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A Link To Global Crossing, Terry McAuliffe and AFL-CIO
SEC Edgar ^ | 02/09/02 | Myself

Posted on 02/09/2002 3:03:05 PM PST by Bayou City

SEC Edgar

From SEC Edgar on line form S-1/A filed on 07/23/1998

Page 53
BENEFICIAL OWNERSHIP OF COMMON STOCK

MRCo, Inc. (4).................... 16,959,462
111 Massachusetts Avenue NW
Washington, DC 20001

Michael R. Steed(19).............. 16,974,462

Note 19 on Page 54

Includes all shares of Common Stock owned by MRCo, Inc. Mr. Steed is the Senior Vice President of ULLICO and the President of MRCo, Inc., which is a wholly-owned subsidiary of ULLICO. Includes 15,000 shares of Common Stock issuable upon the exercise of options within 60 days of July 13, 1998. Includes 368,353 shares of Common Stock issuable upon the exercise of GCL Warrants.

Now for the connection... Laborers.org

Kheel and McAuliffe Raise Some Money

News reports that labor lawyer Theodore Kheel gave $20,000 in illegal cash to Carey’s 1996 campaign were easy to overlook for those not familiar with who he is or his long role in labor relations. Cornell University has a new facility at its famous Industrial and Labor Relations School and it is named after the generous Kheel. Probably the finest labor relations training institution in the country, the Cornell school was founded by Irving Ives, a respected labor expert and patrician Republican who served on the Senate Labor Rackets Committee with Arkansas Democrat John McClellan. Ives, with then-Senator John F. Kennedy, sponsored the labor reform legislation that became the great investigation’s legacy.

In 1995, Kheel played a major role arranging the sale of the AFL-CIO’s "affinity credit card" from the Bank of New York to Household Finance. The sale brought over $35 million to the AFL-CIO, which gave it the liquidity to pump over $30 million into the Democratic Party’s 1996 congressional campaigns. Kheel brokered the deal with Democratic fundraiser Terry McAuliffe. In 1992, Kheel had convinced the newly elected Carey to endorse the credit card program. Carey delivered 1.5 million Teamsters who previously had not participated in the program. Kheel profited handsomely, from the new Teamsters in the credit card program, and he subsequently contributed the $20,000 to Carey’s 1996 Teamsters reelection bid.

McAuliffe, chairman of a record-breaking Democratic fundraiser in May and chairman of recent Democratic convention in Los Angeles, has long been associated with organized labor. In addition to his work on the Union Privileges "affinity" credit card, McAuliffe has had a major role handling investments for the AFL-CIO Union Labor Life Insurance Company (ULLICO). But while he may be welcome at AFL-CIO headquarters, he is reportedly persona non grata at the International Brotherhood of Electrical Workers (IBEW). McAuliffe-related businesses borrowed millions of dollars in loans over the years from the Electrical Workers Pension Plan for a series of business ventures, many of which he defaulted on. The loans themselves were highly favorable to McAuliffe, and there is evidence that the former Electrical Workers secretary-treasurer who made these loans was himself in business dealings with McAuliffe. Labor rackets investigators have been looking into the underlying transactions, and the trustees of the plan have been sued for their negligence in making these imprudent loans. The transactions scream ‘kickbacks’ to any experienced labor rackets investigator, but the probe remains stalled.


TOPICS: Crime/Corruption; Front Page News; News/Current Events
KEYWORDS: clintonscandals; globalcrossing
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To: MamaLucci
ping!
121 posted on 03/14/2002 6:43:41 PM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
Almost poetic justice, ain't it? Labor unions being swindled by their own mob bosses.
122 posted on 03/15/2002 6:16:48 AM PST by MamaLucci
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To: MamaLucci;grampa Dave;

Do you know this guy?

123 posted on 03/15/2002 10:27:15 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach; black jade; liz; d14truth; shermy; tumbleweed connection
Great find Ernest!

Ping of humor for the rest of us! Go to Ernest's reply above #123!

124 posted on 03/15/2002 10:36:23 AM PST by Grampa Dave
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To: Ernest_at_the_Beach;grampadave;registered;blackjade;d14truth;bayoucity
Lordy, lordy, lordy. Now ain't Terrible Ter' de man......{{{mmmm,mmmmm}}}........LOL.
125 posted on 03/15/2002 10:49:53 AM PST by Liz
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To: Liz
A good graphic just says so much!!

I found this from a link on another thread to the Strange Cosmos site.

Gonna have to watch that site more closely, they seem to do good work!

126 posted on 03/15/2002 10:59:27 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
.....yeah....thanks.......
127 posted on 03/15/2002 11:02:42 AM PST by Liz
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To: Grampa Dave
We know that McAuliffe has mixed personal and campaign business. I still don't understand why anyone hasn't pursued the issue.
128 posted on 03/15/2002 11:55:28 AM PST by Tumbleweed_Connection
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To: Tumbleweed_Connection;Bayou City;Grampa Dave;Liz;Dog
It looks like FReepdom's investigative/research skills are getting better. Now, we're about 5 weeks ahead of the 'lamestream'; which puts us 'light years' ahead of Congress and its 'watchdogs'. {;~)
129 posted on 03/15/2002 2:16:01 PM PST by d14truth
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To: Tumbleweed_Connection
TC posted: We know that McAuliffe has mixed personal and campaign business. I still don't understand why anyone hasn't pursued the issue.

Well up to now, McAuliffe is among the upper elite fascists of the DemonicRat family. Up to now they have beyond the law with Jake Reno controlling and staffing the AG office for 8 years.

The left wing maggots who control the mediots in the media will never do any real reporting.

I think that those days are coming to a screeching halt.

Everyone should buy a copy of today's WSJ. (Friday, 15 March). The articles in today's WSJ show that the world has turned. The attorney who is nailing Arthur Andersen's hide/butt to the farm wall is one tough attorney. You can bet your last $ that he is advising how to proceed on Double Crossing. He has basically ended Arthur Anderson's 8 years of lies and mistruths and those companies which followed AA down the path including Double Crossing are in severe trouble. At the top of that list will be clymers like McAuliffe and other rats.

130 posted on 03/15/2002 2:16:29 PM PST by Grampa Dave
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To: Bayou City
Great Find!
131 posted on 03/15/2002 2:32:13 PM PST by Grampa Dave
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To: Bayou City; Black Jade; D14truth; tumbleweed connection; liz; shermy; Black Jade...
All the followers of Double Crossing and the ill fated belly up auditor, Arthur Andersen should buy a copy of today's Wall Street Journal, Friday, 15 March.

There are a lot of great articles but the key one is the article telling about the attorney who is putting the finishing touches to AA. This man will leave no stone left unturned as he takes down AA. You can bet the bad actors in Global Crossing will end up in the cross hairs before he is finished.

Apparently one of his trophy papers is a copy of how the Senate voted to confirm him last year. He had 96 votes for him and 1 vote against him. The Hilldebeast voted against him. One of her first votes as Junior Senator. He is the worst nightmare of the Rats and any Rino up to no good with any company connected in fraud with AA as its auditor!

There is an excellent front page article on how we are cutting our reliance on Middle East Opecker oil in this WSJ. Reading it gives us some insight of where GW sees the world in a few years.

132 posted on 03/15/2002 2:42:17 PM PST by Grampa Dave
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To: d14truth;Tumbleweed_Connection;Bayou City;Grampa Dave;Dog
It looks like FReepdom's investigative/research skills are getting better. Now, we're about 5 weeks
ahead of the 'lamestream'; which puts us 'light years' ahead of Congress and its 'watchdogs'. {;~)

{{{yawn}}}}...so what else is new.......

133 posted on 03/15/2002 5:08:01 PM PST by Liz
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To: Grampa Dave;: Bayou City; Black Jade; D14truth; tumbleweed connection;shermy;
....worst nightmare of the DemonRats you say? .....
..... man, oh man, this could get really interesting.....
134 posted on 03/15/2002 5:11:42 PM PST by Liz
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Comment #135 Removed by Moderator

To: princess leah
a "kickback" BUMP
136 posted on 03/22/2002 10:29:00 PM PST by timestax
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To: Black Jade
Locator bttt^
137 posted on 03/23/2002 12:49:22 AM PST by backhoe
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To: Black Jade
BTTT!!!!
138 posted on 03/23/2002 2:18:30 AM PST by E.G.C.
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To: Black Jade
Wonder what Clinton's share of the McAwful take was? Or maybe another "trusted
Clinton advisor" was cued to buy and sell GX, then took a brief trip to Switzerland?
139 posted on 03/23/2002 4:28:15 AM PST by Liz
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To: nicmarlo
bump
140 posted on 03/23/2002 8:16:44 AM PST by timestax
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