Edwards Campaign Living in Leo Hindery's Corporate Glass House?


EDWARDS CAMPAIGN LIVING IN LEO HINDERY'S CORPORATE GLASS HOUSE?

EDWARDS CAMPAIGN LIVING IN LEO HINDERY'S CORPORATE GLASS HOUSE?
[SOURCE: Huffington Post, AUTHOR: Barry Orton]
[Commentary] A look at John Edwards advisor Leo Hindrey, Jr. He's the former head of scandal-ridden Global Crossing, who walked away from that stockholders' disaster with $250 million? Leo Hindery, who as George Steinbrenner's head of the YES cable channel, squeezed Yankee fans out of every last dollar to watch their games? Leo Hindery, who as head of cable television giant TCI, then arguably the country's worst cable operator, managed to con AT&T into buying the company at a premium price? That Leo Hindery? And after the sale, in a coup of tremendous chutzpah, Hindery then talked AT&T into making him head of the new company. The new AT&T Broadband then made TCI look like a public service enterprise as it screwed customers, employees, and its corporate parent, lost billions, and debased parent AT&T to the point that SBC was able to buy the remaining corporate shell for a song. On the political side, Hindery has been funneling money to centrist Democrats for years, but earned a place on many activists' permanent shitlist by being a key funder of the Osama Bin Ladin ads placed on behalf of Dick Gephart that helped sink Howard Dean in Iowa in 2004. While Hindery has already maxed his contributions to the Obama, Clinton, and Edwards campaigns, Edwards has been a frequent flier on Hindery's corporate jet, reimbursing over $15,000 to Hindery's Intermedia Partners for charter service at the first class ticket rate. Besides his deep pockets, Hindery's other campaign role has been to assuage the corporate community that John Edwards, despite his rhetoric, isn't really so hostile to them. But considering his track record, is Leo Hindery's economic advice any more useful than his standard operating procedure of "buy low, pump it full of 'stardust,' and then dump it?" Can't the Edwards campaign do any better than this?
http://www.huffingtonpost.com/barry-orton/edwards-campaign-living-i_b_80...

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