"The rescue plan that Global Crossing presented when it announced it was seeking bankruptcy protection has also raised questions. Under the deal, two companies, Hutchison Whampoa (news/quote) of Hong Kong and Singapore Technologies Telemedia, would invest $750 million for a 79 percent stake in Global Crossing. Global Crossing's creditors would get 21 percent, shareholders nothing. Winnick never revealed to his own board or creditors that he and fellow company director Steven Green invested $25 million in a company called K1 Ventures, effectively controlled by another firm, Temasek Holdings, which in turn owns Singapore Technologies. Winnick and Green told The New York Times (news/quote) their investment was unrelated to Singapore Technologies' effort to buy Global Crossing."
FReegards...MUD
Bet if one looked closer into this Winnick character they'd likely find the clown's a registered 'Pubbie, too.
One with a cozy-tight, lucrative li'l repore' with ol' Terry McAuliff.
It's becoming increasingly obvious these miserable bloodsuckers are playing both sides againt the middle.
The scenario's about as pathetic as it gets.
-BTTT-
For now, I just keep whistlin' past the graveyard.