Jew Corrupter: Billionaire Ronald Burkle's "Vati-Con" Scam

[CrackSmokeRepublican]

Ronald Wayne Burkle (born November 12, 1952) is an American business magnate and investor. A major political fundraiser, he is listed on the Forbes 400, with an estimated net worth of $3.2 billion in 2011.[1]  

Vati-Con Scandal


Vati-Con is the nickname given to a scandal involving Italian real estate developer Raffaello Follieri, who is accused of misappropriating a $50 million investment[1] from billionaire Ronald Burkle meant to buy up Roman Catholic churches in the United States.[2]

On July 15, 2008, Bishop Joseph Anthony Galante of the Diocese of Camden, New Jersey, was implicated in the scandal by a New York Post article titled "A Deal with the Devil" that revealed that Follieri had bought Galante's beach house for $400,000 in 2007 shortly after Galante began the study that resulted in his 2008 announcement to sell off half of the Diocese's church properties.[3][4] Following disclosure of the bishop's involvement in Vati-Con, the Council of Parishes of Southern New Jersey demanded "a complete halt to the Bishop's planned church closure program".[5] The Galante/Follieri beach house was put back on the market in 2008 and sold almost two years later for $310,000.[6]

On July 24, the New York Daily News reported that in a second raid of Follieri's apartment in New York City, the FBI had confiscated the private journals of Follieri's former girlfriend, actress Anne Hathaway, as part of their ongoing investigation into the scandal. Hathaway did not face charges related to the scandal.[7]

In October, 2008, Follieri pleaded guilty to charges, and Manhattan Federal Judge John Koeltl imposed a 4½ year prison sentence.[8] He is currently serving his sentence at the Federal Correctional Institution in Loretto, Pennsylvania and is scheduled to be released on May 25, 2012.[9]

Golden State Foods

Burkle sold his majority stake in supplier Golden State Foods to St. Louis-based Wetterau Associates for about $110 million. Golden State, one of McDonald's biggest suppliers, operates 11 distribution centers in the United States and abroad and two U.S. processing plants.[14]

Follieri and the Vati-Con scandal

On April 30, 2008, a Delaware judge dismissed Burkle's lawsuit against Raffaello Follieri, ex-boyfriend of actress Anne Hathaway, after he agreed to repay $1.3 million Burkle loaned to him in the Vati-Con Scandal.[15]

Investments and transactions

Burkle's investments and transactions include:

    Sold Dominick's chain to Safeway in 1998 for over $200 million in profits;
    Owns 20.7% stake in Americold Realty Trust;
    Leveraged buyouts of Jurgensen's, Fred Meyer, Food 4 Less, and Ralphs supermarket chains, and sold to Kroger for $13.5 billion;
    Signed Fleming as sole food supplier to Kmart;
    Majority stake in Pathmark grocery stores;
    Cyrk, the former Beanie Baby promotion agency;
    Merged Alliance Entertainment with Source Interlink;
    Invested $100 million in Sean Combs's (P. Diddy) Sean John clothing line;
    Purchased Enthusiast Media publications and assets of Primedia for $1.2 billion;
    Burkle's investment firm, Yucaipa Cos., owns 18.7% of the common stock of Barnes & Noble.[16] In early 2010 he sought to raise his stake to 37% without triggering the shareholders' rights plan;[17][18][19] Chairman Len Riggio, with 27.8% ownership of the bookseller's common stock, is Barnes & Noble's largest shareholder;[20]
    Donated $750 million to the Renner Burkle Fund;
    Owns 6% stake in American Apparel, Inc.[21]
    In an attempted transaction, Burkle made an offer to purchse the financially-troubled Sacramento Kings franchise and prevent the team from relocating to Anaheim; Burkle's plan was rejected by the current owners, Joe and Gavin Maloof.

Payola scandal

In April 2006, Burkle accused New York Post columnist Jared Paul Stern of attempting to extort money from him in exchange for stopping the publication of stories in Page Six, the paper's gossip column, about his private life.[22] Burkle secretly videotaped two private meetings between himself and Stern, with the second meeting orchestrated and monitored by the FBI. Stern allegedly asked Burkle for a $220,000 investment in his clothing business in exchange for better coverage. Stern was subsequently fired by the Post.[23]

[CrackSmokeRepublican]

Looks like Anne Hathaway is into J-Tribe promoted and "Corrupted" themes...

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Anne Hathaway

It seems like just yesterday that Anne Hathaway was charming audiences as the precocious teen in Disney's smash hit The Princess Diaries. Today, the stunning actress and heir-apparent to Julia Roberts' throne finds herself in an exclusive group of young starlets who get first crack at Hollywood's most coveted roles. She has smoothly shed her good-girl image by starring in searing adult-oriented fare like Brokeback Mountain and Rachel Getting Married, while retaining a firm grasp on the coveted female demographic with her roles in The Devil Wears Prada and this year's Love and Other Drugs     (in which Hathaway exposes her flawless breasts, something she's been prone to do). She was also nominated for a Golden Globe for Best Performance by an Actress in  Motion Picture - Musical or Comedy for her role in the same film. And this month, she'll take on the daunting task of hosting the Oscars (alongside James Franco), a shrewd career move for one of Hollywood's hottest A-listers. The gig will mark Hathaway's first appearance onstage at the Oscars, but it certainly won't be her last.

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