Nemazee, a Top Fundraiser for Party, Is Charged With Fraud Related to Loan.
Just 11 months ago, Hassan Nemazee ranked as one of the Democratic Party's premier money men -- hosting a $28,500-a-head fundraiser in his luxurious home on New York's Upper East Side for Democratic presidential candidate Barack Obama.
The charges prompted a scramble among top Democrats to distance themselves from Nemazee, 59, who together with his wife has contributed more than $750,000 over the past 15 years to federal committees and candidates, including Obama, Vice President Biden and Secretary of State Hillary Rodham Clinton, records show.
Biden and several others pledged to return at least some of Nemazee's campaign contributions or donate them to charity, while the Democratic National Committee -- which controls Obama's campaign chest -- said it is considering doing the same.
Answer by Crissy1213 at 2:36 PM on Sep. 14, 2009
The National Republican Senatorial Committee called on Senate Democrats to "return any and all contributions that they received from this disgraced financier to preserve the integrity of fundraising efforts in 2010."
Anyone else feel like wherever we turn, another FRAUD shows up in our political system?
Answer by grlygrlz2 at 1:51 PM on Sep. 14, 2009
Answer by Anonymous at 1:54 PM on Sep. 14, 2009
Answer by grlygrlz2 at 1:56 PM on Sep. 14, 2009
Answer by yourspecialkid at 2:05 PM on Sep. 14, 2009
Answer by lovinangels at 2:09 PM on Sep. 14, 2009
Answer by Anonymous at 2:41 PM on Sep. 14, 2009
Answer by itsmesteph11 at 3:00 PM on Sep. 14, 2009
Answer by momof030404 at 3:04 PM on Sep. 14, 2009
Answer by mancosmomma at 3:26 PM on Sep. 14, 2009