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Worldcom convict gets $7.5 (Million) loan guarantee from Obama’s stimulus [Tax Dollars for Crooks]
Washington Examiner ^ | 6/21/12 | Joel Gehrke

Posted on 06/21/2012 5:03:59 PM PDT by SoFloFreeper

David Myers, a former Worldcom executive who served 11 months in prison after being convicted of fraud, received a $7.5 million loan that was guaranteed by the federal government with money from the 2009 stimulus.

Worldcom filed the largest Chapter 11 bankruptcy in U.S. history 2002, after three years of “falsely professing financial growth and profitability to increase the price of WorldCom’s stock.” As Worldcom controller, Myers was one of the three executives most intimately involved in perpetrating the fraud, which exaggerated that company’s value by $11 billion.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: News/Current Events
KEYWORDS: money; obama; obamamoney; obamastash; porkulus; stimulus; taxes; worldcom
IMAGINE for a moment Bush gave a taxpayer guaranteed loan to some former ENRON executives....IMAGINE if the Obama butt-licking media would be upset.
1 posted on 06/21/2012 5:04:04 PM PDT by SoFloFreeper
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To: SoFloFreeper
Lord, please hear my plea. Would like to outlive obama to dance in the street once obama is dead. Should you, Lord, decide to take me out of this world before obama, would like to be one of the chosen to be dancing on the head of a pin when this evil obama man is dead. Thank you Lord. In Jesus Name I pray ... Amen. Amen.
2 posted on 06/21/2012 5:14:30 PM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: SoFloFreeper
Worldcom convict gets $7.5 loan guarantee from Obama’s stimulus

Seven and half bucks? Sounds cheap to me why not just make it an even ten bucks?

3 posted on 06/21/2012 5:17:12 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: SoFloFreeper
Can't a day go by without finding dicovering something scandalous, immoral or moronic coming from this a**hole?

His frowardness is perpetual and unrelenting.

4 posted on 06/21/2012 5:17:49 PM PDT by AAABEST (Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
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To: Michael.SF.
I quoted the original headline which was taken from the article. Looks like the Freeper Admins are smarter then the guy at the Times who wrote the bad headline.
5 posted on 06/21/2012 5:20:43 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: SoFloFreeper
Look for the connection with Bennie Thompson or Ray Mabus. My bet is some of the money went into Thompson's coffer.
6 posted on 06/21/2012 5:39:14 PM PDT by vetvetdoug
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To: vetvetdoug

Yet another facet of the money laundering operation. The Seven Families never had it this good.


7 posted on 06/21/2012 6:05:29 PM PDT by Fred Hayek (The Democratic Party is the operational wing of CPUSA.)
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To: SoFloFreeper

Wasn’t Biden in charge of watching over the stimulus funds so there’d be no abuse?? What a joke...


8 posted on 06/21/2012 6:19:06 PM PDT by libsrscum (Sic Semper Tyrannis)
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To: SoFloFreeper

Your tax dollars at work.


9 posted on 06/21/2012 8:57:57 PM PDT by Tzimisce (THIS SUCKS)
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To: SoFloFreeper
IMAGINE if the Obama butt-licking media would be upset.

I am slowly coming to the conclusion that most of our nation's problems are caused by the media, at least indirectly. So many decisions are made by ordinary people based on the lies, half-truths, and omissions of the media that spread their tentacles into most everyone's lives on a daily basis. The smartest amongst us have thrown their TVs out or at least turned off the "news" so-called.

I am also slowly coming around to think that Obozo really is the Antichrist.
10 posted on 06/21/2012 9:33:23 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: libsrscum

I was, but the Israeli embassy refused to let me have Hawaiian pork them at the dinner in my honor, so had to 90 minutes late to teach them a lesson about...final solution something. What did that have to do with watching out for abuse of stimulus money? Oh, yeah! I want Hawaiian pooooork!


11 posted on 06/21/2012 11:55:09 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Cheerio
I am also slowly coming around to think that Obozo really is the Antichrist.

He is connected to MABUS, a well known character from Nostradamus's quatrains. Mabus (known for his antisemitism) is Obomas chosen envoy to the middle east.

Jesus said Satan would fall from the sky like lightning (Luke Ch. 10, vs. 18). The ancient Hebrew word for lightning (flash, gleaming sword) is "Baraq" pronounced "Bar-Rawk".
Satan said he's reach the height of the heavens (Isah Ch. 18, vs. 12-19). The Hebrew word for high place, or heaven, is "Baw-Maw", pronounced "Bamah."
"Waw", or "Vaw", pronounced "O" is a conjunction, connecting the two.

Put them all together in Hebrew, and you have Baw-Rak O Bam-Maw.

I'm just sayin'.......

12 posted on 06/22/2012 6:04:33 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: no-to-illegals
Would like to outlive obama to dance in the street once obama is dead.

I wanna live long enough to piss on his grave.

13 posted on 06/22/2012 6:14:17 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: unixfox
Had not thought of that. Maybe we could organize a party once it happens. Could we call the party for zer0 a real p___er? Am thinking half (at least half) of the country would show up. May have to party for a year or more for everyone to have a turn.
14 posted on 06/22/2012 6:37:34 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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