September 21, 2009

REUTERS: U.S. charges Obama fund-raiser in $290 million fraud. “Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.” Boy, the hits just keep on coming, don’t they? Plus, it sounds like Obama may have actually gotten some of the money: “The office of the U.S. Attorney in Manhattan and the FBI said he used the proceeds of his scheme to make donations to election campaigns of federal, state and local candidates, donations to political action committees and charities.” Say, does ACORN count as a “charity?” Just wondering. . . .

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