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To: Elkiejg
Corruption and the appearance of corruption!!!
11 posted on 07/09/2002 7:18:59 AM PDT by CPT Clay
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To: CPT Clay
What Global Crossing got for their 2.5 Million:

Specifically, in what should have been a routine proceeding, subsea cable builder Global Crossing Ltd. asked the Federal Communications Commission to “defer” consideration of the JUS petition in order to consider whether undersea cable consortia still served the “public interest” in a post-WTO world....

Rather than set forth anything substantive, however, Global Crossing hired a bevy of high-priced lobbyists - including Anne Bingaman, the former Assistant Attorney General for Antitrust, Peter Cowhey, the former Chief of the FCC’s International Bureau, and Greg Simon, former domestic policy adviser to Vice President Gore - to argue that the U.S. government should just nakedly divide up the market (that is, assign customers to specific competitors) for trans-Pacific communications, and abrogate both private contracts and ignore international agreements - including the WTO and a subsequent bilateral agreement reached between Japan and the U.S. Trade Representative.

As if this was not bad enough, Global Crossing also argued that the FCC should ignore its residual unilateral “regulatory safeguards” (such as benchmarks, for example) - unilateral safeguards that were promulgated under the watch of the very high-powered Washington DC lobbyists that Global Crossing hired to argue hypocritically the exact opposite view.

Source

She was also a Director at McLeod USA (along with Erskine Bowles, of Clinton fame). Got the info from this link. Then did a search and found they declared bankruptcy in Jan '02, 2 days after Global Crossing filed.

Are we seeing a pattern here? I think so....

22 posted on 07/09/2002 8:14:08 AM PDT by ravingnutter
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