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Democrat Money Man Norman Hsu Indicted in New York

WaPo: [1]

Norman Hsu, Democrat fundraiser [2]The U.S. Attorney in Manhattan formally indicted one-time Hillary Clinton fundraiser Norman Hsu today, laying out what prosecutors described as a “massive fraud scheme” that allegedly left investors in Hsu’s fictitious clothing businesses taken to the tune of $20 million.

The indictment charges Hsu with six counts of mail fraud, six counts of wire fraud, and three counts of violating the Federal Election Campaign Act for allegedly squeezing contributions out of his investors, and in some cases, repaying donors who wrote checks to Hsu’s chosen political candidates.

Hsu remains in a California jail on separate fraud charges there, but prosecutors in New York said they expect Hsu to be transferred there “in coming weeks.”

It will be interesting, I think, to see how this one plays out, vis a vie’ Hillary Clinton. A lot of this depends on who is this prosecution case.  I will reluctantly point out to you that Eliot Spitzer was attorney general for the state of New York. You see what a disaster that turned into.

I’ve done a little investigation into this, and it appears that the U.S. attorney in question one Michael J. Garcia is one that can be trusted.  Mr. Garcia is the former assistant Secretary for immigration and customs enforcement, (ICE) and was appointed to the position by President Bush back in march of 2003. Garcia actually served as the acting commissioner of the INS from December of 2002 until it was absorbed by DHS.

Mrs. Wiliam Clinton [3]The position that Mr. Garcia now holds his one that he has held previously, from 1992 until 2001, and he built himself quite the record while there.

Of course, I fully anticipate that this is going to generate a lot of traffic on the left side of the sphere about how a prosecutor is a crony of the Bush white house.  Of course, that complaint would be present about anyone who was not a clone of the aforementioned Mr. Spitzer… whose own ethics have been the subject of legal investigation of late here in NY.

I not only to anticipate a vigorous prosecution as regards Mr Hsu, but I anticipate any one who was involved with him to be similarly prosecuted.  As a result, my guess is that Hillary Clinton will find herself, in this election cycle wishing that Barack Obama was the worst of her concerns.  I have a feeling, too, that the love affair she and Bubba have had with the Chinese of late, will be history.

As always, Memeorandum has lots of reax.