Is EBITDA a proxy for Cash Flow? Leo Hindery: “We’re the kings and the queens of EBITDA, we’re all about cash flow, pre-tax cash flow, and we try not to pay taxes. And I don’t view that as anything but positive.” Cash flow is measured by the cash flow statement. Cash flow has a multitude […]
Excerpts: former Global Crossing CEO Leo Hindery (August 07, 2001) Southwick: And did you have the advantage of being under the TCI umbrella in terms of programming deals… Hindery: Right. Southwick: And hardware deals as well? Hindery: Yes, we were a full affiliate of TCI. John, bless his heart, you know, how many of us
Excerpts: “Hindery: Global Crossing Stiffed Me on Rent, Pay” Leo Hindery says he still has a gripe with his old company, Global Crossing – that it owes him rent for his Waldorf-Astoria apartment and a year’s back pay. Hindery headed the telecommunications company for two years, up to its peak in 2000 and left before
Excerpt: GT Group Telecom’s Form F-1. Leo J. Hindery, Jr. Mr. Hindery has been a director since March 23, 2000. Mr. Hindery is currently chairman and chief executive officer of GlobalCenter Inc., the Internet commerce services subsidiary of Global Crossing (from March 2000 until October 2000, he was also, on an interim basis, chief executive
Excerpts: “Daschle pushed Hindery for Obama job.” Tom Daschle backed the patron who paid him a million-dollar salary and supplied him with a free car and driver for a job inside the Obama administration, two Democrats said Monday. Democratic senators on Monday opened up a new line of defense for Daschle, saying his back-tax problems
Excerpts: John Edwards Scoops Up Leo Hindery This is interesting news. John Edwards has appointed cables sports industry giant Leo Hindery to serve as Senior Economic Advisor on his campaign. Hindery’s book It Takes a CEO: It’s Time to Lead with Integrity and his interesting recent report on the American economy under the auspices of
Excerpt: Paul Hastings Expands Corporate Practice With Addition of Partner Gregg Vignos Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, is pleased to announce today that Gregg Vignos, previously at Pillsbury Winthrop, has joined the Paul Hastings Corporate Department, resident in the San Francisco office. Source: Paul Hastings
Excerpts: Stacking the Deck Leo Hindery’s place at the centre of America’s cable and telecom industry over the past two decades has been obscured by men whose lives are really spent in the headlines—Rupert Murdoch, John Malone or AT&T’s Michael Armstrong. But this has given Mr. Hindery something that every author craves, an inside view
Excerpts: Global Crossing Form 10-K, filed on February 04, 2001 2.12 Agreement and Plan of Merger among Exodus Communications, Inc., Einstein Acquisition Corp., Global Crossing GlobalCenter Holdings, Inc., GlobalCenter Holding Co., GlobalCenter Inc., and Global Crossing North America, Inc., dated as of September 28, 2000 (incorporated by reference to the Registrant’s Current Report on Form
Excerpts: “Global Crossing’s Recurring Adjusted EBITDA up 91%, Cash Revenue up 46%, from Third Quarter of 1999, Pro Forma for M&A Activity.” Results for continuing operations exclude Global Crossing’s incumbent local exchange carrier business (ILEC), which the Company has agreed to sell to Citizens Communications for an estimated $3.65 billion in cash. GlobalCenter, which the
