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133724 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-07-07 05:21 PM
Original message
Rotten Rudy did it....
Giuliani Firms Had Potential Conflict of Interest

A pair of companies owned by Rudy Giuliani represented both a debtor and a creditor in a recently concluded bankruptcy proceeding, a potential conflict of interest that wasn't disclosed to the federal judge overseeing the case, records show. The matter could heighten pressures on Mr. Giuliani's presidential campaign to be more forthcoming about the candidate's stable of businesses, their clients and the services they provide.

In September 2005, a subsidiary of closely held Giuliani Partners LLC signed a consulting agreement with Delta Air Lines Inc. to provide restructuring advice during the carrier's bankruptcy reorganization, drawing more than $5 million in fees for the service. Then, in January 2006, a separate Giuliani Partners division -- Giuliani Security & Safety -- signed a $2 million consulting deal with Command Security Corp., a tiny provider of security-guard services that had been left with $1 million in unpaid bills when Delta and Northwest Airlines Corp. filed for bankruptcy-court protection in September 2005.

<snip>

Under federal bankruptcy law, Giuliani Partners and Giuliani Capital Advisors were required to fill out a form stating any "connections with Interested Parties" -- which would include work being performed simultaneously for a creditor and the debtor in the case. The company was required to file such an affidavit in court, and update it periodically as the Delta case unfolded. The company never disclosed to the court its security division's ties to Command Security.

http://online.wsj.com/public/article/SB117850248912794086-vxMpHHx7pBifLO3tP6Q_gru9lGw_20080506.html?mod=blogs

see also

http://www.huffingtonpost.com/2007/05/07/giulianiowned-firms-repr_n_47828.html





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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-07-07 05:44 PM
Response to Original message
1. Kiss your presidental campaign Buh-bye, Rudy.
You've just proved you're either too crooked or too dumb for the job.

:headbang:
rocknation
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-07-07 05:58 PM
Response to Reply #1
2. The true die-hard republics will think he's a fantastic businessman who
is being harrassed. I mean, playing both ends against the middle and charging both of them. That's a republican wet dream.
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Gabi Hayes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-07-07 05:59 PM
Response to Reply #1
3. I wish you were right, but I just finished watching David Shuster, Eugene Robinson, and Mort
Zuckerman talk about Giuliani, with ER and MZ INSISTing that his 911 cachet would counter ALL negative news about him, including the phones that didn't allow Firemen and Police to communicate (Robinson just brushed that aside: people don't CARE whether the phones worked!), and Zuckerman was even worse in his slobbering, unctuous praise of St. Rudy's fabulous post-911 leadership. They both agreed that the public has no idea what he was like before the attack, and cares ONLY what they've been spoonfed since then (they didn't use that term, because THEY're the ones who've done the spoonfeeding)

Also, a constant scroll beneath screamed "Will Giuliani's private life kill his campaign," or something very close to that. Shuster didn't bring up anything regarding the myriad other subjects that are much more pertinent WRT RG's blatant unfitness for office, choosing to follow the M$M narrative of mentioning ONLY his private life

Very disappointed in what I saw of Shuster's performance today; to be fair, I didn't see it from the beginning, so something may have been mentioned regarding his corruption, lack of judgment, corruption, conflicts of interest, corruption, mendacity, corruption, flipflopping, corruption, etc., but from what I saw, I'd be surprised.
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Berry Cool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-07-07 06:40 PM
Response to Original message
4. RUDY??? Conflict of INTEREST????
Never!!!!

Keith Olbermann, anchoring a Republican debate? Yes, says Rudy, THAT's conflict of interest. But me? You must be joking!!!!
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