Moe Lane has the story of a major Democrat arrested for a huge fraud. Gabe at Ace's has more. This below from a blog that highlights news items on the guy. If you read down from the top for his recent business moves, it may suggest how he was planning on being paid back. Clean energy, wireless communications? What do you want to bet this guy has been cashing in on his political work for years?
Hassan Nemazee is a successful entrepreneur, investment manager and social activist. Nemazee’s various activities span a large part of the previous 40 years, and he has held high positions in various leading companies, tertiary educational institutions, serving on a number of boards and committees at Harvard University, as well as deep personal involvement with the Democratic Party.
Hassan Nemazee is involved in a large number of charitable and international causes, including the Brain Trauma Foundation. Nemazee was born to Iranian parents, and despite having been born and bred in America, he is a leading figure in the Iranian community.
After Clinton’s conceding the battle for the Democratic nomination for the presidential bid, Nemazee immediately enlisted to the Barack Obama campaign for the Presidency, placing all else aside for the good of the party and America. It is his political involvement that has seen Nemazee featured in the news over the past period, especially his efforts for Obama in convincing Clinton backers to adopt the Obama campaign.
The most recent articles about Nemazee appeared in the New York Times as well as in the New York Observer. These, and other news stories, can be found at Nemazee Capital, which Hassan Nemazee founded, and where he is currently Chairman and CEO.
Hello,My name is Earl and this Karma overload is Killing me!
Please slow down Dan,I cant take any more of this fun in just one day.Try spacing it out before my sides split like a melon in the sun.
Posted by: Rich K | Tuesday, August 25, 2009 at 08:08 PM
Dan: Hassan Nemazee and his capital partner Alan Quasha are friends of George W. Bush. They bailed out Harken Energy when Bush was running it. Nemazee and Quasha pretty much invest with each other. They are co-partners in Carret Asset Management a name they bought from legendary Wall Street investor and friend of Warren Buffet, Philip Carret in the waning days of his life.
These two are slick operators.
Keep going on this story and you're going to find the BCCI alice in wonderland hole.
Oh, and Nemazee and Quasha set up Terry McAuliffe with is own DC office in between his jobs as DNC Chairman and then Hilary's Finance Chair.
Posted by: WTF Capital Investments | Tuesday, August 25, 2009 at 10:56 PM
wait until they look at Bedford Funding...a bigger crook.
Posted by: Jim Mancil | Thursday, August 27, 2009 at 06:24 PM