This has the makings of an excellent thread from back in August, and we need to ratchet up FReeper efforts to spread the word to folks who can do something about it.
From LarryLied: "Bruce Raben ,Dean C. Kehler, Andrew R. Heyer, and Jay R. Bloom at the the Canadian Imperial Bank of Commerce (CIBC) provided Gary Winnick and Global Crossing crucial initial financing. All five knew each other from when they worked for Milliken at Drexel in the 1980s. Winnick pulled $735 million out of GX for himself. CIBC netted over $1.2 billion playing the stock all the way to the basement.
Guess who is one of the largest shareholders of the Canadian Imperial Bank of Commerce? Li Ka-shing, the chairman of Hutchinson-Whampoa."
Wonder how much of this Byron York (National Review) knows about this?! He's got a block-buster story on Terry McAuliffe's scandals in the print version of the 16 September 2002 issue of National Review that I will post as soon as it comes out on the electronic version.
Apparently, a House committee is holding hearings on Global Crossing later this month and McAuliffe will be called to testify UNDER OATH.
October Surprise, indeed...MUD