Where's the outrage?

The U.S. attorney in New York on Tuesday charged a New York investor and major Democratic fund-raiser with a $74 million scheme to defraud Citigroup.

Hassan Nemazee, 59, was charged with one count of bank fraud, and faces up to 30 years in prison plus a fine. His lawyer Marc Mukasey, a former federal prosecutor, did not immediately return a call seeking comment.

Nemazee was a national finance chair of U.S. Secretary of State Hillary Clinton's 2008 presidential campaign, and a supporter of John Kerry's run for the White House in 2004.

He typically donates more than $100,000 annually to Democratic political candidates, including Senate Majority Leader Harry Reid and Senator Charles Schumer, and sits on the board of the Iranian American Political Action Committee.

Bill Clinton, when he was president, nominated Nemazee to be U.S. ambassador to Argentina.

The Feds stopped him at the airport on Sunday. He repaid a more than $74 million loan to Citigroup the following day.

More a the news site.
-----------------------
Look at the Boards he is on at Wikipedia.

And this is scarey.

Political Involvement

Nemazee is also known as one of the top political donors in the United States.
During the United States presidential election, 2004, Nemazee was a supporter of John Kerry and a major contributor to his campaign. He was the New York Finance Chair for the Kerry campaign, and is currently the national finance chairman of the Democratic Senatorial Campaign Committee.[5] With Nemazee as the national finance chair, Chuck Schumer's DSCC in 2006 raised $115 million, outpacing the NRSC by substantial sums, and helping the Democratic Party take control of the Senate.[6] During his presidency, Bill Clinton nominated Nemazee to fill the position of U.S. Ambassador to Argentina.[7]

More recently, Nemazee served as Finance Chairman to Hillary Clinton's 2007-08 presidential campaign, and also donated $50,000 (the maximum amount) to Barack Obama's Presidential Inaugural Committee.[8] In addition, Nemazee was a bundler for the 2009 Presidential Inaugural Committee.[9]

-----------------------
Bloomberg also remembers another Major Donor - "Another prominent fundraiser for Democrats, Norman Hsu, was convicted by a federal jury in May of campaign finance fraud for making tens of thousands of dollars in illegal donations. He also pleaded guilty to cheating investors of more than $20 million in a Ponzi scheme. He has yet to be sentenced."