The Following is a Chapter from the Newest Book Project Censored 2014:
Fearless Speech in Fateful Times
By Peter Phillips and Brady Osborne
In this study, we decided to identify in detail the people on the
boards of directors of the top ten asset management firms and the top
ten most centralized corporations in the world. Because of overlaps,
there is a total of thirteen firms, which collectively have 161
directors on their boards. We think that this group of 161 individuals
represents the financial core of the world’s transnational capitalist
class. They collectively manage $23.91 trillion in funds and operate in
nearly every country in the world. They are the center of the financial
capital that powers the global economic system. Western governments and
international policy bodies work in the interests of this financial
core to protect the free flow of capital investment anywhere in the
world.
A Brief History of Research on the American Power Elite:
A long tradition of sociological research documents the existence of a
dominant ruling class in the United States, whose members set policy
and determine national political priorities. The American ruling class
is complex and competitive, and perpetuates itself through interacting
families of high social standing with similar lifestyles, corporate
affiliations, and memberships in elite social clubs and private
schools.1
The American ruling class has long been determined to be mostly
self-perpetuating,2 maintaining its influence through policy-making
institutions such as the National Association of Manufacturers, the US
Chamber of Commerce, the Business Council, Business Roundtable, the
Conference Board, American Enterprise Institute for Public Policy
Research, Council on Foreign Relations, and other business-centered
policy groups.3 These associations have long dominated policy decisions
within the US government.
In his 1956 book, The Power Elite, C. Wright Mills documented how World
War II solidified a trinity of power in the US that comprised
corporate, military, and government elites in a centralized power
structure motivated by class interests and working in unison through
“higher circles” of contact and agreement. Mills described how the
power elite were those “who decide whatever is decided” of major
consequence.4 These higher-circle decision makers tended to be more
concerned with interorganizational relationships and the functioning of
the economy as a whole, rather than with advancing their particular
corporate interests.5
The higher-circle policy elites (HCPE) are a segment of the American
upper class and are the principal decision makers in society. Although
these elites display some sense of “we-ness,” they also tend to have
continuing disagreements on specific policies and necessary actions in
various sociopolitical circumstances.6 These disagreements can block
aggressive reactionary responses to social movements and civil unrest,
as in the case of the labor movement in the 1930s and the civil rights
movement in the 1960s. During these two periods, the more liberal
elements of HCPE tended to dominate the decision-making process and
supported passing the National Labor Relations and Social Security Acts
in 1935, as well as the Civil Rights and Economic Opportunities Acts in
1964. These pieces of national legislation were seen as concessions to
the ongoing social movements and civil unrest, and were implemented
instead of instituting more repressive policies.
However, during periods of threats from external enemies, as in World
Wars I and II, more conservative/reactionary elements of the HCPE
successfully pushed their agendas. During and after World War I, the
United States instituted repressive responses to social movements, for
example through the Palmer Raids and passage of the Espionage Act of
1917 and the Sedition Act of 1918. After World War II, the HCPE allowed
and encouraged the McCarthy-era attacks on liberals and radicals and,
in 1947, passage of the National Security Act and the anti-labor
Taft-Hartley Act. In the past twenty-five years, and especially since
the events of 9/11, the HCPE in the US has been united in support of an
American empire of military power that maintains a repressive war
against resisting groups-typically dubbed “terrorists”-around the
world. This war on terror is much more about protecting transnational
globalization, the free flow of financial capital, dollar hegemony, and
access to oil, than it is repressing terrorism. Increasingly, the North
Atlantic Treaty Organization (NATO) is a partner with US global
dominance interests.7
The Transnational Capitalist Class:
Capitalist power elites exist around the world. The globalization of
trade and capital brings the world’s elites into increasingly
interconnected relationships-to the point that sociologists have begun
to theorize the development of a transnational capitalist class (TCC).
In one of the pathbreaking works in this field, The Transnational
Capitalist Class (2000), Leslie Sklair argued that globalization
elevated transnational corporations (TNC) to more influential
international roles, with the result that nation-states became less
significant than international agreements developed through the World
Trade Organization (WTO) and other international institutions.8
Emerging from these multinational corporations was a transnational
capitalist class, whose loyalties and interests, while still rooted in
their corporations, was increasingly international in scope. Sklair
wrote:
The transnational capitalist class can be analytically divided into
four main fractions: (i) owners and controllers of TNCs and their local
affiliates; (ii) globalizing bureaucrats and politicians; (iii)
globalizing professionals; (iv) consumerist elites (merchants and
media). . . . It is also important to note, of course, that the TCC and
each of its fractions are not always entirely united on every issue.
Nevertheless, together, leading personnel in these groups constitute a
global power elite, dominant class or inner circle in the sense that
these terms have been used to characterize the dominant class
structures of specific countries.9
William Robinson followed in 2004 with his book, A Theory of Global
Capitalism: Production, Class, and State in a Transnational World.10
Robinson claimed that 500 years of capitalism had led to a global
epochal shift in which all human activity is transformed into capital.
In this view, the world had become a single market, which privatized
social relationships. He saw the TCC as increasingly sharing similar
lifestyles, patterns of higher education, and consumption. The global
circulation of capital is at the core of an international bourgeoisie,
who operate in oligopolist clusters around the world. These clusters of
elites form strategic transnational alliances through mergers and
acquisitions with the goal of increased concentration of wealth and
capital. The process creates a polyarchy of hegemonic elites. The
concentration of wealth and power at this level tends to
over-accumulate, leading to speculative investments and wars. The TCC
makes efforts to correct and protect its interests through global
organizations like the World Bank, the International Monetary Fund, the
G20, World Social Forum, Trilateral Commission, Bilderberg Group, Bank
for International Settlements, and other transnational associations.
Robinson claimed that, within this system, nation-states become little
more than population containment zones, and the real power lies with
the decision makers who control global capital.11
Deeper inside the transnational capitalist class is what David Rothkopf
calls the “superclass.” In his 2008 book, Superclass: The Global Power
Elite and the World They Are Making, Rothkopf argued that the
superclass constitutes 6,000 to 7,000 people, or 0.0001 percent of the
world’s population.12 They are the Davos-attending, Gulfstream/private
jetflying, money-incrusted, megacorporation-interlocked,
policy-building elites of the world, people at the absolute peak of the
global power pyramid. They are 94 percent male, predominantly white,
and mostly from North America and Europe. Rothkopf reported that these
are the people setting the agendas at the G8, G20, NATO, the World
Bank, and the WTO. They are from the highest levels of finance capital,
transnational corporations, the government, the military, the academy,
nongovernmental organizations, spiritual leaders, and other shadow
elites. (Shadow elites include, for instance, the deep politics of
national security organizations in connection with international drug
cartels, who extract 8,000 tons of opium from US war zones annually,
then launder $500 billion through transnational banks, half of which
are US-based.)13
Rothkopf’s definition of the superclass emphasized their influence and
power. Although there are over 1,500 billionaires in the world, not all
are necessarily part of the superclass in terms of influencing global
policies. Yet these 1,500 billionaires possess two times as much wealth
as the 2.5 billion least wealthy people, and they are fully aware of
these vast inequalities. The billionaires inside the TCC are similar to
colonial plantation owners. They know they are a small minority with
vast resources and power, yet they must continually worry about the
unruly exploited masses rising in rebellion. As a result of these class
insecurities, the TCC works to protect its structure of concentrated
wealth. Protection of capital is the prime reason that NATO countries
now account for 85 percent of the world’s defense spending, with the US
spending more on military than the rest of the world combined.14 Fears
of rebellions motivated by inequality and other forms of unrest
motivate NATO’s global agenda in the war on terror.15
NATO is quickly emerging as the police force for the transnational
capitalist class. As the TCC more fully emerged in the 1980s,
coinciding with the collapse of the Soviet Union, NATO began broader
operations. NATO first ventured into the Balkans, where it remains, and
then into Afghanistan. NATO started a training mission in Iraq in 2005,
has recently conducted operations in Libya, and, as of July 2013, is
considering military action in Syria. Superclass use of NATO for its
global security is part of an expanding strategy for US military
domination around the world, whereby the US/NATO
militaryindustrialmedia empire operates in service to the TCC for the
protection of international capital anywhere in the world.16
The most recent work on the TCC is William K. Carroll’s The Making of a
Transnational Capitalist Class (2010).17 Carroll’s work focused on the
consolidation of the transnational corporate-policy networks between
1996 and 2006. He used a database of the boards of directors of the
global 500 largest corporations, showing the concentrated
interconnectedness of key corporations and a decreasing number of
people involved. According to this analysis, the average size of
corporate boards has dropped from 20.2 to 14.0 in the ten years of his
study. Furthermore, financial organizations are increasingly the center
of these networks. Carroll argued that the TCC at the centers of these
networks benefit from extensive ties to each other, thus providing both
the structural capacity and class consciousness necessary for effective
political solidarity.
A 2011 University of Zurich study completed by Stefania Vitali, James
B. Glattfelder, and Stefano Battiston at the Swiss Federal Institute of
Technology reported that a small group of companies-mainly banks-wields
huge power over the global economy.18 Applying mathematical
models-usually used to model natural systems-to the transnational
corporations in the world economy, the study found that 147 companies
controlled some 40 percent of the world’s wealth.19
Project Censored Research on the 2013 Transnational Capitalist Class:
Although sociological theorists conduct studies of the world’s power
elite, these researchers rarely identify specific members of the
transnational capitalist class, preferring instead to build theory for
other academics to read and discuss, while avoiding the particulars of
who is actually involved.
The world’s corporate media pay absolutely no attention to academic
concepts like “transnational capitalist class.” Thus, a LexisNexis
search of news coverage, completed on June 3, 2013, using the term
“transnational capitalist class,” returned only three news stories in
the past decade-two from foreign media, and the third a letter to the
editor by Leslie Sklair. The concept of a transnational capitalist
class is absent from corporate news coverage, which also does not
address who constitutes this most elite, powerful group.
We think that the world needs to know who comprises the TCC and thus
who makes the financial decisions regarding global capital.
This is actually a fairly straightforward-if labor-intensive-research
effort: most of the information is not only public but also online. We
started with the top ten most centralized companies from the previously
cited 2011 Swiss study.20 This identified the world’s most centralized
and interconnected financial organizations. We also wanted to consider
those groups managing the largest volumes of financial capital, so we
added the top asset management firms from 2012 to our data set.21 The
following chart shows the rankings in trillions of dollars of assets
managed for the top thirty-five asset management firms in the world.
Table 1: The World’s Top 35 Asset Management Firms, in Trillions of
Dollars (2012):
1 BlackRock US $3,560
2 UBS Switzerland $2,280
3 Allianz Germany $2,213
4 Vanguard Group US $2,080
5 State Street Global Advisors (SSgA) US $1,908
6 PIMCO (Pacific Investment Management Company) US $1,820
7 Fidelity Investments US $1,576
8 AXA Group France $1,393
9 JPMorgan Asset Management US $1,347
10 Credit Suisse Switzerland $1,279
11 BNY Mellon Asset Management US $1,299
12 HSBC UK $1,230
13 Deutsche Bank Germany $1,227
14 BNP Paribas France $1,106
15 Capital Research and Management Company US $1,071
16 Prudential Financial US $961.0
17 Amundi France $880.0
18 Goldman Sachs Group US $836.0
19 Wellington Management Company US $719.8
20 Natixis Global Asset Management France $710.9
21 Franklin Resources (Franklin Templeton Investments) US $707.1
22 Northern Trust US $704.3
23 Bank of America US $682.2
24 Invesco US $646.6
25 Legg Mason US $631.8
26 Nippon Life Insurance Company Japan $600.0
27 Legal & General Investment Management UK $598.5
28 Generali Group Italy $581.5
29 Prudential UK $570.2
30 Ameriprise Financial US $543.6
31 T. Rowe Price US $541.7
32 Wells Fargo US $534.9
33 Manulife Financial Canada $513.8
34 Sun Life Financial Canada $496.3
35 TIAA-CREF US $481.0
Seven of the top ten asset management firms were in the top ten of the
most centralized firms from the Swiss study. We decided to identify the
people on the boards of directors of the top ten asset management firms
and the top ten most centralized corporations. With overlaps there is a
total of thirteen firms in our study: Barclays PLC, BlackRock Inc.,
Capital Group Companies Inc., FMR Corporation: Fidelity Worldwide
Investment, AXA Group, State Street Corporation, JPMorgan Chase & Co.,
Legal & General Group PLC (LGIMA), Vanguard Group Inc., UBS AG, Bank of
America/Merrill Lynch, Credit Suisse Group AG, and Allianz SE (Owners
of PIMCO) PIMCO-Pacific Investment Management Co. The boards of
directors of these firms, totaling 161 individuals, represent the
financial core of the world’s transnational capitalist class (for more
details see Appendix). Collectively, they manage $23.91 trillion in
funds and operate in nearly every country in the world. The $23.91
trillion does not include the equity balances-which number in the
billions of dollars-that each of these firms holds in company assets.
Nor does it include the $18.8 trillion controlled by the next
twenty-five most valuable asset management firms.
The bank Barclays, the most wealth-centralized corporation in the
world, sold its global asset management division to BlackRock in 2009.
The result is that BlackRock is now the single largest asset management
firm, though Barclays remains one of the most wealth-centralized firms
with company assets of $2.42 trillion.22
Understanding the Financial Core of the Transnational Capitalist Class:
The 161 directors of the thirteen mostly centralized/largest asset
management firms represent the central core of international capital.
As such, these 161 people share a common goal of maximum return on
investments for their clients and will seek to achieve returns
sometimes by any means necessary-legal or not.
Authorities have deemed the largest banks “too big to fail,” and have
responded to the banks’ criminal activities with weak reforms and no
prosecutions.23 The American government has refused to prosecute any
officials from the multitude of banks who have laundered billions of
dollars for illegal drug cartels. Powerful banking corporations, such
as JPMorgan Chase, have continually refused to comply with American
anti-money laundering (AML) laws.24
This refusal to prosecute is often hailed as an honorable move that
serves to protect all individuals from devastation. Thus, Assistant
Attorney General Lanny A. Breuer explained the refusal to prosecute the
bank HSBC:
Had the US authorities decided to press criminal charges, HSBC would
almost certainly lost its banking license in the US, the future of the
institution would have been under threat and the entire banking system
would have been destabilized.25
Not only are these powerful corporations considered “too big to fail,”
they appear to have become too big to tell apart. Traditionally, banks
have been understood as separate entities, competing against one
another in order to entice consumers to deposit funds and invest. Such
competition theoretically forces banks to compete to offer the best
rates. However, in reality, these banks found that competing against
one another was less profitable than working together. Realizing that
their interests lie side by side, the financial core of the TCC have
been highly motivated to join forces-legally or not-to manipulate laws,
policies, and governments to their advantage.
The ramifications of the lack of competition in the banking industry
are devastating. Consider, for example, price-fixing scandals such as
Libor or ISDAfix. JPMorgan Chase, UBS, and Barclays (among thirteen
others) were implicated in the Libor scandal, falsifying the data that
was used to create benchmark rates.26 Based on faked data, those rates
affected the prices of everything from auto, home, and student loans to
credit cards to mortgage and commercial loans, and even the price of
currencies themselves. The Financial Services Authority in the United
Kingdom fined Barclays $450 million, and several other banks are still
under investigation.27
The ISDAfix scandal looks a lot like the Libor case. The same
superpower banks are currently under investigation to determine whether
or not they manipulated ISDAfix, a benchmark number used to calculate
the prices of global interest rate swaps.28 Because cities and
sovereign governments use interest rate swaps to help manage their
debts, manipulation of those rates has far-reaching impacts,
particularly for the poor and working classes, as economic safety nets
are subject to “austerity” measures-i.e., budget cuts-that favor
protection of financial capital.
Not only were rates illegally fixed and data falsified, but the
offending banks also used individual consumers’ investments to engage
in criminal activity. The Vanguard Group was accused of investing its
clients’ money into illegal offshore gambling sites, prompting a
class-action lawsuit under the Racketeer Influenced and Corrupt
Organizations (RICO) Act. Vanguard did not deny such wrongdoing, but a
judge determined that when the plaintiffs (Vanguard’s clients) were
harmed, they lost their money due to the government’s crackdown on such
illegal gambling, rather than due to Vanguard’s investing in such
sites.29 However, it is clear that if Vanguard had not invested client
money in illegal ventures, there would have been no negative
repercussions from such a government crackdown. As journalist Matt
Taibbi declared, “Everything is rigged.”30 Indeed it seems that the
superpower corporate elite will never be made to pay for their crimes
against consumers-we have yet to see such a prosecution.
Vanguard Group and BlackRock are major investors in Sturm, Ruger & Co.,
a leading firearms manufacturer.31 Though there is nothing illegal
about such investments, we can wonder about the consequences of such a
pairing. With the expansion of private police and military companies,
the power elite seemingly are investing in the violent means with which
to maintain and further their power.
With money comes power, influence, and propaganda. BlackRock and
numerous other banks and Wall Street institutions are financially
backing groups like Parent Revolution and StudentsFirst, whose agendas
are to privatize and subsequently corporatize the public school
system.32 The transnational capitalist class is laying the foundation
for the privatization of the world. If public, democratic
institutions-including schools, post offices, universities, the
military, and even churches-become privately owned entities, then
corporate interests will truly dominate. Then, we become neo-feudal
societies where the reign of kings is replaced by private corporate
ownership and the people serve as peasants.
We do not claim that any single person identified in this study, as one
of the 161 individuals at the financial core of the TCC, has done
anything illegal. We only point out that the institutional, structural
arrangements within the money management systems of global capital
relentlessly seek ways to achieve maximum return on investment, and
that the conditions for manipulations-legal or not-always hold. As
these institutions become “too big to fail,” their scope and
interconnections pressure government regulators to shy away from
criminal investigations, much less prosecutions. The result is a
semi-protected class of people with increasingly vast amounts of money,
seeking unlimited growth and returns, with little concern for
consequences of their economic pursuits on other people, societies,
cultures, and environments.
Estimates are that the total world’s wealth is close to $200 trillion,
with the US and Europe holding approximately 63 percent of that total;
meanwhile, the poorest half of the global population together possesses
less than 2 percent of global wealth.33 The World Bank reports that in
2008, 1.29 billion people were living in extreme poverty, on less than
$1.25 a day, and 1.2 billion more were living on less than $2.00 a
day.34 Thirty-five thousand people, mostly young children, die every
day from starvation.35 So while millions suffer, the TCC financial
elites seek returns that speculate on the rising cost of food, and they
do this in cooperation with each other in a global system of TCC power
and control.
Who are the financial core of the transnational corporate class? As
indicated above, the financial core of the TCC are directors of banks
and asset management firms. The 161 directors who manage the top
thirteen firms have very similar backgrounds and training. See
Appendix for names and affiliations. [The full, detailed list is online
here.->http://projectcensored.org/financial-core-of-the-transnational-corporate-class/]
Financial Core of the Transnational Corporate Class:
One hundred thirty-six of the 161 core members (84 percent) are male.
Eighty-eight percent are whites of European descent (just nineteen are
people of color). Fifty-two percent hold graduate degrees-including
thirty-seven MBAs, fourteen JDs, twenty-one PhDs, and twelve MA/MS
degrees.
Almost all have attended private colleges, with close to half attending
the same ten universities: Harvard University (25), Oxford University
(11), Stanford University (8), Cambridge University (8), University of
Chicago (8), University of Cologne (6), Columbia University (5),
Cornell University (4), the Wharton School of the University of
Pennsylvania (3), and University of CaliforniaBerkeley (3), which is a
public institution. Forty-nine are or were CEOs, eight are or were
CFOs; six had prior experience at Morgan Stanley, six at Goldman Sachs,
four at Lehman Brothers, four at Swiss Re, seven at Barclays, four at
Salomon Brothers, and four at Merrill Lynch.
People from twenty-two nations make up the central financial core of
the TCC. Seventy-three (45 percent) are from the US; twenty-seven (16
percent) Britain; fourteen France; twelve Germany; eleven Switzerland;
four Singapore; three each from Austria, Belgium, and India; two each
from Australia and South Africa; and one each from Brazil, Vietnam,
Hong Kong/China, Qatar, the Netherlands, Zambia, Taiwan, Kuwait,
Mexico, and Colombia.They mostly live in or near a number of the
world’s great cities: New York, Chicago, London, Paris, and Munich.36
Members of the financial core take active parts in global policy groups
and government. Five of the thirteen corporations have directors as
advisors or former employees of the IMF. Six of the thirteen firms have
directors who have worked at or served as advisors to the World Bank.
Five of the thirteen firms hold corporate membership in the Council on
Foreign Relations in the US. Seven of the firms sent nineteen directors
to attend the World Economic Forum in February 2013. Seven of the
directors have served or currently serve on a Federal Reserve board,
both regionally and nationally in the US. Six of the financial core
serve on the Business Roundtable in the US. Several directors have had
direct experience with the financial ministries of European Union
countries, the G8, and the G20. Almost all of the 161 individuals serve
in some advisory capacity for various regulatory organizations, finance
ministries, universities, and national or international policy-planning
bodies.
These 161 directors are part of Rothkopf’s superclass. Given their
control over $23.91 trillion, Western governments and international
policy bodies serve the interests of this financial core of the TCC.
Wars are initiated to protect their interests, and to promote the free
flow of global capital for investment anywhere that returns are
possible. Identifying the people with such power and influence is an
important part of any democratic movement seeking to protect our
commons so that all humans might share and prosper.37
Appendix:
Financial Core of the Transnational Capitalist Class (2013):
Citizenship, CB-Corporate Boards, PE-Prior Corporate Employment/Boards,
PC-Policy Councils & Government, E-Universities N=161
Barclays PLC (Assets $2.4 Trillion)
Antony Peter Jenkins, UK, CB-Group Chief Executive, Barclays PLC,
PE-Citibank, Visa Europe Ltd, Absa Group Limited, PC-World Economic
Forum-2013, Chartered Institute of Bankers, British-American
Business-International Council, E-Oxford University, Cranfield
Institute of Technology-MBA
Sir David Alan Walker, UK, CB-Chairman, Barclays, PE-International
Monetary Fund, Bank of England, CEGB, Reuters Venture Capital, Morgan
Stanley, Lloyds Bank, PC- World Economic Forum-2013, Group of Thirty
(G30), London Investment Bankers’ Association, Assistant Secretary at
the Treasury, The Financial Services Authority (FSA) UK, E-Queens
College-MA Economics, Cambridge,
Frits van Paasschen, US, CB-CEO Starwood Hotels and Resorts Worldwide,
Inc., PE-Coors Brewing Company-CEO, Nike Inc., Disney Consumer
Products. Jones Apparel Group Inc., Oakley Inc., FPaasschen Consulting,
Mercator Investments, McKinsey & Company, Boston Consulting Group,
PC-World Economic Forum-2013, E-Amherst College, Massachusetts, Harvard
Business School-MBA
Michael Ashley, UK, CB-KPMG Europe LLP (‘ELLP’), Deloitte Touche
Tohmatsu Limited, The Financial Reporting Council Limited, PC-Institute
of Chartered Accountants in England and Wales, HM Treasury’s Audit
Committee, European Financial Reporting Advisory Group,
Hugh E. “Skip” McGee III, US, PE-Lehman Brothers Holdings Inc., CIB
Americas, E- Princeton, University of Texas School of Law-JD
Tim Breedon, UK, CB- Index Funds PE-Legal & General Group plc, Standard
Charter Bank, Mithras Investment Trust plc. PC-Association of British
Insurers (ABI) UK Government’s non-bank lending taskforce, Investment
Management Association, Ministry of Justice. E-Oxford University,
London Business School-MS-Business
Fulvio Conti, Italy, CB-CEO-Enel SpA, RCS MediaGroup, ENDESA SA, AON
PLC, Eurelectric, Trasmissione Elettricita Rete Nazionale SPA,
PE-Telecom Italia SpA, Montedison-Compart, Montecatini. Mobil Oil, Wind
Telecomunicazioni SpA, PC-World Economic Forum-2013,
Confindustria-Italian Employers’ Federation, E- University of Rome La
Sapienza,
Ashok Vaswani Brysam, India, CB-Brysam Global Partners, PE-Citibank,
Consumer Bank, US Cards Business, PC-S. P. Jain Institute of Management
Singapore, E-Bombay University, Sydenham College of Commerce and
Economics- Institute of Chartered Accountants of India
Diane de Saint Victor, French, CB-ABB Limited, Baldor Electric Co.,
PE-EADS, SCA Hygiene Products, Honeywell International, General
Electric, Thales, Lyon-Caen, Fabiani & Thiriez, PC-International Bar
Association, E- Pantheon-Assas University, Paris Law School-JD,
Shaygan Kheradpir Ph.D., UK, PE-Verizon Communications, GTE PC-National
Institute of Standards & Technology E-Cornell University-Ph.D.
Electrical Engineering,
David George Booth, US, CB-East Ferry Investors Inc., PE-Morgan
Stanley, Discount Corporation of New York E-University of Kansas,
University of Chicago-MBA
Simon John Fraser, UK, CB-Fidelity International, Fidelity European
Values PLC, Fidelity Japanese Values PLC., Ashmore Group Plc. H. Lundén
Kapitalförvaltning AB, The Edinburgh Investment Trust Plc, PE-FIL
Investments International, Investment Solutions Group Ltd. E-University
of St. Andrews, Columbia University-MBA
Reuben Jeffery III, US, CB-CEO of Rockefeller & Co, PE-US Under
Secretary of State for Economic, Energy and Agricultural Affairs,
Goldman Sachs & Co, Davis Polk & Wardwell, Morgan Guaranty Trust
Company, PC-National Security Council, Council on Foreign Relations,
World Economic Forum, Center for Strategic & International Studies in
Washington DC, Commodity Futures Trading Commission, International
Advisory Council of the China Securities Regulatory Commission (CSRC),
E-Yale University, Stanford University-JD,
Dambisa Moyo, Ph.D., Zambia, CB- SABMiller PLC, Barrick Gold
Corporation, Lundin Petroleum AB, PE-World Bank, Goldman Sachs,
PC-World Economic Forum, Bilderberg Group, E-St Antony’s College,
Oxford-Ph.D., Harvard-Kennedy School of Government-MPA, American
University-MBA
Sir Michael Rake, UK, CB-BT Group PLC, easyJet PLC., PE-KPMG
International, McGraw-Hill Companies, PC-World Economic Forum-2013, The
Prince of Wales’s Charitable Foundation, Chatham House-Royal Institute
of International Affairs, British-American Business-International
Council, Confederation of British Industry, UK- Department of Trade and
Industry, International Business Leaders Forum, Oxford Advisory Board,
E-Wellington College
Sir John Sunderland, UK, CB-Chancellor of Aston University, Merlin
Entertainments Limited, AFC Energy plc., PE-Cadbury Schweppes PLC, CVC
Capital Partners, PC- Confederation of British Industry, Financial
Reporting Council, Chartered Management Institute, Business in the
Community, Governor of Reading University, E-University of St. Andrews.
Maria Ramos, South Africa, CB- Absa Group Ltd, PE-Transnet Limited PC-
Director-General of the National Treasury, Business Trust (South
Africa), International Business Council, World Economic Forum-2013,
World Bank Chief Economist Advisory Panel, Business Leadership South
Africa, Banking Association of South Africa, E-University of the
Witwatersrand (Wits), University of London-MS, Fortune-World’s 50 Most
Powerful Women in Business
BlackRock Inc. (Inc. Assets $22.3 billion)
Assets in management: $3.7 trillion
Laurence Fink, US, CB- PNC Financial Services Group Inc., Innovir
Laboratories Inc., York Stock Exchange, Inc., PE-The First Boston
Corporation, VIMRx Pharmaceuticals Inc., E-University of California Los
Angeles, Awards-CEO of the Decade-Financial News 2011
Robert S. Kapito, US, CB-icruise.com, PE-Bain & Co ,PC- Trustee,
University of Pennsylvania, International Monetary Conference, The
Financial Services Roundtable, E- Harvard Business School-MBA, Wharton
School of the University of Pennsylvania.
James Rohr, US, CD-CEO, PNC Bank, EQT Corporation (Equitable Resources
Inc.) Mercantile Bankshares Corp., PC-Trustee of Carnegie Mellon
University, The RAND Corporation, Federal Reserve Bank of Cleveland,
Bohemian Club, E-Notre Dame, Ohio State-MBA,
Hsueh-Ming Wang, Taiwan, PE-Goldman Sachs, The Paulson Institute
Murry S. Gerber, US, CD-Halliburton, United States Steel Corp, PE-CEO
of EQT, Corporation, Shell Energy North America, PC-Pennsylvania
Business Council, Trustee-Augustana College, E-Augustana College,
University of Illinois-MA Geology
Thomas H. O’Brien, Jr., US, CB-CEO-PNC, McMahon Capital Advisors, LLC,
PNC Financial Services Group Inc., US Airways Group Inc, Confluence
Technologies Inc., Verizon New England Inc., Porcelain Industries Inc.,
HMR Acquisition Company Inc., Cavert Wire Company Inc., Viasystems
Inc., PE-Pittsburgh National Bank, Hilb Rogal & Hobbs, Westinghouse
Credit Corp. Co, PC-Trustee of University of Pittsburgh. E-Boston
College, University of Notre Dame, Harvard-MBA, University of Pittsburgh
Sir Deryck Charles Maughan, UK, CB-Kohlberg Kravis Roberts & Co., Nikko
Securities Co., Glaxosmithkline PLC, Thomson Reuters Corporation,
PE-Salomon Brothers Inc., The Goldman Sachs Group Inc., Salomon Smith
Barney, Citicorp., PC- Trilateral Commission, British American Business
Inc. British-American Business Council, New York Stock Exchange,
Advisory Councils at Harvard and Stanford Universities, E- King’s
College, University of London, Graduate School of Business, Stanford
University-MS
David Komansky, US, CD-Fieldpoint Private Bank & Trust, AEA Investors
LP, AEA Investors LLC, Burt’s Bees, Discover Financial Services,
Schering-Plough, PE-BofA Merrill Lynch, Pierce, Fenner & Smith
Incorporated, EP Technologies, Inc., Automated Security (Holdings)
PLC., New York Stock Exchange, NYSE Euronext, Inc., WPP Group PLC,
PC-British American Business Council, Trustee of Tsinghua University in
Beijing, E-University of Miami
James Grosfeld, US, CB-Copart, Inc. Interstate Bakeries Corporation,
Addington Resources Inc., PE-Pulte Homes, Inc., Championship
Liquidating Trust, PC- Federal National Mortgage Association, E-Amherst
College, Columbia Law School-JD
William S. Demchak, CB-CEO-PNC Financial Services Group Inc., Hilliard
Lyons Research Advisors, The RBB Fund, Inc. Senbanc Fund, PE-J.P.
Morgan Chase & Co., PC-World Affairs Council of Pittsburgh, The
Financial Services Roundtable, E- Allegheny College, University of
Michigan-MBA
Susan Lynn Wagner, US, CB- RBB Fund, Inc.. Bogle Small Cap Growth Fund,
Director of DSP BlackRock Investment Managers, India, PE-Lehman
Brothers, Founding Partner BlackRock, E-Wellesley College, University
of Chicago-MBA Finance
Dennis D. Dammerman, US, CB-Capmark Financial Group, Inc., General
Electric Capital Corp., Swiss Re Ltd., PE-Kidder Peabody Group Inc.,
Montgomery Ward Holding Corp., Genworth Financial Inc., PC-Trustee of
Skidmore College, E-University of Dubuque.
Mathis Cabiallavetta, Swiss, CB-Union Bank of Switzerland, Swiss Re
Ltd, Philip Morris International, Inc., General Atlantic Partners,
Altria, PE-Marsh & McLennan Companies, Inc., PC-US Federal Reserve,
Swiss American Chamber of Commerce, British-American Business Council,
E-University of Montreal, Queen’s University, Kingston-MA-Economics,
Ontario,
Abdlatif Al-Hamad, Kuwait, PD-Morgan Stanley, Marsh & McLennan
Companies, Inc., American International Group, Inc., National Bank of
Kuwait, PC-Arab Fund for Economic and Social Development, Arab Planning
Institute, Banking Advisory Board Group (World Bank), Minister of
Finance and Minister of Planning of Kuwait, United Nations Committee
for Development Planning, Commission on Global Governance, E-Claremont
College, Harvard International Affairs Program,
John Silvester Varley, UK, CB-CEO-Barclays PLC, British Grolux
Investments Limited, Rio Tinto Ltd. & Rio Tinto Plc, Astrazeneca PLC,
PC-International Advisory Panel of the Monetary Authority of Singapore,
Trustee-Prince of Wales’s Charitable Foundation, E- Oriel College,
Oxford, London’s College of Law.
Ivan Seidenberg, US, CB-Perella Weinberg Partners LP, PE-CEO-Verizon
Communications, Cellco Partnership, Inc., American Home Products
Corporation, Wyeth, LLC Honeywell Technology Solutions, Viacom,
PC-Chairman of Business Roundtable, New York Academy of Sciences,
President’s Export Council for U.S., E-City University of New York,
Pace University-MBA,
Thomas Montag, US, CB-Bank of America Corporation/Merrill-Lynch, GS
Financial Products, PE- Goldman Sachs Group Inc., First National Bank
of Chicago, PC-World Economic Forum-2013, The Partnership for New York
City, Director of Securities Industry and Financial Markets
Association, E-Stanford University, Northwestern University-MBA,
Marco Antonio Slim Domit,* Mexico, CB-CEO-Grupo Financiero Inbursa,
S.A.B. de C.V, Impulsora del Desarrollo y el Empleoen America Latina,
S.A.B. de C.V, Impulsora del Desarrollo y el Empleoen America Latina,
S.A.B. de C.V, Afore Inbursa, S.A. de C.V., Arrendadora Financiera
Inbursa, S.A. de C.V., Operadora Inbursa de Sociedades de Inversion,
S.A. de C.V., Seguros Inbursa, S.A., Sears Roebuck, America Telecom,
America Movil, S.A. the C.V., Carso Global Telecom S.A. de CV., U.S.
Commercial Corp., S.A. the C.V., CompUSA and Grupo Carso S.A. de C.V.
PE-Director of Telefonos de Mexico, S.A.B. de C.V, E-Universidad
Anahuac, *Son of Carlos Slim Helú rated as richest person in the world
by Forbes Magazine-estimated wealth $70 billion.
Fabrizio Freda, Italy, CB-CEO-The Estée Lauder Companies Inc.,
PE-Procter & Gamble Company, P&G/The Coca-Cola Company LLC,
E-University of Naples,
Jessica P. Einhorn, Ph.D., US, CB-Dean at Paul H Nitze School of
Advanced International Studies of the Johns Hopkins University, Time
Warner Inc., PE-Clark & Weinstock, International Monetary Fund, World
Bank, United States Treasury, United States State Department,
International Development Cooperation Agency of the United States,
Pitney Bowes Inc., PC-Trilateral Commission, Council on Foreign
Relations, Trustee for the Rockefeller Brothers Fund., Peterson
Institute for International Economics, Center for Global Development,
National Bureau of Economic Research, E-Barnard College at Columbia
University, SAIS-John Hopkins-MA, Princeton University-Ph.D. Political
Science
Capital Group Companies Inc. – Assets Management: $1.07 Trillion
David Isador Fisher, US, CB-Colonial First State (FirstChoice), Capital
International Global Share, Capital Guardian and Trust Company,
AEGON/Transamerica Series Trust-Capital Guardian Global Portfolio, JNL
Series Trust-JNL/UBS Large Cap Select Growth Fund, Vantagepoint Growth
& Income Fund, Pacific Select Fund-Equity Portfolio; John Hancock
Trust-Overseas Equity Trust, PE-Smith Barney & Co, General Electric
Company, PC-International Monetary Fund Retirement Plan, Monetary
Authority of Singapore, Trustee-Lowe Institute, Harvard-Westlake
School, Claremont McKenna College, UCLA School of Public Policy and
Social Research, E-University of California at Berkeley, University of
Missouri-MBA,
Martin E. Diaz Plata, Columbia, CB-Managing Partner Capital Group,
PE-Donaldson, Lufkin & Jenrette (now Credit Suisse), DLJ Merchant
Banking Partners, Corporacion Financiera del Valle in Bogota
E-Universidad Externado de Colombia, Columbia University Graduate
School of Business-MBA
Ashley Dunster, Australia, CB-Managing Partner Capital Group,
PE-European Bank for Reconstruction and Development, L|E|K Partnership,
E-University of Melbourne, Oxford University
Koenraad Foulon, Belgium, CB-Managing Partner Capital Group,
PE-Shearson Lehman Global Asset Management, Posthorn Global Asset,
Morgan Guaranty Trust Company Banque DeGroof in Brussels, E-University
of Louvain, Belgium.
Shaw B. Wagener, US, CB-Capital Group International, Capital Guardian
Trust Company, PC-Los Angeles Society of Financial Analyst, E-Claremont
McKenna College
Leonard L. Kim, Singapore, CB-Managing Partner Partner Capital Group,
PE-Peregrine Capital Limited, Kimbaco Limited-Korea, The First Boston
Corporation, E-Stanford University
Guilherme Lins, Brazil, Managing Partner Capital Group, PE-JPMorgan,
Matuschka Group, E-Universidade Federal do Rio de Janeiro, École des
Hautes Études Commerciales-HEC
Lam Nguyen-Phuong, Vietnam (US), CB-Managing Partner Capital Group,
PE-Ermgassen & Co. Ltd, JP Morgan & Co., RepublicBank Dallas. École
Centrale (Paris, France), Stanford University-MBA
FMR Corporation: Fidelity Worldwide Investment (Family Controlled) –
Assets Management: $1.7 Trillion
Edward Crosby Johnson III, US, CB-CEO-Fidelity, Trustee of Fidelity
Commonwealth Trust, FMR Corp, ARI Holdings Inc., Greenery
Rehabilitation Group Inc., Premier BanCorp Inc, Crocker Realty
Investors Inc, Dr. Solomon’s Group PLC, and ForSoft Ltd., Regal
Communications Corp., E-Harvard,
Abigail Pierrepont Johnson, US, CB-President-Fidelity Financial
Services, L.L.C. PE-Booz Allen & Hamilton, PC-Trustee of Fidelity
Commonwealth Trust, Massachusetts Institute of Technology, E-Hobart and
William Smith Colleges, Harvard Business-MBA
Ned C. Lautenbach, US, CB-Clayton, Dubilier & Rice, Inc., PE-IBM,
Covansys Corp., Acterna Corp., Providian Corp., Eaton Corp., Italtel
Holding S.p.A, Axcelis Technologies Inc., Sony Corp., PC-Council on
Foreign Relations, Trustee of Fairfield University, University of
Cincinnati Foundation, Board of Governors State University Florida, E-
University of Cincinnati, Harvard Business-MBA,
AXA – Assets Management: $1.4 Trillion
Claude Bébéar, France, CB-Honorary Chairman of AXA, Vivendi, BNP
Paribas, Schneider Electric, PC-Institut Montaigne, E-Institute of
Actuaries of France
Henri de Castries, France, CB-CEO-AXA, Nestlé, PE-French Treasury
Department, Rhône-Poulenc Group, E-Ecole des Hautes Etudes Commerciales,
Norbert Dentressangle, France, CB-Financière Norbert Dentressangle,
Dentressangle Initiatives (SAS) (formerly Financière de Cuzieu (SAS)),
ND Investissements (SAS), SEB SA, Vivendi, SOFADE. PE-FINAIXAM.
Jean-Pierre Clamadieu, France, CB-Solvay, Rhodia. Faurecia, SNCF,
PE-Ministry of Labour, PC-World Economic Forum 2013, Franco-Brazilian
Business Council, Int’l MEDEF. European Chemical Industry Council.
Member, Int’l Chemical Industry Council; E-Ecole Nationale Supérieure
des Mines of Paris, Ingénieur du Corps des Mines, Awards: National
Order of Merit, 2009,
Denis Duverne, France, CB-MONY Life Insurance Company, PE-Corporate
Taxes Department for the French Ministry of Finance, Compagnie
Financière IBI., Banque Colbert, E-École des Hautes Études Commerciales
(HEC), École Nationale d’Administration (ENA),
Jean-Martin Folz, France: CB-Eutelsat Communications,. Compagnie de
Saint-Gobain, ONF-Participations (SAS), Société Générale, Solvay
(Belgium), PE-Peugeot SA
E-École Polytechnique and ingénieur des Mines
Anthony Hamilton, UK, CB-MONY Life Insurance Company (United States),
Tawa plc (United Kingdom), Binley Limited (United Kingdom), Swiss Re
Capital Markets Limited (United Kingdom) PE- Schroders, Morgan
Grenfell, and Wainwright, Fox-Pitt & Kelton, PC- The Game & Wildlife
Conservation Trust (United Kingdom), E-Oxford University
Isabelle Kocher, France, CB-Arkema, Suez Environnement, International
Power Plc (IPR) (United Kingdom), PE-GDF SUEZ., PC-Advisor on
Industrial Affairs of the French Prime Minister Office, E-Ecole Normale
Supérieure, Rue d’Ulm, Paris, France; Engineer of the Corps des Mines;
DEA (postgraduate degree) in quantum optics and aggregation in Physics
Suet Fern Lee, Singapore, CB-Stamford Law Corporation (Singapore),
Sanofi, Macquarie International Infrastructure Fund Ltd (Bermuda),
Rickmers Trust Management Pte Ltd (Singapore), Nanyang Technological
University, National University of Singapore Business School, PE-IPBA
(Singapore), China Aviation Oil, Corporation Limited, ECS Holdings
Limited, Richina Pacific Limited (Bermuda), SembCorp Industries Limited
(Singapore), Sincere Watch (Hong Kong) Limited (Hong Kong), Transcu
Group Limited, E-Cambridge University-Law
Stefan Lippe, German, CB-German Insurance Association for Vocational
Training (BWV) (Germany), Acqupart Holding AG, Acqufin AG., Extremus
Insurance Ltd. PE- Bavarian Re., Swiss Re., PC-World Economic Forum,
E-University of Mannheim,
François Martineau, France, CB-SCP Lussan & Associés, Associations
Mutuelles Le Conservateur, Bred Banque Populaire, Ecole Nationale de la
Magistrature (ENM), PE- Law and Political Sciences School of Lima ,
Peru, PC-Council of Europe, Law Consultant Eastern Europe,,
E-University Paris IV (Philosophy Degree), University Paris I (Law
Master), l’Institut d’Études Politiques de Paris,
Deanna Oppenheimer, US-UK, CB-CameoWorks, NCR Corporation, Tesco PLC
(UK) PE-Washington Mutual, Barclays, Catellus, Plum Creek, E-University
of Puget Sound, Kellogg School of Management at Northwestern University
Ramon de Oliveira, France, CB-Investment Audit Practice, LLC, JACCAR
Holdings SA (Luxembourg), MONY Life Insurance Company, Quilvest
(Luxembourg), Taittinger-Kobrand, PE-Logan Pass Partners LLC, Kauffman
Foundation, American Century Company, Inc., JP Morgan, SunGard Data
Systems, The Hartford Insurance Company, The Red Cross, E-University of
Paris, Institut d’Études Politiques (Paris)
Michel Pébereau, France, CB-BNP Paribas, Compagnie de Saint-Gobain,
Total, Banque Marocaine pour le Commerce et l’Industrie (BMCI)
(Morocco), BNP Paribas SA (Switzerland), EADS N.V. (Netherlands),
Pargesa Holding S.A. PE-Crédit Commercial de France, BNP Paribas,
PC-Conseil d’Orientation de l’Institut de l’Entreprise, Aspen
Institute, Fédération Bancaire Européenne, Institut de l’Entreprise,
Lafarge, E-École Polytechnique, École Nationale d’Administration (ENA).
Dominique Reiniche, France, CB-ECR Europe (Belgium), PE-The Coca-Cola
Company Europe, Procter & Gamble, PC-MEDEF (French Employer
Federation), UNESDA (Union of European Beverages Associations)
(Belgium), Vice-Chairman, FDE (Food & Drink Europe) E-ESSEC Business
School in Paris
Marcus Schenck Ph,D,. Germany, CB- E.ON AG (Germany), Commerzbank AG
(Germany), SMS Group GmbH (Germany), HSBC Trinkaus & Burkhardt AG
(Germany), PE-Goldman, Sachs & Co., oHG, McKinsey & Co, PC-Berlin
Center of Corporate Governance (Germany)Capital Markets Advisory
Council to the German Finance Minister (Germany) E-University Bonn, UC
Berkeley, University of Cologne,
State Street Corporation – Assets management: $1.9 trillion
Joseph (Jay) L. Hooley, US, CB-President-State Street Corp., Boston
Financial Data Services, National Financial Data Services, PC-Boston
College Center for Asset Management, Corporate Advisory Board, The
Boston Club, E-Boston College
Kennett F. Burnes, US, CB-CEO-Cabot Corporation, Watts Water
Technologies, PE- Choate, Hall & Stewart, E-Harvard University BA-JD
Peter Coym Ph.D., Germany, PE-Lehman Brothers Holdings Inc., Salomon
Brothers AG, Magix AG, (Börsenrat), Eurex, PC-Association of Foreign
Banks, German Deposit Protection Fund, German Central Capital Market
Committee, Advisor-German Bundesbank & German Minister of Finance,
E-University of Hambur
Patrick de Saint-Aignan, US-France, CB-European Kyoto Fund, Allied
World Assurance Company Holdings AG, PE-Morgan Stanley, IXIS Corporate
and Investment, Bank of China Limited, Natixis Corporate & Investment
Bank, E-Ecole des Hautes Etudes Commerciales, Harvard University-MBA,
Dame Amelia C. Fawcett, US-UK, CB- Guardian Media Group plc, Investment
AB Kinnevik, PE-Morgan Stanley, Sullivan & Cromwell, Pensions First
LLP, PC-Hedge Fund Standards Board, Prince of Wales’s Charitable
Foundation, Governor, London Business School, Commissioner, US-UK
Fulbright Commission, E-Wellesley College, University of Virginia-JD,
Awards-Dame Commander of the Order of the British Empire-2010
David P. Gruber, US, CB-Stone Panels, Inc., Nanocomp Technologies Inc.,
PE-CEO-, Wyman-Gordon Company, Cambridge Semantics Inc., PC-Trustee,
Manufacturers Alliance for Productivity and Innovation, E-Ohio State
University
Linda A. Hill Ph.D., US, CB-Harvard Business School: Wallace Brett
Donham Professor of Business Administration, Cooper Industries, Harvard
Business Publishing, PC-Trustee, Bryn Mawr College, The Bridgespan
Group, Nelson Mandela Children’s Fund USA, E-Bryn Mawr College,
University of Chicago-Ph.D.
Robert S. Kaplan, US, CB-Professor of Management Practice, Harvard
Business School, Berkshire Partners LLC, Indaba Capital Management,
LLC, PE-Goldman Sachs Group, Bed, Bath & Beyond, Inc, PC-Harvard
Management Company, Draper, Richards, Kaplan Foundation, Trustee, Ford
Foundation, E-MIT-MS-Electrical Engineering, Cornell University-Ph.D.
Richard P. Sergel. US, CB-Emera, Inc., PE-CEO-North American Electric
Reliability Corporation, New England Electric System (National Grid
USA), PC-Director of The Greater Boston Chamber of Commerce, Consortium
for Energy Efficiency, E-Florida State University, North Carolina State
University, University of Miami-MBA,
Ronald L. Skates, US, CB-Raytheon Company, Courier Corporation,
Gilbane, Inc., PE-CEO-Data General Corp., PricewaterhouseCoopers, Cabot
Microelectronics Corp. E-Harvard, BA-MBA
Gregory L. Summe, US, CB-Global Buyout, Carlyle Group, Automatic Data
Processing, Inc., PE-Goldman Sachs Capital Partners, PerkinElmer, Inc.,
General Aviation Avionics, AlliedSignal (Honeywell International),
General Electric, McKinsey & Co. PC-Conference Board, E-University of
Kentucky, University of Cincinnati, Wharton School of the University of
Pennsylvania-MBA
Robert E. Weissman, US, CB-Pitney Bowes Inc., Information Services
Group, Inc., Cognizant Technology Solutions Corp., Shelburne
Investments, Nielsen Media Research Inc., Director of Gartner Group,
Inc., EntreCap Financial LLC, PE-IMS Health Inc., of Dun & Bradstreet
Corp., E-Babson College,
J. P. Morgan Chase & Co. – Assets management: $1.34 Trillion
James A. Bell, US, CB-The Boeing Company, PE-Rockwell, Dow Chemical,
PC- Trustee at Center for Strategic and International Studies Inc,
World Business Chicago, Chicago Economic Club, E-California State
University at Los Angeles.
Crandall C. Bowles, US, Springs Industries, Inc., Deere & Company of
Sara Lee Corporation, PE-Wachovia Corporation, PC-The Business Council,
Trustee-Brookings Institution, Global Research institute of UNC-Chapel
Hill, The Committee of 200, Economic Club of New York, The University
of North Carolina Press, E-Wellesley College, Columbia University-MBA,
Stephen B. Burke, US, CB-NBCUniversal, LLC, Comcast Corporation,
Berkshire Hathaway, PE-Walt Disney Company-ABC Broadcasting-President,
E-Colgate University, Harvard Business School-MBA,
David M. Cote, US, CB-Honeywell International Inc., Advisor-Kohlberg
Kravis Roberts & Co., PE-CEO-TRW Inc., General Electric, PC-Business
Roundtable, National Commission on Fiscal Responsibility and Reform,
U.S.-India CEO Forum, E-University of New Hampshire
James S. Crown, US, CB-Henry Crown and Company, General Dynamics
Corporation, Sara Lee Corporation, JPMorgan Chase Bank, N.A, Bank One
Corp., First Chicago NBD Corp., PE-Salomon Brothers Inc., Capital
Markets Service Group, Hillshire Brands Company, PC-World Business
Chicago, PEC Israel Economic Corp., The Aspen Institute-trustee,
University of Chicago-trustee, E-Hampshire College, Stanford University
Law School,
James Dimon, US, CB-CEO-JP Morgan Chase, PE-Citigroup Inc., Travelers
Group, Commercial Credit Company, American Express Company, PC-The
Federal Reserve Bank of New York, World Economic Forum-2013,
Trustee-New York University School of Medicine, E-Tufts University,
Harvard Business School-MBA,
Timothy P. Flynn, US, CB-Wal-Mart Stores, Inc., PE- KPMG LLP, PC-World
Economic Forum’s International Business Counsel, Business Roundtable,
Financial Accounting Standards Board, The Prince of Wales’
International Integrated Reporting Committee, E- University of St.
Thomas, St. Paul, Minnesota,
Ellen V. Futter, US, CB-Consolidated Edison, Inc., PE- President of
Barnard College, Milbank, Tweed, Hadley & McCloy, American
International Group Inc., Bristol-Myers Squibb Company, Viacom, AIG
Aviation Inc., CBS Inc., PC-Council on Foreign Relations, The American
Ditchley Foundation and NYC & Company, Federal Reserve Bank of New
York, President of the American Museum of Natural History, E-Barnard
College, Columbia Law School
Laban P. Jackson, Jr., US, CB- Clear Creek Properties, Inc., Gulf
Stream Home, Garden, Inc., TBN Holdings, PE-Home Depot, SIRVA, IPIX
Corporation, Bank One, PC-Federal Reserve Bank of Cleveland, E-United
States Military Academy
Lee R. Raymond Ph.D., US, CB-Advisor-Kohlberg Kravis Roberts & Co.,
Decision Sciences Corporation, PE-CEO- ExxonMobil, PC- Business Council
for International Understanding, National Petroleum Council, American
Enterprise Institute, Roundtable’s Policy Committee, The Business
Council, The Business Roundtable, Council on Foreign Relations.
President’s Export Council, National Petroleum Council, E-University of
Wisconsin, University of Minnesota-Ph.D. Chemical Enginnering,
William C. Weldon, US, CB-Chairman-Johnson & Johnson, PE-Korea McNeil,
Ltd, Ortho-Cilag Pharmaceutical, Ltd., Janssen Pharmaceutica, Ethicon
Endo-Surgery, PC- US-China Business Council, The Business Council,
Business Roundtable, Pharmaceutical Research and Manufacturers of
America, E-Quinnipiac University
Legal & General Group PLC (LGIMA) – Assets management: $598 Billion
John Morrison Stewart, Australian, CB-Chairman-Legal & General Group
PLC, Telstra Corporation, Court of the Bank of England,
PE-CEO-Woolwich, Deputy CEO-Barclays, National Australia Bank,
PC-Australian Federal Attorney General’s Business Advisory Group,
Scottish Enterprise’s International Advisory Board, Australian Prime
Minister’s Task Group on Emissions Trading, Business Council of
Australia, E-BA, ACII and FCIB Degrees
Nigel Wilson Ph.D., UK, CB-The Capita Group plc, PE-United Business
Media PLC, Halfords Group Plc, Dixons Group Plc, Guinness Peat Aviation
(G.P.A.), Stanhope Properties Plc, McKinsey & Co, Deloitte Haskins &
Sells,, E-Warwick University, MIT-Ph.D. Kennedy Scholar,
Mark Zinkula, US, CB-CEO-LIGMA, PE-Principal Financial Group, Cornell
College, PC-Investment Management Association, E-University of Iowa,
BA-MBA, London School of Economics.
Mark Gregory, UK, PE-Kingfisher Plc and ASDA. E Chartered Accountant
with PwC.
John Pollock, UK, E-Strathclyde University.
Henry Staunton, UK, CB-Standard Bank Plc, The Merchants Trust Plc, New
Look Retailers Limited and Capital & Counties Properties Plc., WH Smith
PLC, PE-Price Waterhouse, Media Ventures at ITV plc., Box clever
Technology, ITV Plc, Granada Group Plc, Ashtead Group Plc, EMAP PAP
Plc, Independent Television News Limited, Vector Hospitality Plc,
Ladbrokes Plc., New Look Group Limited, PC-Xfi Centre for Finance and
Investment, E-Exeter University
Mike Fairey, UK, CB-Horizon Acquisition Company Plc, Vertex Data
Science, Northern Rock Plc, Danske Bank AS, Vertex Group Limited,The
Energy Saving Trust Limited, Lloyds TSB Group Pension Trust
Ltd.-Chairman, PE-Deputy Group Chief Executive, Lloyds TSB Group Plc,
Barclays Bank, Northern Rock plc, PC-British Quality Foundation,
Trustee-Consumer Credit Counselling Service, E-AIB -Associate,
Chartered Institute of Bankers
Rudy Markham, UK, CB-Standard Chartered Plc United Parcel Service Inc,
UCL Partners Ltd, AstraZeneca Plc, Legal & General Group Plc, A Brain
Co., Ltd., JohnsonDiversey Holdings, Inc., CSM nv, PE-CEO-Unilever
Plc-Japan-Australia, PC- Financial Reporting Council, NHS Foundation
Trust, E- Christ’s College, Cambridge University MS-Natural Sciences
Stuart Popham, UK, CB-EMEA Banking for Citigroup Inc, Legal & General
Insurance, The Barbican Centre Trust, PE-Senior Partner of Clifford
Chance LLP, PC- Confederation of British Industry’s (CBI), Royal
Institute of International Affairs, Chairman of City UK, Advisor-Saïd
Business School-University of Oxford, Council of the RNLI, Birkbeck
University of London, Member of Chatham House, London Council of the
CBI-Chair, E Southampton University-Law
Nick Prettejohn, UK, CB- Brit Insurance Limited, Legal & General Group
Plc, Egg Plc., Brit Insurance Holdings N.V. PE-Chief Executive of
Lloyd’s of London, CEO-Prudential UK & Europe, Prudential Plc., Bain
and Company, Director of Anglo & Overseas PLC, PC-Oxford Union Society,
Financial Services Practitioner Panel, E- Taunton School, Somerset,
Balliol College, Oxford
Julia S. Wilson, UK, CB-3i Group plc, PE-3i Group plc, Finance at Cable
& Wireless Communications Plc., Arthur Anderson, Hanson PLC , Tomkins
PLC., PC-ICAEW The Institute of Chartered Accountants in England and
Wales (ACA), Chartered Institute of Taxation. E-University of Surrey
Lindsay Tomlinson, UK, CB- BlackRock Advisors (UK) Limited. PE-Barclays
Global Investors, BZW Asset Management, Provident Mutual, Woolwich Unit
Trust Managers Ltd, PC-Chairman of the Code Committee of the Takeover
Panel, Limited Chairman of the UK’s National Association of Pension
Funds, Investment Management Association-Chair, Financial Reporting
Council, National Association of Pension funds-NAPF, Investment
Council, E-Cambridge University
Vanguard Group Inc. – Assets management: $2.1 Trillion
F. William McNabb III, US, PC-Investment Company Institute’s Board of
Governors. Zoological Society of Philadelphia, United Way of Greater
Philadelphia and Southern New Jersey, E- Dartmouth College,
M.B.A.-Wharton School of the University of Pennsylvania.
Emerson U. Fullwood, US, CB-Minett Professor at the Rochester Institute
of Technology, North Carolina A&T University, SPX Corporation,
Amerigroup Corporation, PE-Xerox Corporation, General Signal
Corporation, PC-United Way of Rochester, University of Rochester
Medical Center, Monroe Community College Foundation, Urban League,
Colgate Rochester Crozier Divinity School, E-North Carolina State
University, Columbia University-MBA
Rajiv L. Gupta, India-US, CB-New Mountain Capital, Delphi Automotive
LLP, Tyco International, Ltd., Hewlett-Packard Company,
PE-President-Rohm and Haas Co., Scott Paper Company, Ducolite
International, PC-The Conference Board-Trustee, American Chemistry
Council, Society of Chemical Industry, Drexel University-Trustee, E-
Indian Institute of Technology, Cornell University, Drexel
University-MBA
Amy Gutmann Ph.D., US, CB- President of the University of Pennsylvania,
PC- Carnegie Corporation of New York, National Commission on the
Humanities and Social Sciences. National Constitution Center-Trustee,
Presidential Commission for the Study of Bioethical Issues, Global
Colloquium of the University Presidents-advisors to the Secretary
General of the U.N., E-Harvard-Radcliffe College, London School of
Economics, Harvard University-Ph.D. Political Science
JoAnn Heffernan-Heisen, US, CB-Skytop Lodge Corporation, PE-Johnson &
Johnson, Primerica Corporation. Kenmill Textile Corporation, Chase
Manhattan Bank, PC-Robert Wood Johnson Foundation, University Medical
Center at Princeton, Maxwell School of Citizenship and Public Affairs
at Syracuse University, Center for Talent Innovation, E- Syracuse
University
F. Joseph Loughrey, US, CB-Hillenbrand, Inc., SKF AB, PE- Cummins Inc.,
PC- National Association of Manufacturers, Kellogg Institute for
International Studies at the University of Notre Dame, Chicago Council
on Global Affairs, Lumina Foundation for Education, Oxfam America,
E-University of Notre Dame,
Mark Loughridge, US, CB-CFO-IBM, IBM’s Retirement Plan Committee, IBM
Credit LLC., E-Stanford University, University of Chicago-MBA, Ecole
Nationale Superieure de Mecanique in Nantes, France,
Scott C. Malpass, US, CB-Manager-Notre Dame’s $3.5 billion endowment,
PE-St. Joseph Capital Corp. The Bank of New York Mellon, Irving Trust
Company, PC- Round Table Healthcare Management, LLC., The Investment
Fund for Foundations, E-University of Notre Dame-BA-MBA
André F. Perold, US-South Africa, CB-HighVista Strategies, Rand
Merchant Bank, PE- Professor of Finance and Banking at the Harvard
Business School, Author-The Global Financial System: A Functional
Perspective, 1995, E-University of the Witwatersrand, Johannesburg,
Stanford University Ph.D.,
Alfred M. Rankin, Jr., US, CB-CEO- NACCO Industries, Goodrich Corp.,
Hamilton Beach Brands, Inc., The Kitchen Collection, LLC, The North
American Coal Corporation, PE-Eaton, McKinsey and Company, Standard
Products Co., Reliance Electric Company, PC- National Association of
Manufacturers, Federal Reserve Bank of Cleveland-Chairman, E-Yale-BA-JD,
Peter F. Volanakis, US, CB- SPX Corporation, CCS Holding, Inc.,
PE-CEO-Corning Incorporated, PC-Overseer School of Business
Administration at Dartmouth College, E- Dartmouth College-BA-MA,
UBS AG – Assets management: $2.3 Trillion
Axel A. Weber Ph.D., German, PE-German Bundesbank-President, Professor
for international economics University of Cologne, Professor for
monetary economics Goethe University, PC-European Central Bank, Bank
for International Settlements, International Monetary Fund, G7, G20,
World Economic Forum-2013, European Systemic Risk Board, Financial
Stability Board, German Council of Economic Experts, E-University of
Constance, University of Siegen-Ph.D.
Michel Demaré, Belgian, CB-ABB-CFO, Syngenta AG, Global Markets,
PE-Baxter International Inc., Dow Chemical Company, Continental
Illinois National Bank of Chicago, PC-IMD Foundation, E-Université
Catholique de Louvain, Katholieke Universiteit Leuven- Belgium-MBA
David Sidwell, US-UK, CB-Apollo Global Management-AGM LLC, MSCI Inc.
Oliver Wyman, PE-Morgan Stanley-CFO, Investment Bank, J.P. Morgan & Co.
Inc., PricewaterhouseCoopers, PC-Director of Fannie Mae, National
Council on Aging, Federal National Mortgage Association, International
Accounting Standards Committee Foundation, E-Cambridge University,
Institute of Chartered Accountants in England and Wales
Rainer-Marc Frey, Swiss, CB- Horizon21 AG, DKSH Group, PE-RMF
Investment Group-CEO, Man Group plc, Invision Private Equity AG.,
Salomon Brothers, Merrill Lynch, Capital Dynamics AG, PC-World Economic
Forum-2013, Frey Charitable Foundation, Freienbach, E-University of St.
Gallen
Ann F. Godbehere, UK-Canada, CB-AllSource Global Management AGM-LLC.,
Prudential plc, Rio Tinto, Rio Tinto Limited, Atrium Underwriters Ltd.,
Atrium Underwriting Group Ltd., Arden Holdings Ltd., Bermuda. British
American Tobacco plc., PE-Northern Rock-CFO, Swiss Re Group-CFO, Sun
Life Financial, Canada) E- Certified General Accountants Association of
Canada
Axel P. Lehmann Ph.D., Swiss, Zurich Financial Services, Farmers Group,
Inc., PE- Zurich American Insurance Company-CEO, Swiss Life in Zurich,
PC-World Economic Forum-2013, International Financial Risk Institute
Foundation, Economiesuisse, E- University of St. Gallen, Wharton
Advanced Management Program-MBA-Ph.D. Post-grad-Harvard Business
School, Arizona State University
Wolfgang Mayrhuber, Austrian, CB-Infineon Technologies AG, Munich Re
Group, BMW Group, Lufthansa Technik AG, Austrian Airlines AG., HEICO
Corporation, PE- Deutsche Lufthansa AG-CEO, PC-Acatech (Deutsche
Akademie der Technikwissenschaften), American Academy of
Berlin-Trustee, Technical College in Steyr, Austria, E-Bloor Collegiate
Institute in Canada-Mechanical Engineer, Massachusetts Institute of
Technology-Management Training
Helmut Panke Ph.D., German, CB-Microsoft Corporation, Singapore
Airlines Ltd., Bayer AG., PE-BMW Group-CEO, McKinsey & Company, E-
University of Munich, Swiss Institute for Nuclear Research_Ph.D.
William G. Parrett, US, CB-Eastman Kodak Company, the Blackstone Group
LP, Thermo Fisher Scientific Inc., PE-Deloitte Touche Tohmatsu-CEO,
PC-United States Council for International Business, United Way
Worldwide, E-St. Francis College, NY-CPA,
Isabelle Romy Ph.D., Swiss, CB-Law Professor-University of Fribourg,
Federal Institute of Technology in Lausanne (EPFL), SIX Swiss Exchange,
PE-Swiss Federal Supreme Court, Boalt Hall School of Law, University of
California, E- University of Fribourg-Ph.D., University of Lausanne-Law
JD,
Beatrice Weder de Mauro Ph.D., Swiss-Italian, CB-Professor of
Economics-Johannes Gutenberg University of Mainz, Roche Holding Ltd.,
Basel, ThyssenKrupp AG, Essen, Deutsche Investitions- und
Entwicklungsgesellschaft, Köln, PE-International Monetary Fund (IMF),
National Bureau of Economic Research, Centre for Economic Policy
Research in London, World Bank, PC-Federal Reserve Board-NY, World
Economic Forum 2013, German Council of Economic Experts, E-Cambridge,
MA, Harvard University, University of Basel-Ph.D.
Joseph Yam Chi-kwong,, Hong Kong, CB-China Society for Finance and
Banking-VP, Advisor- People’s Bank of China, China Construction Bank,
Macroprudential Consultancy Limited, Johnson Electric Holdings
Limited., PE-Hong Kong Monetary Authority-CEO, PC-Global Economics and
Finance at the Chinese University of Hong Kong, Hong Kong Institute of
Bankers, China Society for Finance and Banking, E-St. Paul’s College,
University of Hong Kong
Luzius Cameron Ph.D., Swiss and Australian, PE-Investment Bank Warburg
Dillon Read, Global Rates Business in Zurich, Swiss Bank Corporation,
Institute of Astronomy at the University of Basel and European Southern
Observatory, E-University of Basel-Ph.D. Astrophysics,
Sergio P. Ermotti, Swiss, CB-CEO-UBS AG, Bayerische Hypo- und
Vereinsbank AG, Bank Austria Wohnbau Gewinnscheine. PE-UniCredit,
Milan, Bank Polska Kasa Opieki Spolka Akcyjna , Merrill Lynch, Darwin
Airline SA, Corner Bank SA, Citibank, BofA Merrill Lynch, PC-London
Stock Exchange Group, World Economic Forum 2013, E-Oxford University,
Swiss Certified Banking Expert
Bank of America/Merrill Lynch – Assets management: $2.3 trillion
Charles O. Holliday, Jr., US, CB-DuPont Qualicon Inc.-CEO, Royal Dutch
Shell plc, CH2M HILL Companies, Ltd, John Deere Credit Company, Pioneer
Hi-Bred International Inc., HCA Inc., Lafarge SA., PE-EI DuPont de
Nemours & Co.-CEO, Catalyst Inc., PC-The Business Roundtable, World
Business Council for Sustainable Development, Business Council, Society
of Chemical Industry, International Business Council, National
Infrastructure Advisory Council, National Infrastructure Advisory
Council, E-University of Tennessee-Engineering,
Susan S. Bies Ph.D., US, CB- Horizon National Corp.-VP, Zurich
Financial Services AG, PE- Professor of Economics, Rhodes College
Professor of Economics at Wayne State University, PC- Securities and
Exchange Commission, Board of Governors of the Federal Reserve System,
Federal Reserve Bank of St. Louis, Financial Accounting Standards
Board, Financial Executives Institute, End Users of Derivatives
Association, American Bankers Association, Bank Administration
Institute, American Economic Association, Institute of Management
Accountants, International Women’s Forum, American Economic
Association, E-State University College at Buffalo, Northwestern
University-Ph.D.
Frank P. Bramble, Sr, US, CB-MBNA Corp., Constellation Energy Group
Inc., Lecturer-Towson University, PE-Maryland National Bank, MNC
Financial Inc., Allfirst Financial Inc., Allfirst Bank-CEO, Allied
Irish Banks, p.l.c, Wilmington Trust Retirement and Institutional
Services Company, E-Towson University
Arnold W. Donald, US, CB-Atlas Holdings LLC., Wind Point Partners.,
Russell Brands, LLC, Carnival plc, Crown Holdings, Bridgewell Resources
LLC., BJC Health System, Inc., BMO Financial Corp., PE- Monsanto
Company-VP, TransCanada Corp.-CEO, Merisant Company-CEO, Tabletop
Holdings-CEO, Bank of Montreal, Harris Financial Corporation, Efficas,
Inc. Scotts Miracle-gro Co., Belden Inc., The Laclede Group Inc., DHR
International, Inc., Oil-Dri Corp., Global Velocity Inc., PC- Boards of
Carleton College & Washington University, Grocery Manufacturers of
America, United States Russia Business Council, Eurasia Foundation,
President’s Export Council, Kennedy School of Government-Dean’s
Council, E-Washington University, Carleton College, University of
Chicago Graduate-MBA,
Charles K. Gifford, US, CB-FleetBoston Financial Corp.-CEO,
Massachusetts Mutual Life Insurance Co., Stone Canyon Venture Partners,
LP., CBS Corporation, PE- BankBoston, N.A., PC-Presiding Trustee at
NSTAR, Trustee of Northeast Utilities, Trustee of Northeastern
University, WGBH Public Broadcasting, E-Princeton University
Monica C. Lozano, US, CB-ImpreMedia, LLC. S, CEO-Publisher-La Opinión
L.P., Lozano Communications, Inc., The Walt Disney Co., UnionBanCal
Corporation, SunAmerica Asset Management Corporation, PE-Tenet
Healthcare Corp., PC-Council on Foreign Relations, Trustee of the
University of Southern California, Regent-University of California,
California HealthCare Foundation, The Rockefeller Foundation, National
Council of La Raza, President’s Council on Jobs and Competitiveness,
E-University of Oregon
Thomas J. May, US, CB-CEO-President Northeast Utilities, NSTAR Electric
& Gas Corporation, NSTAR Communications, Inc., BEC Funding II, L.L.C.,
Connecticut Light and Power Company, Public Service Company of New
Hampshire, Liberty Mutual Holding Company, Inc., Liberty Financial
Companies Inc., New England Business Service Inc., DELUXEPINPOINT,
PE-Cambridge Electric Light Company-CEO, Boston Edison Company-CEO,
Bankboston Corp., RCN Corporation, PC-Financial Executives
International, E-Stonehill College, Bentley College-MS Finance, Harvard
Business School’s Advanced Management Program
Brian T. Moynihan, US, CB-CEO-President-BofA, Chairman of Merrill Lynch
& Co Inc., General Partner of BofA Merrill Lynch Preferred Capital
Trust III, BofA Merrill Lynch Preferred Capital Trust IV, BofA Merrill
Lynch Preferred Funding V LP and BofA Merrill Lynch Preferred Funding
IV LP, BlackRock Inc., PC-Brown University-Trustee, E-Brown University,
University of Notre Dame Law School-JD, Miami University-MA,
Lionel L. Nowell, US, CB-Pepsico, Inc.-VP, Reynolds American Inc.,
American Electric Power Service Corporation, AEP Texas Central Company,
PE-RJR Nabisco, Inc., Diageo PLC, Pillsbury North America-CFO, Pizza
Hut, Church & Dwight Co. Inc., Bottling Group, LLC, PC-Executive
Leadership Council, Financial Executive Institute, American Institute
of Certified Public Accountants, E-Ohio State University
Sharon Allen, US, PE-Deloitte LLP, Deloitte Touche Tohmatsu Limited,
Catalyst, Inc., PC-National Board of the YMCA-Chair, President’s Export
Council, Women’s Leadership Board at the John F. Kennedy School of
Government at Harvard, E- University of Idaho
Jack Bovender, US, CB-HCA Holdings, Inc., HCA Realty, Inc., EP Health,
LLC, Montgomery Regional Hospital, Inc., Brookwood Medical Center of
Gulfport, VH Holdings Inc. and Women’s and Children’s Hospital, Inc.,
PE-HCA Inc.-CEO, Tennessee Valley Ventures, L.P. PC-Business Council,
Committee for the Preservation of Capitalism, American Hospital
Association and the Federation of American Healthcare SystemsDuke
University-Trustee, E- Duke University-BA-MA,
Linda Parker Hudson, US, CB-BAE Systems Inc.,-CEO, Tanzania at BAE, PE-
General Dynamics Corp., Martin Marietta, Lockheed Martin, Ford
Aerospace, Harris Corporation, PC-Aerospace Industries
Association-Board, International Women’s Forum and C200 E-University of
Florida-Engineering
David Yost, US, CB-AmerisourceBergen Corp.-CEO, Exelis, Inc., Tyco
International Ltd., Marsh & McLennan Companies, Inc., HP Enterprise
Services, LLC, Aetna Inc., PC- International Federation of
Pharmaceutical Wholesalers, University of Pennsylvania-Trustee,
E-United States Air Force Academy, University of California at Los
Angeles-MBA,
Credit Suisse Group AG – Assets management: $1.8 Trillion
Urs Rohner, Swiss, PE-ProSiebenSat.1 Media AG, Unterfoehring, Lenz &
Staehelin, Attorneys at Law, Zurich, Sullivan & Cromwell LLP, New York,
PC-Institute for International Finance, World Economic Forum 2013,
Institute International d’Etudes Bancaires, E-University of Zurich,
Peter Brabeck-Letmathe, Austrian, CB-Chairman-Nestlé SA L’Oréal SA,
Paris, Exxon Mobil Corporation, Delta Topco (Formula 1), PC-World
Economic Forum 2013, European Round Table of Industrialists,
E-University of World Trade, Vienna.
Jassim Bin Hamad J.J. Al Thani, Qatar, CB-Chairman-Qatar Islamic Bank,
QInvest, Damaan Islamic Insurance Co. (BEEMA); Q-RE LLC, CEO-Al Mirqab
Capital LLC, Qatar, Qatar Navigation Company, Qatar Insurance Company,
Arcapita Bank, Bahrain, E-Royal Military Academy in England.
Iris Bohnet, Swiss, PC-World Economic Forum, Professor of Public Policy
at the Harvard Kennedy School, Massachusetts, Academic Dean of the
Harvard Kennedy School, Haas School of Business at the University of
California at Berkeley, Advisory Board of the Vienna University of
Economics and Business Administration, E-University of Zurich
Noreen Doyle, US, CB-Newmont Mining Corporation, QinetiQ Group Plc.,
Rexam Plc, Macquarie European Infrastructure Fund, Macquarie
Renaissance Infrastructure Fund, PE-European Bank for Reconstruction
and Development (EBRD) Bankers Trust Company, PC-Women in Banking and
Finance in London E-College of Mount Saint Vincent, New York, Dartmouth
College-MBA, Marymount International School, London
Jean-Daniel Gerber, Swiss, CP-Lonza Group, Swiss Investment Fund,
PC-World Bank Group, World Trade Organization, Economic and Financial
Affairs at the Swiss Embassy in Washington D.C. Swiss Swiss Federal
Council to State Secretary, State Secretariat for Economic Affairs,
Swiss Federal Office of Migration (1994 to 2004), E-University of
Berne, Switzerland,
Walter B. Kielholz, Swiss, CB- Corsair Capital Ltd. Avenir Suisse,
PE-General Reinsurance Corporation, Zurich, PC-World Economic Forum
2013 International Business Council, European Financial Services
Roundtable, Monetary Authority of Singapore, Advisory Council of the
Mayor of Shanghai, Credit Suisse Research Institute, E-University of
St. Gallen, Switzerland,
Andreas N. Koopmann, Swiss, CB-Georg Fischer AG, CSD Group, Nestlé SA,
Alstom (Suisse) SA, PE-Bobst Group S.A., Swiss Federal Institute of
Technology, International Institute for Management Development (IMD),
PC-Swissmem-Association of Swiss Mechanical and Electrical Engineering
Industries
Jean Lanier, French, PE-Euler Hermes, Pargesa Group Lambert Brussells
Paribas Group, PC-La Fondation Internationale de l’Arche, Ecole
Centrale des Arts et Manufactures, Paris, E-Cornell University,
Awards-Chevalier de la Légion d’Honneur in France
Kai S. Nargolwala, Singapore, CB-Singapore Telecommunications Ltd,
Prudential Plc., Clifford Capital Pte. Ltd, Duke-NUS Graduate Medical
School of Singapore, PE-Bank of America, Peat Marwick Mitchell & Co.,
E-University of Delhi,
Anton van Rossum, Dutch, CB-Fortis, Royal Vopak NV, Solvay SA PE-
McKinsey and Company, PC-Netherlands Economics Institute, American
European Community Association, European Roundtable of Financial
Services, E-Erasmus University-BA-MBA
Richard E. Thornburgh, US, CB-Corsair Capital, Credit Suisse First
Boston, Reynolds American Inc., Winston-Salem, McGraw-Hill, New Star
Financial Inc., PE-First Boston Corporation, E-University of
Cincinnati, Harvard Business School-MBA Finance
John Tiner, UK, CB-Lucida plc, Friends Life, Corsair Capital, PE-FSA,
PC-Committee of European Insurance and Occupational Pensions
Regulators, European Securities Regulators E-Kingston University,
Awards-2008-Commander of the British Empire
Allianz SE (Owners of PIMCO) – Assets Management; $ 2.3 Trillion
and
PIMCO-Pacific Investment Management Company – Assets Management; $1.8
Trillion
Michael Diekmann, German, CB-Allianz SE (CEO) Siemens AG, BASF Wall
Systems Inc., Lufthansa AG PE- Dresdner Bank AG, Linde AG, BASF SE.,
Riunione Adriatica Di Sicurta Spa, PC-World Economic Forum 2013, Geneva
Association; European Financial Services Round Table (EFR), EVIAN
(Franco-German Roundtable), International Business Leaders Advisory
Council for the Mayor of Shanghai (IBLAC), Pan-European Insurance Forum
(PEIF), Stifterverband für die Deutsche Wissenschaft, Monetary
Authority of Singapore (MAS), E-Göttingen University
Oliver Bäte, German, CB-Allianz SE-CFO, PE-Westdeutsche Landesbank,
McKinsey & Company, New York, Professor at University of Cologne,
German Air Force, PC- Chairman of CFO Forum, E-University of Cologne,
New York University-MBA.
Manuel Bauer, German, PE-Zagrebacka Banka D.D., Bajaj Allianz Life
Insurance Company Ltd., ROSNO Group, E-Technical Engineering
College-Vienna.
Gary C. Bhojwani, India, PE-Intercargo Corporation & Intercargo
Insurance; Trade Insurance Services, Avalon Risk Management-CEO,
Fireman’s Fund Insurance Company, Lincoln General Insurance
Company-CEO, E-University of Illinois at Champaign-Urbana, University
of Chicago-MBA.
Clement B. Booth, South Africa, CB-ACORD Corporation, PE- Chairman and
CEO, Aon Re International, London, PC-Director of Association of
British Insurer, E- University of Witwatersrand Business
School-Executive Development Program
Dr. Helga Jung, German, CB-UniCredit S.p.A. PE-Professor at the
University of Augsburg, E-University of Augsburg, Administration
Doctorate.
Christof Mascher JD, Austrian, E-University of Vienna, University of
Innsbruck-Doctorate Law.
Jay Ralph, US, PE-Arthur Andersen & Company, Northwestern Mutual Life
Insurance Company, Centre Re Bermuda Ltd., Zurich Re, Fireman’s Fund
Insurance Company. E- University of Wisconsin, University of
Chicago-MBA Finance.
Dieter Wemmer Ph.D., Hope you are doing well.
Werner Zedelius Ph.D., German, CB-Europe General Insurance-CFO,
PE-Zurich Financial Services AG-CFO, Zurich Re, Agrippina, Zurich
Versicherung Aktiengesellschaft, Oxford, PC-Economiesuisse E-University
of Cologne-Ph.D. Mathematics.
Maximilian Zimmerer Ph.D., German, CB-Allianz Dresdner Bauspar AG,
Allianz Immobilien GmbH and Hauck & Aufhäuser Banquiers Luxembourg
S.A., PE-Dresdner RCM Global Investor, Landesbank Baden-Wuerttemberg,
PC-Federal Finance Ministry, World Economic Forum 2013, German Equity
Institute, Bundesanstalt für Finanzdienstleistungsaufsicht (Federal
Security Authority) E-University of Cologne-Law.
— –
Peter Phillips is professor of sociology at Sonoma State University and
president of Media Freedom Foundation/Project Censored.
Brady Osborne is a senior level research associate at Sonoma State
University.
Sonoma State University’s Kimberly Soeiro, Katelyn Clatty, and Garrett
Lyons provided research assistance with this study. Portions of the
literature review in this chapter were previously published in earlier
Censored yearbooks.
Notes:
1. See G. William Domhoff, Who Rules America?, 5th ed. (New York:
McGraw Hill, 2006), and Peter Phillips, [“A Relative Advantage:
Sociology of the San Francisco Bohemian Club,” 1994,->http://library.sonoma.edu/regional/faculty/phillips/bohemianindex.php.]
2. Early studies by Charles Beard, published as An Economic
Interpretation of the Constitution of the United States (1913),
established that economic elites formulated the US Constitution to
serve their own special interests. Henry Klein, in a 1921 book entitled
Dynastic America and Those Who Own It, argued that wealth in America
had power never before known in the world and was centered in the top 2
percent of the population, which owned some 60 percent of the country.
In 1937, Ferdinand Lundberg published America’s Sixty Families, which
documented intermarrying, self-perpetuating families, for whom wealth
was the “indispensable handmaiden of government.” In 1945, C. Wright
Mills determined that nine out of ten business elites from 1750 to 1879
came from well-to-do families (“American Business Elites,” Journal of
Economic History, December 1945).
3. See Robert A. Brady, Business as a System of Power (New York:
Columbia University Press, 1943); and Val Burris, [“Elite Policy
Planning Networks in the United States,” Research in Politics and
Society, 4th ed. Gwen Moore and J. Allen Whitt (Greenwich, Connecticut:
JAI Press, 1992), 111134,->http://pages.uoregon.edu/vburris/policy.pdf.]
4. C. Wright Mills, The Power Elite (New York: Oxford University Press,
1956).
5. See Michael Soref, “Social Class and Division of Labor within the
Corporate Elite,” Sociological Quarterly 17 (1976); and two works by
Michael Useem: “The Social Organization of the American Business Elite
and Participation of Corporation Directors in the Governance of
American Institutions,” American Sociological Review 44 (1979), and The
Inner Circle (New York: Oxford University Press, 1984).
6. Thomas Koenig and Robert Gogel, “Interlocking Corporate
Directorships as a Social Network,” American Journal of Economics and
Sociology 40, no. 1 (1981); and Peter Phillips, “The 193435 Red Threat
and the Passage of the National Labor Relations Act,” Critical
Sociology 20, no. 2 (1994).
7. For a discussion of principals inside the HCPE who pursue US
military domination of the world as their key agenda, see Peter
Phillips, Bridget Thornton, and Celeste Vogler, [“The Global Dominance
Group: 9/11 Pre-Warnings & Election Irregularities in Context,”->http://www.projectcensored.org/top-stories/articles/the-global-dominance-group.]
8. Leslie Sklair, The Transnational Capitalist Class (Oxford, UK:
Blackwell, 2001).
9. [Leslie Sklair, “The Transnational Capitalist Class and the Discourse
of Globalization,” Cambridge Review of International Affairs 14, no. 1,
(2000), 6785,->http://www.lse.ac.uk/collections/globalDimensions/globalisation/theTransnationalCapitalistClassAndTheDiscourseOfGlobalization.]
10. William I. Robinson, A Theory of Global Capitalism: Production,
Class, and State in a Transnational World (Baltimore: John Hopkins
University Press, 2004).
11. Ibid., 155156.
12. David Rothkopf, SuperClass: The Global Power Elite and the World
They are Making (New York: Farrar, Straus, and Giroux, 2008).
13. Peter Dale Scott, American War Machine, Deep Politics, the CIA
Global Drug Connection, and the Road to Afghanistan (Lanham, MD: Rowman
& Littlefield Publishers, 2010). See also Censored story #22, “Wachovia
Bank Laundered Money for Latin American Drug Cartels,” Censored 2013:
Dispatches from the Media Revolution, Mickey Huff and Andy Lee Roth
with Project Censored (New York: Seven Stories Press, 2012), 6668.
14. David Rothkopf, Superclass, Public Address: Carnegie Endowment for
International Peace, April 9, 2008.
15. [“Defense Against Terrorism Programme of Work (DATPOW),” North
Atlantic Treaty Organization, September 24, 2012,->http://www.nato.int/cps/en/SID-EBFFE857-66071109D/natilive/topics_50313.htm?selectedLocale-en.]
16. Nazemroaya, Mahdi Darius, The Globalization of NATO (Atlanta:
Clarity Press, 2012).
17. William K. Carroll, The Making of a Transnational Capitalist Class:
Corporate Power in the 21st Century (London and New York: Zed Books,
2010).
18. [Stefania Vitali, James B. Glattfelder, and Stefano Battiston, “The
Network of Global Corporate Control,” PLoS ONE, October 26, 2011,->http://www.plosone.org/article/info%3Adoi%2F10.113711%2Fjournal.phone.0025995.]
See also Censored story #6, “Small Network of Corporations Run the
Global Economy,” Censored 2012, 6970.
19. More details on this University of Zurich study, and the list of
the top twenty-five of the 147 super-connected companies, is printed in
full in Mickey Huff and Andy Roth with Project Censored, Censored 2013,
247248.
20. Vitali, et al., “Network of Global Corporate Control.”
21.[ “The Top Asset Management Firms 2012, Banks around the World,” June
30, 2012,->http://www.relbanks.com/rankings/largest-asset-managers.]
22. “Barclays Total Assets: 2.426T for Dec. 31, 2012,”
23. See the Censored News Cluster, “Iceland, the Power of Peaceful
Revolution, and the Commons,” in this volume, for coverage of Iceland
as a notable exception to the international trend of banks not being
held accountable for systemic misconduct.
24. [Dylan Murphy, “Money Laundering and The Drug Trade: The Role of the
Banks,” Global Research, May 7, 2013,->http://www.globalresearch.ca/money-laundering-and-the-drug-trade-the-role-of-the-banks/5334205.]
See also Scott, American War Machine.
25. Ibid.
26. [Kylie MacLellan and Matthew Tostevin, “Factbox: Banks drawn into
Libor rate-fixing scandal,” Reuters, July 11, 2012,->http://www.reuters.com/article/2012/07/111/us-banking-libor-panel-idUSBRE86A0P020120711.]
27. [“Barclays Fined for Attempts to Manipulate Libor Rates,” BBC News,
June 27, 2012,->http://www.bbc.co.uk/news/buisness-18612779.]
28. [Matthew Leising, Lindsay Fortado and Jim Brunsden, “Meet ISDAfix,
the Libor Scandal’s Sequel,” April 18, 2013, Bloomberg Businessweek,->http://businessweek.com/articles/2013-04-118/meet-isdafix-the-libor-scandes-sequel.]
29. [Dan Margolies and Ross Kerber, “Vanguard Sued again for ‘Illegal
Gambling’ Investments,” Reuters, April 8, 2010,->http://www.reuters.com/article/2010/04/08/vanguard-lawsuit-idUSN0818833420100048.]
30. [Matt Taibbi, “Everything is Rigged: The Biggest Price-Fixing
Scandal Ever,” Rolling Stone, April 25, 2013,->http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425.]
31. John Rudolf and Chris Kirkham,[ “Gunmaker Investments Under Review
By California Teachers’ Fund After Newton Massacre,” Huffington Post
Business, December 18, 2012,->http://huffingtonpost.com/2012/12/118/gunmaker-investments-newton_n_2325323.html.]
32. [Yasha Levine, “Exposed: The Billionaire-Backed Group Strong-Arming
Parents into Destroying Their Kids’ Public Schools,” AlterNet, April
26, 2013,->http://www.alternet.org/education/exposed-billionare-backed-group-strong-arming-parents-destorying-their-kids-public]
On efforts to privative public education, see also, Adam Bessie,
“GERM Warfare: How to Reclaim the Education Debate from Corporate
Occupation,” Censored 2013, 271296.
33. [Tyler Durgen, “A Detailed Look at Global Wealth Distribution,” Zero
Hedge, October 11, 2010,
>http://www.zerohedge.com/article/detailed-look-global-wealth-distribution.]
34. [“World Bank Sees Progress Against Extreme Poverty, but Flags
Vulnerabilities,” The World Bank, February 29, 2012,->http://www.worldbank.org/en/news/press-release/2012/02/29/world-bank-sees-progress-against-extreme-poverty-but-flags-vulnerabilities]
35. Mark Ellis, “The Three Top Sins of the Universe,”
36. Please see
http://projectcensored.org/financial-core-of-the-transnational-corporate-class/ for a searchable chart of the members of the superclass.
37. On the heritage of the commons, see http://www.fairsharecommonheritage.org
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