Friday, January 02, 2009

more about obama

They can only protect him so long...

= = = = = = =

Obama And That Other Ponzi Scheme
President-elect's name may emerge in Norman Hsu fraud trial

DECEMBER 31--As if being linked to one high-profile criminal case weren't enough, President-elect Barack Obama's name may soon pop up in another federal prosecution, this one involving a massive Ponzi scheme (no, the other massive Ponzi scheme). In addition to the Rod Blagojevich pay-for-play probe, Obama could figure in the upcoming fraud trial of Norman Hsu, the disgraced Democratic fundraiser who was charged last year with operating a $60 million pyramid scheme. According to investigators, Hsu, a major Hillary Clinton fundraiser, pressured investors to donate money to political candidates with whom he was aligned. In a letter last week to U.S. District Court Judge Victor Marrero, Hsu's lawyer, Martin Cohen, requested a 60-day delay in the start of Hsu's trial, scheduled to open January 12.....

READ THE REST

http://www.thesmokinggun.com/archive/years/2008/1231082hsu1.html