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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (149015)	8/2/2002 1:45:44 PM
From: i-node	Respond to of 1574854

Clinton Crony Tops 'Barons of Bankruptcy' List Corporate Clinton crony Gary Winnick tops a list of executives who made fortunes selling company stock as their businesses headed for bankruptcy, a new survey by the Financial Times revealed this week. Between January 1999 and December 2001, Winnick collected more than a half-billion dollars as CEO of the now bankrupt telecommunications giant Global Crossing - more than twice the amount socked away by the media's favorite corporate villain, Ken Lay - as his company was careening toward collapse. During just those three years, Winnick managed to amass a $512 million jackpot for himself while Global Crossing investors were preparing to take a financial bath. Other corporate executives did well, but not nearly as well as Winnick, a presidential golfing buddy who ponied up a cool million for the Clinton Library and whose California office is a replica of the Oval Office. Winnick put Clinton moneyman turned Democratic National Committee chief Terry McAuliffe on the Global Crossing payroll in 1997, while McAuliffe was in between campaigns. The connection later proved extremely profitable after McAuliffe sold $100,000 worth of Global Crossing stock for a cool $18 million. Calling them the "Barons of Bankruptcy," the Financial Times examined the compensation packages of 200 corporate executives and directors who were involved in the 25 largest U.S. bankruptcies. Along with Lay, whose $247 million cash-out doesn't even come close to Winnick's, the Financial Times estimates that Enron's Jeffrey Skilling made off with $89 million. Meanwhile, WorldCom's Scott Sullivan and Bernie Ebbers lined their pockets to the tune of $49 and $20 million, respectively. Collectively, the "Barons of Bankruptcy" reaped $3.3 billion as their firms headed over the cliff, the Times said.

To: tejek who wrote (149015)	8/2/2002 1:47:33 PM
From: i-node	Read Replies (1) \| Respond to of 1574854

This is HILARIOUS. What more can I say? ================== Clinton Pledges to Fight as Combat Soldier With Israeli Army Ex-President Bill Clinton told an audience in Toronto, Canada, on Tuesday that he would personally fight "in the trench" alongside the Israel Defense Forces to repel an attack on the Jewish state by Iraq. "I would grab a rifle and get in the trench and fight and die," Clinton proclaimed, according to a report by the Canadian Press news service. The one-time Vietnam War-era draft dodger was addressing a packed fundraiser for Canada's Hadassah-Wizo Organization. While discussing his efforts to bring peace to the Middle East as president, Clinton stressed that America must remain involved because U.S. participation is the only way to ensure the long-term trust of the Israelis. "Israel believes America is the only big country who cares if they exist," he contended. Clinton then delighted the mostly Jewish audience by saying he would be willing to physically fight for Israel. "If Iraq came across the Jordan River ... I would grab a rifle and get in the trench and fight and die," he pledged. The audience erupted in "massive applause" at the Clinton promise, the CP said. At the height of the Vietnam War, the ex-president received three separate draft notices while studying abroad in Great Britain. But his uncle Raymond Clinton was eventually able to secure a slot in the ROTC in Arkansas, which allowed him to postpone his military service. When the time came to keep his military commitment, however, Clinton wrote Arkansas ROTC Commander Col. Eugene Holmes, explaining that he couldn't serve because he "loathed the military."