Haley Barbour can't say he wasn't warned. The former Republican Party chief had hoped to partly finance a G.O.P. think tank that he had founded and chaired--the National Policy Forum--with foreign cash in 1993, but was waved off by its president. "It would be wrong to do so," wrote Michael Baroody in a confidential memo obtained by TIME. Barbour nevertheless lined up Hong Kong collateral for a $2.2 million loan to the Forum. The money helped free up funds for the successful Republican assault on Congress in 1994, and it aided the party again two years later when the Hong Kong...
To continue reading:
or
Log-In
