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If you like the Koch Brothers, you will love the Stephens Clan.

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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 05:23 PM
Original message
If you like the Koch Brothers, you will love the Stephens Clan.
http://www.stuff.co.nz/the-press/news/christchurch-earthquake-2011/5268966/Red-zone-advertising-pack-angers-residents

Red-zone advertising pack angers residents
DAVID WILLIAMS
Last updated 05:00 12/07/2011
A "tasteless" mail drop has angered Christchurch homeowners hardest hit by the earthquakes.

Envelopes addressed to "Red zone resident" have been delivered to mailboxes in the city's hard-hit eastern suburbs. Inside was advertising material and an invitation to weekend seminars with insurance, home-removal and property firms.

--snip--

Christchurch Central Labour MP Brendon Burns said the mail drop was "poorly executed, to say the least".

"I think that they have every right to be angry about that – people are feeling pretty vulnerable there at the moment."

Warren Stephens, chief executive of the Lifetime Group, which was one of the companies involved, said there had been a "fantastic" response to the information pack and he rejected suggestions it was ill-conceived.

--snip--


http://overlawyered.com/2011/07/assigned-counsel/

--snip--

As Marc points out, Steve Green at Vegas Inc. has one possible answer to that question, which suggests one very big little problem with this throw-’em-under-the-bus strategy:

Ninety-eight. That’s the number of Righthaven LLC copyright infringement lawsuits in which Righthaven CEO Steven Gibson was one of the attorneys of record for his own company.

--snip--


But this is a new one. Can you actually throw yourself under the bus? Now that would sure flatten you good. And — again — it would be Mr. Gibson who would be doing the throwing:

In fact, Righthaven is half owned by Gibson and half owned by investors who are part of the family of Arkansas investment banking billionaire Warren Stephens. He and his family also own Stephens Media.

--snip--
http://www.forbes.com/profile/warren-stephens

Warren Stephens
Net Worth $2.5 B As of March 2011

Owns investment bank Stephens, Inc. founded by uncle W.R. (Witt) in 1933 with $15,000 to start underwriting and dealing muni bonds. Father Jackson (d. 2005) joined in 1946. Brothers paid $5.4 million for Arkansas-Oklahoma Gas in 1954. Plowed earnings into private equity. Investment criteria: "Whim and caprice." Famously underwrote Wal-Mart's public offering in 1970. Warren grew up in the business, became chief executive 1986. Witt died 1991. Bought out cousins' stake in 2006. Adding to private equity stakes like Stephens Media, which owns 30 newspapers including Las Vegas Review-Journal. Golf nut built ultra-private Alotian Club on 1,000 acres outside of town. Also a wine aficionado, he sold 5,000 bottles in Sotheby's auction 2007. His favorite quaff: 1959 Chateau Latour.

--snip--


http://www.forbes.com/sites/janetnovack/2011/08/15/goldman-citigroup-employees-big-givers-to-deficit-super-committee/

Goldman, Citigroup Employees Big Givers To Deficit Super Committee

If money does buy influence, the financial services industry should be in pretty good shape when the 12 members of a new Congressional “Super Committee” start meeting to decide how to trim at least $1.2 trillion from the federal deficit over the next decade.

--snip--

A new analysis by MapLight, a not-for-profit which tracks political money, shows that the Political Action Committees and employees of six public companies— five of them entirely or partly in financial services—rank among the 10 largest organizational givers to the 12 politicians from 2001 through 2010. The five are Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America and General Electric.


The top organizational giver, according to MapLight, was the fervently anti-tax Club for Growth, which gave $990,066 to the 12. Most of that went to Sen. Pat Toomey (R-Pa) who served as president of the Club before winning his Senate seat in 2010. Here too, the financial sector presumably has some influence; the current chairman of the Club is Jackson T. Stephens, a member of the Arkansas Stephens Inc. investment banking family. (His brother, Warren Stephens, is on the Forbes list of the 400 richest Americans, as was their father, before the father’s death in 2005.)

--snip--


Those Stephens folks really get around, sort of like the Koch Brothers. :evilgrin:
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 05:56 PM
Response to Original message
1. More background on the Stephens Clan:
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 10:21 PM
Response to Original message
2. The Stephens clan have an Arkansa link. Things were pretty nuts there
right before the last presidential election... I wonder if these folks were involved?
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 06:53 AM
Response to Reply #2
3. The Stephens Clan is from Arkansas
Here's an interesting read:

http://www.nationalcorruptionindex.org/pages/profile.php?profile_id=283

These guys make the Koch Brothers look like amateurs.

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loudsue Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 09:03 AM
Response to Original message
4. And Warren Stephens is best friends with one of the Clintons
oldest friends and benefactors. The Stephens money has been behind the Clintons all along. I know this first hand, because I know the friend. THAT is how I know how corrupted and infiltrated the democratic party is. It was intentional, deliberate, well-planned. The republicans INFILTRATED the dem party, and the DLC was just the public tip of that iceberg.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 04:19 PM
Response to Reply #4
6. Ding, Ding!!
We have a Winnah!!
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 09:23 AM
Response to Original message
5. There should be a central depository of this type of information. Know your enemy. nm
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Zoeisright Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 10:41 AM
Response to Original message
7. Shouldn't that be KKKLan?
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 11:12 AM
Response to Reply #7
8. They started out selling Bibles and Belt Buckles.
Who knew one could make so much money on superstition and swagger.
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