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To: AnimalLover

The connections to McAuliffe are nearly as clear and even more troubling. S. Daniel Abraham the Slim Fast tycoon gave $1,450,000 to the Democratic Party in the 2002 cycle. Former Global Crossing CEO Hindery gave a paltry $1,140,000 to the Democratic Party in 2002 cycle. But you should take into account that Terry McAuliffe made made $18 million from a $100,000 investment when he sold his Global Crossing stock in 1999. What about McAuliffe's ties to Bernard Schwartz of the Loral Corp. He gave $15,000 to Americans for Jobs. He and McAuliffe were once plaintiffs in a lawsuit together back in 1998.


"This shareholder derivative action seeks to recover the substantial damage done to Loral Space & Communication Ltd. ("Loral") by its Chairman, Bernard L. Schwartz ("Schwartz"), and others who caused the company to become embroiled in an unlawful scheme to bribe high level government officials, including the President of the United States, in order to obtain favorable treatment for Loral from the United States Government. Part of this favorable treatment included securing a seat on a U.S. Department of Commerce trade mission to China, during which Schwartz negotiated contracts for the launch, in China, of U.S. commercial communications satellites manufactured by Loral. Plaintiffs' Amended Complaint alleges that Schwartz secured this seat in exchange for a $100,000 bribe to the Democratic National Committee ("DNC"), and obtained other substantial favorable treatment for additional bribes totaling $1,460,000.00. See Amended Complaint at paras. 54, 60, 63-64, 72, 108. Plaintiffs' Amended Complaint thus raises breach of fiduciary duty and other claims against Schwartz, including a claim that Schwartz violated the Racketeer Influenced Corrupt Organizations Act ("RICO") by conducting Loral's affairs through a pattern of racketeering activity.

The Amended Complaint also alleges that Defendant Terrence R. McAuliffe, who was and is a top DNC/Clinton-Gore fundraiser, agreed with President Clinton, Hillary Rodham Clinton, Vice-President Albert Gore, Deputy White House Chief of Staff Harold Ickes and DNC Finance Chairman Marvin Rosen, among others, to participate in this scheme to sell seats on taxpayer-financed foreign trade missions and other government services in exchange for campaign contributions to the DNC and other organizations affiliated with the Democratic Party. (1) Id. at paras. 54-57. The Amended Complaint further alleges that Defendant McAuliffe, Harold Ickes, Marvin Rosen, and others also "played central roles in selecting trade mission participants and, on information and belief, securing other favorable treatment from the Clinton Administration for Defendant Loral." Id. at 57. The Amended Complaint thus raises a common law civil conspiracy claim against McAuliffe, as well as a RICO conspiracy claim."


2 posted on 09/03/2004 2:09:28 AM PDT by kcvl
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To: kcvl
kcvl--the FReeper who has more posts on my hard drive....

And how creepy is it that a Tony Curtis movie is on right now? (Obscure Bernard Schwartz reference.) I REALLY need to get some sleep....

7 posted on 09/03/2004 2:24:47 AM PDT by Watery Tart (You're John Kerry, and the only liberal puke who's had a worse Aug than you is William Kennedy Smith)
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