Posted by Stormin Norman at gw00.rosenet.ne.jp on June 21, 2001 at 22:53:08:
In Reply to: I'm sure you've seen this already posted by Happy Daisy on June 21, 2001 at 22:46:12:
: But in case you hadn't:
: Los Angeles, June 20 (Bloomberg) EPeter Paul, indicted last week
: for a securities-fraud scheme that allegedly bilked Stan Lee Media
: Inc. investors out of $25 million, filed a lawsuit accusing former
: President Bill Clinton and Senator Hillary Rodham Clinton of causing
: him to break campaign-finance laws.
: Pauls attorney, Larry Klayman, last week said his client had given
: more than $2 million of the proceeds from the fraud scheme to Hillary
: Clintons campaign by helping finance an Aug. 13 Hollywood tribute to
: her husband during the Democratic National Convention. Paul also
: allegedly spent $150,000 to host a luncheon and transferred $55,000
: worth of stock to a pro-choice group in Illinois on behalf of Hillary
: Clinton.
: Paul claims the Clintons committed fraud and conspiracy. Pauls
: lawyer, Klayman, is chairman of Judicial Watch, an organization that
: filed numerous suits against Bill Clinton and his administration. Paul
: said he never reported the gifts to the government because he was
: relying on the Clintons to comply with election laws. The suit seeks
: compensatory and punitive damages.
: Because Paul was unfamiliar with federal election campaign
: fundraising requirements, he reasonably reliedEon the Clintons to
: comply with all applicable fundraising requirementsEand report the
: gifts to the Federal Election Commission, according to the complaint
: filed in Los Angeles Superior Court.
: The failure to report the gifts places him at substantial riskE: of violating campaign finance laws, Paul said in the suit.
: Clintons campaign refunded a $2,000 donation received from Paul in
: June on Aug. 16, three days after the fundraiser, according to Federal
: Election Commission records.
: A call to Julia Payne, spokeswoman for the former president, and a
: page to Senator Clintons communications office were not returned late
: Wednesday.
: Seeking Favors
: Aaron Tonken, described as an event producer who first approached
: Paul about contributing money to the Democratic Party, and David
: Rosen, Senator Clintons director of finance, are also named as
: defendants in the lawsuit filed in Los Angeles Superior Court.
: Paul claims he made the contributions to gain favors from President
: Clinton, including a pardon for a 1979 felony conviction and a
: Presidential Medal of Freedom for comic-book artist Stan Lee. Neither
: request was granted.
: Paul and three others were charged on June 12 with manipulating
: Stan Lee shares through nominee accounts, set up to conceal their
: trading. Paul, 52, is living in Brazil, Klayman said last week.
: Comic book creator Lee, who was not charged with wrongdoing in the
: securities-fraud case, is known for the characters Spider-Man, the
: Incredible Hulk and the X-Men he drew while at Marvel Comics.
: Encino, California-based Stan Lee Media filed for Chapter 11
: bankruptcy protection in February.
Money changes everyone. At least Stan got away scot free.
Later
Stormin!