Hehe ... it begins.
Well, now, isn't that quaint, both of the Bush administration's top-guns in the intelligence field, CIA-Director Porter Goss and the new Intelligence Czar John Negroponte are both members of the Fence Club aka Psi Upsilon at Yale. Psi Upsilon was formed as a pact between seven students at Union College in 1833:"We, the undersigned, having determined to form a secret society, and having some conversation on the subject, do now and hereby pledge our sacred honors that we will keep all that has been done and said a most profound secret''
Negroponte and Goss, both 1960 Yale graduates, are shown here in a photo from the Fraternity section of the 1960 Yale Banner, the university yearbook. Yale's Psi Upsilon chapter, the second oldest [Beta] in the country, was founded in 1840. The chapter went out on its own in 1934 naming itself The Fence Club, after Yale's honored gathering spot. The Fence Club then became a local fraternity at Yale and was always featured prominently in the Banner. It was a very prestigious house at Yale and many of its members went on to become members of the Order of Skull and Bones. Prominent Bones members include Henry Stimson, Averell Harriman, and William H. Taft. Son of one the founders of Bones, WH Taft is the only person to have held both the US presidency and Chief Justice-ship of the US Supreme Court. An interesting comment from Psi Upsilon's own history: Our chapters became smaller, restricted to a select elite. Ignoring our roots as an academic literary society, Psi U became more concerned with a person's ancestry than with their friendship.
Porter Goss is also a member of the secret society The Order of Book & Snake. Porter joined the CIA in 1959 while still at Yale, during his initiate year at the Book & Snake Temple. And there is the question posed by investigative reporter Daniel Hopsicker -- Is that Porter Goss sitting next to Barry Seal? [The Biggest Drug Smuggler in U.S.History] ... [more info on Goss]
In the 1960 Fence Club photo Porter is sitting next to William Henry Trotter Bush aka "Bucky" Bush, baby brother of ex-CIA Director/President George HW Bush and uncle to current president, George W. Bush. Bucky has taken care of the St. Louis end of the Bush dynasty. He was president of Boatman's National Bank in the 1980s. Bucky is currently -- "chairman and founder of Bush Bush-ODonnell Co.. He also has holdings in '...Lord Abbett & Co., with about 8 million shares of Halliburton. Lord Abbett's trustees, who manage billions controlled by this investment firm, include Bush uncle William H. T. Bush. Lord Abbett is also one of Halliburton's top ten mutual fund holders (another 4.7 million shares).' 1 Among some of his other holdings are Right Choice Managed Care, Inc., Cobalt Corp., DT Industries, Inc., Engineered Support Systems, Intrav, Inc., Search Financial Services, Inc., Wellpoint Health Networks, Inc., and Medix Resources, Inc. He is also a trustee of his brother's Presidential Library Foundation." [http://www.hierarchypedia.com/~hierarch/wiki/index.php/William_Henry_Trotter_Bush]
Hmm ... Yale, Secret Societies, the Bush family, United States Intelligence, ... gee ... brings back memories, eh?
For your edification
The Order of Book & Snake
The Temple The Pin The Founders
Additional material from Linda Minor:
... see: http://www.populist.com/03.19.burns.html
Cheney's "golden handshake," however, is not the administration's only link to Halliburton. The company's chief shareholders, whose top management can be predicted to benefit financially from war in Iraq, also have administration ties.
David Letterman-style, the Top Ten shareholders for Halliburton Company, Inc., are as follows: (see biz.yahoo.com/hd/h/hal.html):
#10: The Vanguard Group, with 7.6 million shares of Halliburton stock, worth about $176 million. Vanguard, also 10th largest mutual-fund shareholder in Halliburton, is a huge owner in ExxonMobil and ConocoPhillips. It moved onto this list recently when Dallas-based Maverick Capital, privately owned by the Wylie family, moved off. Vice President Cheney's disclosure statement (above) shows millions of his retirement money invested through Vanguard.
#9: Lord Abbett & Co., with about 8 million shares of Halliburton. Lord Abbett's trustees, who manage billions controlled by this investment firm, include Bush uncle William H. T. Bush. Lord Abbett is also one of Halliburton's top ten mutual fund holders (another 4.7 million shares).
#8: Deutsche Bank, with 8.3 million shares of Halliburton. Deutsche Bank was home to Alvin B. Krongard, now Bush's number-three man at the CIA. Krongard, whom the CIA web site lists as a longtime consultant, was a director at Alex Brown Bankers Trust, which got a multi-million management contract with FMR (see #7).
#7: FMR Corporation (Fidelity Management & Research), with 10 million shares. FMR, the world's largest mutual fund company, and Wellington (see #2, below) are by far the biggest shareholders in TB Woods Corp., where presidential cousin Craig Stapleton was a director before becoming ambassador to the Czech Republic. FMR also owns big in United Defense/Carlyle, connected to former President George H. W. Bush, and Fresh Del Monte, where presidential brother Marvin P. Bush is back on the board. Interestingly, FMR also owns about 50,000 shares of Harken Energy, George W. Bush's old stomping grounds (current value: about $20,000). Fidelity's Magellan Fund is also the second largest mutual fund holder in Halliburton.
#6: Putnam Investment Manage-ment, LLC, with more than 12.5 million shares. Putnam also owns stock in United Defense/the Carlyle Group and in Fresh Del Monte. Putnam is another top mutual fund holder in Halliburton.
#5: State Street Corporation, with 13 million shares. State Street, which reportedly controls $6 trillion in investments, recently revealed plans for a multi-million deal with (#8) Deutsche Bank, and owns $4.5B worth of Morgan Stanley (#3, below). State Street is also hugely invested in ExxonMobil, one of Saddam's biggest customers, and BP, which started life as "Iraq Petroleum." Also owns big in United Defense/Carlyle.
#4: Barclays Bank PLC, with 17.5 million shares of Halliburton. Barclays is also into United Defense and Fresh Del Monte, and has successfully hung on to 85,000 shares of Harken Energy.
#3: Morgan Stanley, with over 20 million shares. Morgan Stanley, among other connections on this list, is also a shareholder in United Defense and Fresh Del Monte, as well as in #8 Deutsche Bank.
#2: Wellington Management Co., LLP: Headquartered in Boston, Wellington calls itself one of America's oldest investment firms. It holds about 23 million shares, or more than half a billion dollars' worth, of Halliburton, and is linked with most of the rest of this list.
#1: Capital Research and Management Company, with 25 million shares, also worth over half a billion dollars. Los Angeles-based Capital Group is also a major investor in military contractors Lockheed and Raytheon, and is linked with FMR and Wellington in other large holdings.
William H.T. Bush
Bush O'Donnell & Co.
William H.T. Bush, is chairman of the St. Louis-based investment firm, Bush O'Donnell & Co., which he founded in 1986. Previously, he was president and CEO of Boatmen's National Bank of St. Louis and began his career with the Hartford National Bank and Trust Co. in Connecticut. Bush has been a Director of the Company since 2000 and serves as a director of Mississippi Valley Bancshares, Inc., Maritz, Inc., RightChoice Managed Care, Inc., DT Industries, Inc. and The Lord Abbett family of Mutual Funds.
President and Director of Boatmens National Bank (1978-1986), a commercial bank then headquartered in St. Louis.
Lead Manager since 01-May-01
Jostrand is principal and portfolio manager with William Blair & Company. He joined the firm in 1993 as a portfolio manager. Previously, he was with TRW for 10 years as director, equity portfolio manager and venture capital funds manager. Prior to that, he was with Boatmens National Bank for five years as assistant trust officer, equity fund manager and research analyst. [This would have been during Buckys tenure at Boatmens.]
Jostrand is a Chartered Financial Analyst.