Free Republic

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...

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...