Rhino
09-12-2007, 07:46 AM
Report: $40 Million Borrowed by Dirty Democratic Fundraiser Norman Hsu is Missing
Wednesday, September 12, 2007
NEW YORK — The mystery of where a dirty Democratic fundraiser got the money to lead a lavish lifestyle, fund political campaigns and post a $2 million bond to get out of jail appears to have a Woodstock connection, according to a report published in Wednesday's Wall Street Journal.
The newspaper reports that a company run by Norman Hsu, who donated nearly $2 million to Democratic candidates since 2004 ...recently received $40 million from a ... fund run by Joel Rosenman, one of the creators of the fabled Woodstock...
Now, that $40 million is missing....
...Hsu reportedly told Rosenman the funds provided by Source Financing Investors would be used to manufacture apparel in China...
...when Source Financing tried to cash checks from Hsu's company, Components Ltd., the checks bounced....http://www.foxnews.com/story/0,2933,296496,00.html
Wednesday, September 12, 2007
NEW YORK — The mystery of where a dirty Democratic fundraiser got the money to lead a lavish lifestyle, fund political campaigns and post a $2 million bond to get out of jail appears to have a Woodstock connection, according to a report published in Wednesday's Wall Street Journal.
The newspaper reports that a company run by Norman Hsu, who donated nearly $2 million to Democratic candidates since 2004 ...recently received $40 million from a ... fund run by Joel Rosenman, one of the creators of the fabled Woodstock...
Now, that $40 million is missing....
...Hsu reportedly told Rosenman the funds provided by Source Financing Investors would be used to manufacture apparel in China...
...when Source Financing tried to cash checks from Hsu's company, Components Ltd., the checks bounced....http://www.foxnews.com/story/0,2933,296496,00.html