HIllary’s Money Man

by

This would-be, wanna-be, Queen Hillary, President of the United States, charlatanisms never cease.

Hillary’s money man

Christopher Alleva
Reading the Washington Post Sunday Style section piece on super Hillary fundraiser Bal G. Das yesterday almost sent me reaching for my Vatican Saint Recommendation Form.
Pictured in his impossibly modest midtown Manhattan office with a view of Park Avenue, where rents are north of $100 per square foot, Das is quoted, “What motivates me is leaving this world better than when I found it”

A real profile in altruism, the Post tells us:

“… Das has maxed out the amount he can personally donate while helping to raise what he calculates is more than $300,000 for the cause. Shunning big events, he’s hosted a series of small get-togethers at his Upper East Side home. Most recently, he attended a 1,200-person event of Indian American supporters (including Deepak Chopra) and a much smaller gathering where Clinton and Warren Buffett did a Steve-and-Eydie routine for wealthy supporters such as Vernon Jordan and Steven Rattner. Both events raised approximately $1 million each, according to the campaign.”

I believe this is what you call a gathering of “fat cats.”

Just as I was poised to grab my form and dash it off to the Pope I decided to do a little checking up on Mr. Das. At first I was taken in by Post’s glowing description of Mr. Das,

“A man with a cherubic face and rimless glasses, he sports brown wingtips and a tan summer suit a little short in the arms. He projects a kind of formal sincerity. While nearly everyone involved with the former first lady’s presidential quest calls the candidate Hillary, Das will refer to her only as ‘Senator Clinton.'”

My interest was further piqued by the Post saying he’s at the forefront of fundraisers with a capacity to bring 40 to 50 supremely affluent people together in an intimate setting for Mrs. Clinton’s benefit. Helpfully, the Post reminds us of a recent dust up with the Obama campaign, Senator Obama had to apologize for a staff memo that labeled Clinton as “D-Punjab

“The flap brought to light the tussle within the Democratic Party for the hearts, minds and wallets of this constituency”

So just who is Bal G. Das, super fundraiser? Mr. Das is General Counsel of InsCap Capital Management LLC http://www.inscapllc.com/das.html. formerly known as LILAC. A look at the firm’s website says Mr. Das is responsible for coordinating the firm’s legal, compliance and regulatory affairs. No, this can’t be. I thought Mr. Das was a simply a civic minded contributor just trying to make world a better place by supporting Hillary Clinton.

InsCap Capital Management is a firm involved in a highly controversial tax avoidance scheme called “leveraged life insurance.”

There are several variations to this scheme but one version has wealthy tax payers borrow money to pay life insurance premiums and deduct the interest from their current income, reducing their taxes, while receiving preferential tax treatment upon death or distribution of the policy.

I think this could be characterized as a “tax break for the rich”, Mrs. Clinton.

There you have it: Mr. Das’ occupation and personal wealth are derived directly from legislation passed in Washington. I’m so disillusioned. I thought this guy was selfless and now it turns out he’s nothing more than another rent seeker. I’m not sure contributing to Hillary Clinton campaign is going to make the world a better place, I do know it will probably fatten his wallet.

The Washington Post has swarms of reporters. Perhaps they can assign a few people to look into all these generous donors instead of wasting their readers’ time writing misleading puff pieces on them.

20 Responses to “HIllary’s Money Man”

  1. redhawk Says:

    It will be a Snowy day in July in Washington DC before the Wash Compost will do ANY investigative reporting on the CLINTON’s… Else they’d have been blown out in the 90’s…. that apllies to the NY Slime. the LA Slime , Boston Globe … The one who mIGFHT do it is THE NEW YORK SUN…

  2. snooper Says:

    I wonder why that is…

  3. redhawk Says:

    … HUMMMM An interesting question I must say… I’ll have to do some investigations on this and Contact the Waxman, Conyers, and the Leaky Salami man for consultations.. THEM’s the Experts as you know!!!

  4. Get your facts straight!!! Says:

    Your comments regarding how leverged life insurance is a “highly contraversial tax scheme” are utterly incorrect. Interest payments on a premium finance loan ARE NOT tax deductable. Further, there is absoultely no preferential tax treatment of death benefits stemming from a financed life insurance policy. If you would like to maintain any credibility, you should ensure that your assertions are factual rather than fantasy.

  5. snooper Says:

    Nice try “anonymous” but no one buys it. Most trolls post as “anonymous”.

    Bugger off.

  6. Neela Feinberg Says:

    Bal Gopal Das doing fundraising for Hillary Clinton! The mind boggles! Of all the sleazy, hypocritical, mealy mouthed wannabes! Hyper ambitious and under-equipped, Das was a very mediocre student in India: mediocre in every respect save his vaulting ambition. It’s astonishing how “intelligent” Americans can get taken for a ride by this sleaze ball…. PS. That anonymous post is Das’s own! That language is definitely his.

  7. redhawkone Says:

    … DAS my ASS.. This impersonator of an intelligend Donkey is nothing but an insult to an ordinary jack ass..

  8. Neela Feinberg Says:

    One more thing from those who’ve known Bal G Das in India: he is a pretty damn cold, ruthless wheeler-dealer and climber. (You can literally “see” that in the picture!). BTW, Bal’s uncle in New York is none other than the infamous and criminal Sanjay Bahel, the former UN official indicted by a federal grand jury for fraud. Bahel is about to be sentenced on September 15 to 30 years in prison! Nice! I wonder how much the Clinton supporting Democrats know about this very close family connection of Bal’s? And I wonder how much they would have to do with him if they did?! I mention this because those who know Bal well in India – and his characteristic ruthlessness (he’ll do anything to get ahead) – speculate about exactly how far he’ll go to “get the job done”! It’s kind of neatly ironical when you couple that with people in the US praising him for getting the job done…. Scary! A little knowledge is a dangerous thing. And puhleeze, all that crap about not wanting to be on CNN – he’s just dying to be seen, and known. He was always such a publicity hungry fiend! If you can’t stand publicity, Bal Das, why were you being interviewed in the Washington Post, for god’s sake? Conning a reporter of Indian origin with your bucks? Give us a break! Whom are you trying to fool? Unfortunately for Bal Das, he’ll reveal himself as the thorough mediocrity he is if he makes the huge mistake of going on air. He is linguistically impaired, and totally incapacitated on ideas or ideology. Wait! Watch! Here’s a fraud way beyond anythig you’ve seen!

  9. redhawkone Says:

    How quicly, now that the FBI is investigating the Hitlery war chest donations and pieces of silver from Soros, the hsu donations that the Liar said was $6,000, has escalated to 680,000…. lies… lies… lies.. is all she can say that we now belive!!!

  10. T.Rex Says:

    Wow. Reading this stuff makes me wonder, is this really the bottom line of Dem. politics in D.C.? Daytime soaps ain’t got s*** on this stuff. And it’s happening in real time. My question is this; Who is really the Dem. alpha female queen bitch hyena? Dem.s have that in common with a Hyena pack these days. Hill is mean , but I don’t think she could eat buzzard guts. What about Pollosi? No way . She is a mut. Part Hyena, part poodle. Something tells me there is some snarling, snapping, tick infested, demon possesed hound from hell lurking in the shadows. Who could it be?

  11. redhawkone Says:

    Shillary the Snake, Lanny Davis, Carville, Begala… Now that is what is worse than Bin Laden on our door steps… FRUIT LOOPS are Out of the Box.. Beware!!

  12. Neela Feinberg Says:

    Hmm. I wonder what Hillary’s acolytes are doing now that her imminent political demise is out there for the whole world to see??? I wonder what happens to rotten folk like Bal Das, and his putrid cabal of social climbers and murky wheeler dealers, who’ve made a career of backing the dead wrong horse? Going, going, gone….

  13. ExDelhiLawStudent Says:

    Neela:

    Were you at Campus Law Center in Delhi? I am curious as I was there while BGD was a year junior to me.

  14. Radhika Matthews Says:

    Hey Bal! HILLARY’S NOT GOING TO BE PRESIDENT! DO YOU HEAR ME? So the world is not going to be a better place to live in????!!! Your uncle, Sanjay Bahel’s gone to jail for 8 years now! We know that you’ve provided him free legal advice ever since he got caught. How are you going to get rid of that HUGE BLACK SPOT on your track record? Weren’t you visiting him all the time in his apartment? Wasn’t he the person to whom you were the most closely connected when you were first in NYC? HOW ARE YOU GOING TO GET RID OF ALL THESE FACTS, BAL??? I think NEVER. Stop frauding your way around. The seasoned career diplomats in India don’t take you seriously, not for one minute. You’re going to stumble SOOOOOO BADLY! And now you must be totally depressed because “Senator” Clinton lost. If I were her, I’d have picked an Indian American with more of a track record and more credibility than you, and not drowning in such naked ambition. YOU ARE A VERY LOUSY JOKE!

  15. Aradhika Says:

    Who are you all that dare to make such comments? Are you guys jealous people or politically aware people? Why pick on one person like a personal vendetta? Are you anti democratic party or anti clintons or anti bal?

  16. Radhika Matthews Says:

    Hey Bal! Nice try! You should have thought up a more credible pseudonym than Aradhika, which is a nonsense name. Who are we all to DARE to make such comments? (Nice Fascist lingo!) We are citizens of a free country — the world’s oldest democracy — with a right to free speech. Nobody needs to be “jealous” of lobby fodder. Contempt os more like what people feel, about your overrreaching and fallinf SMACK on your face. And jealous of what? That you’re working your whatever off as a fundraiser for Hillary Clinton? One in several thousands?? Nyah! We’ve been invited to socialize with political heavy weights in the US, and in the White House, for 2 decades now, and don’t need to make much of it. That, in and of itself, doesn’t translate into our inviting reporters from the WAPO to write about us. Nobody’s picking on you — you opened yourself up to comment when you were “covered” by the WAPO. Relax! BTW the Huffpost dismisses the WAPO article on you as a piece of TOTAL fluff — couldn’t have stated it better.

  17. Radhika Matthews Says:

    Hey Bal! Nice try! You should have thought up a more credible pseudonym than Aradhika, which is a nonsense name. Who are we all to DARE to make such comments? (Nice Fascist lingo!) We are citizens of a free country — the world’s oldest democracy — with a right to free speech. Nobody needs to be “jealous” of lobby fodder. Contempt is more like what people feel, about your overrreaching and falling SMACK on your face. And jealous of what? That you’re working your whatever off as a fundraiser for Hillary Clinton? One in several thousands?? Nyah! We’ve been invited to socialize with political heavy weights in the US, and in the White House, for 2 decades now, and don’t need to make much of it. That, in and of itself, doesn’t translate into our inviting reporters from the WAPO to write about us. Nobody’s picking on you — you opened yourself up to comment when you were “covered” by the WAPO. Relax! BTW the Huffpost dismisses the WAPO article on you as a piece of TOTAL fluff — couldn’t have stated it better.

  18. Aradhika Says:

    Hey Radhika you dont know what you are talking about thats for sure for I am not Bal and I live in Canada….and I have nothing to gain from what you all do and say. It was a simple observation. If Radhika means something A does not nagate that rather adds to that remember always…..do you know your linguistic roots?

  19. sen Says:

    bala…you are doing tautrami (conning) in US also?!!

    FYI bala means hair in his mother tounge

  20. sen Says:

    u will never become straight…..when r u coming to ctc khatti…remember the old days?!

    kp mukherjee, prabodh patnaik and sp das are looking for you :p

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