Full: INTRIGUE SURROUNDS $400 MILLION GOVERNMENT AWARD TO GLOBAL CROSSING

drudge ^ | 1/30/02 | Drudge Report

[CedarDave]

It belongs on Breaking or Front Page News all day (not like that cobra-kills/eats-family story on there now -- where are the thread police when we need them!!)

[abner]

Someone said there were many more little "enrons" waiting in the wings to become orphans.

The New Clinton economy waiting to rear its ugly head.

[abner]

LOL!

[abner]

Anderson Consultant found dead

[Dog]

I was watching CNBC last night... someone on one of the shows said Winnick had cashed out Global Crossing stock to the tune of $700 Million...before he left the company..

I am going to try and find it...I will post it here when I do.

[abner]

I heard that too.

[Madstrider]

It wouldn't surprise me if the contract was awarded after the current administration took office. Democrats in The U.S. Senate have intentional held up hundreds of key Bush appointments including many department heads forcing the White House to rely on Clinton appointees in the day to day operation of the government. There may be some method to this madness

[Mahone]

But don't ya'll know "that's just capitalism", as Mr. MacAullife says?

[Liz]

Thanks for the ping. And I hope Bush will earn brownie points for
glomming onto and cancelling this corrupt Klintoon deal....but he won't....

As an aside, "Doo-dah Dodd's" law which made all this corruption possible
was aided and abetted by the gangster Senator from NJ - Torisilly.

I believe there were 13 Senators behind Dodd on this scheme.

And how much did the conniving Klintoons make on the defense deal?

[Dog]

Here it is abner....scroll down the article ...he cashed out for $600 Million!

Winnick cashes out!

Awful as Global Crossing has been for investors lately, Winnick, who serves as company chairman, hasn't made out too badly. That's because he has long been a prodigious seller of Global Crossing stock. In September, 2000, a spokesperson confirmed that Winnick had sold some $600 million of Global Crossing stock since the company's initial public offering. Winnick received the majority of his shares as result of his $15 million founding investment in the company. And this past May, Pacific Capital Group, an investment firm controlled by Winnick, generated an additional $123 million in proceeds through a complicated financial arrangement known as a collar

[Atticus]

Yeah, those off shore Cayman Island secret bank accounts sure come in handy on a rainy day.

Don't forget my favorites, the Bahamian Family Trust and the Cook Islands Asset Protection Trust.

[abner]

Good job!

[Dog]

Check your self search...I found a name from the past in the Arthur Anderson mess....

Its a goody!!

[Grampa Dave]

Ms posted, "It wouldn't surprise me if the contract was awarded after the current administration took office. Democrats in The U.S. Senate have intentional held up hundreds of key Bush appointments including many department heads forcing the White House to rely on Clinton appointees in the day to day operation of the government. There may be some method to this madness."

In about 99.9% of the cases where some federal government agency does something that is not conservative, the reason is all of the demonicRats left over in every department.

We need to get control of the senate and retain control of the house. Then, we need to pass a simple bill that all Civil Servants over gs 7 for example must submit their resignations 4 weeks before a president is sworn in. Then that president has up to two years to act on those letters of resignation. If the president accepts their letter of resignation, they are out of there with severance pay. They get escorted to the door by security people to prevent shredding and other actions.

99.999999999999999999999999999% of most federal agencies like the GAO are staffed with life long and card carrying demonicRats. They will plant lynx hairs in forests to support the green agenda. The GAO will violate the three separate branches of government to cover for Arthur Anderson. The state department pushes the the Clintoon agenda. The list goes on.

We need a bill to get rid of these leeches every four years. It works both ways. If a demonicRat gets elect president, they get to clean house.

Having said that, I believe that this $400 million contract was awarded to Global Crossing by Wild Bill Cohen, Clintoon's carpet headed doofus posing as a secdef during the last year of Clintoons raping of the American Taxpayer.

The former partner of Arthur Anderson in charge of the GAO should be investigating this aberation instead of violating the constitution re his Trojan Horse attempt with VP Cheney.

[Free Vulcan]

btss

[captain11]

Yes, his stock fortune. You can rest assured that he's got plenty of cash stashed away. Just like Lay, whose poor wife was saying that they're broke. Sure.

Ya think? Try $600 million stashed away. These stories about Winnick "losing all his stock" are garbage.

[Madstrider]

The former partner of Arthur Anderson in charge of the GAO should be investigating this aberation instead of violating the constitution re his Trojan Horse attempt with VP Cheney.

With the GAO being run by a Party Hack you can't expect responsibilty.

Man, I've just been waiting for the chance to call that man what he is, a Hack.

[abner]

Having said that, I believe that this $400 million contract was awarded to Global Crossing by Wild Bill Cohen, Clintoon's carpet headed doofus posing as a secdef during the last year of Clintoons raping of the American Taxpayer.

I just know someone posted a photo of a meeting Cohen was at last year or so. It was from the DOD, I think.

[mewzilla]

That was moi :) It was a pic of Cohen giving the keynote address at a GX annual meeting in London. November of 1999, I think.

[Bayou City]

...Or should it be called "cronyism"...