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Despite missing part of his sophomore season with a broken foot, Martin entered this season with 1,246 career points, trailing only the Earl brothers and Allen on Shawnee’s all-time scoring list. Last year, he broke the elder Earl’s school record for points in a game when he exploded...
...worth about $14 million. At a recent White House reception, President George W. Bush spotted Global Crossing boss Gary Winnick in the crowd. Winnick has told friends that the President turned to the First Lady and said, "That's the guy who gave my father the stock." The elder Bush won't say whether or when he sold all or part of the stock, whose shares today are virtually worthless...
Bush and Winnick claim that they don't recall exactly what was said at the reception. But there is no forgetting the coziness of Global Crossing's co-chairman, Lodwrick Cook, with the Bush family. A director of the elder Bush's presidential library, Cook gave the G.O.P. $325,000 during George W.'s 2000 race and has expanded his ties to Bush's Administration. Sources tell TIME that Cook met with Commerce Secretary Don Evans last June and brought up a bitter legacy of the Clinton years--the $7.2 million fee Global Crossing had to pay for running...
Democratic Party chairman McAuliffe says his profits from Global Crossing stock were just the fruit of investing $100,000, although, like the elder Bush, he was allowed to acquire stock before the company went public in 1998. Small investors--as well as employees and creditors--caught in the firm's financial woes can only envy McAuliffe's sense of timing and that of Winnick and Cook, who together sold Global Crossing stock worth about $750 million over the past 3 1/2 years. The co-chairmen are very different. Cook is a graceful blueblood; Winnick is a colorful native...
...Chen Xitong, whom Deng had installed, on corruption charges. Then, two years ago, Jiang quelled a corruption investigation when it threatened to implicate his own Beijing party chief. Neither Jiang nor his family members have been linked to corruption cases, but his sons have such extensive business ties?the elder, Mianheng, is the kingpin of Shanghai's telecom industry?that they would be vulnerable targets for trumped-up charges without their father's protection...