Geraghty has some great stuff about Hsu at the The Campaign Spot, but here’s my round-up of today’s Hsu news. There’s another very good piece in The New York Times that contains this jaw dropper:
The campaign is refunding $850,000 to these donors, viewing the money as tainted. Yet the campaign is also risking another public relations mess by saying that it would take back the money if it clearly came from the donor’s bank account, not from Mr. Hsu or another source … The campaign will try to get most of the donors to give the money back right after the refunds, said a senior Democratic strategist who advises Mrs. Clinton’s campaign. “That’s the plan,” the strategist said.
Uh, okay. No way that could backfire, particularly since there’s a good chance that of the 260 odd donations “bundled” by Hsu at least some them were complicit in fraud along with Hsu. Considering what a good job the campaign did with Hsu’s background check, I imagine they won’t overlook a thing investigating 260 of his associates. And speaking of fraud, the Wall Street Journal has another great revelatory piece on Hsu:
New documents reviewed by The Wall Street Journal may help point to an answer: A company controlled by Mr. Hsu recently received $40 million from a Madison Avenue investment fund run by Joel Rosenman, who was one of the creators of the Woodstock rock festival in 1969. That money, Mr. Rosenman told investors this week, is missing.
Funny that the Woodstock founder is such a capitalist, though maybe after falling for Hsu’s schemes not a very good one. The Times piece also offers a good explanation for why this story isn’t dominating the news more. Both Edwards and Obama have their own campaign finance scandals and are in no position to call out the frontrunner. A man who bundled $125K to Edwards is facing charges he used straw donors to funnel money, and Obama’s still holding on to money from a Chicago developer facing federal corruption charges.
Finally, I know that media bias is frequent topic here at NR, but I just want to say the major newspapers thus far have done GREAT job covering this story.






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