Word: crossinger
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GLOBAL CROSSING The telecom's shareholder value is down $39 billion since December 1999
[INSIDER STOCK SELLING] [Thoroughly rotten] From 1999 to last November, Global Crossing executives sold more than $1.3 billion of company stock, with Winnick cashing in some $735 million worth
[TAX AVOIDANCE] [Strong stench] Global Crossing is run primarily out of its office in Beverly Hills, Calif., but the company is incorporated in Bermuda to avoid U.S. corporate tax on overseas income
[BOARD INDEPENDENCE] [Strong stench] Half the current board members are present or former Global Crossing executives. The board has an unusually high turnover rate: 10 directors quit last year alone
Perhaps what American lay Catholics need to say more clearly is that the aim of our desire to change the church is not to undermine but to save it. We love our faith--just look at how few Catholics have abandoned the church in this current crisis. We love our...