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| Subject: They are two separate conpanies whether you like it or not!! AND | |
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Author: Oropan |
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Date Posted: 10:23:19 03/12/07 Mon In reply to: jw 's message, "It's right here in the article! Also, notice the heavy involvement in now bankrupt worldcom-mci, this is Grand Theft Capitalism!" on 09:34:07 03/12/07 Mon the MCI position was acquired AFTER MCI went bankrupt. They bought the leftovers after that bankrupcy!!!! Like I posted above....you guys don't have a clue what you are talking about. 16, 2003, the House Armed Services Committee >>>>>voted to cut 10% of the Navy project's $1.6 billion >>>>>budget for the upcoming year. Federal lobbying >>>records >>>>>show that two months earlier, Cerberus hired its >>>first >>>>>lobbyist, the powerhouse firm Patton Boggs. ... The >>>>>firm's lobbyists for Cerberus included Laurence >>>>>Harris, a former FCC staffer who would join MCI's >>>>>board of directors that August; retired Marine >>>colonel >>>>>John Garrett; and Marcus Dunn, a former aide to two >>>>>members of the House Armed Services Committee. >>>>>...Cerberus paid Patton Boggs $1.1 million for >>>>>lobbying from 2003 to the middle of 2005, the last >>>>>date that records are available. Separately, >>Cerberus >>>>>hired former senator Jake Garn, a Utah Republican, >>as >>>>>a lobbyist for $410,000 over the same period, >>>lobbying >>>>>records show. >>>>> >>>>>~snip~ >>>>> >>>>> >>>>> >>>>>href="http://cache.zoominfo.com/cachedpage/?archive >_ >>i >>>d >>>>= >>>>>0&page">http://cache.zoominfo.com/cachedpage/?archi >v >>e >>>_ >>>>i >>>>>d=0&page ... >>>>> >>>>>*** >>>>> >>>>>Cerberis donated $100,000 at a single fundraiser to >>>>>Rep. Jerry Lewis, fmr. Chair of the House >>>>>Appropriations Comm., who served as intermediary to >>>>>distribute money to fellow GOP lawmakers favored by >>>>>Cerberus >>>>> >>>>> >>>>>href="http://www.usatoday.com/news/washington/2006- >0 >>1 >>>- >>>>1 >>>>>9-cerb...">http://www.usatoday.com/news/washington/ >2 >>0 >>>0 >>>>6 >>>>>-01-19-cerb... >>>>> >>>>> >>>>>Lewis' Future Leaders PAC gave $407,000 to 69 House >>>>>candidates in the 2004 election. The >>Cerberus-related >>>>>money was equal to nearly a third of that amount. >In >>>>>2003, the PAC collected $522,725 — a quarter of it >>>>>connected to Cerberus. >>>>>Boustany's 2004 campaign got $15,000 in >>contributions >>>>>from Lewis' Future Leaders PAC in three separate >>>>>$5,000 contributions, according to Federal Election >>>>>Commission records. Lewis also kicked in another >>>>>$2,000 from his own campaign in two separate >>>>>contributions to Boustany's 2004 campaign. Boustany >>>>>picked up another $5,000 from Future Leaders PAC in >>>>>the current election cycle. >>>>> >>>>>But, Boustany also benefited from the >Lewis/Cerberus >>>>>relationship in another way: >>>>>Lewis also got Cerberus to help with his >fundraising >>>>>for the National Republican Congressional >Committee, >>>>>the arm of the GOP that gives money to House >>>>>candidates. Lewis said he invited Cerberus >>executives >>>>>to an April 2004 NRCC fundraiser he chaired that >>>>>included a speech by President Bush. >>>>> >>>>>The NRCC got $70,000 in Cerberus-related donations >>>>>during the first two weeks of April 2004, including >>>>>$25,000 from Cerberus founder Stephen Feinberg, >>>>>records show. "I had been doing this for over a >>dozen >>>>>years, helping to raise money for our members," >>Lewis >>>>>said. "Others (candidates for Appropriations >>>chairman) >>>>>began to be helpful with fundraising, but that had >>>>>been a recent and newfound interest of theirs." >>>>> >>>>>Federal Election Commission records show that the >>>>>National Republican Congressional Committee spent >>>>>$72,620 in coordinated spending on Boustany's 2004 >>>>>campaign and another $96,593 on independent >>>>>expenditures on behalf of Boustany's campaign. Now, >>>of >>>>>course, the national parties raised millions of >>>>>dollars for congressional races, so Boustany's >share >>>>>of that Cerberus/Lewis effort might well have been >>>>>small through this particular channel. In any >event, >>>>>it was no where near as large as Cerberus's impact >>on >>>>>Future Leaders PAC dollars. >>>>>Wilkes employed a lobbyist named Bill Lowery who is >>>>>unusually close with House Appropriations Committee >>>>>Chairman Rep. Jerry Lewis. Copley News Service >>>>>conducted a three month investigation of their >>>>>relationship: >>>>>From powerful positions on the House Appropriations >>>>>Committee, California Rep. Jerry Lewis has >>>>>greenlighted hundreds of millions of dollars in >>>>>federal projects for clients of one of his closest >>>>>friends, lobbyist and former state Congressman Bill >>>>>Lowery. >>>>>Meanwhile, Lowery, the partners at his firm and >>their >>>>>clients have donated 37 percent of the $1.3 million >>>>>that Lewis’ political action committee received in >>>the >>>>>past six years…The Lewis-Lowery relationship, >>>however, >>>>>is remarkable for the closeness and mutual >>>>>dependence…They’ve even exchanged two key staff >>>>>members, making their offices so intermingled that >>>>>they seem to be extensions of each other. >>>>> >>>>> >>>>>Serberus founder Stephen Feinberg is reported to >>have >>>>>made particularly substantial donor to Republican >>>>>organizations, with a 2004 contribution of $25,000 >>to >>>>>the RCCC. Feinberg also contributed $2000 to the >>>>>Senate campaign that year of Connecticut Senator >>>>>Joseph Liberman. >>>>>href="http://209.85.165.104/search?q=cache:mH1tG596 >L >>n >>>8 >>>>J >>>>>:www.f...">http://209.85.165.104/search?q=cache:mH1 >t >>G >>>5 >>>>9 >>>>>6Ln8J:www.f... >>>>> >>>>> >>>>> >>>>>href="http://thehill.com/thehill/export/TheHill/New >s >>/ >>>F >>>>r >>>>>ontpag...">http://thehill.com/thehill/export/TheHil >l >>/ >>>N >>>>e >>>>>ws/Frontpag... >>>>> >>>>>In a plea agreement with prosecutors, Cunningham >>>named >>>>>four people who had conspired with him to commit >the >>>>>crimes. Although the plea agreement does not refer >>to >>>>>the co-conspirators by name, they are widely >>believed >>>>>to be Mitchell Wade, the former president of >defense >>>>>intelligence firm MZM Inc., Brent Wilkes, president >>>of >>>>>defense contractor ADCS Inc., Tom Kontogiannis, a >>New >>>>>York real-estate developer, and an unnamed family >>>>>member of Kontogiannis. >>>>> >>>>>Wade and Wilkes gave heavily to congressional >>>>>Republicans in recent years, and now lawmakers must >>>>>decide whether to keep the campaign largesse. >>>>> >>>>>Wade, Wilkes, Kontogiannis and others remain under >>>>>investigation, according to a statement made by the >>>>>lead federal prosecutor in the case, U.S. Attorney >>>>>Carol Lam. >>>>>Congressional ethics experts predict that one or >>more >>>>>of the co-conspirators would be charged, especially >>>>>because Cunningham has agreed to continue to >>>cooperate >>>>>with the investigation. >>>>> >>>>>“Given that they were both described as >>>>>co-conspirators in the plea agreement and that the >>>>>agreement calls for former Rep. Cunningham to >>>>>cooperate in the investigation, it’s very likely >>that >>>>>both Mitchell Wade and Brent Wilkes will be >>>indicted,” >>>>>said Brett Kappel, an ethics lawyer at Vorys, >Sater, >>>>>Seymour and Pease LLP. >>>>> >>>>>Sen. Jim Talent (R-Mo.) has returned money from >>>>>lobbyist Jack Abramoff, the center of another >>>>>congressional ethics scandal, while Republican >Reps. >>>>>Jeb Bradley (N.H.), Kenny Hulshof (Mo.), Heather >>>>>Wilson (N.M.) and Steve LaTourette (Ohio) gave back >>>>>contributions from DeLay after he was indicted in >>>>>September. >>>>>Republican Reps. Tom DeLay (Texas), John Doolittle >>>>>(Calif.) and Jerry Lewis (Calif.) all received at >>>>>least $30,000 in donations — either through their >>>>>campaign committee or their leadership PACs — from >>>>>Wade, Wilkes, their family members and their >>>>>companies’ PACs over the past four years. These >>>totals >>>>>do not include individual contributions from >>>employees >>>>>of these firms. Early this year, Lewis became the >>>>>chairman of the powerful House Appropriations >>>>>Committee. Before that, he headed the defense >>>>>appropriations subcommittee. Because of these >>>>>high-profile roles, Lewis often receives more >>>>>donations than most House members. Doolittle also >>>sits >>>>>on the Appropriations Committee. >>>>> >>>>>But Cunningham, who was simply a member of the >>>defense >>>>>appropriations subcommittee, received the most — at >>>>>least $66,000 during the same period. >>>>>Rep. Duncan Hunter (R-Calif.), chairman of the >Armed >>>>>Services Committee, received just over $28,000, as >>>did >>>>>Rep. Virgil Goode (R-Va.). Rep. Jerry Weller >>(R-Ill.) >>>>>was the recipient of $20,000. >>>>> >>>>>Wilkes is a prominent Bush fundraiser, earning a >>>>>designation as a “Bush pioneer” in 2004 for raising >>>>>more than $100,000. If Wilkes is indicted, he will >>be >>>>>the third Bush pioneer, after Abramoff and Ohio >>>>>fundraiser Tom Noe, to be indicted this year. >>>>> >>>>>Wade resigned from MZM earlier this year. The >>company >>>>>was sold to a private equity firm in August. >>>>> >>>>> >>>>>Senate Judiciary Committee Goes Into Closed >Hearings >>>>>to Discuss Firing of U.S. Attorney Who Prosecuted >>CIA >>>>>Contractor Case >>>>> >>>>>On Tuesday, Judiciary Committee member Arlen >Specter >>>>>revealed publicly that the committee he used to >>Chair >>>>>would be going behind closed doors to discuss >>>>>still-classified details about the retaliatory >>firing >>>>>of U.S. Attorney Caroline Lam, who had aggressively >>>>>prosecuted the MZM Wade-Cunningham contracting >case. >>>>>(Source C-Span Radio, 03/05/2007, @ 7:20 pm). >>>>> >>>>>According to Specter, the Senate Judiciary >Committee >>>>>went into closed session to talk about an ongoing >>TOP >>>>>SECRET investigation that stems from the Cunningham >>>>>case. Three Hill Committees reached an agreement >>with >>>>>the Department of Justice to receive files compiled >>>by >>>>>the U.S. Attorney’s office in San Diego, and are >>just >>>>>beginning to hold public hearings into the unlawful >>>>>dismissal of Lam. (See, generally, >target=_blank rel=nofollow >>target=_blank rel=nofollow >>>target=_blank rel=nofollow >>>>target=_blank rel=nofollow >>>>>target=_blank >>>>>href="http://thehill.com/leading-the-news/emanuel-t >a >>n >>>g >>>>l >>>>>es-wit">http://thehill.com/leading-the-news/emanuel >- >>t >>>a >>>>n >>>>>gles-wit ... ; >>>>>href="http://www.signonsandiego.com/news/metro/2007 >0 >>1 >>>1 >>>>2 >>>>>-9999">http://www.signonsandiego.com/news/metro/200 >7 >>0 >>>1 >>>>1 >>>>>2-9999 -... ; >>>>>href="http://www.scoop.co.nz/stories/HL0605/S00125. >h >>t >>>m >>>>" >>>>>>http://www.scoop.co.nz/stories/HL0605/S00125.htm >a >>> >>> >>>>> >>>>>These closed hearings are most likely related to >>>>>contracts that MZM had with CIA, including one that >>>>>led to the falsification of data about aluminum >>tubes >>>>>shipped to Iraq that allegedly were going to be >used >>>>>to reconstitute Saddam's nuclear program. That's >>>>>right, those aluminum tubes, the one's that were >>>>>falsely used by White House and Vice President to >>>>>justify the invasion of Iraq. >>>>> >>>>>*** >>>>> >>>>>On background, it should be noted that Laura >Rozen's >>>>>WAR&PIECE column of December 11, 2005, "Wade, >Wilkes >>>>>and Bad Intelligence?" identified Mitchell Wade's >>MZM >>>>>defense contracting firm as a culprit in faulty >>>>>intelligence generation that led to the Iraq >>>invasion. >>>>>See, >>>>>href="http://www.warandpiece.com/blogdirs/003244.ht >m >>l >>>" >>>>> >>>>>http://www.warandpiece.com/blogdirs/003244.html > >>>>>A source cited by Rozen identified MZM as the >>private >>>>>contractor cited for support of an errant CIA Iraq >>>WMD >>>>>assessment used to justify the Bush >Administration's >>>>>argument for war. An MZM analysis erroneously >>>>>concluded that aluminum tubes ordered by Saddam >>>>>Hussein were intended for use in a clandestine >>>nuclear >>>>>fuel enrichment program that didn't exist. Rosen >>came >>>>>up with the extraordinary finding that consultants >>>>>working for MZM and other intelligence contractors >>>>>staffed the Robb-Silberman Commission that >>>>>investigated the faulty Iraq WMD findings. >>>>> >>>>>*** >>>>> >>>>>During testimony in the Scooter Libby trial, we >>>>>learned that Valerie Plame was involved in the >>>>>aluminum tube issue within the CIA’s >>>>>Counter-Proliferation Division (CPD), where she >>>worked >>>>>before being “outed” by Libby and others in the >>White >>>>>House and Vice President’s office. >>>>> >>>>> >>>>>Dan Quayle is chair of new Leumi owner >>>>Cerberus-Gabriel >>>>> >>>>> >>>>>www.haaretzdaily.com/hasen/pages/ShArt.jhtml?itemNo >= >>6 >>>4 >>>>5 >>>>>... >>>>>Dan Quayle is chair of new Leumi owner >>>>Cerberus-Gabriel >>>>>Ha’aretz 11/16/2005 >>>>> >>>>>Cerberus is chaired by former U.S. vice president >>Dan >>>>>Quayle. — The Cerberus-Gabriel group was led by >>>>>Gabriel president J. Ezra Merkin, assisted by CPA >>Avi >>>>>Berger, the general manager of the Kesselman & >>>>>Kesselman accounting firm, and attorney Yaakov >>>>>Ne’eman. Stephen Feinberg, 45, a Jew from New York >>>and >>>>>the wunderkind of the hedge funds world who, within >>>20 >>>>>years, turned a $10 million fund into a holding >>>>>company whose companies have combined sales of $30 >>>>>billion a year, is the founder and manager of >>>Cerberus >>>>>Global Investment. >>>>> >>>>>www.globes.co.il/serveen/globes/DocView.asp?did=100 >0 >>0 >>>2 >>>>9 >>>>>... >>>>> >>>>>Experts: Ultimate owners of Leumi unclear >>>>>Globes 11/16/2005 >>>>>Banking sources: US investor disclosure regulations >>>>>will cause Cerberus-Gabriel problems.— Ministry of >>>>>Finance officials have declared a great victory in >>>the >>>>>Bank Leumi (TASE: LUMI) tender, but banking >>>>>specialists are not so enthusiastic. They say that >>>the >>>>>victory wasn’t so great: the buyers (Cerberus >>Capital >>>>>Management LP and Gabriel Capital Management) are >>too >>>>>anonymous, their business isn’t transparent enough, >>>>>and, most of all, the saga is far from over…these >>>>>owners have specific problems in connection with >>>>>operating a bank in the US, and they are looking >for >>>>>indirect ways to operate there, perhaps without a >>>>>banking license. >>>>> >>>>> >>>>>(Can't get that top link to work yet -- Globe link >>>>>requires registration and installation of their >>>>>software. Found these links from: >target=_blank rel=nofollow >>target=_blank rel=nofollow >>>target=_blank rel=nofollow >>>>target=_blank rel=nofollow >>>>>target=_blank >>>>>href="http://72.14.253.104/search?q=cache:0b_1KEnb0 >1 >>U >>>J >>>>: >>>>>www.wi">http://72.14.253.104/search?q=cache:0b_1KEn >b >>0 >>>1 >>>>U >>>>>J:www.wi ... ) >>>>> >>>>> >>>>> >>>>>DONALD RUMSFELD - CERBERUS INVESTOR >>>>> >>>>>During the tenure of former Secretary of Defense >>>>>Donald Rumsfeld, the Pentagon awarded a large >>>contract >>>>>to the company at the center of the Walter Reed >Army >>>>>Hospital scandal. Rumsfeld may have financially >>>>>benefited from it along with other major GOP >>figures, >>>>>including former Vice President Dan Quaile, and >>>former >>>>>Treasury Secretary Snow, who also invested in or >are >>>>>employed by, or received campaign contributions >from >>>>>the same Wall Street hedge fund that owns the >>>company. >>>>> >>>>>In his last financial disclosure before becoming >>>>>Defense Secretary, Rumsfeld revealed that he held >>>>>shares in Cerberus, a large NY Hedge Fund that >>>>>acquired International American Products, Inc. >>>>>Worldwide Services. >>>>>href="http://www.businessweek.com/magazine/content/ >0 >>5 >>>_ >>>>4 >>>>>0/b395...">http://www.businessweek.com/magazine/con >t >>e >>>n >>>>t >>>>>/05_40/b395... >>>>> >>>>> >>>>>Former Treasury Secretary John W. Snow is chairman >>of >>>>>the New York hedge fund that owns IAP >>>>> >>>>>DU Contributor, “Emit”, also played a significant >>>role >>>>>in researching and compiling this information about >>>>>Cerberus-IAP. Some of his research is found at this >>>DU >>>>>subthread - >>>>>href="http://www.democraticunderground.com/discuss/ >d >>u >>>b >>>>o >>>>>ard.ph...">http://www.democraticunderground.com/dis >c >>u >>>s >>>>s >>>>>/duboard.ph... >>>>> >>>>>Emit writes: >>>>> >>>>> >>>>>Recall John Snow >>>>>href="http://www.buzzflash.com/analysis/06/02/ana06 >0 >>1 >>>1 >>>>. >>>>>html">http://www.buzzflash.com/analysis/06/02/ana06 >0 >>1 >>>1 >>>>. >>>>>html from the Dubai Ports World deal? >>>>> >>>>>I didn't notice Snow's name in the "Leadership" or >>>>>"Board" links at IAP's website, but this is an >>>>>interesting explanation: >>>>> >>>>>Mr. Snow's Cerberus Capital Management LP owns Cape >>>>>Canaveral, Fla.-based IAP, which is led by former >>>>>executives from Halliburton's engineering, services >>>>>and construction subsidiary KBR (formerly Kellogg, >>>>>Brown & Root). KBR is currently the Army's sole >>>>>contractor for providing food and shelter to the >>>>>military in Iraq and Afghanistan. But the Army now >>>>>wants multiple contractors for these services and >>KBR >>>>>is bidding again. Some defense analysts are >>>predicting >>>>>both KBR and IAP, which is run by former KBR >>>>>executives, will each win one of the 10-year deals >>>>>that start in 2007. >>>>> >>>>> >>>>> >>>>> >>>>>href="http://www.politicalfriendster.com/rateConnec >t >>i >>>o >>>>n >>>>>.php?i">http://www.politicalfriendster.com/rateConn >e >>c >>>t >>>>i >>>>>on.php?i ... >>>>> >>>>>More: >>>>>~snip~ >>>>> >>>>>Cerberus has been shopping up a storm for a year >>now, >>>>>seemingly coming out of nowhere to build a >corporate >>>>>empire. With more than $16 billion of investors' >>>>>assets on its books -- almost double what it had in >>>>>2003 -- it has bought 28 companies and snapped up >>>>>stakes of at least 15% in an additional 15 over the >>>>>past decade. According to BusinessWeek estimates, >>>>>Cerberus controls companies that ring up at least a >>>>>combined $30 billion in annual sales, more than >>>>>McDonald's, 3M (AXP ), Coca-Cola (KO ), or Cisco >>>>>Systems (CSCO ). With more than 106,000 employees, >>>>>Cerberus companies have a bigger payroll than Exxon >>>>>Mobil Corp. (XOM ). Its trophies include 226 Burger >>>>>King restaurants, the National and Alamo car-rental >>>>>chains, building-products maker Formica Corp., and >>>the >>>>>old Warner Hollywood Studios, where blockbusters >>such >>>>>as Basic Instinct were made. Its companies connect >>>>>BlackBerrys, provide medical therapy, and set up >>>>>military-base camps in Iraq. >>>>> >>>>>PICKUP TRUCKS AND BUD >>>>>The mind-boggling rise of Cerberus -- from a fringe >>>>>vulture fund started with a grubstake of about $10 >>>>>million in 1992 to a Wall Street powerhouse -- has >>>>>been driven by its enigmatic boss, Stephen A. >>>>>Feinberg, 45. Like other hedge-fund managers and >>>>>buyout kings, Feinberg has a penchant for secrecy, >>>>>although his is more developed than most. While >>>>>co-founder William L. Richter deals with investors, >>>>>and lieutenants such as former Vice-President Dan >>>>>Quayle jet around the globe to seal deals, the >>>>>mustached Feinberg keeps very much to himself in a >>>>>nondescript office on the 22nd floor of a high-rise >>>on >>>>>Manhattan's Park Avenue. >>>>>~snip~ >>>>> >>>>> >>>>>href="http://www.businessweek.com/magazine/content/ >0 >>5 >>>_ >>>>4 >>>>>0/b395">http://www.businessweek.com/magazine/conten >t >>/ >>>0 >>>>5 >>>>>_40/b395 ... >>>>> >>>>> >>>>>Created in 1992, Cerberus is a hedge fund, a type >of >>>>>private investment group that's not regulated by >the >>>>>Securities and Exchange Commission. It's named >after >>>>>the mythical, three-headed dog guarding the gates >of >>>>>Hades. >>>>> >>>>>Often called a "vulture fund," Cerberus invests >>>mainly >>>>>in companies in or on the verge of bankruptcy, >>buying >>>>>those firms' bonds in the hopes of converting them >>>>>into cash or stock in a revived company. In 2000, >>the >>>>>company hired former vice president Dan Quayle as a >>>>>top executive. >>>>> >>>>>In 2003, Cerberus owned more than $140 million in >>>>>stock and bonds of the bankrupt telecommunications >>>>>giant WorldCom, financial records show. Its stake >in >>>>>the company, which had filed for bankruptcy >>>protection >>>>>the previous year, was large enough that a Cerberus >>>>>executive joined the board of directors of MCI, the >>>>>company's post-bankruptcy name. >>>>>~snip~ >>>>> >>>>> >>>>>href="http://www.usatoday.com/news/washington/2006- >0 >>1 >>>- >>>>1 >>>>>9-cerb">http://www.usatoday.com/news/washington/200 >6 >>- >>>0 >>>>1 >>>>>-19-cerb ... >>>>> >>>>>Small firm targets Halliburton contracts >>>>>November 4, 2006 >>>>> >>>>> >>>>>ASSOCIATED PRESS >>>>>A small defense contractor now controlled by former >>>>>Bush Treasury Secretary John W. Snow is taking on >>>>>Halliburton Co. by bidding for one of three Army >>>>>contracts worth up to $50 billion each to provide >>>food >>>>>and shelter to U.S. troops in Iraq and >Afghanistan. >>>>>Within days of Mr. Snow becoming chairman of the >New >>>>>York hedge fund that owns IAP Worldwide Services >>>Inc., >>>>>the company submitted its bid for huge Army >>contracts >>>>>that will be awarded by year-end. >>>>>Mr. Snow's Cerberus Capital Management LP owns Cape >>>>>Canaveral, Fla.-based IAP, which is led by former >>>>>executives from Halliburton's engineering, services >>>>>and construction subsidiary KBR (formerly Kellogg, >>>>>Brown & Root). >>>>>KBR is currently the Army's sole contractor for >>>>>providing food and shelter to the military in Iraq >>>and >>>>>Afghanistan. But the Army now wants multiple >>>>>contractors for these services and KBR is bidding >>>>>again. Some defense analysts are predicting both >KBR >>>>>and IAP, which is run by former KBR executives, >will >>>>>each win one of the 10-year deals that start in >>>2007. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| a top halliburton executive started IAP (dis)services, that is a connetion! | jw | 10:38:59 03/12/07 Mon |
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