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Global Crossing sale finally agreed

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DoYouEverWonder Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-03 08:02 AM
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Global Crossing sale finally agreed
http://news.bbc.co.uk/2/hi/business/3176630.stm

Singapore Technologies Telemedia (STT) has at last won approval to buy bankrupt telecoms group Global Crossing, closing a deal that was beset by opposition from lobbyists in the US.

The Federal Communications Commission, finally gave its backing to the deal, ending speculation that US security services might ask for it to be torpedoed.

There had been concern over selling Global Crossing to a foreign bidder, since the firm runs the country's biggest fibre-optic communications network.

<snip>

The FBI, CIA and the Pentagon had objected to the STT sale, arguing that the firm was too close to the Singaporean Government.

<snip>

And security objections were undermined last month, when President George W Bush indicated that he had no problem with an STT takeover.


So W and Perle have again screwed the USA. This is just another example of the treasonist acts they commit on a daily basis. Richard Perle brokered this agreement. I am sure he has made a hefty profit in the process. In the meantime, the Chinese government will have easy access to everything that goes over our fiber optic network. This is like giving the thief the combination to the vault. This is beyond a high crime or misdeamenor.



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