[CutePuppy]

1. Hsu talked about "loan" (which is what was a correct structure of the deals), not an "investment" - so no "Ponzi scheme"

2. What Ponzi schemer would go to the trouble of flying to assure his "investors", instead of flying the coup when becoming exposed in newspaper? Means he knew that the money was still coming into the accoounts set up to pay the high-sky "interest" on the loan - that's no Ponzi scheme, that's money-laundering.

[fieldmarshaldj]

Money-laundering and the Clintons. As American as apple pie.

[Brad from Tennessee]

Good to see Wall Street Journal keeping after this story.

[CutePuppy]

Politics was a world where his schmoozing and fund-raising talents were powerful currency. He became a "bundler," someone who could induce hundreds of acquaintances to donate.

The timing is very important - he became a "bundler" after he got friends in high political places - the $60 million Question is WHO placed and shortly thereafter advanced Norman Hsu on the board of American School?

[jer33 3]

hmmm... I wonder if Hsu was also involved in counterfeit clothing.

[neverdem]

Clinton Aides Prompted Queries at Events

The VRWC strikes again.

[libstripper]

The curious thing about this article is how it never mentions what an earlier article in the LA Times mentioned: many of the "investors" were persuaded to participate in Hsu's enterprises by all of the endorsements he received from the Witch and others. It also shows an astounding lack of curiosity over the legal redress those "investors" might be able to get by filing securities suits against the Witch and other DemonRats based on the idea that the endorsements provided to Hsu, from which the Witch and other DemonRats massively benefited through contributions, make them liable for negligent or intentional misrepresentations about Hsu that induced the "investors" to participate in his schemes.

[Presbyterian Reporter]

Norman Hsu has shown himself to be an opportunist who will do anything to steal from his acquaintences. Now the question still unanswered is whether Hsu will cut a deal with the Feds to implicate the Democrats in return for a lesser sentence.

I hope the recent delays in his prosecution are being caused by the Feds cutting a deal with Hsu to implicate Hillary.

Hsu could have been laundering money obtained from well-heeled Hillary supporters and that would be a much bigger story than Hsu’s ponzi endeavors.