The Simon Campaign was kind enough to pass this very interesting article to me. In brief, it was exactly as I had expected.
I would refer you specifically to Hindelang's veto power over any merger or public offering, and his signed agreement to the takeover of Golden-Tel.
It would appear that the plantiff's attorneys took full advantage of the present political climate and anger against businesspeople. But it doesn't look like they paid much attention to the facts in the case, which are extremely clear cut and obvious. Just as I had suspected.
To: daviddennis; *calgov2002; Carry_Okie; SierraWasp; Gophack; eureka!; ElkGroveDan; ...
To: daviddennis
Looks like they'll be calling him Ed Hindenburg before too long...
To: daviddennis
When is this case to be heard? And when would the judgement be overturned (at the same time or later)?
To: daviddennis
Oy! I can't stand Davis, but this is awful.
This thing does not bode well for Simon for an important reason: he should have thoroughly checked out Hindelang before investing. It highlights that he used poor judgement in not doing so. His use of "other family members pressured me" as an excuse looks weak as a defence. He has enough money that he could have at least followed his intuition and had a more thorough, personal investigation done.
I would never get into bed, literally or businesswise with anyone whose background I hadn't investigated using PIs, or private investigators. (This knowledge was acquired the hard way - experience!) Nowadays you have to look into people's private lives. Going back 10 years is insufficient, it is necessary to go back to the teen years. Deloitte and Touche just skimmed the surface.
To: daviddennis
Unfortunately, the facts of the case exceed the attention span of 90% of Californians. What will stick in their TV-conditioned little minds is:
Businessman=Thief
8 posted on
08/07/2002 2:44:13 AM PDT by
snopercod
To: daviddennis
BUMP!!!!!
15 posted on
08/07/2002 9:00:31 AM PDT by
Gophack
To: .38sw; 1 FELLOW FREEPER; 101viking; 1lawlady; 2Fro; 357 SIG; 3_if_by_Treason; 45Auto; 4aardvarks; ..
CA-WIDE PING
To: daviddennis
Interesting, yes, but do California voters have the patience to wade through this information? As unfair as it may be, I didn't see this article splashed across the front of the Sacramento Bee or the LA Times today. What I DID see splashed across the front pages of those esteemed purveyors of news was the article last week that Bill Simon's family firm was found guilt of corporate fraud.
The more Simon has to explain about all of this, the more it's a dead weight around his neck. I didn't hear the interview, but Simon was on KSFO this morning. He spent most if not all of the time talking about this litigation. It's very deadly to spend all this free radio time trying to explain some arcane business deal when he should be blasting away at Gray Davis. I hate to say it, but he is showing himself to be an incompetent campaigner, and that's the one thing that was suppose to be a Simon plus: his competence in contrast to Gray's incompetence.
17 posted on
08/07/2002 9:56:18 AM PDT by
My2Cents
To: daviddennis
Of course, few, if any of these facts will make it into the major media so voters can decide for themselves, while every lie Davis utters will be trumpeted from the Chronical to the Times and back again.
21 posted on
08/07/2002 10:14:07 AM PDT by
PsyOp
To: daviddennis
Where is Sammy "The Bull" now that we really need him??
25 posted on
08/07/2002 11:01:13 AM PDT by
tracer
To: daviddennis
It appears that Hindelangs "crimes" were all made-up "crimes", smuggling cannabis (Horror!). Take that away as a "crime", that is, injury to others, and most of this collapses.
To: daviddennis
BUMP
29 posted on
08/07/2002 11:44:56 AM PDT by
Dante3
To: daviddennis
BUMP
37 posted on
08/07/2002 2:46:35 PM PDT by
semaj
To: daviddennis
perhaps you could send a couple of the news stories about this my way. the story told here is a lot of nothing to me if I am reading this right.
it seems but for the governments judgment of 50 million against this guy there would be no problem (besides the undisclosed felony)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson