The look of guilt
Posted on 03/07/2005 3:22:55 PM PST by Libloather
Ex-Stan Lee Chief Paul to Plead in Securities Case
Mon Mar 7, 2005 05:20 PM ET
By Gina Keating
LOS ANGELES (Reuters) - Stan Lee Media co-founder Peter Paul said on Monday that he would plead guilty to a federal securities charge.
However, Paul said the plea was not part of an agreement to cooperate with prosecutors probing alleged campaign finance violations by Sen. Hillary Clinton's staff.
Paul told Reuters he would plead guilty on Tuesday in New York federal court to one count of manipulating the share price of Stan Lee Media, an online entertainment company he founded with comic book legend Stan Lee that collapsed in 2000.
The charge stems from a 2001 indictment accusing Paul and two others of manipulating Stan Lee stock by buying shares with bad checks and selling at below-market prices.
Paul faces more than 10 years in prison but said he has made no deal to limit his exposure to prison, including talking to prosecutors about a star-studded Hollywood fund-raiser he threw for Clinton during her 2000 run for the U.S. Senate.
Federal prosecutors in Los Angeles have indicted Clinton's former finance director, David Rosen, for on charges of filing false campaign finance reports about how much the event cost.
Rosen pleaded not guilty in January to four counts of filing false FEC reports. He was extradited from Brazil in 2003, where prosecutors said he had fled, and was in federal custody until January after spending 43 months in prisons in the two countries.
Paul filed a complaint with the Federal Election Commission and a civil lawsuit claiming he agreed to throw the fund-raiser in exchange for a promise from then-President Bill Clinton to work for Stan Lee Media after he left the White House.
The former president has denied that allegation, and both Clintons have asked the California Supreme Court to dismiss the lawsuit.
On Monday, Paul demanded that Sen. Clinton "take responsibility for her role in what was the largest campaign finance fraud basically that has ever been reported."
"I'm standing up and taking responsibility for an SEC violation. ... She, as a public figure, should do the same for her (Federal Election Commission) violation," he said.
A spokeswoman for Clinton could not immediately be reached for comment.
Clinton has not been charged with any wrongdoing in connection with the Aug. 12, 2000, fund-raising concert starring Cher and Diana Ross and billed as honoring her husband.
Prosecutors estimated the fund-raiser cost more than $1.2 million, paid for with more than $1.1 million of "in-kind" contributions from Paul. But Rosen purportedly told federal election officials in-kind contributions totaled $400,000.
Ditto for me too!!
Heh heh.
"My spidey-sense is tingling. Did someone call for a web-slinger?"
WOW - I BET THE MAIN STREAM MEDIA IS ALL OVER THIS STORY!!!
(sarcasm off)
bumpage
He's asking Hillary to take responsibility. That's like asking her to quit breathing.
If Paul goes to jail I hope he does not come to the same end there as McDougal mysteriously did. The Clinton's never stop plotting to snuff out those who are or were "in the know."
The Face of Evil.
I actually heard a radio ad for Judicial Watch last night. I thought they'd fallen off the Earth or perhaps I was just HOPEFUL they had. At least they're under new management... who knows if their batting average will improve.
I thought I did ping you; I went back to an old Ward thread and pulled some names off -- if I missed you, I am sorry!
Too bad that Presidents Bush #41 & 43 are giving some credibility and polish to Bubba's image.
Dang!
I, for one, think that it's just a crying shame how the saintly Clintons are always so poorly served by corrupt underlings.
BTTT
Ya see.... how this will play our? she will lie before a grand jury, get a felony for perjury and will not be able to run for president.
....We can dream can't we!
Has she EVER taken responsibility?
It's just anither VRWC!!!
What else can you expect from Hill/Billy?
I bet the ash trays are flying fast and furious as we speak
question sweet caroline..... ? We have seen time and time again where Bush's enemies plans blow up in their faces.. . Correct? Bush thinks so far over the horizon most people cant phathom it... correct?
If Bush wants Condi to be the first woman president, do you really believe Hillary has not been on his radar to be taken out before she is ripe?
....Was in the spring
And spring became the summer
Who'd have believed she'd go to jail....
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