McCain "Trailblazer" And Lots Of Other GOP People in Haiti Telcom Scandal

So, in the wake of his firm receiving a $1.3 million fine from the Federal Communication Commission, Jim Courter (one of John McCain's top fundraisers*) has stepped down from the position of national finance co-chairman for the candidate's presidential campaign.

New Jersey-based IDT — of which Courter is CEO — was fined by the FCC for failing to file a contract for telephone service to Haiti in 2004. More interesting, however, as Lucy Komisar points out:

Its work with Haiti has been put under scrutiny since a former employee, Michael Jewett, then IDT’s manager for the Caribbean, sued the company. His suit claims he was fired when he balked at negotiating a scheme that routed a portion of the company’s long distance revenue from Haiti calls to a shell company owned by then-president Jean-Bertrand Aristide. [...] In a quarterly S.E.C. report filed June 6, IDT's balance sheet shows $365 million "income taxes payable," meaning the sum is put aside for back taxes. The figure was zero last year.

All the executives below Courter involved with the Haiti deal are gone. The June report announced the "involuntary" departure of the chief legal officer.

Top-tier Republicans have also bailed out.

William Weld, former G.O.P. governor of Massachusetts, was head of corporate governance at IDT but resigned after the Jewett complaint was unsealed in July 2005.

IDT announced in October 2006 that its entire board would not seek reelection, including former congressman and vice presidential nominee Jack Kemp, former U.S. Ambassador to the U.N. Jeane Kirkpatrick, former Virginia Governor Jim Gilmore, former Minnesota Senator Rudy Boschwitz, and former Washington Senator Slade Gorton. [Note: I posted all their faces at the above left. From top to bottom: McCain with Gorton; Courter; Boschwitz; McCain with Kemp; Kirkpatrick; and, lastly, Gilmore with an eye patch photoshopped on by another blogger.]

"Why do you put very powerful politicians on your board. Because you like them, you think they’re capable and they buy you protection," said Herbert Denton, president of the New York investment firm Providence Capital, which owned IDT stock. "Why do they leave at the same time? I speculate there’s something rotten in Denmark."

I hope this story gets some traction.

[*He seems to get a lot of his coworkers to donate.]