yesterday, i blogged a story about the tangled web of interrelated deals among the Friends of Gary (Winnick). funnily enough the Washington Post carried a story that featured a lot of the same names. apparently, the SEC's taking a close look at whether Global Crossing deliberately inflated revenue reports while its executives sold $480 million in stock. David Lee and Barry Porter (who have figured in a subsequent Gary Winnick deal involving PrimeCo Wireless) managed to unburden themselves of around $40 million-worth each.
granted, this is chicken-feed compared to Gary himself, who netted $280 million in the same period. (via GMSV)
