Here is the story, in its entirety:
Back in the United States, a leading Democratic donor has been arrested and charged with seeking to defraud the financial giant Citibank. Hassan Nemazee is accused of submitting forged documents to secure a $74 million loan. Nemazee has given at least $150,000 to the Democratic Senatorial Campaign Committee since 2006 and supported several other leading Democratic politicians.
Not much to sink your teeth into there. Could it be that Goodman is downplaying this story? Who is Hassan Nemazee, anyway?
Nemazee, it turns out, is an Iranian-American real-estate developer and investor, and is currently Chairman and CEO of Nemazee Capital Corporation, a holdings company that invests in both public and private companies. After making millions of dollars in his dealings, he began to actively support the Democratic Party with large cash contributions. He was the principal fundraiser for John Kerry‘s 2004 presidential campaign, for which he raised more than $100,000. He gave more than $150,000 to the Democratic National Committee (DNC) during the 1990s, at least $60,000 to Bill Clinton’s legal defense fund, and $250,000 toÂ Al Gore‘s presidential campaign in 2000.
So is he just a zealous Democratic Party supporter with deep pockets?
Not quite. This may be the part Goodman was reluctant to talk about. Nemazee, you see, has a dark secret: heâ€™s a terrorist sympathizer.
Nemazee is a Board of Trustees member with the Asia Society, an organization sympathetic to the oppressive, terrorism-sponsoring Islamic fundamentalist regime of Iran. The Asia Society has gone on record as â€œrecommending that the United States declare an end to President Bushâ€™s â€˜war on terrorâ€™ and negotiate with Taliban members willing to separate from Al Qaeda.â€ He was a past board member of the American-Iranian Council, a U.S. lobbying group that has consistently supported lifting U.S. sanctions on Iran and accommodating the Tehran regime. He is also a founding board member of the Iranian American Political Action Committee [IAPAC], which seeks to create friendly and lucrative business relationships with the Iranian theocracy ruling that country.
Nemazee, whose bail has been set at $25 millionÂ (secured by his $20 million New York City Apartment), faces a maximum prison term of 30 years.
Now that the Democrats–who have been the major recipients of Nemazeeâ€™s largesse–are running the show, it should be interesting to watch this saga play out.