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internetworkers - heard of Global Crossing?

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  • From: "David R. Matusiak" <matusiak AT speakeasy.net>
  • To: InterNetWorkers <internetworkers AT franklin.oit.unc.edu>
  • Subject: heard of Global Crossing?
  • Date: Wed, 13 Mar 2002 08:07:58 -0800 (PST)


forget any attempts at humor; how about more inconsequential info?

Global Crossing may wind up being the next Enron. it is amazing how well
these
execs and politicos do for themselves. i wonder who is carrying the burden of
all these failed companies?
---
http://www.latimes.com/business/la-013002global.story
"A finance executive at ailing Global Crossing Ltd. warned the firm's top
attorney in August that the company's financial condition was being enhanced
with misleading accounting techniques"

http://www.internetnews.com/bus-news/article/0,,3_962491,00.html
"New York Stock Exchange officials told Asia Global Crossing executives they
were not in compliance with listing standard, which require all
publicly-traded
companies to maintain a minimum $1 price per share. The carrier has 60 days
to
"demonstrate compliance" or be de-listed."

http://www.drudgereport.com/mattgcc.htm
"ENRON-stung GOPers are discreetly eyeing the collapse of GLOBAL CROSSING
[which
on Monday became the 4th largest bankruptcy in history] and its Chairman Gary
Winnick, a top Democrat donor who helped DNC head Terry McAuliffe turn a
$100,000 stock investment -- into $18,000,000!"

http://www.wired.com/news/business/0,1367,50114,00.html
"In 1998, Winnick paid what is believed to be the highest price ever for a
single-family home in the United States. He spent more than $60 million for a
four-acre estate in Bel Air, a tony neighborhood in Los Angeles, and then
continued with some $30 million worth of renovations. "Money's no fun unless
you spread it around," he told Business Week in 2000."
---
all of those links point to free information, by the way.
drm
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m a h t o o z e e a c k a t s p e e k e e z e e d o t n e t
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