Leo Hindery Jr. among Cubs bidders, worked for Obama campaign

• At least 3 among latest round of Cubs bidders:

"People involved with the process confirm that bids have been received from Chicago financier

• Tom Ricketts, chief executive of InCapital LLC and the son of J. Joe Ricketts, founder of TD Ameritrade Holding Corp.;

• Hersch Klaff, a Chicago real-estate investor;

• and a partnership between two New York private-equity chieftains, Marc Utay of Clarion Capital and Leo Hindery Jr of InterMedia Partners.

Hindery also was the founding chairman and chief executive of the Yankees Entertainment & Sports Network."

• A former CEO of Global Crossing Hindery made $250 million in stock options for less than 1 year's work with the company which eventually went bankrupt.
• That wasn't enough for Hindery. In 2002 Hindery sued the bankrupt Global Crossing for an
• additional $822, 000 (Politico, 2/3/09). Hindery is a political activist having worked

• for the Obama campaign and the John Edwards campaign: "Hindery previously ran the New York Yankees' cable TV channel and AT&T Broadband. He was a senior economic policy adviser to presidential candidate Sen. John Edwards and now advises Sen.
• Barack Obama's presidential campaign." Phil Rosenthal, Chicago Tribune, 7/26/08, "Hindery, Klaff Bids in Cubs Contest."

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