Global Crossing Ltd. founder Gary Winnick will be absolved by federal regulators for his role at the company that made him one of the richest men in Los Angeles” and one of the most vilified hunted executives in corporate America.

SEC Chairman William H. Donaldson joined two fellow commissioners in overruling the agency’s staff and deciding not to charge Winnick.

Winnick chose the Sergeant Schultz defense, “I know nothing.” Better to appear ignorant than culpable, eh, as this reduces the possibility of lawsuits. Winnick walks away with hundreds of millions while the former employees had their pensions and retirements destroyed. This is justice?

(See Global Crossing's Winnick Resigns).

$PECIAL REWARD$ FOR THESE COP$

OUTSIDE IT'S AMERICA

"what would be the capacity of law enforcement and of the courts to SUPRESS this kind of SPEECH?" -Judge A. Howard Matz, PRE-TRIAL HEARING OF KILLERCOP.COM

A QUESTION FOR AMERICA:

Is "pretty good" pretty much like "pretty clear?" Because I'm "pretty sure" it is not. I know, it's complex. (.pdf) But then again, I'm officially nutzzzzzz, until certified (.pdf) un-nutzzzzzz, in a competent court of the law. So I am waiting on the law. It sure is not speedy...

I'm no expert. Anyone seen an expert yet?(.pdf) Maybe the Goblin ate him!! He has our certificate required by the law and I need it to be officially un-nutzzzzzz. But tell him to hurry, 'cause I am about to get legally crazy again, on account of it. But it's a secret.

Here is the rule of law: Wherever Law ends, Tyranny begins. And that's a fact! Why? CauseIsaySo!! You are not entitled to anymore information, 'cause ya got no right to it. Git it? I bet you will soon enough. I'm all a Twitter waiting to see your reaction, to my reaction, to your Treatment. You'll just die when you see what I have in store for everyone in 2010.

Now move along folks, nothing more to see. Make like a Quack and disappear like Dr. Who.

Winnick Walks

December 31, 2002 |

 

Nearly a year after Global Crossing Holdings Ltd.’s collapse, the bankrupt carrier’s controversial founder and chairman, Gary Winnick, has resigned (see Global Crossing's Winnick Resigns).

Winnick is the latest in a line of top telecom executives who've left their posts as their embattled companies struggle to distance themselves from the high-flying days of the telecom boom (see Akerson Exits XO, Is Capellas Right for WorldCom?, Qwest Purge Continues, and AT&T 's Armstrong Era Ending ).

“Winnick leaving was what had to happen,” says Jeff Kagan, an independent analyst based in Georgia. “Global Crossing went from being the poster child for the Internet boom to being the poster child for scandal and fraud.

Winnick was among those execs who amassed huge fortunes despite the industry's downturn. Overall, he cashed in more than $500 million on Global Crossing stock (see 2002 Top Ten: Fat Cats).

The board expects to elect independent directors Jeremiah D. Lambert and Myron E. Ullman, III, as co-chairmen of the board of directors, replacing Winnick and effective today

Winnick’s exit comes less than a week after the U.S. Department of Justice concluded that it does not have enough evidence to charge Global Crossing or its former chairman with fraud in connection with his stock sales and the carrier’s bankruptcy filing (see Winnick Subpoenaed).

“The collapse of the telecommunications industry… has taken a terrible toll on employees and investors alike, with an unprecedented loss of billions in investments and tens of thousands of jobs,” Winnick acknowledged in his letter to the Global Crossing Board yesterday.

“I deeply regret that so many good people involved with Global Crossing also suffered significant financial loss.”

“It’s a changing of the guard. Anyone who was associated with the chaos of the last year over there is going to be a constant reminder… You have to get rid of the distractions.”

Seriously.

Contempt Of Cop

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Contempt of Cop' by William Norman Grigg - The police are to the government as the edge is to the knife, insists sociologist David Bayley, who apparently couldn't explain why the typical...

Expert Officer displayed 'contempt of cop' reaction Internal Affairs

Contempt Of Cop II

CAMERA IS THE NEW SPEAK FOR GUN IN THE WILD, WILD WEST! - It's more about 'contempt of cop' than the violation of the wiretapping law.

Welcome to America Now step inside the jail cell - The audio exchange in this video was apparently recorded at the U.S. Canada border after a Canadian displayed contempt-of-cop towards the American law enforcement officer asking questions.

Contemptible police tactics - Cops raid the home of a licensed medical marijuanna provider in Washington, handcuff the fourteen year old son and put a gun to his head, and search the nineteen year old daughter and take the contents of her mickey-mouse wallet.

How To Survive Traffic Stops in America Submit, Instantly! - What the cops want is immediate obedience. Many cops are ex-military and view the civilian motorists of America about like they viewed the hapless peasants of Iraq and Afghanistan that is, with contempt, not as fellow citizens deserving of civility and respect. It is a possibly lethal mistake to do anything other than submit, instantly and obey!

My radio interview with Katherine Albrecht - Carlos Miller Photography is Not a Crime is interviewed by Katherine Albrecht, activist, radio host and privacy advocate, Tuesday afternoon where they discussed his blog, his arrests, the situation in the United Kingdom and the spread of contempt of cop cases that are popping up on the internet on a regular basis.

The Trial of Judge A. Howard Matz.

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