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Hsadows Of Hillary Throughout Hsu's Benefaction

Hillary Clinton certainly made off the best from Norman Hsu's political bounty, reeling in roughly one third of his $2.5 million in sketchy fundraising thus far uncovered.  But a piece in today's Boston Globe ponders whether even Hsu's non-Hillary-bound cash had covertly Hillary-friendly aims.

Disgraced fund-raiser Norman Hsu did a lot more than just pump $850,000 into Hillary Clinton's campaign bank account: He also raised hundreds of thousands of dollars for local, state, and federal candidates who have endorsed Clinton or whose support she courted.
...
In at least some cases, Clinton or her aides directly channeled contributions from Hsu and his network to other politicians supportive of her presidential campaign, according to interviews and campaign finance records.
...
[I]n February, when former Iowa governor Tom Vilsack ended his own White House bid, he was about $450,000 in the red. A month after dropping out, Vilsack endorsed Clinton, and Clinton agreed to help him retire his debts. (Both insisted there was no quid pro quo.)

Over the next few months, some of Clinton's biggest fund-raisers gave Vilsack checks, including Hsu, who kicked in the maximum allowable contribution, $2,300, on May 3 after attending an event organized by Clinton's campaign, Newsweek reported this month. An associate of Hsu's, Paul Su, chipped in $1,000 on the same day.

And the next day, Susan Chilman chipped in $500.  Yes, Chilman (aka TV actress Susan Pari) is on only my suspicious donor list and not yet widely accepted as a Hsu associate by the dead tree crowd, but for posterity, I'm pegging Vilsack's total known take at $3,800, not $3,300.

In other cases, Clinton helped direct Hsu's money to influential politicians who have yet to endorse her but hail from key presidential primary states. Clinton raised at least $6,000 from Hsu and his network last year for Governor John Lynch of New Hampshire, according to Lynch aides. Lynch has no plans to endorse anyone before the state's crucial January primary, aides said.

Interesting.  I've only got $2,000 going to Lynch - all of it from our buddy Winkle Paw.  Part of the difficulty here is the fact that New Hampshire's campaign finance disclosure is, well, lacking.  Governor Lynch has an opportunity to do the public a great service by disclosing who contributed the other $4,000, so they can be added to the roster of Hsu bundlees.  This is my e-mail address.

And at least some of the $17,000 that Governor Jennifer Granholm of Michigan collected from Hsu and his associates in 2005 and 2006 stems from a Nov. 29, 2005, fund-raising reception for her hosted by Steven Rattner, a New York investment firm executive and major Clinton donor seen as a candidate for US Treasury secretary if Clinton wins.  Granholm's office said she has not made an endorsement decision.

In this case, "at least some" equals $11,700, all pitched in on November 30, 2005, by Hsu, Danny Lee, Susan Chilman (the TV actress), Suzanne Raffaelli (a Broadway actress), and Youn Kim (a former Broadway actress).  In total, Granholm tips the scales at better than $42,000 if I don't have any false positives on my roster.

Campaign finance records show numerous contributions from Hsu and his associates to Clinton supporters.

In New Hampshire, Senate President Sylvia Larsen's Democratic Caucus committee received $5,000 from Hsu in September 2006; Senator Debbie Stabenow of Michigan collected more than $20,000 from Hsu and his associates;Senator Mark Pryor of Arkansas took in about $11,000; and Senator Dianne Feinstein of California received at least $17,000.

Hsu and his network also gave nearly $50,000 to Senator Tom Harkin of Iowa. Harkin has not endorsed anyone, but his wife, Ruth, is a major Clinton backer.

(Stabenow: $34,000; Pryor: $12,000; Feinstein: $22,000; Harkin: $60,000.)

In addition, Hsu and his associates have contributed tens of thousands of dollars to state and local Democratic Party organizations and candidates around the country, including more than $100,000 to Governor Eliot Spitzer of New York and Attorney General Andrew Cuomo of New York, both of whom have endorsed Clinton. On Feb. 21, Hsu dipped into Chicago city politics, giving $3,500 to Alderman Danny Solis, the brother of Patti Solis Doyle, Clinton's campaign manager.

Blogging this elsewhere: Jammie Wearing Fool, Hot Air, American Pundit

Handcrafted by Flip on September 26, 2007 |

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Comments

Flip, Have you seen this? http://www.newsday.com/news/local/wire/newyork/ny-bc-ny--democraticfundrai0926sep26,0,6418131.story NEW YORK - A judge has frozen bank accounts and sealed the Manhattan apartment of Norman Hsu at the request of investors who say the jailed political fundraiser stole $40 million from them. State Supreme Court Justice Shirley Kornreich granted the application of attorney Ronald Minkoff to attach Hsu's accounts at Bank of America and Metrobank New York and to seal his apartment on Wooster Street in Lower Manhattan. The judge said Minkoff's client, Source Financing Investors LLC, had to post a $150,000 bond in case Hsu is improperly damaged by the asset freeze. ..... Minkoff said in court papers that he wanted asset attachment orders to include funds donated to the campaigns of presidential candidate Hillary Rodham Clinton, Gov. Elliot Spitzer, state Attorney General Andrew Cuomo and Rep. Kirsten Gillibrand, D-N.Y. The judge did not act on that request because no one was in court to represent the politicians. Minkoff said he had not told them about proceeding after speaking to their offices by telephone. The lawyer told Kornreich that Clinton's people said she had sent back all money contributed by Hsu; that Gillibrand's people said she had given the money to charity; that Cuomo's camp is holding the money while trying to work out an escrow arrangement, and that he had not heard from Spitzer's people. Minkoff said he wanted the asset attachments as a step toward recovering his client's money. He said Hsu stole it by claiming he had deals to buy menswear from a manufacturer in China and sell it at a profit to American companies that included Macy's, Nordstrom's, Theory, DKNY, L.L. Bean, and others. Minkoff said outside court he simply did not know whether Kornreich would have the authority to order recipients of Hsu's largesse to return the money. Kornreich and Minkoff agreed that any action federal investigators and prosecutors decide to take with regard to Hsu would preempt her orders. Me: It would now seem like the ball is firmly in the feds court now...no?

Posted by: cornhusker | Sep 26, 2007 3:17:15 PM

a little bit of an update: NEW YORK (AP)--A judge has frozen bank accounts and sealed the Manhattan apartment of Norman Hsu at the request of investors who say the jailed political fundraiser stole $40 million from them. The Hong Kong-born Hsu, 56, is in jail in California, where he has been wanted since he pleaded no contest to grand theft charges then skipped town before he could be sentenced in 1992. Investigators say they believe Hsu fled to Hong Kong. After being a fugitive for about 15 years, Hsu made a name for himself as a political fundraiser for Democrats. He was arrested about three weeks ago and now faces new federal charges in New York of bilking investors out of $60 million. Investigators say he donated some of that money to numerous Democratic candidates and causes. A New York State Supreme Court justice granted the application of attorney Ronald Minkoff to freeze Hsu's accounts at Bank of America Corp. (BAC) and Metrobank New York and to seal his apartment. Minkoff's client, Source Financing Investors LLC, says Hsu stole money by claiming he had deals to buy menswear from a manufacturer in China and sell it at a profit to U.S. companies that included Macy's Inc. (M), Nordstrom Inc. ( JWN), Theory, DKNY, L.L. Bean Inc. and others. Hsu wasn't represented at the hearing, but his lawyers have said that he isn't guilty of any wrongdoing. Minkoff said the Bank of America account contains about $83,000, and he didn't know how much was in the Philippines-based Metrobank New York account.

Posted by: Topsecretk9 | Sep 26, 2007 3:33:46 PM

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