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To: Cincinatus' Wife
check this out--can US swim with the sharks

from the article:
What's not stated is that for years Winnick worked for defunct investment banker Drexel Burnham Lambert and was a close associate of convicted junk-bond king Michael Milken before striking out on his own in 1985.

The book Den of Thieves says Milken continued to be involved in Winnick's deals after the split. But a person in Winnick's office said Milken was "absolutely not" involved in Global. Sources close to Winnick said the two dissolved their last partnership in 1991.

maybe I missed it before but I didn't know Winnick was associated with Milkin. I guess he had a good teacher.

78 posted on 02/15/2002 2:30:18 PM PST by knak
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To: knak
A leopard can't change it's spots. More dots to connect. I can't believe it! Well, maybe I can.
This insider back scratching isn't very attractive when examined by a Bush Administration. I can see why they're so ticked off.
79 posted on 02/15/2002 2:39:52 PM PST by Cincinatus' Wife
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To: knak
From your LINK at Post #78: [Excerpt] My eyes have been drawn to page 7 of the SEC filings where Global Crossing states flat out that as a Bermuda company, "it may be difficult" for investors to "effect service of process" on Global Crossing or collect judgments obtained against the company in U.S. Court. I wish Winnick and his partners well. I hope Sol Trujillo truly can swim with the sharks without losing his shirt.

But FCC chairman Bill Kennard should take note.

It's positively un-American to allow a local phone company that's still a monopoly to merge with a partner that can't successfully be sued in U.S. court. [End Excerpt]

83 posted on 02/15/2002 3:07:54 PM PST by Cincinatus' Wife
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