Obama And That Other Ponzi Scheme
President-elect's name may emerge in Norman Hsu fraud trial
By Guest Column —— Bio and Archives--January 1, 2009
American Politics, News | Comments | Back To Full Article
DECEMBER 31--As if being linked to one high-profile criminal case weren't enough, President-elect Barack Obama's name may soon pop up in another federal prosecution, this one involving a massive Ponzi scheme (no, the other massive Ponzi scheme). In addition to the Rod Blagojevich pay-for-play probe, Obama could figure in the upcoming fraud trial of Norman Hsu, the disgraced Democratic fundraiser who was charged last year with operating a $60 million pyramid scheme.
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