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Edward Kennedy
of the death of Kennedy,
RM259m scam
dies aged 77
colleague,” said Obama.
“I cherished his con-
fidence and momentous
support in my race for the
NEW YORK: A prominent Democratic party presidency. And even as he
fundraiser, New York financier Hassan Nemazee, waged a valiant struggle with
was charged on Tuesday with using fake docu- a mortal illness, I’ve profited
ments to secure a US$74 million (RM259 mil- BOSTON (Massachusetts): John F. Kennedy and Sena- Kennedy was a longtime as president from his encour-
lion) loan from Citibank. US Senator Edward Kennedy, tor Robert Kennedy – and advocate of healthcare agement and wisdom.”
Nemazee, chairman of Nemazee Capital, was a towering figure in the dealt a blow to Democrats reform, a signature issue Kennedy’s endorsement
detained while checking in at Newark Airport Democratic Party who took as they seek to answer of Obama’s presidency. last year was seen as pivotal
for a flight to Rome on Sunday and has been the helm of one of America’s President Barack Obama’s Obama said yesterday he in Obama’s winning of the
charged with one count of bank fraud, the fed- most fabled political families call for an overhaul of the was heartbroken to hear Democratic presidential
eral prosecutor’s office in Manhattan said. after two older brothers were healthcare system. nomination. Many saw the
Nemazee, 59, faces a maximum prison term assassinated, died at age 77, endorsement of the first-
of 30 years and a maximum fine of US$1 million his family said.
Ed wa rd M . Ke nn ed y term senator as the passing
(RM3.5 million). OnPointe: “Edward M. Kennedy, of the political torch to a new
Prominent both as a donor and fund raiser All equal the husband, father, 1932-2009 elder generation. A year to the day
during Hillary Clinton’s failed bid for the Demo- grandfather, brother and America’s influential before his death, Kennedy
cratic presidential nomination and then for and a one uncle we loved so deeply, statesman and domina
nt voice made an electrifying speech
righ ts,
Barack Obama’s successful White House cam- nation died late Tuesday night on health care, civil to the Democratic conven-
paign, Nemazee is accused of faking evidence of pg 13 at home in Hyannis Port war, and peace tion that nominated Obama
collateral in order to obtain the loan. Moore for president.
(Massachusetts),” the Feb 22, 1932: Edward
ton suburb
This allegedly included giving fictional ad- Kennedy family said in a Kennedy born in Bos Leaders around the
st of nine
dresses and phone numbers of purported finan- statement early yesterday. of Brookline, younge ned y world joined Americans in
P. Ken
cial backers, which were in fact linked to him. Kennedy had brain can- children of Joseph paying tribute to Kennedy.
Kennedy
“Nemazee engaged in a fraudulent scheme to and Rose Fitzgerald “Senator Edward
cer, which was diagnosed vard
induce Citibank to lend up to US$74 million to in May 2008. 1951: Expelled from Har Kennedy will be mourned
y
for cheating, joins arm not just in America but
him based on false representations that Nemazee Known as “Teddy”, he law degree
owned millions of dollars in collateral,” US At- was one of the most influ- 1956: Graduates with in every continent. He is
g rea dmi tted to Har vard
after bein
torney Preet Bharara said in a statement. ential and longest-serving n F. Ken ned y admired around the world
The phony paperwork persuaded the bank 1960: Brother Joh as the Senator of Senators,”
senators in US history, a ating his
elected president, vac
that he had other accounts worth “many hun- liberal standard-bearer who Massachusetts seat in
Senate Britain’s Prime Minister
dreds of millions of dollars. In fact, those were recovered politically from a 196 2: Edw ard elec ted Gordon Brown said.
fraudulent and forged documents,” Bharara string of personal scandals sen ator for Mas sac hus etts Brown’s predeces-
said. to become a consummate – post he holds until sor Tony Blair praised
“Specifically, the various accounts referenced congressional dealmaker. end of his life Kennedy as “a true public
lth
in the fraudulent documents that Nemazee sub- Kennedy’s death 1963: President 1996-97: Authors Hea servant” and “a figure
tabi lity Act ,
mitted, and caused to be submitted, to Citibank marked the twilight of a Kennedy assassinated Insurance and Por ntai n who inspired admiration,
jobless to mai
which allows
either never existed or had been closed years political dynasty that in- 1967: Speaks out med ical insurance; and respect and devotion
against Vietnam war which not just in America but
before.” – AFP cluded brothers President Children’s Health Act,
1968: Brother Robert lth care
dur ing increases access to hea around the world”.
ed
F. Kennedy assassinat paig n 200 8: End orse s Barack Obama “Ted hailed from a
l cam
Democratic presidentia ion, effectively most famous Irish-Amer-
ima ge bad ly for Democratic nominat for
1969: Ken ned y’s ton ’s bid
h which kills ending Hillary Clin ican family, and through
tarnished after car cras ne on presidency his own endeavours and
ger Mar y Jo Kop ech nt
passen maligna
quid dick isla nd May: Diagnosed with achievement, he has
Cha ppa
uildwal
rebdra
fortowith polioftica l ish brain tumour
Brit added further lustre to
1981:
197 Beglsins
0: Cal 9: Edw ard Ken ned y
as cha mpi
Nor onnofIrela
ther ral causes
libend Aug 25, 200 t, the reputation of a great
careps
troo er from e in Hya nni s Por
rebdra
fortowith uildwalpolioftica l ish dies at hom
Brit family,” Irish Prime
1970:
198 Callsins
1: Beg Massac hus etts
as cha mpi
Nor onnofIrela
ther ral causes
libend © GRAPHIC NEWS Minister Brian Cowen
troops
care er from
Pictures: Getty Images said. – Reuters