautioned Wolf that Hsu may be "using your good name in vane."
http://www.latimes.com/news/nationwo...itics-national
__________________
"Irving! Where are my maxipads?" - SOD
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09-12-2007, 05:53 PM
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#2 (permalink)
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Banned
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Oh the irony.
Let's see her explain her way out of this one. If memory serves, it was her shady investment dealings as an attorney that raised some questions about her husbands campaign finance up to and including some limited allegations of murder and racketeering because people suddenly "disappeared" when questioned about Whitewater when Bill took office.
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09-12-2007, 06:01 PM
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#3 (permalink)
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W.R.W
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What I find interesting is why no comments by Hillary herself. If this was a republican candidate the press would be all over him and they should be. If I remember correctly he campaigns along with Bills have always had allegations of campaign sheningans and shell games.
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09-12-2007, 06:13 PM
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#4 (permalink)
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Iced Earth
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Quote:
Originally Posted by Cow Pie
What I find interesting is why no comments by Hillary herself. If this was a republican candidate the press would be all over him and they should be. If I remember correctly he campaigns along with Bills have always had allegations of campaign sheningans and shell games.
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It is unusual how under reported this story is.
I posted a story before, his bundling is bogus too. So he gives her $850g, much of it believed to be his money (reimbursing donors and bypassing laws) for what? He is paying a lot and breaking the law, logical that he expects something in return.
__________________
"Irving! Where are my maxipads?" - SOD
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09-12-2007, 06:22 PM
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#5 (permalink)
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Banned
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Quote:
Originally Posted by cl****l
It is unusual how under reported this story is.
I posted a story before, his bundling is bogus too. So he gives her $850g, much of it believed to be his money (reimbursing donors and bypassing laws) for what? He is paying a lot and breaking the law, logical that he expects something in return.
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unusual? nothing unusual about under-reporting this. status quo.
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09-12-2007, 06:45 PM
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#6 (permalink)
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Red Belt
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Apparently possibly seeking gay sex in a bathroom is less important than corrupt financing.
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