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December 1, 2008 8:27:56 AM CST



Hsu Surrenders; Campaigns Lick Wounds and Revisit Vetting

Posted Sep 1, 07 9:09 AM CDT in US Politics 

(Newser) – Fugitive financier Norman Hsu surrendered to a San Mateo, CA, court yesterday, and was released on $2 million bail, leaving political types to wonder how someone with an outstanding grand theft charge could slip under the radar of so many campaigns, especially the experienced hands who let him donate and raise more than $130,000 for Hillary Clinton, the LA Times reports.

Clinton aides plead the impossiblity of vetting more than half a milllion contributors, and  note that though Hsu was "a regular face" at fundraisers he never asked for favors. The fact that he gave to several other Democratic candidates also implied that others had vetted him. "There is a series of steps to examining donations when they come in," said Clinton's communications director. "These did not uncover this decade-plus-old warrant."

Source Los Angeles Times

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Norman Hsu, center, leaves a San Mateo County jail with Jason Booth, left, and attorney Somnath Raj Chatterjee, right, in Redwood City, Calif., Friday, Aug. 31, 2007. Hsu, a top Democratic fundraiser...   (Associated Press)
Norman Hsu prepares to surrender, as he is followed up unidentified attorney, left, as he arrives at a San Mateo County Superior Court in Redwood City, Calif., Friday, Aug. 31, 2007. Hsu, a top Democratic...   (Associated Press)
Norman Hsu prepares to surrender as he arrives at a San Mateo County Superior Court in Redwood City, Calif., Friday, Aug. 31, 2007. Hsu, a top Democratic fundraiser wanted as a fugitive in California,...   (Associated Press)
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