BACKSTORY BOMBSHELL: DNC'S MCAULIFFE IN ON CHANG/TORRICELLI'S SOUTH KOREA INSURANCE DEAL

POLITICAL MONEY MONITOR ^ | 4/28/00

[Liz]

Big Donor Under House Arrest for 1996 Irregularities

David Chang, an international businessman, is one of the Democratic Party's biggest donors. He visited with President Bill Clinton at the White House on several occasions and claims to have eaten pizza with the President in South Korea. On April 13, David Chang was placed under 24-hour house arrest for allegedly coercing a former employee to lie about the methods in which he made campaign contributions.

Chang is a target of the U.S. Department of Justice's Campaign Financing Task Force. His house arrest stems from taped conversations made by federal investigators between fired Chang employee Chris Kim and Chang in which Kim was reportedly asked to lie to federal authorities about Chang's alleged laundering of $80,000 in South Korea. At the time, Chang was free on $500,000 bail after being charged with making illegal campaign contributions to Senator Robert Torricelli (D-NJ) in 1996.

A letter from the Justice Department released in mid-April states the government has evidence that Chang "received and/or solicited" help from Senator Torricelli on four matters. These matters are helping to unfreeze Chang's assets in North Korea, helping him purchase a South Korean insurance company, writing college recommendations for relatives and making introductions for him with foreign dignitaries.

Torricelli's office admits to helping try to unfreeze Chang's North Korean assets, but reports it was unsuccessful. Chang received bipartisan support in his attempt to buy the Korea Life Insurance Company as well as seeking Torricelli's assistance, but that also failed. On a trip to South Korea last September during negotiations on the sale, Chang was accompanied by President Clinton's chief fundraiser Terrence McAuliffe.

Regarding charges that Chang funneled $23,000 to Torricelli's 1996 Senate campaign, three people have already pled guilty to the illegal activity and one has fled the country. Chang passed money to members of the Bergen County (NJ) Democratic Party leadership which then reimbursed others for their donations to the Torricelli campaign.

Torricelli's initial response was to speculate that every member of Congress gets donations from such "straw donors," and that "people have to learn to take these laws seriously." He denies knowledge of any illegal contributions.

[Liz]

McAuliffe in the thick of dirty deal.............again.

[Registered]

Popping corks!

[Liz]

Just how big a crook would you say McAwful is?

[Diddle E. Squat]

Hmmmm, that judge's ruling might help explain yesterday's "Pink Tie Rant." That's the closest they can come now to bombing aspirin factories and camels.

[shiva]

B-I-G!

[kcvl]

bttt

[Robert_Paulson2]

ka--f'ing--boom

close the borders and don't let the clintongs leave the country... and WHERE the hell is J. Satan Carville?

Damn... I'm gettin' the beer...

[Robert_Paulson2]

case of coors... just came out of the fridge...

what else good can happen this week?

NOW I want to know... JUST who are the folks at justice, nsc and such that "helped" torch's buddies too... Still working? Bet that is ONE big reason why the dems don't want bush to transfer folks to the new dept, with the power to PURGE it of the dirty rats....

Whistleblowers will scream like stuck pigs when they get axed... damned if my vision isn't getting better by the moment.

[JulieRNR21]

FYI.....wherever there is sleaze....McAwful is connected.....BUMP

[Robert_Paulson2]

I would say Bush's corporate scandal squad, is laughing their arses off as they read us celebrating about this new plate of red-f'ing-meat!

The dems want corporate fraud stopped... just look at the piles of crap in their front yard...

[Brytani]

Don't count on anything happening to McAuliffe or anyone else connected to Clinton when it comes to illegal activity. I don't know why, I don't know how but any associated with Clinton or the DNC is so protected they could literally murder people and noone would blink an eye.

[Mudboy Slim]

Gimme a break...this is gettin' too FReepin' EASY!!!

LOL...MUD

[Robert_Paulson2]

no kidding julie...

time for a little "premature" celebration... the SENATE is looking so much brighter to me... no wonder little tommie d crapped his trousers tuesday!

gettin another coors (lite of course!)

[PhiKapMom]

Thanks for the bump! And to think he is running McBride's campaign against Jeb!

Would love to see his hide nailed!

[rintense]

BOOM! Someone send this off to O'Reilly, Hannity and Rush!

[Mudboy Slim]

"...what else good can happen this week?"

Be patient, my boy, it's only Thursday and Righteousness Is On A FReepin' Roll!!

Who knows what miracles may befall us by Sunday evening...MUD

[Robert_Paulson2]

will OTHER dems get fingered by links to this "bombshell" dump? Will the enablers in the bureaucracy expose other "participants" as this story has both LEGS and a mouth...

there might be further meltdown tonight.... I would love to be a fly on a few office walls tonight.

[Alamo-Girl]

So true, Mud! Thanks for the heads up!

[kcvl]

bttt