Wednesday, February 10, 2010

Lannan Foundation's Tactical Air Defense Services/Nation Magazine Link?

Until a few years ago, Sharron Lannan Korybut sat on the board of directors of the Lannan Foundation next to her father, Patrick Lannan (who was paid an annual salary of $249,000 in 2008 by the Lannan family’s foundation for being the Lannan Foundation’s president, according to foundation's Form 990 financial filing for 2008). And, according to the New York Times (6/22/97), the daughter of the Lannan Foundation’s president married Alexis Korybut-Daszkiewicz in 1997. The Times also noted that the Lannan Foundation was established by “the late J. Patrick Lannan Sr., the Chicago financier who was a longtime director of the ITT Corporation…”

Recently, the apparent son-in-law of the Lannan Foundation president apparently landed himself a job as the president and chief executive office of Tactical Air Defense Services, a Florida-based firm that trains air combat fighter pilots for the U.S. war machine and the military forces of some foreign governments. As a recent filing with the Securities & Exchange Commission by Tactical Air Defense Services observed:

"...The Board of Directors of Tactical Air Defense Services, Inc. has, as of November 24, 2009, appointed Mr. Alexis Korybut to serve as its President and Chief Executive Officer, in addition to his current position as Chief Financial Officer and a member of the Board of Directors of the Company.

"Mr. Korybut brings to the Company extensive management, administrative, and financial experience, and with his more than two years of tenure with the Company, relevant military contracting and aviation experience…"


Ironically, the Lannan Foundation whose president is the apparent father-in-law of the Tactical Air Defense Services’ president also subsidizes alternative media groups like The Nation/Nation Institute, Democracy Now! Productions and the Foundation for National Progress/Mother Jones magazine in a big way.

In 2008, for example, The Nation Institute was given three grants totaling $545,000, by the Lannan Foundation (according to the Lannan Foundation’s Form 990 financial filing for 2008). That same year Democracy Now! Productions was given three grants, totaling $375,000, by the Lannan Foundation. And in 2008, three grants, totaling $475,000, were given by the Lannan Foundation to Foundation for National Progress/Mother Jones magazine. In 2005, the Lannan Foundation also gave $535,000 in grant money to The Nation/Nation Institute alternative media group.

Not surprisingly, neither The Nation, Democracy Now! nor Mother Jones magazine has apparently provided its readers, listeners or viewers with much information about either the historic or current business activities of Lannan family members or about which transnational corporate stocks are contained in the investment portfolio of the Lannan Foundation. Yet, according to its Form 990 financial filing, on December 31, 2008 the Lannan Foundation owned $942,000 worth of Microsoft stock, $953,683 of Disney Company stock, $1,267,640 worth of Wells Fargo stock, $1,389,789 worth of Coca-Cola Company stock, $1,580,982 worth of Wal-Mart stock and $44,145 worth of Goldman Sachs stock.

2 comments:

Johanna said...

The Obama administration's point man on the oil spill rejected the notion of removing BP and taking over the crisis Monday, saying the government has neither the company's expertise nor its deep-sea equipment.
"To push BP out of the way would raise a question, to replace them with what?" Coast Guard Commandant Thad Allen, who is heading the federal response to the spill, said at a White House briefing.
The White House is facing increasing questions about why the government can't assert more control over the handling of the catastrophe, which unfolded after a BP offshore drilling rig blew up April 20.
All of BP's attempts to stop the leak have failed, despite the oil giant's use of joystick-operated submarine robots that can operate at depths no human could withstand. Millions of gallons of brown crude are now coating birds and other wildlife and fouling the Louisiana marshes.
BP is pinning its hopes of stopping the gusher on yet another technique never tested 5,000 feet underwater: a "top kill," in which heavy mud and cement would be shot into the blown-out well to plug it up. The top kill could begin as early as Wednesday, with BP CEO Tony Hayward giving it a 60 to 70 percent chance of success.
Allen said federal law dictated that BP had to operate the cleanup, with the government overseeing its efforts.
"They're exhausting every technical means possible to deal with that leak," he said. "I am satisfied with the coordination that's going on."
Interior Secretary Ken Salazar suggested over the weekend that the government could intervene aggressively if BP wasn't delivering. "If we find that they're not doing what they're supposed to be doing, we'll push them out of the way appropriately," he said.
But asked about that comment Monday, Allen said: "That's more of a metaphor."
Allen said BP and the government are working closely together, with the government holding veto power and adopting an "inquisitorial" stand toward the company's ideas. The commandant also said the government has the authority to tell BP what to do, and such orders carry the force of law.
Homeland Security Secretary Janet Napolitano also took a more measured tone at a news conference Monday in Galliano, La., with Salazar and six U.S. senators who had flown over the coast to see the damage. "We continue to hold BP responsible as the responsible party, but we are on them, watching them," she said.
BP said it is doing all it can to stop the leak. Its chief operating officer, Doug Suttles, made the rounds of network morning news shows to say that the company understands people are frustrated.

Johanna said...

These people are all idiots. "Clearly Secretary Salazar is telling us that we need to do this as expediently as we can," Suttles said. "And of course we are."
Hayward, BP's chief executive, walked along oil-soaked Fourchon Beach and said he had underestimated the possible environmental effects.
"I'm as devastated as you are by what I've seen here today," Hayward told reporters after he spoke with cleanup workers in white overalls and yellow boots, some shoveling oily sand into garbage cans. "We are going to do everything in our power to prevent any more oil from coming ashore, and we will clean every last drop up and we will remediate all of the environmental damage."
Mark Kellstrom, an analyst with Summit, N.J.-based Strategic Energy Research, said time might be running out for BP to continue calling the shots. "The rhetoric is growing up in Washington for the politicians to kick out BP and let the government take over," Kellstrom said, though he added that it would be a mistake.
BP had hoped to try a top kill earlier but needed more time to get equipment into place and test it. A top kill has worked on aboveground oil wells in Kuwait and Iraq but has never before been attempted so far underwater.
Suttles said the biggest technical challenge is that the fluid must be pumped in very quickly, and engineers need to make sure it goes into the well, not out through the leaking pipe, which could make the leak worse.
A containment device is on the seafloor, ready to be put in place if the top kill fails or makes the leak worse. It is a smaller version of a 100-ton box that BP lowered several weeks ago in hopes of capturing much of the oil. But it got clogged with icy crystals, and BP was forced to abandon it.
Engineers are working on several other backup plans in case the top kill doesn't work, including injecting assorted junk into the well to clog it up, and lowering a new blowout preventer on top of the one that failed.