[GoMonster]

E-mail the liberal press to pressure them to mention Global Crossing. Anyone have any additional address' please add.

[Orangedog]

I may have missed it, but I haven't really seen much about this on Foxnews either.

[Grampa Dave]

The real reason CNN/MSNBC,CBS,ABC,NBC,CSPAN do not want to mention Global Crossing goes beyond Global Crossing.

The real villian which cooked the books and lied to stock holders is Arthur Andersen.

Thanks to DemonicRat Senator Dodd who receive outrageous amounts of money, Arthur Andersen was enabled to be able to lie, collect massive consulting fees and be freed from penalties when their clients/companies go belly up! Dodd got a bill passed that even the Bent One vetoed, that enabled Arthur Andersen to do its vile deeds.

It was on account of Dodd's tireless efforts that Arthur Andersen was able to act as both "independent auditor" and management consultant to Enron for $100 million a year.

That role - so fraught with conflict of interest that it makes a joke of the concept of outside auditors protecting shareholders - has been identified as one of the major causes of the debacle.

In 1995, it was Dodd who rammed through legislation, overriding President Clinton's veto, to protect firms like Andersen from lawsuits in cases just like Enron.

The Dodd bill limited liability for lawyers and accountants for "aiding and abetting" corporate fraud by their clients, making them liable only for their "proportionate" share of the blame, rather than for the entire fraud.

So, if an accounting firm kept secret the true picture of a corporation's finances, it would only be liable for part of the total fraud on the investors. For shareholders, this law is awful - the fraudulent company has usually lost nearly all its value before the shareholder learns about it, so there's nothing left.

For the accounting firm, though, it's great - the shareholders can't pin the total losses on you. And from Andersen's point of view, it was really wonderful, because they were already facing thousands of lawsuits for their role in securities fraud.

A grateful accounting industry showed its appreciation to Sen. Dodd by contributing $345,903 to his campaign between 1993 and 1997. Every major accounting firm pitched in - Deloitte & Touche, Ernst & Young, Coopers & Lybrand, Peat Marwick, Price Waterhouse. (Dodd has received more money from Arthur Andersen than any other Democrat - $54,843.)

From '93 to '97, Dodd also received $523,551 from the securities industry, which was thrilled with other provisions of the '95 law that limited liability from securities lawsuits, notably for firms that failed to live up to their predictions about future earnings. Consumer groups had opposed the legislation -

For the full sickening story, go to (Dodd, the enabler of Arthur Andersen and corporate crooks)

Dodd, DemonicRat, who helps the big crooks and $crews the rest of America!

This is the big story that the left wing super rich mediots who control the media are trying spike and avoid.

This is why the Wh$re is in charge of the GAO is going after Dick Cheney. This Wh$re was a former partner of Arthur Andersen and was appointed by the Clintoon. We need to investigate the millions of our tax $'s that went to Arthur Anderson that were authorized by their wh$re in charge of the GAO!

[SpinyNorman]

Dodd is a fraud! No wonder you haven't heard a peep out of him. He was so dishonest as co-chairman of the DNC, now this comes out.

No doubt the mindless Dem voters of Connecticut will reelect him!

He is as corrupt as his father was! The fruit didn't fall far from the tree in this instance!

[Roman33]

Wow. i emailed CBS News and within seconds Wayne Nelson of CBS emailed me back and told me i was wrong about them reporting about Jeb bush's daughter, but offered no explaination for my main question which was why wont you report about the Dnc Chair and global crossing?

[Gopher Broke]

freeped and bumped....thanks for the emails....

[KC_Conspirator]

Why won't they report it? Because the Democrats are neck effin deep in coverup and are guilty of quid pro quos and this would get in the way of telling lies to the public about Enron and Bush. FOX has already reported on this and even Hannity confronted McCauliffe on it last evening.

BTW - I also watched MSNBC last night and after Alan Simpson appeared I did not see another Republican for about and hour and a half.

[demsux]

bttt

[CyberCowboy777]

Major News Media

Lots of Contacts

[Matchett-PI]

Here is a copy that closely approximates an email a friend here in Orlando sent to Rush yesterday:

Subject: McAuliffe's Orlando connection

"Dear Rush, Thank you for enlighting us on how Mr. Terry McAuliffe, chairman of the DNC., turned a investment in stock in Global Crossing into an 18 million dollar profit before it went bankrupt...ala Enron....

Have your crack research staff go thru the archives of the Orlando Sentinel during the time Mr. McAuliffe lived in Orlando .. They will find among Mr. McAuliffe's dubious financial dealings, articles on how he turned a small investment in a labor union fund into a million dollars ....ala Hillary Clinton...!!!!!!!!!!

Regards.......Al #####"

Maybe we ought to start bombarding the Orlando Sentinel requesting this information, also.

I wonder if Hannity knows about this? :D

Al gets his great "letters to the editor" printed in the Orlando Sentinel all the time, by the way.

[Grampa Dave]

More on the greatest crooks of the last century and just incompetent auditors.

Our favorite demonicRat auditors, Arthur Andersen, made a huge $644 million dollar error in their audit of NASA: (Arthur Andersen has another ooops! A little $644 million error in NASA audit)

This gets better every minute and hour of the day.

[d14truth]

The Mother Jones 400-Gary Winnick

When the 'wheels' come off.

[Valin]

Global Crossing? Nothing here...move along now.

[mikemurphy111]

This is just one in a long line of examples of how biased the Liberal Media really is. Global Crossing had the same Market Capitalization at it's high as Enron. Both around 55 Billion the only difference is that Enron had 50 Million in Revenues in it's best quarter and GX had less that 2 million. The fact's are that it's CEO Winnick gave one million to Klinton's Libary and played gold with Bill many times and the Dem Natl Comm Chairman Terry McAulife got 18 million for his 100,000 investment in GX. This is the information the media doesn't want thrown in the mix. They are desparately trying to put GX out of the loop and I havn't seen anything about it in the NY Times or on CBS,NBC, or ABC. Fox played the story a couple of days ago and McAulife on Hannraty.

[Tumbleweed_Connection]

Subject: Enron

(Content)
Why do I have to watch FOX to learn about Global Crossing?

[SR71A]

Thanks to Slim for the ping. Kudos to Dave for his analysis. It looks like the Andersen thing is gaining a momentum of its own. I hope that some of the larger pension funds are looking at other Andersen clients -- and if some of the funds themselves are audited by Andersen, action should be taken there. Perhaps, with all due respect to GoMonster and his excellent post, the better mailing lists would be major fund managers.