Daily Revolt

September 12, 2007

$40 Million Borrowed by Hillary Fundraiser Norman Hsu is Missing

The scandal that is being ignored by the pro-Democrat press (thus covered by FOX and Wall St. Journal) gets more scandalous:
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 — including presidential hopeful Sen. Hillary Clinton — recently received $40 million from a Madison Avenue investment fund run by Joel Rosenman, one of the creators of the fabled Woodstock rock festival in 1969.

Now, that $40 million is missing, Rosenman reportedly told investors this week.

[...]The newspaper reported that its analysis of Hsu's campaign finance reform records shows he has links to more than $1.8 million in donations to Democrats since 2004.

He also is credited with raising $850,000 for Clinton's presidential campaign, which announced Monday that it would return all donations linked to Hsu.

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