Iraq catering to Iran
Iraqi leaders not following US advice on gov't
AP – ** FOR AMS STORY BY LARA JAKES ** FILE - In this Saturday, Jan. 23, 2010 file photo released by the Iraq …
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By LARA JAKES and QASSIM ABDUL-ZAHRA, Associated Press Writers Lara Jakes And Qassim Abdul-zahra, Associated Press Writers – 59 mins ago
BAGHDAD – American influence has so dwindled in Iraq over the last several months that Iraqi lawmakers and political leaders say they no longer follow Washington's advice for forming a government.

Instead, Iraqis are turning to neighboring nations, and especially Iran, for guidance — casting doubt on the future of the American role in this strategic country after a grinding war that killed more than 4,400 U.S. soldiers.

"The Iraqi politicians are not responding to the U.S. like before. We don't pay great attention to them," Shiite lawmaker Sami al-Askari, a close ally of Prime Minister Nouri al-Maliki, said Thursday. "The weak American role has given the region's countries a greater sense of influence on Iraqi affairs."

Vice President Joe Biden, the administration's point man for Iraq, has doggedly lobbied Iraqi leaders, both on the phone and in six trips here over the past two years.

Iraqis, however, measure U.S. influence largely by its military presence, which dipped by threefold from the war's peak to 50,000 troops in late August. As a result, Baghdad is now brushing off U.S. urgings to slow-walk a new government instead of rushing one through that might cater to Iran.

"The Iranian ambassador has a bigger role in Iraq than Biden," said a prominent Kurdish lawmaker, Mahmoud Othman. He said the Americans "will leave Iraq with its problems, thus their influence has become weak."

One problem which could worsen as a result is the sectarian divide — particularly if the secular but Sunni-backed Iraqiya political coalition, which won the most votes in the March election, is left out of a new Shiite-led government led by al-Maliki.

Many Iraqis, particularly minority Sunnis, would view such a government as "blessed by Iran and evidence of America's relative weakness," analyst Michael Knights wrote on the website of The Washington Institute for Near East Policy. This perception could lead to a surge in violence.

Washington, which has its hands full with the war in Afghanistan and the hunt in Pakistan for Osama bin Laden, sees Iraq as "the bane of everyone's existence lately," said one senior administration official who spoke on condition of anonymity because of the sensitivity of the diplomatic issues.

But Iraq cannot afford to ignore completely what Washington wants. For one, that could bring the end of U.S. help and financial backing to broker $13 billion worth of contracts for military equipment.

It also would all but dash any hopes by Baghdad to re-negotiate a security agreement that is set to expire at the end of 2011 — a needed step to keeping some U.S. forces in Iraq to continue training its fledgling air force and protect its borders. A senior Iraqi military official predicted the new government, once it is settled, ultimately will ask U.S. troops to remain beyond next year.

U.S. alliances with Mideast nations to which Baghdad seeks to cozy up also cement American influence in Iraq, said Salman Shaikh, director of the Brookings Doha Center think tank in Doha.

"In that, I think the U.S. is still pretty well positioned in terms of getting its voice heard in Iraq," Shaikh said. But he agreed that the U.S. carries less sway in Baghdad than it used to: "If it was such an easy thing to exert influence, then wouldn't Iraq have had a government by now?"

More than seven months have passed since March 7 parliamentary elections failed to produce clear winners, and Iraqi politicians say they will pick new leaders on their own timetable.

Othman said the lengthy impasse, despite heavy U.S. pressure to form a government that includes all of Iraq's major political players, shows that Baghdad doesn't really care what Washington wants.

"Yes, the Americans have their view on how to form an Iraqi government," Askari agreed. "But it does not apply to the political powers on the ground and it is not effective."

U.S. officials initially encouraged the Iraqis to form a government quickly, but recently started pushing for a slowdown after it became apparent that a party led by anti-American cleric Muqtada al-Sadr was poised to play a major role.

The U.S. clearly hopes to stall the formation of a new government long enough for the deal unravel between al-Maliki and al-Sadr, whose hardline Shiite followers are close to Iran.

But the days of the U.S. calling the shots in Iraq are long over — largely because of President Barack Obama's intent to scale back America's presence more than seven years after the invasion which ousted Saddam Hussein's Sunni-led regime.

That's led Iraqi leaders to reach out to Mideast neighbors for support and advice on brokering a new government. Leaders from rival political coalitions in the last several months have been to Iran, Jordan, Egypt, Syria and Saudi Arabia on official visits. On Thursday, al-Maliki was in Ankara to meet with Turkish Prime Minister Recep Tayyip Erdogan.

It is Iraq's newly warmed alliance with Iran that worries the United States.

In a development that may have assured him a second term, al-Maliki this month won al-Sadr's backing. And this week, top Iranian officials gave al-Maliki their clearest nod of support yet during his trip to Tehran.

"Our concerns about Iran and its meddling in Iraq's affairs are long-standing," State Department spokesman P.J. Crowley told reporters in Washington this week. "But that said, we would expect the Iraqi government to work on behalf of its own citizens and not on behalf of another country."

In Cairo this week, al-Maliki predicted a new government will be formed soon. A senior Iraqi government official said that will happen regardless of whether the U.S. blesses it, though he acknowledged that Baghdad would be weak without American support. The official spoke on condition of anonymity because of the sensitivity of the discussions.

"There is U.S. influence in the political process and forming of the government, but less so than before," said Sunni lawmaker Osama al-Nujaifi. "As they (the Americans) begin to withdraw their military, the Iranians are taking advantage of the empty space, and are ready to fill the vacuum."

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PART 2 Christian Billionaire Philip Anschutz
"In 1984, he bought the small Denver and Rio Grande Western
Railroad. In 1988, he took control of the Southern Pacific Railroad.
In a short time, development of a fiber-optics network along the
railroad right-of-way begun. In 1996, the Southern Pacific was sold to
the Union Pacific Railroad for $5.4 billion. Philip Anshutz retained a
5.4% stake in the combined company. In addition, he retained the
telecomm company and the fiber-optics network it was based on along
the railroad right-of-way. 1997, this company, now called Qwest
Communications, was taken public. As a public company, Anshutz still
owns 84%. His original $55 million investment was then valued at $4.9
billion, earning him the designation recently, by Fortune magazine, as
the "billionaire next door," estimating his worth well over $10
billion, in the fall of 1999. Another interest in recent years has
been the area of sports and real-estate. The Anschutz Corporation has
ownership interests in the Major Soccer League and teams in Chicago
and Denver, as well as the Los Angeles Kings and the Los Angeles
Lakers. The are opening a new area in Los Angeles with related
real-estate developments surrounding the area. Further, Anschutz has
agricultural interests in Colorado, Wyoming and Texas in excess of
335,000 acres. The Anschutz Foundation, a charitable organization,
has, in recent years, begun to make substantial contributions to a
number of worthy causes of interest to the family. compiled from
various public news accounts
http://www.emporia.edu/kbhf/Contemporary/anschutz/anschutzshortbio.htm
l
http://www.qwest.com/about/inside/board_anschutz.html
Philip F. Anschutz Chairman of the Board Philip F. Anschutz has been a
Director and the Chairman of the Board of Qwest since February 1997.
He was a Director and Chairman of the Board of QCC from November 1993
until September 1997. He has been a Director and Chairman of the Board
of Anschutz Company, Qwest's principal stockholder, for more than five
years, and a Director and Chairman of the Board of The Anschutz
Corporation, a wholly owned subsidiary of Anschutz Company, for more
than five years. Since the merger of Southern Pacific Rail Corporation
(. . SPRC. . ) and Union Pacific Corporation (. . UP. . ) in September
1996, Mr. Anschutz has served as Vice-Chairman of UP. Prior to the
merger, Mr. Anschutz was a Director of SPRC from June 1988 to
September 1996 and Non-Executive Chairman of SPRC from 1993 to
September 1996. He also has been a Director of Forest Oil Corporation
since 1995." http://www.barnburners.com/anschultz1.html "Philip
Anschutz, 55, is also the owner of the MLS Colorado Rapids and the
National Hockey League's Los Angeles Kings. His main business is The
Anschutz Corporation, Denver, Colorado. The company's major business
interests are in the fields of natural resources, railroads, real
estate, and communications. Mr. Anschutz is a native of Kansas, having
been born in Russell, and graduated from the University of Kansas with
a degree in business. He started The Anschutz Corporation in 1965. He
is currently serving as chairman of the board of Southern Pacific Rail
Corporation; is on the boards of the American Petroleum Institute,
Washington, D.C.; the National Petroleum Institute Council,
Washington, D.C"
http://www.forbes.com/tool/toolbox/billnew/richmain98.asp?value2=9040
Dirty Dick Cheney and Other Pals of the unelected
Pretender-President Excerpted from text of dick
cheney's speech at the ip ( institute of petroleum) autumn lunch
http://www.petroleum.co.uk/speeches.htm " I understand last year when
Sheikh Yamani spoke that he was rather pessimistic
about the outlook for oil prices and the ability of OPEC to arrive at
a price level and maintain it over time and I'm not sure
that it's fair to come back a year later and second-guess and I
hope a year from now people won't do that to me in terms of the
forecasts I'm going to make, but I do want to talk about the outlook,
certainly from the perspective of Halliburton, how we look at what may
occur here in the future and let me say at the outset that I am
unreasonably optimistic about our industry the Middle East
with two thirds of the world's oil - is still where the prize
ultimately lies. While Halliburton has certainly grown bigger through
its merger with Dresser and other key acquisitions, this made sense
in part because it gave our company both a broader array of services
and also greater depth in products and service"
http://www.washingtoninstitute.org/pubs/cheney.htm
"Secretary Richard Cheney Secretary of Defense of the United States
"The Gulf War: A First Assessment" Soref Symposium April 29, 1991 I
think that the proposition of going to Baghdad is also fallacious. I
think if we were going to remove Saddam Hussein we would have had to
go all the way to Baghdad, we would have to commit a lot of force-
And once we'd done that and we'd gotten rid of Saddam Hussein and his
government, then we'd have had to put another government in its place.
What kind of government? Should it be a Sunni government or Shi'i
government or a Kurdish government"
http://www.conservativenews.org/InDepth/archive/199812/IND19981214d.ht
ml
While we welcome Dick Cheney's apparent change of heart on Iraq
since his insane statement above, we wonder if it is a sincere change
of heart. We certainly hope so, but so far all we have seen out of
Bush II is talk about liberating Iraq. Sadly the actual liberation of
Iraq has not yet begun. Should it begin we would fully support it.
Meanwhile Bush I gangsters continue to stress the need NOT to liberate
Iraq. We think that is the real intention. Bush II will not liberate
Iraq, though he will claim that he wants to. Meanwhile some idiots,
who call themselves Democrats, will stupidly hop onto the Isolationist
Bandwagon started by Bush I gangsters, stressing the need to leave
Hitler wannabe Saddam Hussein in power, so that when the inevitable
NUCLEAR, CHEMICAL AND BIOLOGICAL ATTACKS AGAINST AMERICAN cities come
it will be Democrats who will be blamed for those attacks rather than
the inaction of Bush II or the Isolationist Bandwagon Parade started
by Bush I IraqGate Gangsters.
"Philip F. Anschutz Net Worth $8.8 billion."
http://205.180.59.50/news/state/reports/staplescenter/anschutz.htm
"a worth of $16.5 billion, as Forbes says Anschutz does," "Part of
Anschutz's vision for the growth of Qwest is pure genius. Not only has
he laid the cable on his railroad rights-of-way, he has also laid
miles of open pipe alongside, so that when other communications
companies run out of capacity, Qwest will be ready to serve. At a
steep price, of course."
http://infinity.ccsi.com/~comcause/news/dolead.html
Philip Anschutz a billionaire Denver oilman who serves on Dole's
campaign finance committee, hadn't given heavily to the RNC in recent
years. But in April, after Anschutz and his wife reached their
individual contribution limits for Dole's presidential campaign, his
company, Anschutz Corp., gave the RNC $250,000."
http://publicintegrity.org/buying_updates.html List of top 10
Dole contributors -includes Anschutz
http://www.ccsi.com/~comcause/news/rncdonor.html TWENTY-ONE
WEALTHY SOFT MONEY DONORS GAVE $100,000 OR MORE EACH TO RNC
http://www.unionpacific.com/sharehld/directors.htm
"Union Pacific Directors - Philip F. Anschutz Chairman"
http://www.uprr.com/uprr/ffh/history/sig-indv.shtml
Edward Henry Harriman 1848-1909 Railroad magnate, former president of
the Illinois Central and president of the Union Pacific from
1904-1909. In 1897, Harriman, as part of an investment group., bought
the bankrupt UP for $110 million dollars. Soon he set about improving
the line, spending over $240 million, and creating a railroad
empire.Known for possessing a vision of the new order toward which
railroads were evolving, Harriman embraced gigantic undertakings and
served as a catalyst in changing how railroads were run, specifically
promoting consolidation and acquiring rival companies. One scholar
writes of Harriman, "If they would not sell the colt, Harriman would
buy the mare." "Averell Harriman 1892-1986 Son of E.H. Harriman
chairmanship of Union Pacific (1920-1946)"
http://www.caller.com/2001/march/12/today/contribu/20029.htm
"THE GEORGE W. BUSH MONEY TREE"
http://www.examiner.com/000206/0206bush2.html
(Texas Governor George W. ) "Bush fund-raising at-a-glance" "Several
big givers are counted among "Bush's Pioneers," fund-raisers who have
brought in at least $100,000 for his presidential campaign. Others
have interests before the federal government. The list includes:
Samuel Skinner, former chief of staff for President Bush, $10,000.
http://www.ltvsteel.com/htmfiles/skinner.htm
Re Former President Bush's Chief of Staff "Samuel K. Skinner Director
since 1993. Partner and Co-Chairman of the law firm of Hopkins and
Sutter. Former President and a director of Commonwealth Edison
Company. He was previously Chief of Staff to the President of the
United States. Prior to his White House service, Mr. Skinner served as
U.S. Secretary of Transportation. He is also a director of ANTEC
Corporation, Union Pacific Resources Group Inc., Midwest Express
Holdings, Inc., NAVIGANT Consulting, Inc. and U.S. Freightways Corp.
Member of LTV's Board Affairs and Audit Committees." PLEASE SEE ALSO:
UNION PACIFIC BOARD OF DIRECTORS
http://www.upr.com/investor/97annrep/directors.shtml
http://www.usatoday.com/news/e98/e2415.htm
"Global Crossing battles accounting controversy"
http://groups.yahoo.com/group/BushBusters/message/3121
http://groups.yahoo.com/group/BushBusters/message/4112
Carlyle Group Qwest $7.05 billion dollar deal "SOURCE: The Carlyle
Group Carlyle Group and Welsh, Carson, Anderson and Stowe Purchase
Qwest's Yellow Pages Unit for $7.05 Billion Deal is Largest U.S.
Buyout Since 1989"
http://groups.yahoo.com/group/americansecrets/message/1136
"Published on Monday/Tuesday, May 21-22, 2001 in the Los Angeles Times
First Battle Begins Over Drilling Policy Bush Administration OKs
Billionaire's Montana Oil Well by Geoffrey Mohan May 22 - A federal
land agency on Monday upheld billionaire Philip Anschutz's right to
drill an exploratory oil well in an area of south-central Montana
where Native American tribes want to preserve sacred rock drawings.
The site, called Weatherman Draw, has become an early flash point for
the Bush-Cheney energy plan, which aims to ease access for oil and
natural gas exploration on public lands. Environmental groups,
preservationists and 10 tribes had appealed a Bureau of Land
Management decision to allow drilling by a company owned by Anschutz,
a major contributor to Republican Party causes who owns the Los
Angeles Kings and who has stakes in the Los Angeles Lakers and Staples
Center." http://www.commondreams.org/headlines01/0522-02.htm
"Apama raises $10m for sales drive APAMA, one of the company's short
listed for the forthcoming Cambridge Evening News Business Excellence
Awards, has raised $10 million (£7.14 million). This is third round
funding for the Cambridge University spin-out run by Dr John Bates.
Apama, based off Clifton Road, Cambridge, has found a way to replace
traditional data storage by keeping everything in "real time". The
company initially demonstrated its technology by applying it to a
computer dating service which would be capable of alerting people to
potential matches when both were in the same place, and therefore able
to meet straightaway. The reality might have brought a few slapped
faces, but the example got the message across, indicating huge
potential in the business world for managing data. The latest funding
comes from Carlyle Group, acting as lead investor, and from existing
Apama investors, Anschutz Investments and Providence."
http://www.cambridge-news.co.uk/archives/2002/03/05/business.html
"Capital For Trellis Columbia-based Trellis Photonics has moved closer
to building a manufacturing plant with the promise of $25 million in
venture capital. The lead investment comes from Carlyle Internet
Partners Europe, part of the Washington-based Carlyle Group. Other
investors are Agilent Technologies, Anschutz Investment Co. and Enron
Broadband Services, a subsidiary of Enron Corp."
http://www.bizmonthly.com/11_2000/page4.html
"Yozma Portfolio Company, Trellis Photonics, Secures a $25 Million
Round Thursday, October 26, 2000 Trellis Photonics, of which Yozma is
the single largest shareholder (with about 13% stake), has concluded
an investment round at a triple-digit valuation. Participants in this
round included industry leaders such as Agilent (NASDAQ: A), Enron
(NASDAQ: ENE), the Washington DC-based Carlyle Group and Anschutz
Investment Company."
http://www.yozma.com/news/detailed.asp?item_id=5
"Philip Anschutz, 6th richest man in the U.S. ,may own your favorite
theater. The billionaire investor/raider has bought these 3 chains:
United Artists Theater, 1,604 screens, Edwards Theatres Circuit Inc,
708 screens, and Regal Cinemas, the nation's largest chain with 4,361
screens. Is this a case of a man who loves every aspect of the cinema?
"Anschutz's financial advisers tell Newsweek that he is buying
theaters merely as an investment." And I was worried he'd be a
heartless corporate overlord! (Newsweek)"
http://musea.digitalchainsaw.com/99hardnews.html
"Questionable AOL Revenue Has WorldCom Link Thursday Aug 22,2002 NEW
YORK-The biggest chunk of $49 million in questionable ad revenue under
investigation at AOL Time Warner Inc. (NYSE: AOL - News) involves
money that was inappropriately booked from WorldCom Inc. , people
familiar with the investigation told The Wall Street Journal. The
money stemmed from the particularly close relationship America Online
and WorldCom developed during the past few years, in which AOL became
WorldCom's biggest customer, paying the telecommunications firm at
least $900 million a year to carry the bulk of its Internet traffic.
Most recently, in July 2001, the two companies struck a massive deal
in which WorldCom agreed to buy more than $ 200 million in advertising
across AOL properties in exchange for AOL continuing to keep its
network traffic on WorldCom's network. People close to the situation
said the latest deal was negotiated in part by David Colburn, a top
AOL deal maker who was ousted two weeks ago, and Scott Sullivan,
WorldCom's former chief financial officer, who has been charged with
securities fraud after the company, now in bankruptcy-court
proceedings, found a total of $7.2 billion in improper accounting. The
pact is likely to bring greater scrutiny of the close, but often
contentious, relationship between the companies. The Securities and
Exchange Commission ( news - web sites) has issued subpoenas to AOL
seeking a variety of documents, including transactions in which Mr.
Colburn was involved. The SEC probe of AOL is wide- ranging, and
investigators are expected to look at a range of subjects, including
sales of stock by company executives. AOL said it learned of the
questions about the accounting on the $49 million of revenue the week
beginning Aug. 5. The Washington Post (NYSE: WPO - News) reported
Thursday that a portion of the $49 million was related to WorldCom.
Wall Street Journal Staff Reporters Laurie P. Cohen, Jared Sandberg,
Martin Peers Deborah Solomon and Julia Angwin contributed to this
report."
http://story.news.yahoo.com/news?tmpl=story and
u=/dowjones/20020823/bs_dowjones/200208222353000958
"Officials Probe AOL's Actions With Partners Monday Aug 26, 2002, By
Julia Angwin and Martin Peers, Staff Reporters of The Wall Street
Journal Earlier this month, AOL said in an SEC filing it may have
inappropriately recognized as advertising revenue $49 million from
three transactions. At least one of these transactions was a
round-trip deal with WorldCom Inc., which counted AOL as one of its
biggest customers." http://story.news.yahoo.com/news?tmpl=story and
u=/dowjones/20020826/bs_dowjones/200208260106000021
"Bernie Ebbers, who resigned under fire in April as WorldCom chief
executive officer. "Ebbers, 61, has been subpoenaed. In Brookhaven,
Mississippi, Ebbers lives, attends church and teaches Sunday
school.-Standing in the shade of Brookhaven's post office, Stan Hay,
who works in grocery distribution, said he has sat among Ebbers's
students in Easthaven Baptist Church's Sunday school classes. "We all
know Bernie," Hay said. "To me, he always was a good Christian man.
Brookhaven Mayor W.W. 'Bill' Godbold said Ebbers has done much for his
community, buying property, investing in businesses, donating to his
church."
http://www.gomemphis.com/mca/business/article/0,1426,MCA_440_1249685,0
0.html
"CORRECTED: Ebbers Allocated 869,000 Shares in IPOs by Salomon Smith
Barney Tuesday Aug 27, 2002 By Mark Wigfield Dow Jones Newswires
WASHINGTON-Former WorldCom Inc. Chief Executive Bernard J. Ebbers
received thousands of shares of valuable initial public offerings of
stock from Salomon Smith Barney, the financial-services unit of
Citigroup Inc. (NYSE: C - News) known as a WorldCom booster. The
lucrative opportunity to buy thousands of shares of stock in an IPO
before prices rose was also extended to the company's former chief
financial officer, Scott Sullivan. He has been indicted on charges of
fraud and conspiracy for his role masking losses at WorldCom and
deceiving investors. The disclosures were made by the House Financial
Services Committee, which held hearings on the WorldCom accounting
scandal last month."
http://story.news.yahoo.com/news?tmpl=story and
u=/dowjones/20020827/bs_dowjones/200208271829000703
"Ex-WorldCom's Execs Got Big IPO Shares Wednesday Aug 28,2002 By
Jeremy Pelofsky WASHINGTON (Reuters) - Former top WorldCom Inc.
executives bought hundreds of thousands of shares in many initial
public offerings, including rival telecom players' offerings, thanks
to Salomon Smith Barney and its predecessor companies, records
released on Tuesday showed. Those who purchased shares included former
Chief Executive Officer Bernard Ebbers, former Chief Financial Officer
Scott Sullivan, current WorldCom Chairman Bert Roberts, and current
board director Stiles Kellett, among others, according to documents
released by the U.S. House Financial Services Committee. "It's hard to
avoid the conclusion that IPOs were offered in order to leverage
investment banking business," said committee spokeswoman Peggy
Peterson. "There are large policy questions here about IPO allocations
and I think our members are going to be very interested in this
issue." They received shares in offerings ranging from now-bankrupt
Rhythms NetConnections, Williams Communications Group and rival
long-distance telephone carrier Qwest Communications International
Inc. to other industries like United Parcel Service and Kraft Foods,
the records show. Ebbers was the biggest recipient, getting some
869,000 shares for about $17 million in 21 IPOs, between June 1996 and
August 2000, including 205,000 shares of Qwest, the records show.
Ebbers was ousted as chairman of WorldCom in April as a result of
pressure from the company's huge debt, as well as, over the some $400
million in personal loans that the company made to him. The company's
former CFO, Scott Sullivan, and his wife Carla bought 32,300 shares in
nine IPOs for $680,350 from April 1996 to March 2002, according to the
documents. He was fired on June 25 for his role in the accounting
scandal. The shares bought included 7,000 of Rhythms, 2,000 of Kraft,
and 10,000 of Williams Communications. Ebbers also bought shares in
several firms that are now bankrupt, including KPNQwest, Teligent, and
Metromedia Fiber Net as well as in other companies like UPS, Juno
Online Services Inc. and TyCom Inc. "
http://story.news.yahoo.com/news?tmpl=story and
u=/nm/20020828/bs_nm/worldcom_salomon_dc_1
"Ebbers' IPO share allocations probed Tuesday August 27, 2002, By Gary
Silverman, Joshua Chaffin and Peter Thal Larsen in New York
Citigroup's Salomon Smith Barney investment bank and a predecessor
firm awarded more than 850,000 shares in initial public offerings to
Bernie Ebbers, former WorldCom chief executive, a Congressional
committee revealed on Tuesday. Mr Ebbers received 869,000 shares from
Salomon. Scott Sullivan, former chief financial officer of WorldCom,
received 32,300 shares. Mr Sullivan was arrested last month on
securities fraud charges in connection with the $3.8bn accounting
fraud that the company admitted to in June. Stiles Kellett, a WorldCom
director, got 31,550 shares from Salomon. As head of the compensation
committee, Mr Kellett approved more than $350m in personal loans that
the company extended to Mr Ebbers. Ms Peterson said investigators were
particularly interested in the timing of the awards. She said the
committee was trying to find out whether Salomon awarded shares to
investors like Mr Ebbers at IPO prices after they had risen in the
market. The lack of information about of the timing awards, she said,
raises the question about "whether or not there was spinning." A
Salomon Smith Barney http://www.salomonsmithbarney.com/ note:
"Salomon Smith Barney is a subsidiary of Citigroup" source:
http://www.salomonsmithbarney.com/about_us/
to return to article being quoted: " A Salomon Smith Barney
spokeswoman said: "We are confident that we have been fully responsive
to their request, and we will continue to cooperate." The company has
maintained its IPO allocations fell within legal guidelines. It was
understood Salomon was going to provide the committee with sales
prices that would enable it to make a calculation of Mr Ebbers'
profits. IPOs of Rhythms Net Connections and JUNO. Salomon's records
show Mr Ebbers only received 10,000 shares in both cases. The memos
also showed expressions of interest in IPOs from other telecom
executives including Phil Anschutz of Anschutz Group,"
(note, not part of article being quoted but please see also:
TECHNOLOGY; Qwest Officials Made Millions In Stock Sales (The New
York Times Archive) In addition, Philip F. Anschutz, a member of
Qwest's board and the company's largest shareholder- Jul 29 2002
Walter Scott of Level Three, Clark McLeod of McLeod USA, Joe Nacchio
of Qwest Communications and Roy Wilkens of Williams Company. The bulk
of the awards to Mr Ebbers - 748,000 shares - were made in an 18-month
period before Salomon Brothers was sold to Travelers and combined with
Smith Barney. The next year, Travelers merged with Citicorp to form
Citigroup. In one case, involving McLeod's IPO in June 1996, Salomon
awarded two-thirds of its retail allocation to Mr Ebbers - 200,000
shares valued at $20m. Mr Ebbers also received 200,000 shares of
Nextlink Communication, or 10.52 per cent of Salomon's retail
allotment, and 205,000 shares in Qwest, of 12.42 per cent of the
entire Salomon allocation."
http://biz.yahoo.com/ft/020827/1028186073595_1.html
FROM: http://groups.yahoo.com/group/BushBusters/message/4112
"Harriman was beaten but his ambition was overwhelming as Judge Lovett
http://www.tsha.utexas.edu/handbook/online/articles/print/BB/jyb1.html
http://www.employees.org/~davison/nprha/tteusra2.html
said of him later 'when he started upon a course nobody could swerve
him from it'. Obviously he could not do it directly; so he decided to
do it indirectly, by buying the Northern Pacific, Morgan's and Hill's
own road right out from under their very noses. He would do this not
by arrangement with the board of directors, or by private negotiation
with the large holders of stock, but in the open
market on the New York Stock Exchange. It is said that this project
was proposed to Harriman by John W. Sterling,
http://www.library.yale.edu/renovaxn/history.html the eccentric and
secretive corporation lawyer who was the constant intimate of James
Stillman, whose National City Bank could draw upon the vast hoards of
the Standard Oil men."For more on Stillman please read: The Portrait
of a Banker, James Stillman / by Anna R. Burr ISBN: 0405069502 Ayer
Company Publishers, Incorporated 08/01/1975 Please see also
http://www.scottwinslow.com/Live/w100/w61-80.htm
"(Citibank - opened Sept. 14, 1812), Anna Robeson Burr (1927). The
Portrait of a Banker: James Stillman,1850-1918. (New York, NY:
Duffield and Company, 370 p.). Stillman,James, 1850-1918. First
Citibank chairman in 1909. (Citibank), John K. Winkler
(1934). The First Billion; The Stillmans and the National City Bank.
(New York, NY: The Vanguard Press, 277 p.). Stillman, James,
1850-1918; Stillman, James Alexander, 1873-1944; First National City
Bank of New York." http://www.kipnotes.com/Banking.htm
"Founded in 1812 by Samuel Osgood, the first commissioner of the U.S.
Treasury, the City Bank of New York began by serving merchants and
became a pioneer in overseas expansion in the early 1900s. More
recently, Citibank became the first commercial bank to make personal
loans, provide high-interest, specified-term CDs, and introduce ATMs
on a large scale. It is also the world's largest
issuer of credit cards. Be it a Harvard graduate in New York or a
bicycle-riding salesman in Malaysia who greets you on behalf of
Citibank, the message is the same: the customer comes first.
Citibank, owned by Citicorp, is legendary for using technology to
make life easier for customers. In April 1998,
Citicorp and insurance giant Travelers Group announced a plan for the
largest merger ever. The new entity was named called Citigroup.
Citibank/Citigroup 399 Park Ave. New York, NY 10043 Phone:
800-285-3000 Fax: 212-793-3946 Website: www.citibank.com Ticker
Symbol: C " http://careers.yahoo.com/s/wetfeet/v55.html
"Harriman was now working hand in glove with Stillman and the Standard
Oil millionaires. Morgan had to give places on the Northern Pacific
board to Harriman and to his ally William Rockefeller
http://www.bartleby.com/65/ro/RockefelW.html and Harriman also got a
place on the Burlington board. Both groups were thus given
representation; 'community of interest' was thus achieved - at what
cost!" Whatever the story may have been above, did x, y or z buy up
who knows how many companies dirt cheap on those days in May, the
'community of interest' is certainly in existence today.
J. P. Morgan Chase Defends Its Enron Role By REUTERS
http://www.nytimes.com/2002/07/25/business/25BANK.html Thursday, July
25, 2002 J. P. Morgan Chase defended itself yesterday
against Congressional allegations that it had helped Enron hide huge
debts, and its statement helped prop up the company's share price as
well as the stock market. "My belief is that we acted properly and
with integrity in all the Enron matters," J.P. Morgan and Chase are
now one. "Over the course of a company's history, few events truly
are pivotal. This company witnessed just such an event in 2000, when
J.P. Morgan and Chase Manhattan merged. The new
company, J.P. Morgan Chase and Co.
http://www.jpmorganchase.com/chase/gx.cgi/Applogic%2bFTContentServer?p
agename=Chase/Hrefandurlname=jpmchase
http://www.konformist.com/2000/chase.htm "Chase Manhattan Banks'
Right-wing Relationship" Daily Deal - Koram deal to be
Carlyle's biggest investment ... Logo. The $410 million that Carlyle
and Morgan have agreed to pump into KorAm depositary receipts follows
a $40 million investment the pair completed on June 30
http://www.thedailydeal.com/topstories/A28290-2000Sep7.html
Asia Times Online official said Saturday that KorAm recently asked for
government approval for JP Morgan and Carlyle forming a consortium to
buy 35 percent of the bank"
http://www.atimes.com/bizasia/BF13Aa01.html
http://groups.yahoo.com/group/BushBusters/message/4112
please see also Dubya and the MCIWorldKamikazes
"July 22, 2002 Bankruptcy at WorldCom Is the Largest in U.S.
History"
http://groups.yahoo.com/group/americansecrets/message/1078
"Like Powell, Rockefeller is part of the Imperial Family that includes
Bush, Cheney and Gerald Ford, and Pat Robertson and Walt Disney, and
that goes back to Charlemagne, and William the Conqueror, if not
further, probably a lot further if history is any guide. "a Web search
turned up the site of the London-based Burke's Peerage
(www.burkestitles.com), I knew I could stop looking. The company no
longer puts out the authoritative Burke's Peerage and Baronetage,
which it sold off in the 1970s, but it compiles a number of
genealogical volumes, and its publishing director, Harold Brooks-Baker
(an American-and as yet a commoner), is the world's most quoted
expert on royalty and aristocracy. It was Brooks-Baker who revealed
that Colin Powell is related to the late Princess Diana. "Descents
from Edward I [descendant of Henry III] James Madison, US President
William Henry Harrison, US President (Benjamin Harrison, US President
Grover Cleveland, US President Gerald Ford, US President George Bush,
George W. Bush, General Colin Powell."
http://www.theatlantic.com/issues/2001/02/rocca.htm
http://groups.yahoo.com/group/BushBusters/message/2045
END PART TWO
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