Powersports Management

Did you know that one of Haiti’s primary exports is coffee? Interestingly enough, Paula E. Boggs, Executive vice president, general counsel and secretary of the Starbucks Coffee Company, is also on the Audit and Risk Management Committee of the American Red Cross.

Paula Boggs http://alumni.jhu.edu/distinguishedalumni2009

Haitian leadership has been plagued over the years with scandals of kickbacks, embezzlement, and extortion. For example, the financial abuse of the Haitian-owned Telcom company, whose funds were imbezzled by then-president Aristide.

Corruption http://en.wikipedia.org/wiki/Jean-Bertrand_Aristide#Accusations_of_embezzlement_of_telecom_revenues

The International Telecom industry has been trying to get the Haitian Government to privatize the State-owned Telecom company for quite some time.

Telecom Industry http://www.corpwatch.org/article.php?id=12990

Now that they have been hit by this Giant Quake… The government may have no choice in the matter. Oddly Enough, Gail J. McGovern, the President/CEO of the American Red Cross, also holds a Top managing Position at AT&T.

Gail McGovern http://en.wikipedia.org/wiki/Gail_J._McGovern

One Company that has graciously committed to help in the rebuilding efforts in Haiti is Caterpillar Inc. (a manufacturer of heavy construction machinery). Lucky for them, Steve Wunning Group President, Vice Chair of Audit and Risk Management Committee and member of the Compensation and Management Development Committee of the American Red Cross… he also happens to be the Director of Kennametal Inc. (a precision tool manufacturer)

Steve Wunning http://people.forbes.com/profile/steven-h-wunning/16433

The medicines that will be required by the Red Cross to help the suffering of the Haitian people will in all likelihood cost millions of dollars. Luckily, Merck has a viable AIDS treatment drug, “Isentress” (Raltegravir) that could help, in addition to being a HUGE supplier of other pharmaceuticals. Such an Odd coincidence, that Allan Goldberg, The Chair for the QRC Subcommittee and member of the Audit and Risk Management Committee for the American Red Cross… Also happens to be the Executive Director at Merck and Co. Inc.

Allan Goldberg http://www.linkedin.com/pub/allan-goldberg/11/694/1bb

Ann Kaplan (Vice Chairman of the Executive Committee; Vice Chair of the Compensation and Management Development Committee of the American Red Cross) serves on the Boards of Financial Guaranty Insurance Company and the Goldman Sachs Bank.

Ann Kaplan http://www.columbia.edu/cu/secretary/bios/kaplan/index.html

Suzanne Nora Johnson (Executive Committee; Chair of the Compensation and Management Development Committee of the American Red Cross) is an corporate lawyer and executive. Until 2007, she was Vice Chairman of Goldman Sachs, Chairman of the Global Markets Institute, head of the firm’s Global Investment Research Division, and a member of the firm’s Management Committee.

Suzanne Johnson http://en.wikipedia.org/wiki/Suzanne_Nora_Johnson

Ever noticed the fact that Haiti is right next to Cuba, and within striking distance of Venezuela? Is it also a coincidence that New Orleans was retro fitted for major refining?

Of course we did this… it’s almost obvious.

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