May 10, 2008

Clinton Donor Investigation

What is it with Hillary Clinton donors and the law?

Federal prosecutors have opened a criminal investigation into a Washington-area donor to Hillary Clinton's presidential campaign, investigating whether he illegally reimbursed other contributors.

The case is similar to one brought last year against Norman Hsu, a New York businessman who was indicted in November on charges of paying associates for donations to the New York senator. The Clinton campaign ultimately returned more than $800,000 raised by Mr. Hsu, who was also accused of cheating investors out of millions of dollars.

The new investigation centers around contributions last year by William Danielczyk, chairman of Galen Capital Corp., a northern Virginia private-equity firm, and by the executive's family, employees and investors, according to lawyers and others close to the case.

Investigators are seeking to determine whether the contributions Mr. Danielczyk solicited for Sen. Clinton were then repaid by his company. It is a federal crime to reimburse political contributions, punishable by fines and sometimes imprisonment.

And here I thought that it was the GOP that was the party of big-money financiers who are out to buy elections. Interesting, isn't it, that such folks keep turning up in the campaigns of Democrats -- at least those of Democrats named Clinton, and have for the last 15 years or so.

After all, honesty is such a lonely word.

Cue the music!

Posted by: Greg at 02:24 AM | No Comments | Add Comment
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