Posted on 02/09/2002 3:03:05 PM PST by Bayou City
If AG Ashcroft doesn't have AT LEAST a handful of crack DoJ investigators dedicated full-time to trackin' down leads on Terry "The PUNK" McLowlife, he oughtta be run outta town fer Dereliction of Duty!! When Ashcroft called Mary Jo White"Wash" a dedicated servant of Justice, I pegged him as a Clueless DOLT...but maybe he's just Crazy like a Fox and has his sights squarely trained on the Corrupt DNC Chairman and is just keepin' things under the radar.
Time'll tell...but if the Dept. of Justice don't nail McLowlife, FReepers will!!
Great find, BC...MUD
Post #3 explains..."...McAuliffe and father-in-law Richard Swann formed American Capital Management to buy Florida properties that the RTC took over after putting Swann's S&L into receivership. Some of the properties were acquired using union pension money……The IBEW not only financed McAuliffe's ventures, but it also helped boost his stature as a Democratic fund-raiser by contributing $6 million to party candidates from 1991 to 1996... In a letter signed on Mar. 18, 1993, Prudential agreed to pay McAuliffe $375,000 if the Pension Benefit Guaranty Corp. (PBGC) signed a 15-year, $187 million lease to occupy a downtown Washington office building owned by the insurer. The U. S. Attorney for the District of Columbia charged that Prudential falsely certified, after it won the lease, that it had not hired anyone to help influence the bidding process, which is illegal under the Competition in Contracting Act. ….As the Prudential matter drags on, McAuliffe isn't out of the woods yet on the Teamsters case, whose central figure, campaign consultant Martin Davis, is a friend of McAuliffe. Davis has pleaded guilty to masterminding an illegal scheme to raise $1 million for Teamsters President Carey's 1996 reelection. Davis told McAuliffe he could help raise $1 million for the DNC from the Teamsters, but McAuliffe denies he knew any details of how Davis intended to do this. Davis, in his guilty plea, says his plan was to launder Teamsters donations through the DNC in an effort to hide the source of Carey's money..."
T-Mac's as Corrupt as the day is long, my FRiend, and he'll be indicted by year's end...MUD
BTW...you can thank Alamo-Girl fer her awesome background on McLowlife's sordid past.
LOL...ain't it though?! LB, when you catch up to this thread, please bump me up so I can read yer take!!
FReegards...MUD
The stock, which closed yesterday at 7 cents, hit a high of $64.25 in 1999.
Gary Winnick, the founder of the company, realized more than $730 million from selling stock in the company while it was riding high, his S.E.C. filings show.
A spokesman for Mr. Winnick has emphasized that he held onto more than 70 percent of his stake in the company.
Among the shareholders of Global Crossing at one point was former President George Bush, who took an $80,000 speaking fee in stock that at the peak was worth $14 million. It is not known when, or if, he sold his position.
The company has also been criticized for forgiving personal loans made to two of its top executives at a time when a bankruptcy filing was looming.
-snip-
Glad you brought that up Mama... Check it out HERE
Take care!
However, the Sheeple see this reality and increasingly understand...
Slick's Legacy Shall Be the De-Legitimization of the DemonRAT Party, IMHO...MUD
In a letter signed on Mar. 18, 1993, Prudential agreed to pay McAuliffe $375,000 if the Pension Benefit Guaranty Corp. (PBGC) signed a 15-year, $187 million lease to occupy a downtown Washington office building owned by the insurer. The U. S. Attorney for the District of Columbia charged that Prudential falsely certified, after it won the lease, that it had not hired anyone to help influence the bidding process, which is illegal under the Competition in Contracting Act. ….As the Prudential matter drags on...
We've had Prudential life insurance policies on our little family for the last 30 years. As you may know, they recently went public. I didn't think anything about it at the time, but I think I'd better pour over my paperwork with a fine tooth comb. They may be planning to bleed out this company just as they've done so many others. Perhaps there's a way to surrender the policies and still end up with something.
Grampa Dave's becoming a wealthier man by bettin' against those companies whose late-90's profits were dependent upon their ILLEGAL inside connections with the ClintonCorruptionCadre...he might be able to give ya the scoop on Prudential...MUD
"A new undersea fiber-optic cable company named Global Crossing Ltd. went public on August 14, 1998. That morning, at the moment Global Crossing's stock began trading on the Nasdaq, ULLICO Inc.'s $7.6 million private capital investment in the company was worth at least $320 million - a 4,000 percent gain in about a year and a half.
A gain of this magnitude is not hard to understand if you know that Global Crossing is involved in wiring the world to meet the explosive and seemingly limitless demand for Internet, voice, and video services. It also makes sense when you know more about a special program at ULLICO and the skilled investment team that manages it.
The Global Crossing investment is part of a private capital investment program that began quietly in 1992 with several small investments. Since then, ULLICO and its subsidiaries, such as The Union Labor Life Insurance Company and MRCo, Inc., have committed $145 million in a total of 55 alternative investments.
ULLICO's 'opening bell' windfall smacks of 'insider trading' and RICO.
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