armacost

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</div><div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><b>Chevron Corp is also a big player in fracking, boasts four Bohemians,</b>&nbsp;starting with the many connections of <b>Samuel Armacost</b>. Armacost has held lead positions for Chevron Corporation, BankAmerica Corporation Merrill Lynch Capital Markets, and Weiss, Peck & Greer L.L.C.(corporate buy-outs). From 1998 to 2010 he was the chairman of SRI International, formerly Stanford Research Institute, an independent research, technology development and commercialization organization, a member of the board of directors since 1981 (Bloomberg).</font></div><div style="font-size: small; max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman" style=""><b style="background-color: rgb(255, 255, 255);">In 2009 Armacost was sued by a coalition of Amazon groups for conflict of interest</b><span style="background-color: rgb(255, 255, 255);"> after it was revealed that while heading Chevron, he was the majority shareholder in Exponent Inc., “a pro-industry scientific consulting firm that was </span><span style="background-color: rgb(255, 255, 102);">paid by Chevron to perform the study of cancer rates in Ecuador’s Amazon region</span><span style="background-color: rgb(255, 255, 255);"> where Texaco (now Chevron) was the exclusive operator of an oil concession from 1964 to 1990” (Reuters).<b> Chevron lost the suit and it is still under appeal (Huffington Post).</b></span></font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><b>Kenneth T. Derr, </b>a member of the prestigious Mandalay camp, joined the Chevron Corporation in 1960 and served a number of executive positions, including President, until 1999. Derr also served until 2008 as the Chief Executive Officer of Calpine Corp, the largest natural gas fueled power producer in North America (calpine.com), and is or has been a director of AT&T Corp., Citigroup Inc., Citigroup Finance Canada Inc. and CitiCorp (Bloomberg Business).</font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><b>Derr served as Director of Halliburton Company, another fracking profiteer,</b>&nbsp;from 2001 to May, 2009. Halliburton Oil Well Cementing Company, renamed Halliburton Company in 1961, patented a fracking process in 1949 that earned Halliburton an exclusive license for the process in Texas and Oklahoma (Montgomery, et al). Mr. Derr has been in a position to effectively promote the fracking technology during its recent spike, both as a producer and one of the largest gas consumers.</font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman">Succeeding Derr in 2000 as Chairman of the Board and Chief Executive Officer of Chevron, then Chevron/Texaco after their 2001 merger was David O´Reilly also, conveniently, a Mandalay campmate.</font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman">Before taking over as CEO, O’Reilly held a number of executive positions, culminating in Senior Vice-President and Chief Operating Officer of Chevron Chemical Company. He retired from Chevron end of 2009 (Bloomberg).</font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Besides Bohemian Club, Derr and O’Reilly both serve as Directors of the American Petroleum Institute, and between them hold membership in some fourteen business associations, including The Business Council, The Business Roundtable, Council on Foreign Relations, Hoover Institution, Institute for International Economics, JPMorgan International Council, World Economic Forum’s International Business Council, and the Trilateral Commission.</font></div><div style="font-size: small; background-color: rgb(255, 255, 255); max-width: 100%; word-wrap: break-word; line-height: 1.65; margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman">J. Dennis Bonney, a Caveman, “served Chevron Corporation in various capacities from 1960 to 1987, including Vice President with responsibilities for worldwide logistics and trading, international production, corporate planning, European refining and marketing, Indonesian oil exploration and production and diversified investments. Mr. Bonney retired from Chevron Corporation in 1995” (Bloomberg).</font></div></div>