POLITICS: Hillary Clintons Former Campaign Finance Director Indicted, page 1

David Rosen, the finance director for Hillary Rodham-Clinton's Senate campaign, has been indicted in Los Angeles for understating the costs for a 2000 dinner and concert fundraiser. The event raised both "hard" and "soft" money for Mrs. Clinton, the Democrats' national Senate campaign organization, and a state Democratic Party committee. By understating the costs, it was possible to use more "soft money" to pay for the fundraiser, thus saving "hard money" for the campaign.

www.wnbc.com
The indictment, rare for a political campaign, was unsealed in Los Angeles charging David Rosen with four counts of filing false reports with the Federal Election Commission. The charges focus on an Aug. 12, 2000, dinner and concert supported by more than $1.1 million in "in-kind contributions" -- goods and services provided for free or below cost. The event was estimated to cost more than $1.2 million.

The FBI previously said in court papers that it had evidence the former first lady's campaign deliberately understated its fund-raising costs so it would have more money to spend on her campaign.

While the event allegedly cost more than $1.2 million, the indictment said, Rosen reported contributions of about $400,000, knowing the figure to be false.

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It will be interesting to see if this is the first crack in Hillary's projected run for president in 2008. With the target that both Clintons seem to wear, any small incident can provide fodder for politicians and the media. I find it hard to believe that Hillary could even consider a run for president considering all the skeletons that could come out again.

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[edit on 1/7/2005 by eaglewingz]