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Reply #126: Well, Richardson certainly has connections to people who.... [View All]

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Zookeeper Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-11-07 06:15 PM
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126. Well, Richardson certainly has connections to people who....
are familiar with pipelines:

http://www.motherjones.com/washington_dispatch/2007/07/richardson.html

At the close of the Clinton administration, Richardson signed on as a senior managing director with Kissinger McLarty Associates, the advisory firm formed by Henry Kissinger and former Clinton chief of staff Mack McLarty, and promptly joined the boards of three large oil companies: Houston-based Diamond Offshore Drilling, a company once run by George Herbert Walker Bush; Denver-based Venoco; and Valero, North America's largest independent refinery. Until recently, Richardson held Valero stock worth between $100,001 and $250,000 and options valued between $250,001 and $500,000, according to disclosures filed with the Federal Election Commission. He divested himself of his stake in Valero in May, saying his financial ties to the company had become a "distraction" to his presidential campaign.

Though on the campaign trail he has come off as a staunch advocate of green energy, even proposing "a man-on-the-moon program" to address global warming and curb the nation's dependence on oil, his close ties to the oil industry would seem no small contradiction. Currently, he is one of the leading recipients of campaign contributions from oil and gas companies among the presidential contenders.
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