Democratic (and Obama) Fund-Raiser Nemazee Indicted In $292 Million Fraud

Sheez, how did Obama miss this guy for
secretary of the treasury?

Obama at fund-raiser at Steven and Judy Gluckstern’s home, April 9, 2007. George Soros is seated to the right of the stairs.
(Photo: Michael Edwards)

The investment banker Robert Wolf first met Barack Obama one afternoon in December in a midtown conference room. Obama was in town to deliver a speech at a charity dinner for children in poverty at the Mandarin Oriental—but also to pursue another, less high-minded, but more momentous, objective: to begin the process of attempting to pick Hillary Clinton’s pocket.

The conference room belonged to George Soros, the billionaire bête noire of the right. After talking to Soros for an hour about his prospective bid for the White House, Obama walked down the hall and found assembled a dozen of the city’s heaviest-hitting Democratic fund-raisers: investment banker Hassan Nemazee, Wall Street power Blair Effron, private-equity hotshot Mark Gallogly, hedge-fund manager Orin Kramer. Most had been big-time John Kerry backers in 2004. Most had a connection to the Clintons. All were officially uncommitted for 2008.

(snip)

http://www.freerepublic.com/focus/news/2333626/posts?page=58#58

HT: thouworm

CONNECTIONS?

Path to Power

Like Obama, Jarrett has a somewhat unusual life story, something they bonded over when the two first met in 1991.

Jarrett’s father [see below] was a doctor, and in the 1950s, he and his wife, Barbara, who is an expert in early childhood development, moved to Shiraz, Iran, about 500 miles south of Tehran. He was part of a program that sent American doctors and agriculture experts to developing nations,

and Jarrett was born in 1956 at Nemazee Hospital, the brand-new hospital for which he father worked. They lived in Iran for six years, and moved to England for one year before returned to Chicago and settling in Hyde Park

http://www.whorunsgov.com/Profiles/Valerie_Jarrett

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Nemazee Capital, established in 1987, invests in health care, media, oil and natural gas and other industries, according to the firm’s Web site. The firm has more than $3 billion under management, according to a July press release.

Hassan Nemazee was born in Washington in 1950 and graduated with honors from Harvard University in 1972, according to his Web site.

The online site lists affiliations with institutions including the RAND Center for Middle East Public Policy, the Asia Society, Harvard’s Center for International Affairs

and Nemazee Hospital in Shiraz, Iran, which was built into a modern facility by his father, Mohamed Nemazee, according to the site.

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Top Obama Fundraiser & CFR Member [HASSAN NEMAZEE] arrested for stealing $74 Million (Read 284 times)
« on: August 25, 2009, 07:15:13 PM »

Nemazee Fallout
http://www.nydailynews.com/blogs/dailypolitics/2009/08/nemazee-fallout.html
August 25, 2009

Poster:

Here’s the US Attorney of the Southern District Preet Bharara’s complaint against Democratic mega-donor Hassan Nemazee, the chairman of Nemazee Capital Corp. who was arrested today on charges that he used phony documents to trick Citigroup Inc. into lending him up to $74 million.

Nemazee is perhaps best known as a fundraiser for both President Obama and former Sen. Hillary Clinton.

He also served as national finance chairman for the DSCC when it was headed by Sen. Chuck Schumer, which is sort of ironic, considering that Bharara was, until very recently, working as chief counsel to the senior senator of New York.

Nemazee has maxed out in contributions to both Schumer and Sen. Kirsten Gillibrand, giving them a total of $4,800 each (two $2,400 checks to Schumer in April - one for the primary, one for the general - and two of the same amount to Gillibrand in June).

Woops. I missed some additional contributions. Nemazee gave Gillibrand $1,000 in 2005 and another $1,000 in 2006. He gave two $2,000 donations to Rep. Carolyn Maloney in 2005. There was also $151,700 to the DSCC between March 2006 and March 2009.

I’m still awaiting word on whether this money will be returned.

Nemazee, Hassan Complaint

http://forum.prisonplanet.com/index.php?PHPSESSID=f5d43a963a56b9c309ebf6ca16ea6e39&topic=128637.msg790365#msg790365
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Jarrett’s ties to the University of Chicago are longstanding.

Her father, James Bowman, is Professor Emeritus in Pathology and Medicine at the University and the first African American to be tenured in the Division of Biological Sciences. The University’s Bowman Society, which promotes minority health care and diversity in the biological sciences, is named after him.

http://news.uchicago.edu/news.php?asset_id=1522

He used phony documents to obtain millions in loans to contribute to sleazy Democrats. Where did he learn how to fake the documents? George Soros?

This is why I have a MAJOR suspicion that one Glenn Beck is about the blow the scandals surrounding The Zero absolutely WIDE OPEN by demonstrating the links between President Obama/nearly every major Leftist organization and one George Soros.

Given Soros' VERY notorious history of manipulating the financial markets for his own personal and political gain, we're talking a potential scandal that could not only bring down the Democrats, but possibly multiple governments around the world.

What is a crime to those who have no morals?

Nemazee Hospital Bio of Mohamed Nemazee

Nemazee Hospital was founded by Mohamed Nemazee who was born in 1896 in Bombay, India, to Iranian parents who resided in the Far East. Nemazee spent his early years in Hong Kong, where he went to school. He was primarily a self-educated man who built a considerable fortune through a successful shipping enterprise based in Hong Kong between the two world wars.

During World War II, Nemazee was offered the post of Commercial Advisor at the Iranian Embassy in Washington, D.C.On his journey from Hong Kong to the U.S. he travelled through Iran. Although he had never lived there, his family was from Shiraz--the city of fabled poets--and links had been maintained over the years. As his late father had built a health-care clinic in Shiraz, Nemazee decided to rehabilitate the facility and provide it with new equipment.

It soon became apparent, however, that the public health needs of Iran transcended the scope of this project and he therefore decided to establish a new and larger facility at his own expense. But private philanthropy on a large, public scale was an alien concept in Iran, where political and religious institutions dominated, so he needed a novel approach to achieve his goal.

Nemazee understood that public hygiene and health were intimately connected. While in Tehran, he realized the city had no water works—drinking water was provided by open sewers know as jubes, with untreated wastewater spreading contagious diseases. Finding Shiraz in a similar situation, in 1945 he built the Shiraz Water Works as a preventive health measure that would function in tandem with the medical facility he planned to build. As well as a preventive health measure, the Water Works was designed to be a gainful enterprise. It would generate enough income to supplement the needs of the hospital, which would be a charitable facility offering free treatment for most patients. The Water Works could charge its customers the price of water and earn enough to allow for expansion as needed. And so it happened that piped water was available in Shiraz well in advance of Tehran.

In the meantime, Nemazee retired from his business, took up his post in Washington and married and had two children, Hassan and Susan. In Washington he developed his initial concept into an integrated plan to build a modern medical center, with a medical school and a nursing school for women, all supported by the revenues generated by the public water works. He also began to purchase several million square meters of land in Shiraz on which to situate the medical center, where construction began in late 1949.

As a successful entrepreneur, he understood the need to establish an organization to coordinate the plans for the medical center. He created the charitable Iran Foundation in New York and enlisted the aid of a young, American-trained Iranian doctor, Torab Mehra, to help him realize his ambition to advance the cause of health and education in Iran.

Because in the late 1940s there were not enough properly trained doctors and nurses in Iran, prominent doctors and scientists in the U.S. were invited to become part of the Foundation to help recruit American doctors and nurses willing to go to Iran to work at the medical center and train a generation of Iranian doctors and nurses, and to attract Iranian expatriates in the medical field to return.

In 1953, when Nemazee Hospital and Nemazee School of Nursing were inaugurated, they were state-of-the art facilities, far superior to any medical complex existing in either Iran or the rest of the Middle East. By this time, Nemazee had donated $10 million (equivalent to $100 million dollars today) of his own money, all derived from his shipping business in Hong Kong, to construct and maintain the medical facility and water works.

Nemazee Hospital, Nemazee School of Nursing and surrounding facilities also laid the groundwork for the development of a full-fledged university system constructed on the American model. When in 1960 Shah Mohamed Reza Pahlavi commissioned a study, conducted by the University of Pennsylvania with funding from USAID, that selected Shiraz instead of Tehran as the site for a university to expand educational opportunities for students and entice them to remain in Iran, the primary reason was that the Nemazee medical center complex provided the best base on which to build. Shiraz University was thus created and became the most advanced, western style academic institute in the Middle East. The Shiraz University Medical School was established as a teaching arm for the Nemazee Hospital doctors. Many of the university’s facilities—the library, dormitories and main campus—were subsequently built on his land.

The hospital and medical school transformed Iran’s medical and educational systems and the separate three-year school of nursing created opportunities previously unimaginable for women. Another innovation was that the hospital and nursing school were situated within a landscaped park providing villas for housing up to 40 doctors and their families.

During construction of the hospital, Nemazee resided part of the time in Tehran. In late 1953, he was named Minister Without Portfolio, acting primarily as an advisor on oil and economics, and remained in that post in two successive governments, headed by General Fazlollah Zahedi and Hossein Ala, until 1955 when he resigned and returned to Washington. At this time he began to research and write a multi-volume book in Persian on the history of civilization, which would be published posthumously by his son, Hassan Nemazee.

Until 1959, all doctors, nurses and technical staff at the medical center and nursing school were recruited from the U.S. The Iran Foundation worked as a liaison office to encourage educated Iranians in the medical field to return to take up employment at Nemazee Hospital, and in time U.S.-educated Iranians replaced the U.S. staff. The hospital continued to ensure access to the latest advances in medicine for both patients and doctors. Having performed the first kidney and liver transplants in Iran, the hospital became the leading facility in advanced transplants in the nation, while still being recognized for its excellence in a number of other areas. By the late 1950s, Nemazee Hospital had a world-class reputation and had become the most progressive medical facility in the Middle East. It became a model for philanthropists from other countries who shared a common vision and goal of improving and extending health services and medical education.

Nemazee later set up an Iranian-based foundation to take over the functions of the American-based Iran Foundation. It oversaw the various entities under the umbrella of the Nemazee Moghufeh (charitable organization). In 1962 Nemazee returned to live in Iran as trustee of the Moghufeh.

Nemazee also established the Honaristan, a philanthropic vocational school under the auspices of the Moghufeh. The purpose of the school was to provide citizens of Shiraz with necessary vocational skills. In 1970 he received an honorary doctorate from Shiraz University, for which he submitted a thesis on poetics, a subject he had explored in his book.

Mohamed Nemazee died in Shiraz in 1972 and was buried on the Nemazee Hospital grounds, where a statue of him was erected in his honor. On the day of his funeral the citizens of Shiraz declared a holiday out of respect and gratitude for his many contributions to the city. The sick and the needy continue to visit his grave daily to pray and give thanks. His philanthropic legacy has never been equalled in Iran.

Nemazee Hospital Bio of Mohamed Nemazee

Photo and Statue of Mohamed Nemazee

The Iran Foundation was incorporated in 1948 in New York State as a private entity designed to enhance the public welfare in the historic city of Shiraz, Iran. For generations, the population of Shiraz embraced a philanthropic tradition; its citizens demonstrated their civic pride by donating funds to replace or rebuild roads, schools, and mosques. It is this tradition that the Nemazee family sought to invoke with the launch of the Iran Foundation.

The full name of the Foundation – the Iran Foundation for Advancement of Health and Education in Iran – captures the breadth of its mission. In 1944, Mohamed Nemazee returned to Shiraz from his diplomatic post in Washington, DC, and, as cited in the Foundation’s deeds of endowment:

The Iran Foundation itself is no longer in existence, but the projects it spawned continue to operate and thrive in 21st century Iran.

Mohamed Nemazee, left. Shah Mohamed Reza-Pahlavi, second from left

Mohamed Nemazee, second from right.

The Iran Foundation

Hassan Nemazee on Board of Advisors of CFR’s Thibk Tank

* Hassan Nemazee is Chairman and CEO of Nemazee Capital Corporation, a holdings company that invests in both public and private companies.

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The Think Tank of Council on Foreign Relations:
The David Rockefeller Studies Program

The David Rockefeller Studies Program is CFR’s “think tank.” Its work is integral to achieving CFR’s goal of contributing to the foreign policy debate. Fellows in the Studies Program do this by researching, writing, and commenting on the most important challenges facing the United States and the world.

The Board of Advisors consists of a select group of leading foreign policy generalists, including former senior government officials. Members of the Board of Advisors provide general feedback and critiques, but are not asked to endorse the final report.

Richard N. Haass, president of the Council on Foreign Relations, and Strobe Talbott, president of the Brookings Institution, are co-chairs of the Board of Advisors.

Odeh Aberdene

* Odeh Aburdene is the President of OAI Advisors, an advisory firm providing investment, economic, business, and energy expertise on the Middle East.

Sandy Berger

* Samuel “Sandy” Berger is chairman of Stonebridge International, an international advisory firm. He served as the United States National Security Advisor under President Bill Clinton from 1997 to 2001.

Timothy C. Collins

* Timothy C. Collins is the Founder, Senior Managing Director, and Chief Executive Officer of Ripplewood Holdings LLC.

Martin J. Gross

* Martin J. Gross is the Founder and President of Sandalwood Securities Inc. Prior to his career in investment management, Mr. Gross practiced tax and corporate law in New York City, and worked in the corporate finance department of L.F. Rothschild, Unterberg, Towbin.

Richard N. Haass

* Richard N. Haass is President of the Council on Foreign Relations. Prior to this, he was Director of Policy Planning for the U.S. Department of State (2001-2003) and served as Special Assistant to President George H. W. Bush and Senior Director for Near East and South Asian affairs on the staff of the National Security Council (1989-1993).

Rita Hauser

* Rita Hauser is President of The Hauser Foundation and Counsel to the New York City law firm, Stroock & Stroock & Lavan. Dr. Hauser was appointed by President George W. Bush to the President’s Foreign Intelligence Advisory Board and to the President’s Intelligence Oversight Board.

Stephen B. Heintz

* Stephen B. Heintz is president of the Rockefeller Brothers Fund. Mr. Heintz has held top leadership positions in both the nonprofit and public sectors. Prior to joining RBF, Mr. Heintz was Founding President of Demos: A Network for Ideas & Action. Mr. Heintz has also served as Executive Vice President and Chief Operating Officer of the EastWest Institute (EWI) and as a policy analyst and cabinet official in the State of Connecticut

Robert Lifton

* Robert K. Lifton is Chairman and Chief Executive Officer of Medis Technologies.

Jami Miscik

* Jami Miscik is the former Deputy Director for Intelligence at the Central Intelligence Agency, and currently is the Managing Director, Global Head of Sovereign Risk at Lehman Brothers.

Hassan Nemazee

* Hassan Nemazee is Chairman and CEO of Nemazee Capital Corporation, a holdings company that invests in both public and private companies.

Brent Scowcroft

* Brent Scowcroft is President and Founder of The Scowcroft Group. He served as the National Security Advisor to both Presidents Gerald Ford and George H.W. Bush.

Jay Snyder

* Jay Snyder is the President of HBJ Investments LLC.

Joan Spero

* Joan Spero is President of the Doris Duke Charitable Foundation. She served as Undersecretary of State for Economic, Business and Agricultural Affairs from 1993 to 1997.

Strobe Talbott

* Strobe Talbott is President of the Brookings Institution. He was the Deputy Secretary of State from 1993 until 2001.

Ezra Zilkha

* Ezra Zilkha is President of Zilkha & Sons, Inc., a private investment company. He is a trustee of the American Society of the French Legion of Honor, trustee emeritus of Wesleyan University, and an honorary trustee of the Brookings Institution.

Roy Zuckerberg

* Roy Zuckerberg is Chairman and Founding Principal of Samson Capital Advisors LLC.

http://www.cfr.org/thinktank/tanusmes/advisory_board.html

Hassan Nemazee (became a US citizen in 1996)

TIME Magazine Fast Facts:

• Born January 27, 1950 to Iranian parents in Washington, D.C.

• Graduated with a Bachelor’s of Arts from Harvard University in 1972.

• Started a life insurance venture in Iran as part of a partnership with AIG after college, but plans were derailed by the fall of the Shah in 1979.

• Became a real-estate developer with a series of projects in Houston in the early 1980s. Founded an investment firm, Nemazee Capital, in 1987.

• Because a U.S. citizen in 1996.

• Nominated in 1999 by President Clinton to become the U.S. ambassador to Argentina. Withdrew from consideration before a confirmation vote.

• Member of the Council on Foreign Relations since 2004.

• Served as National Finance Chair for Hillary Clinton’s 2008 presidential campaign.

• Reportedly raised $100,000 for Clinton’s 2008 campaign, and went on to raise $500,000 for Barack Obama after Clinton bowed out of the race in June.

• Accused of defrauding Citibank of $74 million after allegedly forging loan documents dating back to Dec. 2006.

http://www.time.com/time/nation/article/0,8599,1918860,00.html?xid=rss-nation-yahoo

Post #69 correction

Hassan Nemazee on Board of Advisors of CFR’s ~~Thibk~~ THINK TANK

From David Horowitz NEWSREAL:
Hassan Nemazee: Terrorist Sympathizer

Arrested Democratic Fundraiser’s Pro-Taliban, Pro-Iran Agenda
2009 August 27

....So is he just a zealous Democratic Party supporter with deep pockets?

Not quite. This may be the part Goodman [Amy Goodman of the Marxist Democracy Now! network] was reluctant to talk about. Nemazee, you see, has a dark secret: he’s a terrorist sympathizer.

Nemazee is a Board of Trustees member with the Asia Society, an organization sympathetic to the oppressive, terrorism-sponsoring Islamic fundamentalist regime of Iran. The Asia Society has gone on record as “recommending that the United States declare an end to President Bush’s ‘war on terror’ and negotiate with Taliban members willing to separate from Al Qaeda.”

He was a past board member of the American-Iranian Council, a U.S. lobbying group that has consistently supported lifting U.S. sanctions on Iran and accommodating the Tehran regime.

He is also a founding board member of the Iranian American Political Action Committee [IAPAC], which seeks to create friendly and lucrative business relationships with the Iranian theocracy ruling that country.

Nemazee, whose bail has been set at $25 million (secured by his $20 million New York City Apartment), faces a maximum prison term of 30 years.

Now that the Democrats–who have been the major recipients of Nemazee’s largesse–are running the show, it should be interesting to watch this saga play out.

http://newsrealblog.com/2009/08/27/arrested-democratic-fundraisers-other-agenda/

Zbigniew Brzezinski’s and Hassan Nemazee’s “campaign” trip to Syria
..........
New York Sun 2/15/2008... ‘Realism’ in Syria

What in the world are advisers to both Senators Obama and Clinton doing in Syria in the middle of a presidential campaign — and why are the two campaigns so unforthcoming about the details of the visits?

The same week that a terrorist mastermind harbored by the Baathist regime in Damascus was assassinated by a car bomb, both one of Mr. Obama’s foreign policy counselors, Zbigniew Brzezinski, a long-time critic of Israel, and one of Mrs. Clinton’s national finance chairs, Hassan Nemazee, were meeting with President Assad.

...the Obama campaign... [when asked] what it had to say about its adviser’s doings in Syria... said it was the first they had heard about it. Mr. Nemazee’s office would not say anything about the trip, nor would Mrs. Clinton’s campaign.

http://www.nysun.com/editorials/realism-in-syria/71373/

Hassan Nemazee Board Associations:

Nemazee is involved with the following business, charitable, international, and political organizations:

* RAND Center for Middle East Public Policy Advisory Board 2006

* Member, Advisory Board Foreign Policy Leadership Council - 2004

* Member, Council on Foreign Relations - 2004

* Member, Board of Trustees, Asia Society - March 2003

* Member, Asia Society Policy Advisory Board

* Member, Advisory Board of the National Security Network

* Member, Visiting Committee of the Center for International Affairs, Harvard University 1998 - 2005

* Member, Visiting Committee on University Resources, Harvard University 1986-2002

* Member, Middle East Center Advisory Council at Harvard University 1990 - 1994

* Member, International Affairs Planning Committee, Harvard University 1990-1995

* Vice Chairman, Encyclopedia Iranica affiliated with Columbia University 1990-1998

* Member, Board of Trustees of The Spence School 1993 - 1997

* Member, Board of Trustees of The Brain Trauma Foundation 1996 - present

http://en.wikipedia.org/wiki/Hassan_Nemazee

“$292 million in forfeiture in the case.”

The indictment also seeks $292 million in forfeiture against Nemazee. In addition, the indictment identifies Nemazee’s interest in the following assets as subject to forfeiture: five real properties, 16 corporate entities and one hedge fund, 14 securities accounts, 32 bank accounts, a 2008 Maserati Quattroporte, and a 2007 Cessna aircraft.

“For more than ten years, Hassan Nemazee projected the illusion of wealth, stealing more than $290 million so that he could lead a lavish lifestyle and play the part of heavyweight political fundraiser,” said U.S. Attorney Preet Bharara who is, ironically, a former top aide of another major recipient of Nemazee’s lucre, Senator Chuck Schumer. “Today’s indictment exposes the sheer brazenness of Nemazee’s schemes and marks the end of his decade of deception.”

http://www.politico.com/blogs/bensmith/0909/Feds_Clinton_donor_made_contributions_from_Ponzi_scheme_proceeds.html

my compliments on your epic research.

TY: unfortunately my concentration and time are going to be limited for the next day. I take note all the Harvard connections, and Horowitz seems to regard his Islamic affiliations with suspicion.

I want to go back over research. Aside from any early ties he may have to BHO, I keep thinking of one looming question: What did he do to tick somebody off?-—or, did they just decide he had filled their need and was now expendable? It seems rather dangerous to pull the curtain on him, and I would think, with all his connections, he could have been protected. Do they want him to flip on a matter?

The HSBC lawsuit, dated Sept. 2, said that "to accomplish the fraud, Nemazee represented to HSBC that he had $89 million in Treasury Notes, with a current market value of more than $125 million, in a specified brokerage firm account; submitted a supposed agreement from the brokerage firm with forged signatures, false addresses, and false telephone numbers; used a mail drop; and submitted fabricated brokerage statements."

ATLAS SHRUGS

HSBC = Hong Kong Shanghai Banking Corp.