SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (573467)5/9/2004 10:08:16 PM
From: sandintoes  Respond to of 769670
 
FEC Heat Hurts Hillary's VP Chances

04/19/2004 7:02:20 AM PDT by kattracks
The Federal Election Commission has opened a formal probe into a star-studded Aug. 12, 2000 Hollywood fundraiser for then-first lady Hillary Clinton's Senate campaign, Fox News Channel reported on Sunday.

And some say the development is at least partly responsible for Sen. Clinton's claim that she's not interested in joining John Kerry's presidential ticket.

The allegations themselves are not new: Two of the event's organizers, Hollywood producer Peter Paul and charity fundraiser Aaron Tonken, have detailed a series of transactions undertaken in conjunction with Hillary's campaign that could violate FEC regulations, with Paul charging that the campaign failed to report nearly $2 million he spent producing the event.


The question for the Clintons, not to mention the Democratic Party, is: What prompted the FEC to finally get off the dime?

Three years ago the Commission snubbed requests from Paul's legal team, the Washington-based group Judicial Watch, for a probe. And the Justice Department left him languishing in a Brazilian jail on unrelated stock fraud charges until last September.

But months before Paul was returned to the U.S. to stand trial in the stock case, Hollywood fundraiser Aaron Tonken began cooperating with federal probers. Tonken has said that he's a star witness against the Clintons in a federal grand jury probe in New York into Mr. Clinton's Marc Rich pardon - and has been cooperating with the U.S. attorney in Los Angeles who's probing his fundraising activities.

As the case reheats, some Democrats sound like they sense trouble.

"This is nonsense," Hank Sheinkopf, who worked on the Clinton-Gore reelection team in 1996, told Fox News Channel's Eric Shawn. "If there was a case here, why did the government wait so long?"

Asked about a paper trail that reportedly backs both Tonken and Paul's account, Sheinkopf said that even if the charges were proved, they would be "a violation of [FEC] regulations, not a violation of law."

True enough. But grand juries in New York and Los Angeles are conducting parallel investigations into possible criminality, with the focus shifting to whether witnesses have made false statements to probers in the case.

A recent conviction on similar charges has home decorating diva Martha Stewart looking at the business end of a substantial jail term.

And while prosecutors say publicly that Mrs. Clinton isn't part of any criminal probe, the investigation is moving perilously close to her.

In December the feds announced they were investigating David Rosen, the finance chairman of her Senate campaign, in connection with the Paul-Tonken event.

There are also indications that prosecutors are concerned about tipping their hand, and don't want key witnesses saying anything that might kill their case. Fox newsman Shawn reported that a recently scheduled jailhouse interview with Peter Paul was scuttled at the last minute - even though Paul had agreed to do it.

No wonder Sen. Clinton decided it was better to lay low this election year rather than invite the kind of media scrutiny that a her presence on a presidential ticket might bring to Paul and Tonken's accusations.

freerepublic.com