Word: moneys
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Dates: during 1990-1999
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Last week Johnny Chung, a prominent business leader from Los Angeles, confessed to raising $300,000 illegally for the Democratic National Committee (DNC) during the 1996 elections. Chung, one of the Democratic Party's biggest fundraisers, confessed to taking money from China and funneling it to President Clinton's campaign. And there may be more. According to the New York Times, millions of dollars were channeled from the Chinese government to the Los Angeles bank used by Chung...
...ironic that Clinton, who has always been an ardent proponent of campaign-finance reform, would stoop so low as to take money--and plenty of it--from an illegal source. The number one rule in campaign finance regulation is, after all, "do not take money from foreign governments...
...fears, however. More importantly is the fact, amid massive allegations of Chinese tampering--stealing nuclear technology and spying in several of our most top-secret labs--that they also tried to influence our Presidential elections. Testifying before a Senate committee, Chung revealed that $200,000 of the money had come from Lieut. Col. Liu Chaoying, a Chinese military officer and aerospace executive who reportedly said to Chung when he give him the money, "We like your President. We want...
...donors who will ante up $1,000 for a presidential contender, but BILL BRADLEY seems to be breaking the mold. His supporters include heavy hitters in the business world who have never been involved in politics, and even some Republicans. Goldman Sachs president JOHN THORNTON hasn't raised money for a candidate before, doesn't even give to the company's political-action committee; but since meeting Bradley nine months ago, he has been asking for and getting checks from friends--including Goldman chairman HENRY PAULSON, a Republican who's backing JOHN MCCAIN. J.P. Morgan managing director JACKSON...
STEALING HOME Sharp entrepreneurs have made a business out of selling information about foreclosed homes, promising to provide tips on bargains for a "small fee." Save your money. Finding these distressed properties has become easier now that the Department of Housing and Urban Development is listing a wide selection of foreclosed homes on the Web www.hud.gov) You can search the site by state. Just be sure to inspect the home before making a bid, so you don't end up buying someone else's problem...