Kissinger Associates

Kissinger Associates, Inc.
Formation 1982 (1982)
Founder Henry Kissinger
Headquarters New York City
Services Geopolitical advisory services
Formerly called
Kissinger McLarty Associates

Kissinger Associates, Inc. is a New York City-based international geopolitical consulting firm, founded and run by Henry Kissinger in 1982. The firm assists its clients in identifying strategic partners and investment opportunities and advising them on government relations.

History

The firm was founded in 1982 by Henry Kissinger. In 1999 Mack McLarty joined Kissinger to open Kissinger McLarty Associates, the firm's office on Eighteenth and Pennsylvania streets in Washington, D.C.[1] McLarty was White House Chief of Staff under Bill Clinton. Kissinger McLarty is a corporate member of the Council of the Americas, the New York-based business organization established by David Rockefeller in 1965.[1] As of January 2008, the two firms have separated and McLarty Associates, headed by Mack McLarty, is an independent firm based in Washington.[2]

Kissinger Associates is located in River House on Park Avenue at Fifty-first Street, in a building also occupied by Peter Peterson's Blackstone Group.[3] It was established in July 1982 after loans had been secured from Goldman Sachs and a consortium of three other banks. These loans were repaid in two years; by 1987 annual revenues had reached $5 million.[3]

Kissinger Associates doesn’t disclose its clients under U.S. lobbying laws. The firm once threatened to sue Congress to resist a subpoena for its client list. It has in the past advised American Express, Anheuser-Busch, Coca-Cola, Daewoo, Midland Bank, H. J. Heinz, ITT Corporation, LM Ericsson, Fiat, and Volvo.[4] But the firm does belong to the U.S.–Russia Business Council, a trade group that includes ExxonMobil, JPMorgan Chase, and Pfizer.[5]

Organization

Associated organizations

Kissinger Associates has had strategic alliances with several firms, including:

Prominent staff

Directors

Clients

Kissinger Associates does not disclose its list of corporate clients, and reportedly bars clients from acknowledging the relationship.[16] However, over time details from proxy statements and the tendency of senior businessmen to talk about their relationship with Kissinger have leaked out and a number of major corporate clients have been identified.[18]

The secrecy of their corporate client list has caused problems where Kissinger or a member of his staff were called to public service. In 1989, George H. W. Bush nominated Lawrence Eagleburger as his Deputy Secretary of State. Congress required that Eagleburger disclose the names of 16 clients, some of which were his through his Kissinger Associates affiliation.[19] Later, Kissinger himself was appointed chairman of the National Commission on Terrorist Attacks Upon the United States by George W. Bush. Congressional Democrats insisted that Kissinger disclose the names of clients. Kissinger and President Bush claimed that such disclosures were not necessary, but Kissinger ultimately stepped down, citing conflicts of interest.

A selected list of the more notable companies (from over two dozen in total) since 1982;[18] his directorships where applicable; and some countries where known advice/contacts were used:

References

  1. 1 2 "Council of the Americas Member: Kissinger McLarty Associates". Council of the Americas. Archived from the original on 2007-02-23.
  2. http://www.maglobal.com maglobal.com
  3. 1 2 Isaacson, Kissinger, p.732.
  4. Jeff Gerth; Sarah Bartlett (30 April 1989). "Kissinger and Friends And Revolving Doors". New York Times. Retrieved 12 February 2018.
  5. Nahal Toosi; Isaac Arnsdorf (24 December 2016). "Kissinger, a longtime Putin confidant, sidles up to Trump". Politico. Retrieved 11 February 2018.
  6. "Kissinger Associates, APCO Join in Strategic Alliance". APCO Worldwide. October 12, 2004.
  7. "Strategic alliances". the Blackstone Group. ,
  8. http://ir.aigcorporate.com/phoenix.zhtml?c=76115&p=irol-newsArticle&ID=231037&highlight
  9. Andrew Edgecliffe-Johnson (April 10, 2001). "Survey - Corporate Security: The top players in intelligence industry". Financial Times.
  10. Sarasohn, Judy (October 2, 2003). "Making an Alliance Official". Washington Post.
  11. John Kerry & Hank Brown. "BCCI and Kissinger Associates". The BCCI Affair. United States Congress.
  12. "Bio", Federal Reserve Bank of Dallas
  13. Schwartz, Mattathias (June 27, 2018). "A Spymaster Steps Out of the Shadows". The New York Times. Now Brennan was out, having traded world-bestriding power for a handful of gigs: adviser on world events for clients of Kissinger Associates, visiting scholar at Fordham University and the University of Texas, commentator on breaking news for MSNBC.
  14. Oberdorfer, Don (August 24, 1982). "Kissinger's New Team". Washington Post.
  15. 1 2 Gilpin, Kenneth N. (June 1, 1984). "Eagleburger Is Joining Kissinger Associates". New York Times.
  16. 1 2 Gelb, Leslie H. (April 20, 1986). "Kissinger Means Business". New York Times.
  17. "Etienne Davignon delivers the plenary address on the third day of EITC 97". European Union Publications Office.
  18. 1 2 Isaacson, Kissinger: A Biography, pp.730-751.
  19. Gerth, Jeff (May 20, 1989). "Disclosure Sought From Policy Group". New York Times.
  20. Chellel, Kit; Wild, Franz; Stringer, David (July 13, 2018). "When Rio Tinto Met China's Iron Hand". Bloomberg News. Archived from the original on July 16, 2018. Late that year, Albanese and Mivil Deschenes, a former Canadian military officer who was Rio’s head of security, sat down in the New York office of one of the few people in the world with direct access to the highest levels of Chinese government: Henry Kissinger. The former U.S. secretary of state told the Rio executives he couldn’t do anything about the four people in jail, but Albanese and Deschenes hired him anyway, paying what Australian media reported was at least $5 million.

Bibliography

  • Niall Ferguson, Kissinger: 1923-1968, New York: Penguin Press, 2015.
  • Walter Isaacson, Kissinger: A Biography, New York: Simon & Schuster, 1992, updated 2005.
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