At
that time, only one other "person" had
a similar ownership capable of broadcasting
to the entire country without the need for
the use of old satellite dishes that often
dwarfed the homes they served. Direct
TV, a subsidiary of GM, was greasing its
monopoly over the newly emerging technology
and was running away with customers defecting
from other companies who did not own the
necessary frequencies to compete. Direct
TV, you see, had a lot of money and was able
to launch its satellite before our homegrown
boy could obtain the necessary millions to
finance such a venture. But he persisted,
and signed off on a deal with Telecommunications,
Inc. (TCI), whereby in exchange for millions
of dollars and an interest in the business,
TCI would pay for and launch a satellite
to provide television signals to Earth from
the coveted 110 Orbital Slot.
Unfortunately for our homegrown boy,
the game being played at such levels
was getting hairy, and the competition
was fierce. Before the ink could
dry on his deal with TCI, telecommunications
moguls such as Rupert Murdoch and Bernie
Ebbers were playing their cards behind
the scenes in their standard ordinary
kick-ass-and-take-names-later method
of doing business. Realizing the
value of the 110 Orbital Slot, gossip
has it that Bernie Ebbers approached
MCI's CEO, Bert Roberts, and promised
to back MCI's effort to hijack the 110
Orbital Slot from our homegrown boy.
Soon thereafter, MCI's Bert Roberts
scheduled a trip to Geneva, Switzerland,
the site of a telecommunications world
conference that was featuring as its
guest the Chairman of the FCC, Reid Hunt. (Hunt,
who was appointed chairman of the FCC
during the Clinton administration, and
Bert Roberts were both old friends and
classmates of Vice President Gore). It
was no coincidence when old friends Bert
Roberts and Reid Hunt bumped into one
another in Geneva. Bert Roberts
told FCC Chairman Hunt that MCI would
pay a really big price for the 110 Orbital
Slot, if the FCC could figure out a way
to get the slot away from our homegrown
boy, and put the slot up for public auction.
At that time, the FCC was looking for
ways to spill more money into its public
coffers, and it just so happened that
our homegrown boy was due for approval
of his application for an extension to
launch a satellite into his 110 Orbital
Slot, a slot Hunt had publicly dubbed
a "cash cow". Such extension
requests were historically given the
rubber stamp, but after Chairman Hunt
returned from Geneva he voted to deny
our homegrown boy's extension, took the
110 Orbital Slot away from him, and auctioned
it off to the winning bidder for $735
million. And the winner was MCI! Shortly
after MCI's winning bid, MCI merged with
Bernie Ebbers' WordCom, infusing MCI
with sufficient assets (at least on paper)
to close the deal on its successful auction
bid for the 110 Orbital Slot. MCI
then took the 110 Orbital Slot and entered
into a deal to sell it to Primestar,
a cable company and competitor of the
satellite television industry, for a
whopping $1.1 billion.
I drafted our homegrown boy's lawsuit
against MCI/WorlCom, and sought to recover
the fair market value of the 110 Orbital
Slot ($735 million and rising), that
was ripped out of my client's fingers. It
wasn't long after his lawsuit was dismissed
(probably because no one believed his
bizarre story), that our homegrown boy
died, never realizing his dream of fame
and fortune.
So, I was abundantly pleased to see
that Bernie Ebbers got caught in the
tide of his misdeeds and is headed for
a life behind bars. As they say,
what goes around comes around. I
just wanted to echo the knowing laugh
coming from the grave of our homegrown
boy and tell you for him, "I told
you so."
Rest in peace, Dan Garner.
By Robert Ginnaven
You
can E-Mail at:
dickson@twinsprings.net