Keyword: corrupthillraiser
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Most people who puzzle over the efforts of Norman Hsu focus, and rightly so, on where Hsu came up with the boatloads of money that went to Democratic candidates and organizations. Flip Pidot at Suitably Flip decided to ask another question -- why did Hsu donate to certain candidates and not others? Flip discovers an indirect link to Bill Clinton's cabinet: This is peculiar. As an A-list Democratic fundraiser, Hsu is typically the bundler in these transactions, not the bundlee. So what gives? Lillian Vernon is a trinket catalog company, perhaps best known for its constant lampooning on Mad TV....
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The fall of San Diego trial lawyer William S. Lerach may end his reign as Wall Street's king of pain, but the class-action lawsuit industry he helped create has become an established reality for corporate America. William S. Lerach: "I ... crossed a line and pushed too far.” Lerach, 61, admitted in a plea agreement that prosecutors filed yesterday that he participated in a scheme that secretly paid kickbacks to recruit plaintiffs for more than 150 class-action lawsuits brought against U.S. companies. As part of the deal, Lerach agreed to forfeit $7.75 million in unlawful gains, pay a $250,000 fine...
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Clinton Campaign Vows To Check Contributions Solicited by Supporter BRISTOW, Va. -- When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton's presidential campaign. But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband's boss for the donations. "It wasn't personal money. It was all corporate money," Mrs. Layton said outside her home here. "I don't even like Hillary. I'm a Republican." The boss is William Danielczyk, founder of a Washington-area private-equity firm and a major fund-raising...
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Even as Hillary fundraiser Norman Hsu is drawing national attention for being captured after going on the run, another sleazy Democrat is stepping up to raise money for the Clinton campaign. His name? Raul Martinez. Hillary will be attending a fund raiser at Martinez's home, "I'm pretty sure we're going to work something out," said DNC member and former Hialeah Mayor Raul Martinez. "We don't want to lose delegates to the convention, and we don't want to hurt Florida voters." ...Reflecting their dependence on Florida donors, Hillary Clinton's campaign has scheduled five fundraisers around Sunday's presidential forum at the University...
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At the center of the ever-deepening mystery of Norman Hsu, the fugitive fund-raiser who was captured after a brief flight from the law last week, is the question of how he evolved from a bankrupt swindler in 1992 to a wealthy donor to many Democratic candidates, and a bundler of campaign contributions to Senator Hillary Rodham Clinton in 2007. A review of financial records for one of Mr. Hsu’s companies begins to shed light on some of his recent activities, including his dealings with a circle of campaign contributors that has fallen under suspicion since news of Mr. Hsu’s criminal...
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Sant S. Chatwal, an Indian American businessman, has helped raise hundreds of thousands of dollars for Sen. Hillary Rodham Clinton's campaigns, even as he battled governments on two continents to escape bankruptcy and millions of dollars in tax liens. The founder of the Bombay Palace restaurant chain, Chatwal is one of a growing number of fundraisers in the 2008 presidential campaign whose backgrounds have prompted questions about how much screening the candidates devote to their "bundlers" while they press to raise record amounts. Chatwal's case reached from his native India to New York City. The IRS pursued him for approximately...
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