Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (15457)	9/22/2007 2:21:03 PM
From: Hope Praytochange	Read Replies (2) of 224744

Hsu Left a Bitter Legacy in Hong Kong By KEITH BRADSHER Published: September 23, 2007 HONG KONG, Sept. 20 — Long before Norman Hsu became a controversial figure in American political fund-raising, he had a tangled history of business dealings in Hong Kong with friends and investors who remain bitter about him. A former university friend describes Mr. Hsu as having taken money in the 1980s for an apartment building investment and an American distribution company, and then failing to return the money or account for it. Another former friend said that Mr. Hsu had lavishly spent the money of two other distribution companies, and one creditor pursued Mr. Hsu for years through the bankruptcy courts. Mr. Hsu has left a trail of disillusioned investors stretching across more than two decades and two continents. Leaving angry investors behind in Hong Kong in the late 1980s, he went to California, where he ended up being convicted of corporate theft in 1992 but disappeared before his sentencing; his lawyer now wants the conviction expunged. nytimes.com

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