[expose]

Congress' Sept 11, 00 Subpoena For Clinton's Criminal Evidence Blocked By Bush Exec Order)(Thead4)

[SMEDLEYBUTLER]

Not breaking.

Loral

[smorgle]

Bernard Schwartz, Loral chief executive, said on Wednesday the data were mistakenly sent to China by a Loral employee without approval by the US government, and expressed regret.

I'm in a hurry, just sell me the bridge.

[Vladiator]

I thought Cihina was our buddy now, since the Administration normalized trade relations and took them off the watch list, after it supported the entry into the WTO.

Is that something else?

[Rubber Duckie]

Interesting. One president gets massive contributions from a company to approval technology transfers from a company who puts Red China a generation ahead in a nuclear threat against everyone in America. They get mentioned in the London-based Financial Times and a slap on the wrist.

Another president gets moderate contributions from an energy company which is allowed to go bankrupt. Stockholders, employees and creditors (but not the entire country) suffer financial losses. They get calls for Senate investigations, endless wire stories and carried on all the domestic media 24-7.

What's wrong with this picture?

[RightOnline]

There will undoubtedly be those who will characterize this as "a slap on the wrist".

They'd be wrong.

It's "a kiss planted on Loral's fat a$$."

[gfactor]

new us foreign policy mantra "if you're yellow, we're mellow; if you're brown, we take you down".

[RightOnline]

"Bernard Schwartz, Loral chief executive, said on Wednesday the data were mistakenly sent to China by a Loral employee without approval by the US government, and expressed regret. He said the company had since greatly improved its oversight."

Ladies and gentlemen, this is the quintessential embodiment of the following:

"Don't p*ss on my leg and tell me it's raining."

[poorman]

The lowest bidder may not be the best idea after all.

[RJCogburn]

Loral, the US satellite company, said it would pay $14m to the US State Department

This is worse than nothing. This fine is paid by the company, which means the stockholders. Meanwhile, the CEO and the criminals associated with this pay nothing.

[TheGrimReaper]

And where is DNC Chairman/Clinton lackey Terry McAuliffe in all this?????
Another whitewash? Another Mary Jo White-type cop-out?

[gfactor]

this just in, the bush admin will be just as nice to corporate fat cats as the clintons.

[Defender2]

It's about time Convictions are now happening with this ChinaGate treason!!!!

[KDD]

This is bad.
Loral got away with it.

Clinton, who transferred technology export control from State to Commerce, and Ron Brown, to expedite the transfer of missle technology that State had already refused to allow China ascess to, got away with it. Perhaps State decided that Americans are not grown up enough to deal with treason at the highest levels of govt. Or maybe everyone is just in the classic CYA mode.

[1 FELLOW FREEPER]

Hmmmmmm.....maybe Ashcroft IS corrupt.

Or is he just a cowardly RUBE as I still suspect.

[Thorondir]

Loral fined...

Really? And what was Clintoilet fined?

[Excuse_My_Bellicosity]

Loral fined $14m over China missiles claim

How many hundred million did they get from the Chinese (minus Klinton's cut of course)? Hell of a deal. Klinton promised that they would catch some negative publicity but would wind up keeping 97% of the money. He was right. The defense industry doesn't care about negative publicity about its contractors.

The $14 million is just a cost of doing business, and a damn low one at that.