DEVELOPING: INTRIGUE SURROUNDS $400 MILLION GOVERMENT AWARD TO GLOBAL CROSSING

Drudge Report | 1/30/02

[Brian Mosely]

headline only...

[steve50]

BUMP for later, this should get interesting.

[mewzilla]

Global Crossing was tossing a lot of cash around on the Hill, too. What a mess.

[SlickWillard]

Accounting Worried Global Crossing Exec
http://www.latimes.com/business/la-013002global.story

<EXCERPT>

A finance executive at ailing Global Crossing Ltd. warned the firm's top attorney in August that the company's financial condition was being enhanced with misleading accounting techniques, according to a letter obtained by the Los Angeles Times.

</EXCERPT>

[ken5050]

They have to explore why McAuliffe was invited to buy the stock at pre IPO prices...this is only done for froends, or people whom the company wants to reward....what could Terry possible offer.....access to Slick........this will probably all come out in a few days....the speech last night correctly took precedence....

[flamefront]

Oh boy ...

[martin_fierro]

THE SUICIDE WATCH IS ON!

[I still care]

Ken, I hope you are right. But if it does I'll eat my hat. My experience is, except for FOX, a scandal is only reported in the media if it can be linked to Republicans. It is totally rational for me to think that Enron will be covered to death while this will be ignored.

[Republic]

Perhaps, ken, it was sorta kinda maybe all involved with ol winnie's (global crossing inc.'s president) DONATION a nifty ONE MILLION DOLLARS to ex-president, current felon, scummy human being-billy clinton-fabulous clinton LIE-brary.

[Rebelbase]

Was this an X42 era award or GW era award?

[Freedom'sWorthIt]

AH! The truth is tumbling out! Go, Drudge, Go Freeper Investigators Extraordinaire!

[AAABEST]

Nice to see you around Brian! You're so scarce lately.

Anderson audited GC too? Ack.

They need to be dragged around in the dirt until they bleed.

As much as I love capitalism, I despise capitalists that dirty it up a feed leftists.

[Dustbunny]

You know that nothing will come of this, the demorats are really good at sweeping all their dirt under the carpet, plus they are excellent liars as all non-Christians are.

[mewzilla]

Here are some figures from click here for site for GX.

In the 2000 election cycle GX donated over $2.6 million, with 54% going to Dems, 46% going to Pubbies.

In the 2002 election cycle so far it's donated $720,270, with 55% going to Dems and 45% going to pubbies.

In 1998, GX didn't make the websites top 20 donors in the Telecom Serv. & Equip. category.

[JENINMO]

Dan Blather reported on Global Crossing last night, and not ONE WORD about the Terry McAuliffe connection. Biased? nahhhhh

[LarryLied]

It is astounding how Dan Rather and his ilk refuse to report on what really happened with Enron and GX but the story will still get out. Aside from FOX, the financial press has no choice but to carry it.

[meenie]

Sounds like our global corporations can steal all they want and still go broke. Reminds me of the farmer who stole the hogs and stole the feed and still went broke.

[mewzilla]

Darn, I typed over the site's name. www.opensecrets.org.

[Space Wrangler]

Michael Savage discussed this on his show in depth last night. It seems that several demonrats got filthy rich off of this company. He specifically mentioned that Barbara Boxer and Terry McCauliffe turned $100K investments into $18 million in a matter of months. Anyway, nothing to see here, move along, move along.