Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ravingnutter
McAuliffe, while acknowledging he did quite well with his investment in Global Crossing, has denied reports in NewsMax and elsewhere that he turned a $100,000 investment into $18 million.

Wow, must have the same financial adviser as Hillary. Ya know, being the party of the people, they sure make some big bucks don't they? Seems like they would want to spread it around a little.

2 posted on 05/08/2002 10:06:52 AM PDT by ladtx
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ladtx
McAuliffe, while acknowledging he did quite well with his investment in Global Crossing, has denied reports in NewsMax and elsewhere that he turned a $100,000 investment into $18 million.

Wow, must have the same financial adviser as Hillary. Ya know, being the party of the people, they sure make some big bucks don't they? Seems like they would want to spread it around a little.

After this broke, several on here spoke of calculations, and the ones I did suggested that to have received 18 mill from the proceeds of a stock sale on the date the share price was the highest, McAullife would have had to have bought the shares at about $.36. Needless to say, the shares never traded for that low of price, so he obviously got some sort of options. What I want to know is when did he get them, and what was he doing at the time?

12 posted on 05/08/2002 11:32:03 AM PDT by 1L
[ Post Reply | Private Reply | To 2 | View Replies ]

To: ladtx
he turned a $100,000 investment into $18 million.

...and then days after Clinton left office, McAullife 'loaned' 1.5Million of that money back to Bubba.

Terry: "Oh, no judge, that wasn't be a kickback for insider information..."

...yea right, gimme a break!

35 posted on 05/08/2002 9:16:56 PM PDT by Future Useless Eater
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson