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Brother's Who Sit at Blair's Right Hand (Ties to Enron)

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dissent1977 Donating Member (795 posts) Send PM | Profile | Ignore Tue Jun-14-05 12:10 AM
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Brother's Who Sit at Blair's Right Hand (Ties to Enron)
Sandra Laville and Nils Pratley
Tuesday June 14, 2005
The Guardian

Variously described as the Brotherhood, the Firm, or the Jesuits of capitalism, the global consultancy firm McKinsey likes to maintain an aura of secrecy around its work. It never advertises for clients and through a close network of alumni across the international business world it has developed an elite and loyal following who endorse the need to keep the secrets of success within the extended family.

With McKinsey consultants right at the heart of government, however, questions about the company's philosophy, cost-effectiveness and level of influence on policy are increasingly being asked.

<snip>

McKinsey's blue-chip reputation was shaken in the 1990s when its involvement with Enron, the energy company that collapsed in scandal and accounting irregularities, was revealed in detail.

Enron was regarded as the house that McKinsey built. The consultants were being paid $10m a year for their advice; the company was run by Jeffrey Skilling, a former McKinsey partner; and the in-house journal the McKinsey Quarterly regularly lauded Enron as an exemplar of its philosophy of "creative destruction".

More: http://politics.guardian.co.uk/whitehall/story/0,9061,1505868,00.html
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saigon68 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 12:13 AM
Response to Original message
1. Thugs and hoodlums
In 3 piece suits.

They will kill--- quicker than the Mafia.
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 12:14 AM
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2. Ah, McKinsey!
One of the greatest and coolest companies in the world.

Rabrrrrrr, proud McKinsey alum.
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dissent1977 Donating Member (795 posts) Send PM | Profile | Ignore Tue Jun-14-05 12:16 AM
Response to Reply #2
3. They don't come off as so great and cool in this article
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 12:17 AM
Response to Reply #3
4. No, I'm sure they don't
I didn't say they never did anything that wasn't worth a blasting.

Best company I ever worked for, though. Holy shit!
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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 01:08 AM
Response to Original message
5. Go figure. Nothing surprises anymore, does it?
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