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U.S. Widens Global Crossing Inquiry
New York Times ^ | Tuesday, February 12, 2002 | By SIMON ROMERO

Posted on 02/11/2002 8:28:25 PM PST by JohnHuang2

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To: JohnHuang2
Oh, oh. The Times is gonna get their buddies in the DNC in trouble printing this. They obviously didn't get the fax instructing them to spike this story.
41 posted on 02/12/2002 5:57:56 AM PST by Redleg Duke
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To: Patriot
Why do the people of Connecticut keep electing that whiny-voiced nitwit anyway? Listening to him is embarassing.
42 posted on 02/12/2002 6:01:09 AM PST by Redleg Duke
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To: Oldeconomybuyer;Liz;Brian Mosely;independentmind
Giant Group, Ltd.???

Another 'umbrella'?

GOOGLE time

43 posted on 02/12/2002 6:11:10 AM PST by d14truth
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To: GeorgeJ43
We could try to nail McAuliffe for possible insider trading but he is not a trader, all he did was take a tip from an insider and buy stock from the inside information. I would like to link the democrats to this as much as anyone here but I dont see it happening.

LOL. $100k becomes $18 million. Thats some "tip".

Peddle that somewhere else, it won't work here.

44 posted on 02/12/2002 6:13:39 AM PST by skeeter
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To: GeorgeJ43
We could try to nail McAuliffe for possible insider trading but he is not a trader, all he did was take a tip from an insider and buy stock from the inside information.

I thought McAuliffe took $100,000 in stock as a consultant fee which included making arrangements for Winnick (or whatever his name is) to play golf with Clinton.

Bush Sr.'s stock substitute for fee was widely publicized at the time.

45 posted on 02/12/2002 6:17:09 AM PST by lonestar
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To: GeorgeJ43
Now, I'm not suggesting that there was any wrongdoing on Bush's part, although it sure stinks that a former president of the United States was receiving cut-rate, pre-IPO tech shares when ordinary investors were forced to buy in at much, much higher levels.

This whole issue is political corruption.
Bush Sr. gave a speach and got paid.
Ordinary investors aren't "earning" their stocks.
He could have been paid in gold coins, but who cares?
He was no longer president, but an American citizen.
This is a non-issue.

46 posted on 02/12/2002 6:31:12 AM PST by concerned about politics
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To: mewzilla
Deutch said the GX situation was "different".

It's in CA. It links to dumpocrats. That's the only diff.
Enron is in Texas. It MUST link to Bush, therefore is great propaganda, wheather there's been a crime or not.
The whole "scandle" is nothing but political spin, at the expence of ....the taxpayer.
Why not use that money on Social Security?

47 posted on 02/12/2002 6:37:56 AM PST by concerned about politics
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To: codeword
"Note - if you have to ask why GE's slogan is relevant, you're disqualified.

I keep hearing that GE was up to the same tricks as Enron. What's your best source for information about this?"

You're disqualified. GE, who once used that slogan as their advertising tagline, is NBC's parent company.

As for GE being up to Enron's "practices," I haven't heard anything. But you can bet that as long as the IRS Code contains all the loopholes that it does, someone is going to take advantage of every last one - licit or not. There is probably - PROBABLY- NOT a multi-national company out there that hasn't, at one time or another, made use of various off-shore methods to make things "come out" on the balance sheet. Most companies employing such tactics do it as a one-shot or two-shot affair, a way to sweep a turd into the closet before the cleansing committee can show up. But Enron used the offshore accounts to engage in massive fraud, which is another dropping entirely.

Michael

48 posted on 02/12/2002 7:11:26 AM PST by Wright is right!
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To: Wright is right!
Thanks for the feedback.

I know a fellow who works for GE. He said that the new CEO of GE was not a rabid demonicRat supporter like Jack Welch was, and NBC would go through some changes for the better with the new GE CEO.

This fellow predicted that Whorealdo would be gone before the new CEO of GE was installed. Whorealdo was hired by Jack Welch the former CE of GE to protect and flak for the Clintoon during his problems.

Lisa Myers has never been a friend of the left wing and is probably the best balanced reporter NBC has.

Keep us posted as a lot of us don't watch Tommy Boy and his band of lefties posing as evening news.

49 posted on 02/12/2002 7:23:54 AM PST by Grampa Dave
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To: Sierra Wasp; Registered
You might want to see my reply # 49 on this thread re some potential good changes at NBC due to the new CEO of GE.

This might explain why Tommy Boy's show allowed Lisa Meyers to actually do some reporting which she is capable of doing.

50 posted on 02/12/2002 7:27:43 AM PST by Grampa Dave
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To: Registered
Good info in this article and subsequent posts...

Thanks......will peruse......

51 posted on 02/12/2002 8:44:30 AM PST by Liz
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To: Grampa Dave
Senator Christopher Dodd, Connecticut
52 posted on 02/12/2002 11:29:44 AM PST by d14truth
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To: Liz;Grampa Dave
Mrs. Christopher Dodd

Ex-Im Bank

53 posted on 02/12/2002 11:32:59 AM PST by d14truth
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To: Liz;Grampa Dave;Registered;DogGone;Dog;PhiKapMom;Alamo-Girl
The Clintons Host A Historic Fete

"The much-hyped "American Creators" celebration was a private, exclusive evening, however. Reporters were allowed to speak briefly to dinner guests as they arrived, but barred from covering the rest of the events at the White House. No explanation was given, although the decision was made in the first lady's office.

"We're not opening the after-party," said Marsha Berry, press secretary for Hillary Clinton. "It's closed because it's closed."

Perhaps it had something to do with money. What started as a millennium celebration headed by Hillary Rodham Clinton evolved into an off-the-record fund-raiser, with corporate sponsors shelling out millions to mingle with the Clintons' celebrity guests.

"We raised over $16 million," said Democratic fund-raiser Terry McAuliffe, who lead the private sector drive to pay for the millennium production on the Mall and two days of public family activities at the Smithsonian Institution."

The entire guest list is given and includes Global Crossings/Capital Partners Group, Lodwrick Cook; Senator Christopher Dodd(D-Conn) and wife Jackie Clegg of the Ex-Im Bank; Melanne Verveer, assistant to the president and chief of staff to the first lady, and Philip Verveer, Willkie Farr & Gallagher; Terence McAuliffe, American Heritage Homes; Bernard Schwartz, Loral Space and Communications; Vernon Jordan, Lazard Freres.....

...and the list goes on. So much corruption, so little 'TRUTH', IMHO.(I know, we can't handle the truth.)

54 posted on 02/12/2002 11:52:08 AM PST by d14truth
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To: d14truth
McAuliffe was in his pre-GC mode - before becoming a profiteer w/ Global Crossing - he's listed as being affiliated
w/ American Heritage Homes, a company he started w/ his father-in-law. Think I read they went belly-up.
55 posted on 02/12/2002 12:44:58 PM PST by Liz
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To: d14truth
Mrs Dodd - with Ex-Im Bank

Lept out at me as well. This is outrageous. These elected crooks have
their fingers in the US treasury every which way. We lose everytime.

56 posted on 02/12/2002 12:49:39 PM PST by Liz
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To: d14truth
Thanks for the heads up!
57 posted on 02/12/2002 1:37:15 PM PST by Alamo-Girl
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To: Liz;Grampa Dave
Let's follow Mrs. Dodd(Jackie Clegg of Ex-Im) on a few 'junkets'--

Deep Politics, Liberalisation and Corruption: The Mangalore Power Corporation Controversy (a freerepublic link in this one)

"Subsequent information, however, would appear to confuse matters even further. Were senior members of Exim bank correct in making the above clarification? According to a report in Hindu Business Line, a Memorandum of Understanding (MOU) appears to have been signed - in December 1997 - between US Exim-Bank Vice-Chairman, Jackie Clegg, and Ron Somers and representatives of Cogentrix and CLP concerning the project (Hindu Business Line, 2000). If this was the first MOU signed between the respective parties, this would still tend to suggest that assurances made by Cogentrix prior to this date were possibly questionable."

It's Been A Good Day For Trade Relations in the Middle East-October 11, 1999

Daley Leads Business Mission to the Middle East-10/22/99

58 posted on 02/12/2002 2:32:03 PM PST by d14truth
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To: Liz;Grampa Dave;Jeff Head
Presidential Treason 104--The Banking Team

"JACKIE M. CLEGG, First Vice President and Vice Chair of Ex-Im Bank (May 1997-present)

The Current Export-Import 'Team'

"As we said in the previous section, currently the Board of directors of the Export-Import Bank has only four members - its President and Chairman, James Harmon, its Vice President and Chief Operating Officer Jackie M. Clegg, the Secretary of Commerce William Daley and the U.S. Trade Representative Charlene Barshefsky. Of these four only its President and Vice President can vote on disbursement of funds. There are three director seats vacant which, after Ms. Haley 'left', provided the board with an absence of quorum; thus the need to push Weaver into the key spot. Seems like a rather sloppy, high budget, paper-shuffling operation (almost $2 billion in 1998!!!) when it can't even muster a vote!

Ms. Clegg was nominated on May 6, 1997. Her bio reads like a nonevent - like someone on the FBI's relocation program. In fact it doesn't even list education or previous employment, which leads us to wonder if she had either. Anyway, she's in there voting to spend the big bucks!
*** Hello, anybody home??? Senator Christopher Dodd(D-Conn) wife!!!
***
Jeff -- It appears 'barefoot' is somewhere in your neck of the woods.

59 posted on 02/12/2002 3:02:05 PM PST by d14truth
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To: d14truth
Disgusting. Dodd is a clone of Clinton even to having his wife in a decision-making role.
60 posted on 02/12/2002 3:44:58 PM PST by Liz
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