TELECOM Digest OnLine - Sorted: Kudos to New York Attorney General

Kudos to New York Attorney General

David O. Rodriguez (
Mon, 06 Dec 2004 12:39:16 -0500

I just read that New York Attorney General Eliot Spitzer negotiated
with GE Capital to eliminate the lease payments for the NorVergence
MATRIX. GE Capital is even going to refund money. Hopefully all other
finacial institutions and all other states involved will follow this

Now if some agency could follow up on the Salzanos.

[TELECOM Digest Editor's Note: As I have been saying for literally
*months* here, put a total freeze on your accounts payable due to
Norvergence and its fraudulent leases. I am sure when Spitzer
'negotiated' with GE Capital he actually put a hard squeeze on them
due to sins of their own in other matters; offering to forgive their
sins on those matters in exchange for their cooperation on the
Norvergence matter. Very few, if any, of the creditors had clean
hands and pure motives in the Norvergence incident. If they all get
off as cheaply as GE Capital, by forgiving the leases and refunding
what they had already scammed from business people, they'll be
lucky indeed. PAT]

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