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To: Mudboy Slim
I'm not arguing either way, MS. Simply pointing out how the WSJ has slanted the situation.
23 posted on 08/13/2002 9:49:05 AM PDT by Tickle Me Pank
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To: Tickle Me Pank
"...the WSJ has slanted the situation."

See, TMP, I disagree that "In 1997, at the invitation of CEO Gary Winnick, Mr. McAuliffe made an investment of $100,000 in Global Crossing shortly before it went public. Two years later he sold it for $18 million. Shortly thereafter, Global Crossing made a public announcement of decline in profits and the share price plummeted. It declared bankruptcy last January..." is slanting the situation.

BTW...the situation is even worse than described because that $100,000 McAuliffe invested was given to McAuliffe by Winnick/Global Crossing as a "speaking fee." A $100,000 speaking fee fer Terry McAuliffe back in 1997?!! How many folks had even heard of McAuliffe back in 1997, let alone be willing to pay him $100,000 to talk to their employees?!

MUD

25 posted on 08/13/2002 9:58:26 AM PDT by Mudboy Slim
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