Wednesday, September 12, 2007

$40 Million Borrowed by Dirty Demo Fundraiser Hsu is Missing

The Norman Hsu story just keeps building. Now $40 million has gone missing.



Woodstock rock festival guru Joel Rosenman, part of an investment firm, says he wants the money back.

Meanwhile, leading Democratic candidates, including Hillary Clinton, continue to face real embarrassment over the fox who helped build portions of the Democratic fund-raising henhouse.


The mystery of where a dirty Democratic fundraiser got the money to lead a lavish lifestyle, fund political campaigns and post a $2 million bond to get out of jail appears to have a Woodstock connection, according to a report published in Wednesday's Wall Street Journal.


The newspaper reports that a company run by Norman Hsu, who donated nearly $2 million to Democratic candidates since 2004 — including presidential hopeful Sen. Hillary Clinton — recently received $40 million from a Madison Avenue investment fund run by Joel Rosenman, one of the creators of the fabled Woodstock rock festival in 1969.


Now, that $40 million is missing, Rosenman reportedly told investors this week.



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