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Clinton Fundraiser Norman Hsu Indicted By Grand Jury On 15 Counts

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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:34 AM
Original message
Clinton Fundraiser Norman Hsu Indicted By Grand Jury On 15 Counts


In the 15-count indictment returned in U.S. District Court in Manhattan, the government accused the 56-year-old clothing-industry entrepreneur of duping investors nationwide with a massive Ponzi scheme.

Hsu's work on Clinton's behalf has been an embarrassment for her presidential campaign, which has returned more than $800,000 to donors whose contributions were linked to him.

http://www.huffingtonpost.com/huff-wires/20071204/democratic-fundraiser/

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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:35 AM
Response to Original message
1. Just a little something for those of you suddenly "concerned" about Rezko
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:37 AM
Response to Reply #1
3. So there was or was not a real estate deal at a discount ? - not quite the same thing
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:34 AM
Response to Reply #3
9. You keep saying that - I don't think that means what you think it means.
15% off list is not a deep discount. It's very average. Especially if it's a buyer's market.

They want 2 mil. You offer 1.5 mil. Settle on 1.65, which is what the target was in the first place.

You never bought/sold a property?
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 02:39 AM
Response to Reply #9
11. It was not a buyers market in 2005 - the side yard was purchased for the asking price by Rezko
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 03:21 AM
Response to Reply #11
15. And?
That was between Rezko and the owner. Just as Obama's purchase was between Obama and the owner.

Do you know for sure what was or was not a buyers market in 05? People were already talking about the real-estate bubble then - so obviously some places were not booming. Do you know what constitutes a buyers market in Chicago for $2mil properties? You have stats on what Chicago was like? Or are you just blowing smoke?

You keep trying to make something of this, which is nothing.

Face it, you do this because you can't attack his corporatism, his right-leaning centrism, or his appeal to the DLC wing -- because those are all properties shared by your own candidate.
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:00 PM
Response to Reply #15
17. My family owns real estate in Chicago - check out the data if you like.
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:37 AM
Response to Original message
2. He also raised cash for Obama
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Bicoastal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:38 AM
Response to Original message
4. I was WONDERING when this guy's name would come up again....nt
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Catherine Vincent Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 12:38 AM
Response to Original message
5. What a wimpy looking guy! nt
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1corona4u Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:00 AM
Response to Original message
6. Your title should read "former Clinton fundraiser"...
to be factually accurate.
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MagsDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:02 AM
Response to Original message
7. So what?
Every politician has crooked supporters. She didn't buddy up to the guy for 18 years and then pretend she didn't even know him, which is what Obama has done. It's the dishonestly, stupid.
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:06 AM
Response to Reply #7
8. Hsu gave $2,000 to Obama. Obama tied to another corrupt person?
Is the OP's point that we should vote for Edwards? ;)
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 02:49 AM
Response to Reply #8
12. Let's see: $2,000 to Obama. $800,000 and a relationship with Clinton
He was one of 15 top "Hillraisers".
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 03:03 AM
Response to Reply #12
14. I just posted because of the other slime threads, actually sorry I did
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 11:11 AM
Response to Reply #12
16. $0 to Edwards
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 01:45 AM
Response to Original message
10. Sentenced to 3 years, Jan 5
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-25-08 02:51 AM
Response to Original message
13. I just thought of one good reason to have a Clinton back in the White House.
Justice will be swift if the Executive Office takes on the same liberties as the present White House is doing.
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PervezClinton Donating Member (123 posts) Send PM | Profile | Ignore Sat Jan-26-08 02:43 AM
Response to Original message
18. Now, sugarcakes, you cain't go mentioning these sorts of unmentionables. Bill will weep.
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DiamondJay Donating Member (484 posts) Send PM | Profile | Ignore Sat Jan-26-08 02:46 AM
Response to Original message
19. WHO CARES????
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