Yup! They’re (politicians) trying to set themselves up as “victims” here. Couldnt see that coming! /sarc
The point is that this is stolen money from the investors or it is not! What makes this any different than if Hsu had been embezzling this money from a bank? Are they really saying that it makes a difference as to WHO receives the stolen money? Yikes!
re#10 If Hsu was raising money for the GOP, the presstitutes would have a little bit difference in their take. /severe understatement mode and *sigh* with head shaking sadly due to continued dashed hopes for an honest 4th Estate
This is a key point. The lack of aggressiveness on that angle by the investors' attorneys is puzzling. Rosenman's attorney rattles the Breshnahan retainer cage for what--$100k maybe?--while making ineffectual noises at the funds that went to politicians. I would think that going after the Breshnahan retainer has shakier legal basis than going after the donations. Defendant does have a right to counsel, So the argument is an esoteric one about fees, i.e.how much is too much.
From what's been reported, it looks to me that the lawsuits are more indignant theater than anything else, designed to protect Rosenman and Waters from individual investors in the funds--who, I believe, continue to be duped by Rosenman and Waters' singular focus on Hsu.