Kissinger Associates Explained

Kissinger Associates, Inc.
Founder:Henry Kissinger
Headquarters:New York City
Services:Geopolitical advisory services
Owners:-->
Formerly:Kissinger McLarty Associates

Kissinger Associates, Inc. is a New York Citybased international geopolitical consulting firm, founded and run by Henry Kissinger from 1982 until his death in 2023. 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 expand the firm and its New York headquarters to open Kissinger McLarty Associates, with the firm's Washington office on 18th Street and Pennsylvania Avenue 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] In January 2008, the two firms separated after just under a decade, and McLarty Associates, headed by Mack McLarty, became an independent firm based in Washington.[2] [3]

Kissinger Associates was located for nearly 40 years at 350 Park Avenue at 51st Street, in a building formerly 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 repaid in two years; by 1987 annual revenues had reached $5 million.[4]

Kissinger Associates does not 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.[5] The firm belongs to the U.S.–Russia Business Council, a trade group that includes ExxonMobil, JPMorgan Chase, and Pfizer.[6]

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.[18] 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.[19]

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.[20] 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;[19] his directorships where applicable; and some countries where known advice/contacts were used:

Bibliography

Notes and References

  1. Web site: Council of the Americas Member: Kissinger McLarty Associates . . dead . https://web.archive.org/web/20070223065840/http://www.americas-society.org/coa/membersnetwork/Kissinger.html . February 23, 2007 .
  2. http://www.maglobal.com maglobal.com
  3. News: Kissinger bows out of his beltway firm . https://ghostarchive.org/archive/20221210/https://www.ft.com/content/60cfe7b2-e0c6-11dc-b0d7-0000779fd2ac . December 10, 2022 . subscription . live . . February 21, 2008 . March 19, 2020.
  4. Isaacson, Kissinger, p.732.
  5. News: Jeff Gerth. Sarah Bartlett. Kissinger and Friends And Revolving Doors. February 12, 2018. New York Times. April 30, 1989.
  6. News: Nahal . Toosi . Nahal Toosi . Isaac Arnsdorf . Kissinger, a longtime Putin confidant, sidles up to Trump. February 11, 2018. Politico. December 24, 2016.
  7. Web site: Kissinger Associates, APCO Join in Strategic Alliance . October 12, 2004 . APCO Worldwide . August 21, 2006 . https://web.archive.org/web/20180213021521/http://www.apcoworldwide.com/content/newsroom/press_releases/10_12_04.cfm . February 13, 2018 . dead .
  8. Web site: Strategic alliances. the Blackstone Group. October 28, 2006. https://web.archive.org/web/20061021203213/http://www.blackstone.com/mergers/stalliances.html. October 21, 2006. dead.,
  9. Web site: SEC Filings | American International Group, Inc.
  10. News: Survey - Corporate Security: The top players in intelligence industry . Financial Times. Andrew Edgecliffe-Johnson. April 10, 2001.
  11. News: Making an Alliance Official. https://archive.today/20130131155821/http://pqasb.pqarchiver.com/washingtonpost/access/416939251.html?dids=416939251:416939251&FMT=FT&FMTS=ABS:FT&fmac=&date=OCT+02,+2003&author=Judy+Sarasohn&desc=Making+an+Alliance+Official. dead. January 31, 2013. Sarasohn. Judy . Washington Post. October 2, 2003.
  12. Web site: BCCI and Kissinger Associates. John Kerry & Hank Brown. The BCCI Affair. United States Congress.
  13. http://www.dallasfed.org/news/bios/fisher.html "Bio"
  14. News: A Spymaster Steps Out of the Shadows . . June 27, 2018 . Mattathias . Schwartz . 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..
  15. News: Kissinger's New Team. Oberdorfer. Don. Washington Post. August 24, 1982.
  16. News: Gilpin. Kenneth N.. Eagleburger Is Joining Kissinger Associates. New York Times. June 1, 1984.
  17. Web site: Etienne Davignon delivers the plenary address on the third day of EITC 97 . European Union Publications Office.
  18. Web site: Kissinger Means Business . Gelb . Leslie H. . New York Times. April 20, 1986.
  19. Isaacson, , pp.730-751.
  20. News: Disclosure Sought From Policy Group . Gerth. Jeff . New York Times. May 20, 1989.
  21. News: . When Rio Tinto Met China's Iron Hand . July 13, 2018 . https://web.archive.org/web/20180716043759/https://www.bloomberg.com/news/features/2018-07-13/did-china-hack-rio-tinto-to-gain-a-billion-dollar-advantage . July 16, 2018 . Kit . Chellel . Franz . Wild . David . Stringer . 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..

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