For McCain, Another Crooked Fundraiser
For McCain, Another Problem Fundraiser
July 09, 2008 12:32 PM
Justin Rood Reports:
A former investment banker who admitted to "loaning" himself millions from his client's accounts without their knowledge is a fundraiser and donor for John McCain's presidential campaign and the Republican party.
In a 2006 interview with the Willamette Week newspaper, onetime Oregon venture capitalist Craig Berkman said that between 1998 and 2001 he borrowed $5 million from the investors whose funds he controlled, and failed to tell "most" of them what he had done.
Still, "I was a good steward of investors' funds," Berkman told the paper's reporter.
--MORE--
July 09, 2008 12:32 PM
Justin Rood Reports:
A former investment banker who admitted to "loaning" himself millions from his client's accounts without their knowledge is a fundraiser and donor for John McCain's presidential campaign and the Republican party.
In a 2006 interview with the Willamette Week newspaper, onetime Oregon venture capitalist Craig Berkman said that between 1998 and 2001 he borrowed $5 million from the investors whose funds he controlled, and failed to tell "most" of them what he had done.
Still, "I was a good steward of investors' funds," Berkman told the paper's reporter.
--MORE--