9/13/2007
Bill-ary Kluck’s Presidential Campaign - Why We Can’t Trust Her
New details emerged yesterday about the finances of the mysterious Democratic fund-raiser Norman Hsu, with the revelation that a private equity fund representing about 100 investors in New York gave him $40 million this year for a loan pool he said would generate a high rate of return.
The investors were notified this week that their money might be in jeopardy, in light of disclosures that Mr. Hsu defrauded investors in a Ponzi scheme 16 years ago in California and faced accusations that he engaged in similar conduct more recently, a Manhattan lawyer for the fund said.
The lawyer, Seth Rosenberg, said that managers of the investment fund tried in recent days to cash checks from Mr. Hsu but that they were returned because of insufficient funds. The concerns about the fate of the investment were first reported yesterday by The Wall Street Journal.
September 14th, 2007 at 1:01 pm
The Clinton’s just can’t seem to find people who will fund them that aren’t crooked it would seem. These people are disgusting.