Replies

Gary Winnick, the largest contributor to the Jewish Federation of Los Angeles. Winnick regularly donated approximately $100 million annually to Jewish causes.

Great. I'm glad he gave some of his wealth to Jewish charities. Better than squandering it on garbage like huge yachts in the Mediterranean. Global Crossing was a 100% legitimate company during some of it's years and the money Winnick earned was 100% legit those years

The money went to a good cause and this drives you batty.

Global Crossing was set up to be a bust-out from day one. Winnick got his old Milliken/Boesky era friends --Bruce Raben,Dean C. Kehler, Andrew R. Heyer, and Jay R. Bloom at the Canadian Imperial Bank of Commerce--to put up the front money. Then Winnick pumped the stock and took out $735 million for himself. The Canadians played the stock all the way to the bottom, making over $1 billion for their trouble (they even made hundreds of millions when GX was trading for pennies a share).

The company never made one cent in profit.

Now Winnick is pulling a Marc Rich and buying off the Simon Wiesenthal Center and other powerful groups in and outside of Israel. Rich and Winnick are involved in the same Israeli charity, one which gives kids a free trip to Israel (I assume not everyone qualifies for this largeness).

If a CEO did this and gave the loot to the Christian Coalition or for free trips to the Vatican, the media would go ballistic and not stop until every dime was returned. You know that, I know that, everyone knows that.

But go ahead. Encourage Americans to send a couple bucks to the IDF. Who cares? Suckers deserve to be ripped off. Ask Garry Winnick.

And seeing as how Israel is fighting her war for "all of humanity" and the United States of America, it is for a good cause. Much better than buying pizzas for American troops, right?