Hsu fly, don’t bother me
A Norman Hsu update: The former Hillary fund-raiser and Democrat bundler extraordinaire pleads guilty, guilty, guilty, guilty, guilty, guilty, guilty, guilty, guilty, and guilty to 10 counts of wire and mail fraud. Via AP with a h/t to Don Surber:
Former top Democratic fundraiser Norman Hsu pleaded guilty in federal court Thursday to charges he cheated investors out of at least $20 million in a massive Ponzi scheme. The 58-year-old Hsu pleaded guilty to 10 counts of wire and mail fraud before U.S. District Judge Victor Marrero.
“I knew what I was doing was illegal,” Hsu told the judge.
His lawyer, Alan Seidler, said outside court afterwards that his client was likely to testify on his own behalf at a trial on four counts of violating federal campaign-finance laws. Hsu is accused of violating those laws by making hundreds of thousands of dollars in contributions to more than 50 politicians.
“He’s like a groupie. He just likes the political process,” Seidler said, adding that Hsu was adamant that he never made a political contribution expecting something in return. Prosecutors said he made contributions to political candidates in the names of others.
Assistant U.S. Attorney Katherine Lemire told Marrero that the government will seek to prove that Hsu made political donations “to fuel” the Ponzi scheme and pressured victims of his fraud to contribute to political candidates.
…Seidler said Hsu considered Hillary Rodham Clinton his biggest prize among political candidates. “That was his star,” Seidler said of Clinton, who returned more than $800,000 to donors whose contributions were linked to Hsu. Hsu was accused of raising more than $1.2 million for Clinton and other Democratic candidates. His donations became an embarrassment for Clinton’s presidential campaign.
The number four recipient of Hsu money was Barack Obama.
Flip Pidot, who did invaluable investigative work on Hsu’s funny money, has more here.
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In aghast! Who knew this guy was a credentialed reporter for the MSM…?!?!?
Nothing to see here. Move along.
Shouldn’t that be…”MoveOn…”
Massive? Not by Bernie’s standard.
You guys are just being cynical. Who among us has never taken big personal risks by breaking the law in handling lots and lots of other people’s money for sport? There just isn’t room anymore in this cynical world for pure of heart sportsmen.
I’m sure gibbs will ‘know nothing’ about this if anyone has the guts to ask about bho #4 in this.
L
Can you say, “Culture of Corruption?”
Only when it’s a Republican being accused.
“Hsu fly, don’t bother me”
Fuh-Neeee!
And his sentence will be: 50 lashes with a wet noodle.
And his sentence will be: 50 lashes with a wet noodle.
I’m sure the MSM will be all over this one!
I thought all groupies wanted to sleep with the band!
“Oh-kay, I tell you eberyting…she…looka like a man!” “She make “shwish-shwish-shwish” sound when she walk. Bery scarwy pant suit…rook rike a sack full of ‘possums fighting!”
Non-P.C. Joking off/
We have to get very serious RIGHT NOW about the massive amounts of fraud in our elections.
We can’t wait until September 2010 to start working on “clean” elections in November 2010.
The amount of fraud that was present in the 2008 elections is sickening. The Democratic Socialist Communists must not be allowed to steal elections.
We either get serious about this now, or the Communist Revolution will continue, regardless of the will of the voters.
Embarrassed? The Clintons? Ha! It is to laugh!
Oh man – my GUI doesn’t even come close to that visual impact.
Errah, what’s holding up the other shoe from dropping on this one??!!! Doesn’t hillary already have a pants suits in prisoner orange? If not, grab hold of the nearest circus tent, get a sewing machine and some orange traffic paint!
*China released the following statement about this big fish in a little pond:”That story is Hsu yesterday; You watch out Yankee dog, some day we take over USA, and come over there and eat your young; Can only cook dog so many way; Get old!”; I don’t mind the gnats like Hsu so much, but am deeply concerned about the 800lb gorilla about to eat our lunch.
A guy going bonkers and doing something like this for a looker like Sarah Palin – that I could understand. But Hillary? C’mon Hsu, we all know the other shoe is going to drop sooner or later. You’re in deep doo-doo whether you chirp or not so why not go the whole nine yards and get even while you’re still alive?…
Errah, Mark Rich, paging Eric Holder…. Mark Rich, paging Eric Holder….
He is now qualified to hold a position in Oblahblah’s cabinet. YipeeBBB
he’s just a VICTIM of white racism.
obama should pardon him!!
especially if he has a hot wife…
e is now qualified to hold a position in Oblahblah’s cabinet. Yipee!!!
Stupid BlackBerry…
The list of candidates that he raised money for is a Who’s Who of Democrat politics.
Slightly OT, but did anybody else see the former governor of NY on CNBC this morning? I can’t believe that guy has the cojones to show his face on TV.
LOL. Very witty indeed. Well played, MM.
We will not see this in our local papers…so I am writing a letter to the editor pointing out their LACK of investigative reporting. May never see the light of day, but imagine if all of us here wrote a letter to their city’s newspapers? We have got to find ways to get the facts about all the dirty Democrat fund raising out into the public! Where the h-ll is Mr Steele on this?
And I guess everyone thinks this guy was doing this just for kicks?
Seriously? No, seriously?
Well, at least he got to see New York City from a window seat in Air Force One before having to make all those guilty pleas.
I’m sorry, now I can’t get ‘Team America’ stuff outta my head.
Yes! A ticking crock!
Urkel will pardon him or Holder get him off on a technicality.
If it helped Democrats win elections the liberal press/media will ignore it.
I wonder how much he was paid or what favors he got to take the fall.Hillary returned $800,000,drop in the bucket and good cover.I’m jaded,I don’t believe anything anymore.
I’m so ronery, so velly ronery.
There’s no one/just me own-ry/sitting on my rittle thlone…
I’m the smartest, most crever, most physicary fit/but nobody erse seems to re-ra-rize it…
is it me or have you all noticed it is always democrats who get money from immigrants and foreigners. why do you suppose that is. i think it’s just that mean spirited repubs make such a bad impression as they travel the world, while dems are so well thought of and loved by the world’s populace that they just want to support those beautiful people.