[OliverWendellDouglas]

there are some other great posts about GX and how HUTCHINSON WAMPOA is taking a position in this company now, at these depressed prices, for 750 million. That would put them in a position to own a part of a 20 billion dollar worldwide fiber optic network for pennies on the dollar. Nice work, if you can get it. I wouldn't be surprised if the deal was brokered by someone from Arkansas.

Global Crossing & the Art of Effective Campaign Contributions

[ravingnutter]

Their name does pop up in Alamo Girl's DOWNSIDE LEGACY AT TWO DEGREES OF PRESIDENT CLINTON SECTION: BEHIND THE OBSTRUCTION OF JUSTICE ALLEGATIONS

WSJ 11/16/99 "….Hong Kong conglomerate Hutchison Whampoa Ltd. said it is forming a $1.2 billion telecommunications and Internet joint venture with Bermuda-based Global Crossing Ltd. The joint venture will combine Hutchison's fixed-line network in Hong Kong with an international fiber-optic network that Global Crossing is laying across the world's oceans…… To finance its stake in the venture, Global Crosing will give Hutchison $400 million in convertible preferred stock, or a stake of about 1.3% in the company, which has a market capitalization of about $30 billion. It also will provide assets valued at $350 million and $50 million in cash to the venture, said Global Crossing Chief Executive Jack Scanlon….."

Will do some more digging.

[ravingnutter]

From the same website:

With the help of Ron Brown and Energy Secretary Hazel O’Leary, Arco was also, at the start of the Clinton era, in the process of building refineries in China. Hence, Clinton’s overturn of the export ban was an immense boon to the company, whose chief executive, Lodwrick Cook, was given a White House birthday party in June of 1994. The birthday presents have continued ever since to the favorite oil company of the Clinton-Gore era.

Hmmm...interesting....this Lodwrick Cook?

Yup...none other than the current Co-Chairman of Global Crossing Ltd!

No Arkansas ties there...no sirrreeee...</ sarcasm>