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First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC News Political Reporter



Hsu turns himself in

Posted: Friday, August 31, 2007 12:42 PM by Domenico Montanaro
Filed Under:

From NBC’s Domenico Montanaro
Democratic fund-raiser Norman Hsu has turned himself into police in California for a 15-year-old outstanding warrant. The Los Angeles Times, which first reported that Hsu was a fugitive, reports: “Prosecutors in California said Hsu disappeared in 1992 after pleading no contest and agreeing to serve up to three years in prison for defrauding investors in a Ponzi scheme.”


San Mateo Sheriff's booking photo of Norman Hsu.
Hsu, who a judge ordered handcuffed, faces a grand theft charge. He is being held on $2 million bond. A bail hearing is scheduled for Sept. 5th, where a judge may consider reducing his bail to $1 million.

Hsu signed on to be a Clinton “HillRaiser,” a group of individuals who pledged to raise at least $100,000 for the New York senator’s presidential run. He has helped raise or donate money for many Democrats, including Clinton (during her presidential run), Obama (during his 2004 U.S. Senate run) and New York Gov. Eliot Spitzer.

Here's a statement from Hsu’s attorney, Jim Brosnahan, released today: "The 15-year-old legal matter that Norman Hsu has is moving toward resolution. We arranged for him to appear in court and put up monies for bail, which can also be used for restitution to any persons who might still be unpaid. We have had productive preliminary conversations with the Attorney General's office concerning resolution of this old matter. "

**** UPDATE **** Per NBC's Andrew Merten, Speaking to reporters today at the New York state fair, Clinton said she believes Norman Hsu has "done the right thing" in turning himself in to California authorities.

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Comments

Hillary lost her idealism a long time ago. I want a women president but she is definately not the right woman for the job.
Van --

O.K., we get it: You are fully prepared to personally ram Senator Clinton down everyone's throat; to cast bitter aspersions on the parentage and patriotism of anyone who so much as questions her bona fides or her record or her experience or her qualifications or her stance on any particular issue on any particular day befor any particular audience.

We are to shut up forthwith and do what we're told, because you and Hillary's websites say so.

You are one with the entire tone and thrust of her campaign to date, and give us daily a richly detailed preview of what a Clinton Presidency would actually look like  --  how she will be handling criticism, dealing with dissenters, and, in general, "ruling" us.

"Shut up and do what you're told, because we say so, and what we want is inevitable, so get used to it, etc., etc., etc., you unthinking, ignorant, ungrateful, un-Democratic and un-American peasants."

Well, this is not a cure for the ills of the Bush Years, sonny-boy.

And there are millions upon millions of Independent voters out here upon whom you will be depending for ultimate success at the polls  --  assuming Hillary isn't Diebold's Candidate of Choice this time around, a very large assumption indeed  --  and we do not ... repeat DO NOT ... respond very favorably to your brand of "Love Her or Leave the Country" bullshit.

The more you airily insist on our visiting her websites (instead of answering legitimate questions simply and humbly in your own words), the less likely we are to do so. The more you demand our votes in that inimitable style which I can only assume you feel is masterful and regal and irresistible and god-knows-what-else, the more likely we are to continue casting about for Somebody Else  --  Anybody Else  --  to pull the lever for.

Because frankly, Van, you sound like a Dictator-in-Waiting who's getting pretty goddamn sick and tired of having to play this Democracy Game  --  you know, the one where all us humble little folk gather 'round the water-cooler and hash things out; expressing our humble little heart-felt opinions, and make up our own minds in our time about who the best person might be to elect President of the United States  --  and who is just itching, along with the candidate you support, to wave your hand imperiously so we all start bowing and scraping and tugging our forelocks in homage to The Greater Wisdom ... which, of course, y'all and y'all alone possess.

So keep it up, pally. Keep loudly insisting when you ought to be quietly convincing. Keep playing Lord of the Manor and Bringer of the Light when you ought to be rolling up your shirtsleeves and engaging in serious creative give-and-take dialog with the folks you now expect to roll over and play dead when you brandish your supposed superiority.

Keep it up every single day from now to the primaries and right on through the election  --  and I guarantee you'll need every trick in Diebold's arsenal kust to keep from being run out of town on a rail by a nation which, when all is said and done, just has never really cottoned to being dictated to for more than a decade at any one time.

And The Shrub has pretty much used that decade all up.

Senator Clinton's benevolent mask is just about skin deep, by my reckoning  --  and that mask slips just a little bit further every time she lets guys like you off the leash. You probably see yourself as the face of her campaign on this forum, and so do I: and if she ever had a shot at my vote, you've irretrievably lost it for her.

Because the face you show just ain't what I'd call appetizin', amigo. I don't do lock-step. I don't drink the kool-aid. I don't worship human beings, and I don't vote for candidates represented by cream-puffs posing as steam-rollers.

I'm an American Independent, and that says it all.



If Hsu had a little more fluff in his hair, he'd kind'a look like Phil Spector, dont'cha think?
I see that hsu finally done the right thing and turned himself in for his criminal activities, has hillary yet or is she still on the lamb?
Is this all the attention it gets? This is a bigger story than everything else political, yet MSNBC gives it a quiet mention, no attention. Is that because Hsu donated to the proper political party?


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