Police are actively seeking this man, for further questioning:
Posted on 09/12/2007 4:30:21 AM PDT by libstripper
NEW YORK — The mystery of where a dirty Democratic fundraiser got the money to lead a lavish lifestyle, fund political campaigns and post a $2 million bond to get out of jail appears to have a Woodstock connection, according to a report published in Wednesday's Wall Street Journal.
The newspaper reports that a company run by Norman Hsu, who donated nearly $2 million to Democratic candidates since 2004 — including presidential hopeful Sen. Hillary Clinton — recently received $40 million from a Madison Avenue investment fund run by Joel Rosenman, one of the creators of the fabled Woodstock rock festival in 1969.
Now, that $40 million is missing, Rosenman reportedly told investors this week.
Hsu reportedly told Rosenman the funds provided by Source Financing Investors would be used to manufacture apparel in China for top designers such as Gucci and Prada, and would yield a 40 percent profit, according to documents examined by the newspaper.
Rosenman now says that when Source Financing tried to cash checks from Hsu's company, Components Ltd., the checks bounced.
Rosenman reportedly now wants Hsu to repay the entire $40 million.
(Excerpt) Read more at foxnews.com ...
Because Eva Rodham Klintoon promised some big contracts in 2009 and beyond.
In completely unrelated news, Hillary Clinton’s campaign announced a $40 million bump in their campaign coffers this quarter...
It all goes back to mainland China somehow...
bttt
Wow, I guess due diligence when handing out $ 40 million for a venture just isn’t what it used to be. Didn’t the Woodstock hippie even think of a background check on Hsu before handing out $ 40 million to make a return of 40%?
Let’s say he did one and then didn’t tell anyone, even worse!
Interesting. Thanks for posting.
Well Rosenman was one of the “Woodstock” founders so he may have done of that bad acid....
What a bunch of clowns! Let’s hope that the witch is really going to melt this time!
Collateral?
Police are actively seeking this man, for further questioning:
Today’s Democrats = Communists.
Collateral damage.
Republicans will go along with China. Democrats might actually do some industrial worker support act against the Chinese Fascist's, so the ChiComms are desperate to place influence in the Dem Presidential race. Hence the cash to the Clintons, a.k.a., Arkansas Used Mobile Home Finance and Repossession Company, also doing business as, Trusty Swamp Manufactured Homes of Little Rock.
I’m wagering that some kind of promise was made to the Woodstock guru that he would get his 40 mil back in some way when Hillary was Prez. And that the Woodstock guru was funneling the money through Hsu to be used by Hillary. I smell a rat here somewhere.
Mr. Rosenman would be well advised to issue restraining orders against the Clinton campaign and other democrats for the $2 million tip of the iceberg bribe money given by Hsu.
Before Hillary gives it away to “charity.”
“......smart as Rosenman would lend $40,000,000 to a bankrupt grifter like Hsu”
Yeah. Riiiight. IMHO, that cool 40mil is first and foremost ChiCom money sent to the USA, to be laundered thru Wall Street into the Clinton’s pockets....
It would be poetic justice if Hsu was recommended to this group by either of the Clintons. I hope that is the case here.
Rosenman gave $40,000,000 to a notorious democrat party felon on the lam from jail? What kind of total moron is Rosenman?
Must have been convinced by all the democrat party crooks from Hillary on down feverishing vetting Hsu’s sterling character!
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