I know that Fred offered M half his Telegroup stock, when that was worth something in the $50-$75M range. I don't recall ever hearing about an offer of all his stock.
The transfer never took place because Telegroup finance people were very afraid that if investors learned that a "cult" was a substantial owner of Telegroup they would quickly sell their shares. Fred gained great status in the Movement from his non-donation, including quite a bit of financial gain. --- In [email protected], Rick Archer <[EMAIL PROTECTED]> wrote: > on 5/15/05 5:52 PM, Vaj at [EMAIL PROTECTED] wrote: > > > > Several parts of Earl's letter seem like reaction formations--but other > > parts ring true. One of the most disturbing was the report of Mahesh > > lamenting his inability to milk the Kaplan's entire fortune. It really > > paints a sinister picture of a greed-crazed avaricious man that has > > been heard again and again and again. Only this time you hear a clear > > source on this. I found it chilling in it's portrait of M. > > Fred Gratzon told a story of how he offered Maharishi all of his money, or > all of his stock in Telegroup, and Maharishi was angry at him. Then he > offered him half of it, and Maharishi was pleased. If Cliff is reading this > perhaps he can clarify or elaborate. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
