Kissinger Associates

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

Kissinger Associates does not disclose its list of corporate clients, and reportedly bars clients from acknowledging the relationship.cite web
url=http://select.nytimes.com/search/restricted/article?res=F50711FD385D0C738EDDAD0894DE484D81
last=Gelb
first=Leslie H.
title=Kissinger Means Business
publisher=New York Times
date= April 20, 1986] 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 (see list below). [Corporate clients identified - see Walter Isaacson, "Kissinger: A Biography", New York: Simon & Schuster, 1992, (updated 2005). (pp.730-51)]

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. [ cite news
url=http://query.nytimes.com/gst/fullpage.html?res=950DE3D7133EF933A15756C0A96F948260
last=Gerth
first=Jeff
title=Disclosure Sought From Policy Group
publisher=New York Times
date= May 20, 1989] . More recently, 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.

In 1999, Mack McLarty joined Kissinger to open Kissinger McLarty Associates, the firm's office on Eighteenth and Pennsylvania streets in Washington, D.C.web cite
url=http://www.americas-society.org/coa/membersnetwork/Kissinger.html
title=Council of the Americas Member: Kissinger McLarty Associates
publisher=Council of the Americas ] . 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.. * As of January 2008, the two firms have separated and McLarty Associates, headed by Mack McLarty, is an independent firm based in Washington. See [http://www.maglobal.com maglobal.com] .

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. It was established in July, 1982 after loans had been secured from Goldman Sachs and a consortium of three other banks. These loans were paid out in two years; by 1987 annual revenues had reached $5 million. [Location and revenues - see Isaacson, "Kissinger", op.cit. (p.732)]

Associated organizations and individuals

Kissinger Associates has strategic alliances with several firms, including:
*APCO Worldwide, formed October 12, 2004 [cite web
url=http://www.apcoworldwide.com/content/newsroom/press_releases/10_12_04.cfm
title=Kissinger Associates, APCO Join in Strategic Alliance
date= October 12, 2004
publisher=APCO Worldwide]
*The Blackstone Group [ web cite
url=http://www.blackstone.com/mergers/stalliances.html
title=Strategic alliances
publisher=the Blackstone Group] , an investment and advisory firm
*Hakluyt & Company [web cite
url=http://www.smithbrandon.com/news.aspx?id=39
title=Survey - Corporate Security: The top players in intelligence industry
publisher=Financial Times
author=Andrew Edgecliffe-Johnson
date=April 10th, 2001] , a corporate investigation firm
*Covington & Burling, the international law firm, since 2003. [cite news
url=http://pqasb.pqarchiver.com/washingtonpost/access/416939251.html?dids=416939251:416939251&FMT=FT&FMTS=ABS:FT&fmac=&date=OCT+02%2C+2003&author=Judy+Sarasohn&desc=Making+an+Alliance+Official
last=Sarasohn
first=Judy
title=Making an Alliance Official
publisher=Washington Post
date= October 2, 2003]

Prominent staff have included:
*L. Paul Bremer, former managing director. Former Iraq Director of Reconstruction.
*Nelson Cunningham, managing partner at Kissinger McLarty
*Lawrence Eagleburger, former partner [cite web |url=http://www.fas.org/irp/congress/1992_rpt/bcci/20kiss.htm
title=BCCI and Kissinger Associates
author=John Kerry & Hank Brown
work=The BCCI Affair
publisher=United States Congress]
*Richard W. Fisher - President, Federal Reserve Bank of Dallas [http://www.dallasfed.org/news/bios/fisher.html]
*Timothy F. Geithner - president, the Federal Reserve Bank of New York
*J. Stapleton Roy, vice-chairman. Senior U.S. diplomat.
*Brent Scowcroft, former vice-chairman. Former United States National Security Advisor.
*Bill Richardson, former Senior managing director. Former U.S diplomat and current Governor of New Mexico.

Directors have included:
*Lord Carrington, from 1982.cite news
url=https://secure.pqarchiver.com/washingtonpost_historical/access/124943422.html?dids=124943422:124943422&FMT=FT&FMTS=ABS:FT&fmac=&date=AUG+24%2C+1982&author=By+Don+Oberdorfer+Washington+Post+Staff+Writer&desc=Kissinger%27s+New+Team
last=Oberdorfer
first=Don
title=Kissinger's New Team
publisher=Washington Post
date= August 24, 1982] Secretary-General of NATO
*Pehr G. Gyllenhammar, from 1982. Chairman, Volvo
*William D. Rogers, from 1982. Undersecretary of State for Economic Affairs under Nixon
*Eric Roll, from 1984cite news
last=Gilpin
first=Kenneth N.
title=Eagleburger Is Joining Kissinger Associates
publisher=New York Times
date= June 1, 1984
url=http://select.nytimes.com/search/restricted/article?res=F2081FFE3E5F0C728CDDAF0894DC484D81] . Chairman S. G. Warburg & Co
*William E. Simon, from 1984. Secretary of the Treasury under Nixon
*Saburo Okita, former Japanese Foreign Minister
*
*Étienne Davignon [cite web
url=http://cordis.europa.eu/esprit/src/biodavig.htm
title=Etienne Davignon delivers the plenary address on the third day of EITC 97
publisher=European Union Publications Office] Former European Commissioner.
*Gary Falle, Falle Strategies

Known corporate clients

A selected list of the more notable companies (from over two dozen in total) since 1982; his directorships where applicable; and some countries where known advice/contacts were used:
*American Express - Director (Hungary, Japan)
*American International Group - Director, International Advisory Committee (Argentina, China, South Korea)
*Atlantic Richfield
*Chase Manhattan Bank (now JPMorgan Chase) - Chairman, International Advisory Committee
*Coca-Cola (Malaysia)
*Fiat
*Freeport-McMoRan - Director (Burma, Indonesia, Panama)
*Heinz (Ivory Coast, Turkey, Zimbabwe)
*Hollinger, Inc. - Director
*Lehman Brothers, Inc. Kissinger Mclarty Assoc. is listed as a creditor in the Bankruptcy Filings.
*Merck
*Volvo
*Warburg

Further reading

*Isaacson, Walter, "Kissinger: A Biography", New York: Simon & Schuster, 1992, updated 2005.

References

External links

* [http://www.kmaglobal.com/ Kissinger McLarty Associates]
* [http://www.sourcewatch.org/index.php?title=Kissinger_Associates%2C_Inc. Kissinger Associates, Inc. by SourceWatch]