Team Clinton can't explain ignoring warnings on Hsu

New York Daily News ^ | September 12, 2007 | JAMES GORDON MEEK and MICHAEL McAULIFF

[libstripper]

WASHINGTON - Hillary Clinton's campaign couldn't explain yesterday why it blew off warnings about felon-turned-fund-raiser Norman Hsu - and the Daily News learned FBI agents are collecting e-mail evidence in the widening scandal.

Clinton was forced Monday to give back a whopping $850,000 raised by convicted scam artist Hsu after learning his investment ventures were being probed by the FBI as a potential Ponzi scheme.

She earlier gave to charity $23,000 Hsu donated himself after reports revealed he fled sentencing for a $1 million scam in California in 1992.

Yesterday, the campaign insisted it did all it should to vet Hsu after California businessman Jack Cassidy warned in June that Hsu's investment operation was fishy. Cassidy e-mailed his tips to the California Democratic Party, which forwarded them to the Clinton campaign.

[libstripper]

Looks like the Witch's campaign had all the info it needed from businessman Cassidy to run Hsu down and deliberately took no action. How could such a thing happen under the nose of the World's Most Ethical Woman??

[FormerACLUmember]

Tip of the iceberg for the Evil One. Not that the crooked media will cover one iota of this.

[gridlock]

How could such a thing happen under the nose of the World's Most Ethical Woman??

The checks cleared. What more did she need to know?

[Clara Lou]

Give ‘em time. The excuse will come.

[Enchante]

BWA HA HA HA HA...... the witch is shrieking, "I'm melting, I'm melting"...... so they had big red flags months ago but preferred to keep milking Hsu and his "straw donors"..... ooooh, this could be very bad indeed for the witch.

"They knew [about Hsu], and they knew back in June," a source told The News. Cassidy raised a red flag after a friend came to him with a tale of being offered 64% annual returns by Hsu. "It was either predatory lending or a Ponzi scheme," the source said, adding that the FBI had interviewed Cassidy and took as evidence numerous e-mails he sent to political officials about Hsu. Camp Clinton never responded to Cassidy, but dealt with the worried California party members. According to the Los Angeles Times, Clinton's Western finance director, Samantha Wolf, e-mailed, "I can tell you with 100% certainty that Norman Hsu is NOT involved in a Ponzi scheme," adding, "He is COMPLETELY legit."

[vietvet67]

Sole reason for early and large return of monies?

FBI investigation.

[indcons]

She got caught this time. Wonder how many more ChiComs are hiding in Hillary’s closet.

Interestingly, Norman Hsu also bribed Sen. Ubama’s campaign and the DNC.This might turn out to be quite a scandal despite the best efforts of the MSM to squelch news.

[olezip]

WASHINGTON - Hillary Clinton's campaign couldn't explain yesterday why it blew off warnings about felon-turned-fund-raiser Norman Hsu - and the Daily News learned FBI agents are collecting e-mail evidence in the widening scandal.

It is not at all surprising that warnings were ignored. IMO, that risky action can be easily explained by one word. GREED.

[Soliton]

He was buying indulgences (a pardon) in advance. By greasing the palms of Clinton and Obama, he felt like he had a real shot at picking the right pardon horse.

[joshhiggins]

Give ‘em time. The excuse will come.

You mean "Bushes Fault"?

[Williams]

When Hilary gives up money, you know things were so bad that somebody actually had to get up the nerve to tell the witch that it was either this or jail. Hopefully, it’s both.

[Williams]

I’m sure it’s just an innocent mistake, I mean, I’m sure Hsu and the other crooks behind the money don’t want anything, they just like Hilary, blah blah blah ....

[bert]

To whom did she return the money?

As Rush asked......show us the check!!

If the Paw’s get money back, we want to know the source. Was tax paid by the Paws on those funds

[PA-RIVER]

My question, Why hasn't the FBI seized the campaign funds?

I suspect the funds are laundered, and should be frozen before they are liquidated.

Every Democrat should be coughing up the funds to the FBI, now.

[FreePaul]

Clinton was forced Monday to give back a whopping $850,000...

Anyone here willing to take Clinton's word on this? How will we know if anything is given back?

[LRS]

Hillary Clinton's campaign couldn't explain yesterday why it blew off warnings about felon-turned-fund-raiser Norman Hsu...

Uh, try some words like: arrogance; greed; lust; etc...

[The Forgotten Man]

With this track record by the both of them what would happen if they both got back into the WH? Their greed for power seems to now be outweighed by their greed for money. What if some foreign interest, less interested in the US, paid them off while in the WH for some favorable return? These people can not be trusted, period. One only has to look at 1992-2000 to see that....

[Joe Boucher]

Modus operendi?

[Enchante]

That’s an EXCELLENT question, and it needs to be shouted from the rooftops! There are growing indications that Hsu’s money was coming from Ponzi-type schemes, sucking in more new “investors” to keep earlier “investors” happy while providing a stream of funds to be skimmed for campaign “donations” — the FBI should be seizing all of this money NOW.

btw, Who on earth can not be suspicious when promised annual “returns” of 60+%??? Anyone with 1/2 a brain had to know there was something fishy about Hsu..... of course maybe he started out more moderately and then became increasingly desperate in recent months, trying to keep the money flow open.

Let’s hope the FBI gets to the bottom of the real deal. I sure hope this slime splatters all over the witch Shrillery. She deserves to have a scandal that finally and completely tarnishes her false image!

[savedbygrace]

Clinton should fire the person in charge of finances for her campaign. Anything less is a wink at the bundling crime.