Showing posts with label Larry Ellison. Show all posts
Showing posts with label Larry Ellison. Show all posts

The Business Connection between Phil Anschutz and Larry Ellison - Only billionaire can buy from another Billionaire

The Business Connection between 
Philip Anschutz and Larry Ellison
The Connection Between Ian Murdock, Larry Ellison and Marc Benioff 

Bennett v. Southern Pacific was lost when witness Floyd Brown Jr. 

Phil Anschutz, America’s most reclusive billionaire, with his fingers in everything from international properties, to movies, to entertainment, is expected to start accepting bids on the sale of his Anschutz Entertainment Group (AEG) at $10 billion and up. AEG is a major and very profitable part of the Anschutz Empire. He’s spent years putting together the conglomerate, which is now the world’s largest owner of sports teams, plus the stadiums they play in, including Los Angeles’ Staples Center, the home of the Lakers, as well as the Kings hockey team. AEG is also the world’s second largest promoter of live concerts and entertainment extravaganzas featuring such stars as Justin Bieber, Celine Dion, Taylor Swift, and Jennifer Lopez. He was even set to bring Michael Jackson back on his ill fated “This Is It” Tour.

Perhaps the most surprising aspect of the upcoming sale is that it would mean Anschutz’s relinquishing his ownership in six Major League Soccer teams, including the L.A Galaxy for which he personally wrote a check for the $500 million package it took to get David Beckham, along with Posh, on board. So, why is he prepared to give all that up for the sake of several billion dollars he doesn’t exactly need?

Based on his track record, even though Anschutz is 72, no one thinks for a minute he is looking to cash out. He has always had a plan, and quite often, this has involved liquidating an existing investment and swiftly moving into another opportunity. He spent years building the Union Pacific railroad, which he sold at a huge profit, while retaining the rights to build along the tracks. This allowed him to form Qwest Communications and build the first national all fiber optic network. He is a staunch fundamentalist Christian who started a movie company, Walden Media, to make wholesome family films. After several years of losing money, he produced “Ray,” the life story of Ray Charles, complete with drugs, sex, rock & roll—and ultimately redemption. It won two Oscars and made more than $75 million at the box office. You can never take what he is doing at face value, because when Anschutz puts a deal together, there are often wheels within wheels that only become clear later on.

Perhaps the key to the current mystery is that just over two weeks ago, Los Angeles City Council signed off on a deal with AEG worth more than $1 billion to build a downtown football stadium, which in turn, would hopefully attract a National Football League (NFL) franchise to the city. As is typical with most cities faced with the prospect of picking up a national team, Los Angeles had ignored its unhealthy budgetary situation and extended massive tax breaks and other pot sweeteners to have Anschutz sign off on the deal. To be fair, AEG informed the council it was putting itself up for sale a couple of days before the vote, and vaguely promised that the new owners would honor the deal. But by that time, the train was leaving the station and none of the council members wanted to miss that fun-filled NFL bar car.

The beauty of all this for Anschutz is that he upped the price of the company from the early estimates of $7 billion or so, to $10-billion-plus, and he no longer has to actually deliver a football team. That’s up to the new owners of AEG, meaning they are the poor saps who will have to live through an increasingly common affliction amongst builders of humungous, but empty, sports stadia… The Al Davis Syndrome. Named after the Oakland Raider’s long-time owner, Al Davis who used to shop the Raiders around to cities dumb enough to put up a couple of million for an exploratory meeting. Al would hit town, have the meeting, then leave town, obviously with the money. Irwindale, California, famous for its sand and gravel pits, became notorious in 1987 for establishing the “Al Davis Syndrome Record,” when they gave him $10 million for the privilege of a couple of brief meetings.

But just to prove that your average billionaire is as crazy as the next one, Larry Ellison, CEO of Oracle, and the third richest man in America, is considering making a bid for AEG. Rumor has it; the big attraction will be moving that highly prized NFL team to Los Angeles. I mean, why not, he owns everything else. He’s the guy who shows you his new atomic-powered helicopter, which is parked on the deck of his new battleship sized yacht, which is moored at his new island. Ellison recently cashed out some Oracle shares for a total of $4.3 billion and told CNBC that the money was for “just in case I go shopping and something catches my eye.”

For what it’s worth, my bet is that Anschutz has something truly ambitious cooking, even by his standards, and needs the mountain of cash this sale would generate. He has never taken on major debt and wouldn’t start now. Because of his right-wing politics, religious beliefs, and prior experience in entertainment and communications, could we be looking at the founding of a new TV/digital/internet/social channel whose express purpose would be the propagation of the beliefs Anschutz holds dear?


Theranos to Bin Laden to Murders of Witnesses in Bennett v. Southern Pacific

Dept. of Connections May 5, 2003 Issue
The Contractors
By Jane Mayer


Back when Americans were still debating whether there was just cause for a preĆ«mptive strike against Iraq, few arguments were scrutinized more closely than the Bush Administration’s contention that there were covert links between Al Qaeda and Iraq. At the C.I.A., analysts pored over aerial satellite photographs. At the Treasury Department, experts sifted through financial records. At the National Security Agency, Arab-speaking linguists eavesdropped on phone conversations. But, even after Secretary of State Colin Powell put his credibility on the line, in a damning, dot-connecting speech before the United Nations last February, questions persisted about the solidity of the alleged links between Saddam and Osama.

Now there is a new and demonstrable connection, but it is not the kind that the Bush Administration had in mind. In fact, it is more likely to fuel the speculations of conspiracy theorists than it is to put their fears to rest. It turns out that a money trail runs—albeit rather circuitously—from the lucrative business of rebuilding Iraq to the fortune behind Osama bin Laden. Bin Laden’s estranged family, a sprawling, extraordinarily wealthy Saudi Arabian dynasty, is a substantial investor in a private equity firm founded by the Bechtel Group of San Francisco. Bechtel is also the global construction and engineering company to which the U.S. government recently awarded the first major multimillion-dollar contract to reconstruct war-ravaged Iraq. In a closed competitive bidding process, the United States Agency for International Development chose Bechtel to rebuild the major elements of Iraq’s infrastructure, including its roads, railroads, airports, hospitals, and schools, and its water and electrical systems. In the first phase of the contract, the U.S. government will pay Bechtel nearly thirty-five million dollars, but experts say that the cost is likely to reach six hundred and eighty million during the next year and a half.

When the contract was awarded, two weeks ago, the Administration did not mention that the bin Laden family has an ongoing relationship with Bechtel. The bin Ladens have a ten-million-dollar stake in the Fremont Group, a San Francisco-based company formerly called Bechtel Investments, which was until 1986 a subsidiary of Bechtel. The Fremont Group’s Web site, which makes no mention of the bin Ladens, notes that “though now independent, Fremont enjoys a close relationship with Bechtel.” A spokeswoman for the company confirmed that Fremont’s “majority ownership is the Bechtel family.” And a list of the corporate board of directors shows substantial overlap. Five of Fremont’s eight directors are also directors of Bechtel. One Fremont director, Riley Bechtel, is the chairman and chief executive officer of the Bechtel Group, and is a member of the Bush Administration: he was appointed this year to serve on the President’s Export Council. In addition, George Shultz, the Secretary of State in the Reagan Administration, serves as a director both of Fremont and of the Bechtel Group, where he once was president and still is listed as senior counsellor.

Rick Kopf, the general counsel of the Fremont Group, which manages some eleven billion dollars in assets, confirms that the bin Laden family invested about ten million dollars in one of Fremont’s private funds before September 11, 2001. He noted that the bin Laden family has not enlarged its stake since then, but he declined to provide additional details about its association with the firm. He also chose not to discuss the origin or the nature of the relationship between the bin Laden and Bechtel families, both of which made fortunes in huge construction projects in the Arab world. The Fremont Group evidently does not go in for connecting the dots. As Kopf said, “Ownership is private and is not disclosed.”

The burial of Nathaniel greenan son of Attorney James greenan who represented Contra Costa County, in the matter of Contra Costa County versus Chevron where are the County dumps Millions. Nate was in Vinny's Bar in Concord in March of 2012 just days before I was arrested and jailed where Chief Wenzel formerly of Danville was commander of the jail The Mormon news is the people standing in this picture of Mormon, the chief of Danville is Mormon the Mormons controlled DEA Mark Peterson convicted o perjury, the connection between Michael Peterson and his Russian connections likely lead to Pavolo Lazerenko defended by Daniel Horowitz, who wants to send it attorney William McCann in connection to the 500 La Gonda way legal dispute with developer Sid Correy. This dispute brings in Bill Tauscher, Ellen Tauscher friends of Hillary Clinton, Blackhawk Network's, Safeway CEO Steve Burd who knows attorney Rick Kopf from when they work totogether add Southern Pacific which makes Steve burd privy to Bennett versus Southern Pacific where my witness was murdered. Anything out of Safeway's mouth from this point forward is a lie and that extends to Fremont Group in San Francisco desperately pedaling backwards to overturn the past.

This is my karaoke friend her name is Sarah Hoda she was burned alive in the Ghost Ship fire or died of smoke inhalation what a coincidence that my beautiful friend who would stop and listen to me play music in the streets of Walnut Creek Harrison of fire across the street from the transaction control by CB Richard Ellis. They are filing murder charges on the wrong people and I intend to raise that at an Oakland city council meeting in the near future. I'm in arson victim and I can sniff out scams because I also know about Real Estate Investment Trust, shopping centers, tenant improvement work, and unfortunately for the money make people I also know them. After well-over one hundred police reports where police officers known for me have been arrested indicted and convicted from everything from abusive Authority Under color of Law and murder it's time for me to speak out. I found a great way to stay alive after appearing on CNN, ABC, NBC and PBS, after and during poison and bacteria, assault and battery and arson why not speak up we actually through the people that were trying to kill me off my tail to their lawyer's office seeking a way to stay out of jail. for those reading this veteran public office, DEA investigators, police officers in multiple cities and Country Costa and surrounding counties this is your wake-up call, keep yourself from being dragged into the conspiracy and getting f*****, smart up fess up and tell me who tried to kill me in 2004, who put the bacteria or poison in my food, and where did the iodine-131 come from.

Former location of main frame designs cabinets and fixtures a vendor to Chevron, Safeway, Fresh Choice, Wendy's and Contra Costa County College District The matter of Bennett vs Southern Pacific created a situation where operatives coming from Southern Pacific Police Department, Southern Pacific, and the assets of Southern Pacific pipeline partners that part indelibly linked Enron Corporation which leads to the sale of Enron assets to Kinder Morgan, we're in 2004 in Walnut Creek California a pipeline exploded killing five.

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