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Just 11 months ago, Hassan Nemazee ranked as one of the Democratic Party's premier money men -- hosting a $28,500-a-head fundraiser in his luxurious home on New York's Upper East Side for Democratic presidential candidate Barack Obama. On Wednesday, Nemazee returned to the same $20 million Park Avenue apartment under house arrest, charged with lying about his assets in order to secure a $74 million loan from Citibank. He is required to wear an electronic security bracelet to ensure that he doesn't leave the building.

For your Saturday morning viewing enjoyment… The first clip is Stewart’s take on Dem fundraiser Hassan Nemazee, with the money quote from Joe Biden (“If I had my way, we’d be calling him Ambassador Nemazee”):

A Colorado man faces charges that he helped a wealthy Democratic fundraiser cheat banks out of hundreds of millions of dollars. Federal prosecutors said Friday that Shahin Kashanchi, of Telluride, provided fake documents that let his brother-in-law Hassan Nemazee defraud three banks of more than $290 million. Nemazee was the national finance chairman for Hillary Clinton's 2008 presidential campaign. He later raised money for Barack Obama.

Many of the fake documents used by a leading Democratic Party fund-raiser to defraud HSBC and Citigroup Inc were made by his brother-in-law, U.S. prosecutors said on Friday. Authorities arrested and charged Shahin Kashanchi, brother-in-law of indicted fund-raiser Hassan Nemazee, who donated to the presidential campaigns of Barack Obama, Hillary Clinton and other leading Democrats over the years. Nemazee pleaded not guilty on Wednesday in Manhattan federal court to defrauding a total of three banks -- Bank of America was the other -- out of $292 million in loan proceeds. "Based on e-mail traffic between Kashanchi and Nemazee, Kashanchi was...

NEW YORK (Reuters) - A fund-raiser for Barack Obama, Hillary Clinton and other Democrats who was charged last month with defrauding Citigroup Inc is being sued by HSBC for deceiving it into lending him $100 million. The lawsuit filed in New York State Supreme Court in early September accused private equity firm head Hassan Nemazee, 59, of engaging in an elaborate scheme to make HSBC Bank USA believe that its loan was secured by collateral in the form of U.S. Treasury Notes when it was not.

A fund-raiser for Barack Obama, Hillary Clinton and other Democrats who was charged last month with defrauding Citigroup Inc is being sued by HSBC for deceiving it into lending him $100 million. The lawsuit filed in New York State Supreme Court in early September accused private equity firm head Hassan Nemazee, 59, of engaging in an elaborate scheme to make HSBC Bank USA believe that its loan was secured by collateral in the form of U.S. Treasury Notes when it was not. Nemazee, who sits on the board of the Iranian American Political Action Committee, typically donates more than $100,000...

A prominent Democratic party fund-raiser for Barack Obama and Hillary Rodham Clinton was arrested in Manhattan on Tuesday and accused of trying to defraud Citibank of a $74 million loan, the United States Attorney’s office said. The fund-raiser, Hassan Nemazee, 59, had been a national finance chairman for Mrs. Clinton’s presidential campaign before raising more than $500,000 for Mr. Obama’s campaign after the Democratic National Convention last August. F.B.I. investigators found that Mr. Nemazee, a Park

NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday. The announcement follows last month's indictment of Nemazee, head of a private equity firm and an Iranian American Political Action Committee board member, on one count of defrauding Citigroup's Citibank.

NEW YORK (Reuters) - Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday. The announcement follows last month's indictment of Nemazee, head of a private equity firm and an Iranian American Political Action Committee board member, on one count of defrauding Citigroup's Citibank. The new indictment adds allegations that he defrauded two other banks, Bank of America and HSBC Bank USA, in a similar fashion by falsifying documents and signatures to...

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...

A fund-raiser for Barack Obama, Hillary Clinton and other Democrats who was charged last week with defrauding Citigroup also defrauded other banks, U.S. prosecutors said. The allegations against fund-raiser Hassan Nemazee—arrested last week on a bank fraud charge and released on $25 million bail—were not formal charges but were in a letter dated Tuesday from prosecutors to a Manhattan federal court magistrate judge handling the case. Nemazee, 59, head of a private equity firm, was accused on Aug. 25 of one count of bank fraud for seeking a fraudulent $74 million loan from Citigroup's banking unit. He said after his...

President Barack Obama and the Democratic National Committee on Thursday joined the growing group of politicians and committees pledging to return or donate to charity campaign contributions from Democratic moneyman Hassan Nemazee, who was arrested and charged Tuesday with trying to defraud Citibank of $74 million by offering fake collateral for a loan. But a DNC official stopped short of promising that Obama would give back or give away contributions from other donors that came through Nemazee through a process known as bundling that brought in more than $500,000 for Obama’s campaign. Instead, Obama, his inaugural committee and the DNC...

Amy Goodman of the Marxist Democracy Now! network reported yesterday on the arrest of a “leading Democratic donor” named Hassan Nemazee. Here is the story, in its entirety: Back in the United States, a leading Democratic donor has been arrested and charged with seeking to defraud the financial giant Citibank. Hassan Nemazee is accused of submitting forged documents to secure a $74 million loan. Nemazee has given at least $150,000 to the Democratic Senatorial Campaign Committee since 2006 and supported several other leading Democratic politicians. Not much to sink your teeth into there. Could it be that Goodman is downplaying...

Six Democratic members of Congress enjoyed a Caribbean junket sponsored by Citigroup after Congress had approved the $700 billion bailout of financial services firms in October. The National Legal and Policy Center, a watchdog group, has asked Neil Barofsky, the Special Inspector General for the Troubled Asset Relief Program, for a formal review of the Citigroup’s sponsorship of the trip by House Ways and Means Committee Chairman Charles Rangel and five others. The NLPC says the trip violated House rules. The purported purpose of the Nov. 6-9 junket was to attend the Caribbean Multi-Cultural Business Conference on the island of...

While much of Wall Street and the rest of the financial sector are finally seeing some sun, the storm clouds around Citigroup just don't seem to break. Last Friday, the company said it earned $3.4 billion in its second quarter. It was the second quarter in a row that Citi had announced a profit, after many critics said the company was done for. In a press release, Citigroup CEO Vikram Pandit triumphantly said, "Our financial results today reflect the incredibly dedicated efforts of all of our people around the world and their success in implementing our plan." But in the...

This is what Citibank SHOULD say to us. Not what they will say. It is very revealing: snip "First off, you just swapped your preferred shares for common stock. Right now it looks as if the exchange offer will wipe about 11 percent off the $25 billion the government invested for you in the preferreds that are being swapped, out of a total of $45 billion invested in Citi since the credit crisis began. And you’re losing the 5 percent dividend you were getting on that money. Common shares may be riskier investments than preferred stock. But hey, what’s life...

A wealthy investment banker and prominent fundraiser for President Barack Obama, Hillary Clinton and other top Democrats was arrested Tuesday on charges he lied to get a $74 million business loan that -- once confronted by authorities -- he hastily repaid. Prosecutors accused Hassan Nemazee of giving Citibank documents showing he owned millions of dollars in collateral. They said the documents were "fraudulent and forged." A Clinton spokesman didn't immediately return an e-mail message seeking comment. The chairman and chief executive of Manhattan-based Nemazee Capital Corp. served as national finance chairman for Hillary Clinton's presidential campaign in 2008, and later...

President Clinton reacts to applause as he finishes speaking to potential donors and Democratic National Committee members at a dinner in 1997 at the Mayflower Hotel in Washington. Hassan Nemazee, right, a lead Democratic fundraiser, was arrested on charges he fraudulently requested a loan from Citigroup. (AP Photo/Ruth Fremson)Hassan Nemazee, chairman of Nemazee Capital Corp. and a fundraiser for President Obama and Hillary Clinton, was arrested on charges that he tricked Citigroup Inc. into lending him as much as $74 million using phony documents. Nemazee got the loan by telling Citibank that he held accounts with hundreds of millions of...

Hassan Nemazee, a multimillionaire Iranian-American investment banker and top Democratic Party fundraiser, was arrested today by federal law enforcement authorities in New York City and charged with engaging in criminal fraud for his role in arranging a $74 million dollar loan from Citibank, Bloomberg reported. U.S. Attorney Prett Bharara in New York City and FBI investigators told Dow Jones Newswires the 59-year-old Namazee applied for the Citibank loans for Nemazee Capital Corp. by giving Citibank "numerous documents that purported to establish the existence of accounts in Nemazee's name at various financial institutions containing many hundreds of millions of dollars." According...

NEW YORK CITY (BNO NEWS) -- Hassan Nemazee, CEO of Nemazee Capital and former Finance Chairman to Hillary Clinton's presidential campaign, was arrested and charged with bank fraud on Tuesday, prosecutors said. According to officials, Nemazee engaged in a fraudulent scheme to induce Citibank to lend him up to $74 million based on false representations that he owned millions of dollars in collateral. Nemazee submitted numerous documents that purported to establish the existence of accounts in his name at various financial institutions containing many hundreds of millions of dollars. In fact, those were fraudulent and forged documents, according to the...

Name That Party: Alleged Fraudster Was Finance Chair for Hillary Clinton, John Kerry By Ken Shepherd Created 2009-08-25 13:53 Gabriel Malor at Ace of Spades HQ has a great "name that party" catch today [1]. Malor noted that at least three major news outlets all failed to note the high-powered Democratic Party ties of one Hassan Nemazee, a businessman arrested this morning on a charge of bank fraud against Citigroup: Do you know what's not in the CNN article [2]?* Or this Reuters one [3]? Or this AP one [4]? A crucial detail from Nemazee's bio: [5] National Finance Chair...

NEW YORK, Aug 25 (Reuters) - The U.S. attorney in New York on Tuesday charged a New York investor and major Democratic fund-raiser with a $74 million scheme to defraud Citigroup Inc (C.N). Hassan Nemazee, 59, was charged with one count of bank fraud, and faces up to 30 years in prison plus a fine. His lawyer Marc Mukasey, a former federal prosecutor, did not immediately return a call seeking comment. Nemazee was a national finance chair of U.S. Secretary of State Hillary Clinton's 2008 presidential campaign, and a supporter of John Kerry's run for the White House in 2004....

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 advisor who got Obama funding for his Harvard Education is named Dr. Khalid Abdullah Tario Al-Mansour. I believe there are two Khalid Abdulah's. I think the radical preacher Khalid al-Mansour is erroneous and not the individual Sutton was referring to. This is a short bio of the Khalid al-Mansour I believe to be correct. It make sense. http://www.abovetopsecret.com/forum/thread387366/pg1 Dr. Khalid Abdullah Tario Al-Mansour is an internationally acknowledged advisor to Heads of State and business leaders in Africa, Asia, the Middle East and North America. He has been actively involved in structuring investments and joint ventures worldwide for over 35...

With an endorsement of sorts from George Bush, Hillary has now rounded up about all the big names and moneybags in Washington politics. The President predicts she will get the Democratic nomination, and everything seems to be going her way. Never has the adjective "golden" found a more apposite noun to modify than "Ms. Clinton." The woman has always had an affinity for gold. You can trace her appetite for bling back to her Arkansas days, when she was a partner in the Rose Law Firm. Questions arose about her billing clients, which have not yet been satisfactorily answered. Nor...

Hillary's Mystery Money MenRuss Baker & Adam Federman Thu Oct 18, 2:04 PM ET The Nation -- In the Clintons' pursuit of power, there is no such thing as a strange bedfellow. One recently exposed inamorata was Norman Hsu, the mysterious businessman from Hong Kong who brought in $850,000 to Hillary Clinton's campaign before being unmasked as a fugitive. Her campaign dismissed Hsu as someone who'd slipped through the cracks of an otherwise unimpeachable system for vetting donors, and perhaps he was. The same cannot be said for the notorious financier Alan Quasha, whose involvement with Clinton is at least...

This is an overview of the emerging campaign finance scandal involving the Kerry campaign and lobbyists for the terror-supporting regime in Iran. At the center of the controversy is one Hassan Nemazee, listed as a Vice-Chair by the Kerry campaign, and identified by CBS News as having raised more than $500,000 for the campaign. Nemazee has served on the Board of the American Iranian Council, the Iranian American Political Action Committee (IAPAC), and the Asia Society, all of which favor negotiations with the mullahs' regime and eventual normalization of relations with Iran. A group of Iranian-Americans formed the Student Movement...

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...

After their bitter campaign 2004 experience with the Swift Boat Veterans for Truth, John Kerry and his fellow Dems aren't waiting to be shot at again.Yesterday, aides to Sens. Kerry, Hillary Clinton, Joe Biden and Ted Kennedy jumped all over literary mugger Jerome Corsi, co-author of the Kerry-bashing best seller "Unfit for Command." They knocked him to the ground and kicked him in the face (metaphorically, anyway) over his next Democrattrashing tome, "Atomic Iran: How the Terrorist Regime Bought the Bomb and American Politicians." The book - which Nashville's Cumberland House Publishing won't release till next month - claims Democratic...

Under oath, in a videotaped deposition obtained by WorldNetDaily, Sen. John Kerry's chief Iranian-American fund-raiser repudiated the presidential candidate's policy of accommodation toward Tehran, declaring the Islamic regime should not be trusted with nuclear materials. As WorldNetDaily previously reported exclusively, Hassan Nemazee, 54, a New York investment banker and former board member of a pro-Tehran lobby, delivered a one-hour deposition earlier this month in New York City in a $10 million defamation lawsuit against Aryo Pirouznia, leader of the Student Movement Coordination Committee for Democracy in Iran. WorldNetDaily has now obtained a copy of that videotape and is making it...

John Kerry says he likes multi-lateral solutions to international problems. He says it all the time. But does he mean it? Is this just political, election-year rhetoric? Or is it that he really just craves power and will say and do anything to achieve it? Let's take a crisis that could arguably be characterized as the most serious one facing the West today – terrorist Iran's efforts to build nuclear weapons.

On Monday, Oct. 18, 2004, Hassan Nemazee, an Iranian-American, one of John Kerry's top fund-raisers, was deposed in New York City. Under oath, Nemazee acknowledged that he has raised over $500,000 for the Kerry presidential campaign. Iran had slipped into the first presidential debate virtually unnoticed. Near the end of the debate, John Kerry restated his position that the United States should supply Iran with nuclear fuel. Kerry said: I think the United States should have offered the opportunity to provide the nuclear fuel, test them, see whether or not they were actually looking for it for peaceful purposes. Alarm...

Under oath, Sen. John Kerry's chief Iranian-American fund-raiser repudiated the presidential candidate's policy of accommodation toward Tehran, declaring the Islamic regime should not be trusted with nuclear materials. Hassan Nemazee, 54, a New York investment banker and former board member of a pro-Tehran lobby, delivered a one-hour deposition today in New York City in a $10 million defamation lawsuit against Aryo Pirouznia, leader of the Student Movement Coordination Committee for Democracy in Iraq. Nemazee charges Pirouznia with defamation of character for accusing him of being an Iranian government agent. In a countersuit, Pirouznia contends that supporters of the cleric-led regime...

In the first presidential debate, John Kerry made a little noticed statement affirming his intention to provide Iran with nuclear fuel. "I think the United States should have offered the opportunity to provide the nuclear fuel, test them, see whether or not they were actually looking for it for peaceful purposes." For those with a short memory, this was essentially the same policy the Clinton administration adopted toward North Korea – provide them nuclear fuel under the ridiculous assumption that Kim Jong II would only use the nuclear fuel for electricity. Hence, the growing nuclear arsenal being amassed in North...

The chairman of a pro-Iranian democracy group is charging that the campaign of Sen. John Kerry has been accepting political contributions from a lobbying group promoting the agenda of the mullah rulers of Iran. Aryo Pirouznia, leader of the Student Movement Coordination Committee for Democracy in Iraq (SMCCDI) says that backers of the regime in Tehran are channeling hundreds of thousands of dollars to the Kerry campaign. During a press conference in Washington on Thursday, Pirouznia identified several individuals who have close ties to the Democratic presidential candidate. The most prominent of them is Hassan Nemazee, a New York investment...

Hundreds of thousands of dollars have been given to Kerry from the pro-Iranian lobby, possibly influencing the presidential candidate's startling call to provide Tehran with the nuclear fuel it seeks, according to Iran's Student Movement Coordination Committee for Democracy chairman Aryo Pirouznia. With top Iranian officials openly calling for the development of nuclear weapons within the next four months and overwhelming intelligence indicating Iran is seeking to create a nuclear arsenal, Kerry has been insisting as president he would provide Tehran with nuclear fuel as long as it is used for peaceful purposes only, a position that has many Middle...

A pro-democracy Iranian group based in the United States accuses a top fund-raiser for Democrat presidential nominee John Kerry of aiding radical Iranian clerics. The Kerry fund-raiser is scheduled to be deposed in a civil lawsuit next week involving accusations that he has served as an agent for the Islamic government of Iran. A group of Iranian expatriates, Student Movement Coordinating Committee for Democracy in Iran (SMCCDI), and two American authors plan to hold a press conference this week to discuss the Iranian regime's influence on Sen. John Kerry's presidential campaign. The event will take place Thursday at the National...

With his presidential campaign faltering, the last thing Sen. John Kerry needs is publicity linking him to a dubious lawsuit filed by one of his top financial backers that seems intended to silence a prominent Iranian pro-democracy organization. But unfortunately for the Democratic presidential nominee, that's what's coming his way.     Back in April, Hassan Nemazee, who has raised more than $100,000 for Mr. Kerry's campaign, filed a $10 million lawsuit in a Texas court charging the Student Movement Coordination Committee for Democracy in Iran (SMCCDI) and its coordinator, Aryo Pirouznia, with libeling him by suggesting he is a supporter...

Among Sen. John Kerry's top fund-raisers are three Iranian-Americans who have been pushing for dramatic changes in U.S. policy toward the Islamic Republic of Iran. Most prominent among them is Hassan Nemazee, 54, an investment banker based in New York. Nominated to become U.S. ambassador to Argentina by President Bill Clinton in 1999, Nemazee eventually withdrew his nomination after a former partner raised allegations of business improprieties. Nemazee was a major Clinton donor, giving $80,000 to the Democratic National Committee (DNC) during the 1996 election cycle and attending at least one of the famous White House fund-raising coffees.

Kerry's main Iranian fund raiser sues SMCCDI SMCCDI (Announcement) April 29, 2004 " To sin by silence, when we should protest, makes cowards out of men. The human race has climbed on protest. Had no voice been raised against injustice, ignorance and lust, the inquisition yet would serve the law, and guillotines decide our least disputes. The few who dare, must speak and speak again, to right the wrongs of many..." - ( Ella Wheeler Wilcox ) The primary Iranian supporter of Senator John Kerry and a subject of many controversies, Hassan Nemazee, has sued the "Student Movement Coordination Committee...