[link|http://www.washtimes.com/national/20020129-95428706.htm|Well, it's certainly no Whitewater.]

Excerpt:

The chairman of the Democratic National Committee in the late 1990s cashed in $18 million worth of stock in a company that yesterday declared bankruptcy after a month of its stock being traded at Enron levels.
Terry McAuliffe made the profits off an initial $100,000 investment in Global Crossing, an owner and operator of undersea fiber-optic cables.
The Bermuda-based company yesterday made the fourth-largest filing for Chapter 11 bankruptcy protection in history, with its stock selling at 51 cents a share, down from a peak of $61.
According to profiles of Mr. McAuliffe in Worth magazine and the New York Times, Los Angeles businessman and Democratic donor Gary Winnick gave Mr. McAuliffe in 1997 the early opportunity to invest $100,000 in Mr. Winnick's new company, Global Crossing.
The stock grew in value to $18 million during the dot-com bubble of the late 1990s, and Mr. McAuliffe cashed in his stock.
"Two years later, McAuliffe arranged for Winnick to play golf with President Clinton, and Winnick then gave a million dollars to help build Clinton's presidential library," writes reporter Richard Blow in the January-February issue of Worth magazine.
In the Dec. 12, 1999, New York Times profile, Jeff Gerth reported that Mr. McAuliffe "made millions more trading Global's stock and options after it went public last year."
Now, Global Crossing shareholders are left with worthless stock.

I say:

Here's your zero sum game, Ash. And look who's playing it. Somehow I don't think this is why they hate us, though. Except maybe bin Laden himself. That spoiled rich kid may have lost billions in bad stock plays, for all we know.

But hey, if it weren't for our (and Britain's) oil wells and exploration, he wouldn't have been rich in the first place. And that was definitely *not* a zero sum game. That oil didn't pump itself.