urance ▁giant ▁to ▁enter ▁into ▁such ▁a ▁relationship . ▁Ar ound ▁this ▁same ▁time ▁Nem az ee ▁claims ▁to ▁have ▁created ▁a ▁joint ▁vent ure ▁for ▁the ▁establishment ▁of ▁a ▁bank ▁with ▁Morgan ▁Gu ar ant y ▁Trust ▁Company , ▁prede cess or ▁to ▁J P ▁Morgan ▁& ▁Co . ▁Nem az ee ▁Capital ▁evol ved ▁out ▁of ▁Nem az ee ▁Hold ings ▁and ▁originally ▁focused ▁on ▁real ▁estate ▁development . ▁ ▁Political ▁invol vement ▁Nem az ee ▁was , ▁prior ▁to ▁his ▁arrest , ▁also ▁known ▁as ▁one ▁of ▁the ▁top ▁political ▁bund lers ▁in ▁the ▁United ▁States . ▁ ▁President ▁Cl inton ▁nominated ▁Nem az ee ▁to ▁be ▁Amb assador ▁to ▁Argentina ▁on ▁January ▁ 6 , ▁ 1 9 9 9 , ▁but ▁the ▁nom ination ▁was ▁returned ▁without ▁action ▁on ▁August ▁ 5 , ▁ 1 9 9 9 . ▁ ▁During ▁the ▁ 2 0 0 4 ▁United ▁States ▁president ial ▁election , ▁Nem az ee ▁was ▁a ▁supp orter ▁of ▁John ▁Ker ry ▁and ▁a ▁major ▁contrib utor ▁to ▁his ▁campaign . ▁ ▁He ▁was ▁the ▁New ▁York ▁Fin ance ▁Chair ▁for ▁the ▁Ker ry ▁campaign , ▁and ▁later ▁the ▁national ▁fin ance ▁chairman ▁of ▁the ▁Democratic ▁Sen atorial ▁Camp aign ▁Committee . ▁ ▁With ▁Nem az ee ▁as ▁the ▁national ▁fin ance ▁chair , ▁Ch uck ▁Sch umer ' s ▁D S CC ▁in ▁ 2 0 0 6 ▁raised ▁$ 1 1 5 ▁million , ▁out p acing ▁the ▁NR SC ▁by ▁substantial ▁sums ,