Free Republic

NEW YORK -(Dow Jones)- New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans. Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison. A lawyer for Nemazee didn't immediately respond to a request for comment. Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee, was initially charged criminally in August related...

WASHINGTON -- Iranian American supporters of the effort to bring democracy to Iran are raising concerns about the resurgence of Senator Kerry's campaign for the Democratic Party's presidential nomination, questioning the role of a Kerry fund-raiser who wants to normalize ties with Tehran. Hassan Nemazee, an Iranian American financier based in New York, was on the board of the American Iranian Council when that organization arranged for President Clinton's secretary of state, Madeleine Albright, to apologize for America's role in the 1953 coup that brought the Shah to power in Iran. Kerry’s campaign seemed in disarray after he fired his...

The Rockefellers and Iran: Jay Rockefeller’s Reversal and the Iranian-American LobbyBy Fedora In 1979, Rockefeller representatives launched an unsuccessful operation to lobby the Carter administration in support of the Shah of Iran, who was seeking safe haven in the wake of a coup by Islamic revolutionaries. Codenamed Project Alpha, the operation was spearheaded by Chase Manhattan Bank Chairman David Rockefeller and former Secretary of State Henry Kissinger, with support from oil lobby lawyer John McCloy. Although Project Alpha won the support of National Security Advisor Zbigniew Brzezinski, it met opposition from Secretary of State Cyrus Vance and failed to win...