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A FRIEND IN NEED: Grubman and Ebbers, Thick as Thieves in IPO Deals
NY POST ^
| August 31, 2002
| JESSICA SOMMAR
Posted on 08/31/2002 2:38:29 AM PDT by Liz
Edited on 05/26/2004 5:08:19 PM PDT by Jim Robinson.
[history]
EASY MONEY: WorldCom's former CEO Bernie Ebbers cleaned up with shares of hot IPOs underwritten by Salomon Smith Barney. AP Photo.
WorldCom's maverick ex-CEO Bernie Ebbers raked in millions from his cozy relationship with Salomon Smith Barney and its former star telecom analyst Jack Grubman. Ebbers made a profit of $11.1 million on allocations of initial public offerings underwritten by the investment bank - an eye-popping $4.4 million of which was made on the first day of trading, Salomon Smith Barney admitted in a letter to the House Financial Services Committee yesterday.
(Excerpt) Read more at nypost.com ...
TOPICS: Business/Economy; Crime/Corruption
KEYWORDS:
Sherburne says Citigroup's investment bank gave IPO shares to executives because they were brokerage clients, not to win banking business. Duh.
1
posted on
08/31/2002 2:38:29 AM PDT
by
Liz
To: Liz
Bernie Ebbers:
2. |
Hark(en)! I Hear the August Story s Roar |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. Hark(en)! I Hear the August Story s Roar mullings.com ^ | 07/12/2002 | Rich Galen (Th
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3. |
WorldCom may file for bankruptcy next week |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. WorldCom may file for bankruptcy next week Reuters via IDG.net ^ | 7/18/02 Posted on
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4. |
WorldCom Probes Shift Focus to Ousted CEO Ebbers |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. WorldCom Probes Shift Focus to Ousted CEO Ebbers Dow Jones News Service | Monday, Jul
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5. |
Lenders to WorldCom dealt legal setback |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. Lenders to WorldCom dealt legal setback Financial Times ^ | July 12 2002 21:54 | Josh
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6. |
Bush Is Tapping Into The Thirst for Revenge |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. TOPICS Business/Economy Culture/Society Editorial News/Current Events KEYWORDS Bush I
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7. |
Bankrupt WorldCom called a security risk |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. TOPICS Front Page News News/Current Events KEYWORDS Bankrupt WorldCom called a securi
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8. |
WorldCom Stock Halted After Shares Plunge |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. WorldCom Stock Halted After Shares Plunge Reuters / Yahoo ^ | 6/26/2002 | Staff Poste
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Jack Grubman:
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Get the Top 10 websites for "Jack Grubman"
3. |
News/Activism | latest threads |
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Free Republic Log In | Register News/Activism Latest | Search | Topics Latest Threads Threads | Messages Find in Forum ... By Title By Keyword By Poster Man who hugged kids intended no harm, police sa
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4. |
Bush Is Tapping Into The Thirst for Revenge |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. TOPICS Business/Economy Culture/Society Editorial News/Current Events KEYWORDS Bush I
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5. |
Cleaning Up Boomtown |
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FreeRepublic.com "A Conservative News Forum" [ Browse | Search | Topics ] Click to scroll to commentary. Cleaning Up Boomtown Wall Street Journal ^ Posted on 06/30/2002 2:22 PM Pacific by dr |
2
posted on
08/31/2002 3:01:09 AM PDT
by
backhoe
To: Liz
Wasn't there a Jane Sherburne who was a major spokesperson for Clinton during the Clinton impeachment?
3
posted on
08/31/2002 4:00:58 AM PDT
by
Stirner
To: Stirner
CIRCA 1999
Jane Sherburne, the past White House lawyer who was in charge of scandal damage control, and who still keeps in close contact with Hillary Clinton, was recently deposed in Judicial Watch's $90 million class action Filegate lawsuit. Ms. Sherburne's "insights" into the Clinton White House -- which Judicial Watch views with skepticism -- are featured prominently in Bob Woodward's new book, Shadow. I believe she now works for PBS.
4
posted on
08/31/2002 4:25:46 AM PDT
by
Liz
To: Liz
Jane Sherbourne was a CLINTON lawyer!!!! DIRTY LIAR.
5
posted on
08/31/2002 4:28:45 AM PDT
by
Ann Archy
To: backhoe
ping ping
To: Ann Archy
Birds of a feather.............
7
posted on
09/01/2002 4:00:18 AM PDT
by
Liz
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