#911Truth #WTFact #18: Warren Buffett and Corporate Coincidences
Did you miss the introduction to this year’s campaign?
So where was Warren Buffett the morning of 9/11 and what was he doing?
Mr. Buffett was reportedly at his home in Omaha, Nebraska watching TV when he heard about the terrorist attacks. He was getting ready to host his “last annual golf charity event” which just happened to be at the U.S. Strategic Command headquarters located at Offutt Air Force Base in Omaha. Offutt AFB is, coincidentally, where President G. W. Bush flew to on Air Force One later in the day for “safety”. This early golf charity event hosted by Mr. Buffett was to include celebrities, professional athletes, and a small group of business leaders in which one of these business leaders became a very lucky person.
This very lucky person was Ann Tatlock, the CEO of Fiduciary Trust Co. International. Now what made Mrs. Tatlock such a lucky person for being invited to this charity event that morning? Mrs. Tatlock not only works in the World Trade Center, but her offices were right where Flight 175 crashed into the WTC 2.
► “On the morning of Sept. 11, Tatlock herself had just arrived with a small group of business leaders at Offutt Air Force Base in Omaha for a charity event hosted by Warren Buffett. She then heard the news of the first plane hitting the World Trade Center’s north tower.
Moments later, back in Omaha, a television picture flashed on a large screen, and Tatlock witnessed the second plane plowing into the south tower.
“There on the screen, I saw the second plane crash into my office,” Tatlock recalled.” -San Francisco Business Times (week of 2-04-02)
► “Anne Tatlock found out about the collision of a plane with the North Tower while en route to the U.S. Strategic Command headquarters in Omaha. The 62-year-old chief executive of Fiduciary Trust Co. International was one of a small group of business leaders at a charity event hosted by Warren Buffett. Military officers boarded the bus she was on, and escorted her to an officer’s lounge and a television, just in time to see the second plane hit the South Tower between the 87th and 93rd floors–right where 650 of her employees worked.
Fiduciary, which today manages $44 billion of securities for pension plans, endowments and wealthy individuals…” -Forbes (10-15-01)
► “Executives of money-management firm Fiduciary Trust Inc., a unit of Franklin Resources Inc., said many of the 500 employees who worked in the complex had gotten out, but officials didn’t have an exact count. “We’ve been incredibly lucky; people we knew were in there got out,” said Anne Tatlock, the firm’s chairman and chief executive.
Fiduciary Trust, which occupied five floors that were located high in the South Tower, caters to investors of substantial net worth and used its elegant offices to help woo clients, who often paused to admire the amazing views when they visited.
Ms. Tatlock was in Omaha, Neb., at a conference sponsored by Warren Buffett when she heard about the disaster. “I thought, why would they joke, then I saw the TV,” she said. -Wall Street Journal (9-12-01)
► “On the morning of September 11, 2001, Warren Buffett, chairman of Berkshire Hathaway, was watching television in his home in Omaha, Nebraska, as he got ready to host his last annual Charity Classic golf and tennis tournament. In the meantime, elsewhere in Omaha, Al Ueltschi, president of Flight-Safety International, one of Berkshireís two flight service subsidiaries, was getting ready to golf in the Classic. He, too, was watching TV, having turned it on in his hotel room…” – Robert P. Miles (5-02)
► “WARREN BUFFET’S CHARITY CLASSIC Sept. 11, an event that draws celebrities, professional athletes, and CEOs to Omaha, Nebraska will be the last. It has raised nearly $9 million for four charities in its nine-year run while bringing to the event such notables as composer Marvin Hamlisch, investing guru Peter Lynch of Fidelity Management, then-Securities and Exchange Commission Chairman Arthur Levitt and actor Chuck Norris. Another $1 million is expected to be raised at the last of the one-day Classics, scheduled for Sept. 11.” – Broadway To Vegas (9-09-01)
► 3:07 p.m. ñ Bush arrives at U.S. Strategic Command at Offutt Air Force Base in Nebraska. -September11News.com
► The United States Strategic Command, or USSTRATCOM, is headquartered at Offutt Air Force Base, Nebraska.
So was it just a coincidence that the 2nd richest man in the world was hosting his “last” annual golf charity event that particular morning at U.S. Strategic Command headquarters and what are the odds that a CEO was invited who’s offices were right where one of the hijacked airplanes crashed into?
Some immediate questions that arise from this charity event:
1. Who choose that date for this charity golf event to be held on a Sept. 11th and when was this date set? Is this “annual” golf event always held on a Sept. 11th?
2. Who were the celebrities, professional athletes, and the rest of the business leaders that attended, why were they invited, and who invited them? Did any of the other CEO’s invited to this charity event work at the WTC?
3. Why was this the “last” annual golf charity event Mr. Buffett was going to host?
An interesting angle about Ann Tatlock’s company, Fiduciary Trust Co. International, is that President Bush’s nominee to head the panel that’s investigating the Sept. 11, 2001 terror attacks, Thomas Kean, used to serve as the company’s director which has a lot of wealthy clients.
► President Bush named former New Jersey Gov. Thomas Kean, a moderate Republican with a record of bipartisan cooperation, to replace Henry Kissinger as head of the panel investigating the Sept. 11, 2001 terror attacks.
He serves on several corporate boards, including those of the international petroleum company Amerada Hess Corp., the Pepsi Bottling Group and Aramark Corp., which manages food and support services at office buildings, sports arenas and other facilities.
Aramark ran the food court on top of 2 World Trade Center as well as concessions and tours of the observation deck. Several of its employees died in the tower. Also, Kean has long served as director of Fiduciary Trust Co., a financial company that lost 87 employees in the World Trade Center.
Kristen Breitweiser, whose husband died in the trade center Sept. 11 while working for Fiduciary Trust and who is a leader of September 11th Advocates, said about Kean, “Assuming he has no conflicts, I hope he can do the job that needs to be done.”
Breitweiser noted that Fiduciary was a leaseholder of the Port Authority of New York and New Jersey, which would be part of the investigation. -USA Today (12-16-02)
► BOARD OF DIRECTORS, FIDUCIARY TRUST COMPANY INTERNATIONAL
THOMAS H. KEAN: PRESIDENT, DREW UNIVERSITY AND FORMER GOVERNOR, NJ
► “Ellen Kratzer, an investment advisor who worked near the top of the World Trade Center’s south tower, returned to work yesterday morning, at her firm’s “business resumption centre” in New Jersey.
More than 100 people are missing from her firm, Fiduciary Trust Co. International, yet she and her colleagues were phoning clients to let them know business is continuing. These are wealthy investors with a lot at stake — Fiduciary’s average client family has more than US$10-million in assets.” -Raven Investment (9-15-01)
One interesting note about Ann Tatlock is that she is a trustee of the Howard Hughes Medical Institute (HHMI) along with former Secretary of State and current Carlyle Group advisor James A. Baker III who’s law firm, Baker Botts LLP, is defending Saudi Arabia against the trillion dollar lawsuit filed by the families of 9/11 victims. HHMI also employed Don C. Wiley, one of the dozen distinguished microbiologists that have mysteriously died within five months of each other shortly after 9/11.
► “Anne M. Tatlock, chairman and chief executive officer of Fiduciary Trust Company International, has been elected a trustee of the Howard Hughes Medical Institute (HHMI).” -HHMI (1-25-01)
“James A. Baker III, secretary of state under George Bush and secretary of the treasury under Ronald Reagan, has been elected a Trustee of HHMI.
Baker is a senior partner in the law firm of Baker & Botts.” -HHMI (2-01-96)
► The Carlyle Group – James A. Baker III
► August 16, 2002 – The families of 9/11 victims launch a trillion dollar lawsuit against Saudi Arabia who is being defended by former Secretary of State James A. Baker’s law firm Baker Botts LLP. – See Killtown’s 9/11 Oddities page
► The Howard Hughes Medical Institute (HHMI) today announced that it is offering a $15,000 reward for information leading to the arrest and charge of anyone connected to the disappearance of Dr. Don C. Wiley, an HHMI investigator at Harvard University.
Wiley, a distinguished structural biologist who has been an HHMI employee since 1987…” -HHMI (11-30-01)
► The disappearance of a Harvard molecular biologist has baffled authorities and sparked some suspicion that he was abducted to create a lethal biological weapon.
Don Wiley was last seen Nov. 15, when he attended a banquet at The Peabody hotel in Memphis, Tenn. Wiley lived in Cambridge, Mass.
Newspapers in Boston raised suspicions that Wiley was the victim of a terrorist-related kidnapping because of recent anthrax scares, fears of bioterrorism, and the fact that he is an expert on human immunology and has studied viruses such as AIDS, Ebola, herpes and influenza. -ABC (11-27-01)
► “A body carrying the identification of a missing Harvard University scientist was found today in the Mississippi River in Louisiana, police said.
Wiley had done research into a number of potentially deadly viruses, including Ebola. Ebola is a hemorrhagic fever that causes body fluids to seep from tissues and orifices. The virus is highly contagious and lethal, and there is no vaccine.” -ABC (12-20-01)
► “Eleven microbiologists mysteriously dead over the span of just five months. Some of them world leaders in developing weapons-grade biological plagues. Others the best in figuring out how to stop millions from dying because of biological weapons. Still others, experts in the theory of bioterrorism.” – Globe and Mail (5-04-02)
So who is Warren Buffett and what does he do?
► Warren Edward Buffett
Chairman of the Board, Chief Executive Officer at Berkshire Hathaway Inc.
FINANCIAL / INSURANCE
Net Worth: $36.0 billion
Marital Status: married , 3 children
Undergraduate: University of Nebraska Lincoln, Bachelor of Arts / Science
Graduate: Columbia University, Masters of Science
Mr. Buffett, age 72, has been a director of the Corporation since 1965 and has been its Chairman and Chief Executive Officer since 1970. Mr. Buffett is a controlling person of the Corporation. He is also a director of The Coca-Cola Company, The Gillette Company, and The Washington Post Company.
#2 – The Richest People In America – The Forbes 400 – 2003
#2 – The World’s Richest People – 2003
Funny that Mr. Buffett was hosting a charity event, because it’s been reported that he’s a real “tightwad” and not very charitable.
► “By many he is considered to be a real tightwad (or cheap). This is mainly because despite his $36 Billion net worth he has not been particularly charitable.” -Investopedia.com
Now if Warren Buffett hosting a “charity event” at the U.S. Strategic Commander headquarters on 9/11 in which one of the invited guests was a CEO who’s offices were where the 2nd hijacked plane crashed into at the WTC and that the head of the 9/11 investigation used to be the director of her company doesn’t raise an eyebrow or two, then maybe the following little tidbits will.
Warren Buffett’s Berkshire Hathaway Inc. has a subsidiary company called NetJets.
► BERKSHIRE HATHAWAY INC. Subsidiary Companies: NetJetsÆ
► NetJets Inc. (Formerly Executive Jet)
NETJETS INC AND BERKSHIRE HATHAWAY
In 1995, world-renowned financier Warren Buffett purchased his first fractional share in the NetJetsÆ program. Three-and-a-half years later, Buffett’s Berkshire Hathaway purchased NetJets Inc.
“As a NetJets fractional aircraft Owner, I had Three-and-a-half years to examine the service of NetJets before Berkshire Hathaway purchased NetJets Inc. We knew we were purchasing the premier provider of aviation solutions in the world. And you can quote me to the world on that.”
– WARREN BUFFETT, Chairman and CEO Berkshire Hathaway Inc.
The NetJets Fleet
► “And in being part of the NetJets owner family, Buffett is in excellent company. Among those who own shares of NetJets airplanes are not only many other corporate executives but also such well-known individuals as Tiger Woods, Pete Sampras and Arnold Schwarzenegger.” – Robert P. Miles (5-02)
Oddly enough, a NetJets executive company jet was “tracking” Flight 93 when it crashed in an open field in Shanksville, PA.
► “Additional recordings would be played from the cockpit of an executive jet that tracked Flight 93 on Sept. 11…
An official for NetJets, a company that sells shares in private business aircraft, confirmed that the plane tracking Flight 93 belonged to the company.
The official, who asked not to be identified by name, said the company was asked not to comment on the Sept. 11 flight but would not say who made the request.” -Holland Sentinel/AP (8-09-02)
Now why was an executive jet owned by one of Warren Buffett’s companies “tracking” Flight 93 instead of a military jet try to intercept it?
More interesting is that fact that Flight 93 was rumored to have been shot down (in which the U.S. Government vehemently denies) and that a number of witnesses claimed to have seen a “mysterious small white jet” in the same area that Flight 93 was before it crashed in which the FBI claimed there was no other plane in the area and then changed it’s story and said there was one, but it was just “taking pictures” of the crash.
► “Responding to persistent rumors that have circulated around the nation, the North American Aerospace Defense Command disputed accounts yesterday that U.S. military aircraft shot down United Airlines Flight 93 in Somerset County.
“Contrary to media reports that speculate that United Airlines Flight 93 was ‘downed’ by a U.S. fighter aircraft, NORAD-allocated forces have not engaged with weapons [on] any aircraft, including Flight 93.”
“There was no military involvement here. I hope that ends that speculation,” FBI agent Bill Crowley told reporters yesterday during an afternoon briefing at the crash site.
Asked if there were any military aircraft flying in the vicinity of Flight 93 or activated in response to the hijacking of the plane, Capt. Adriane Craig, a NORAD spokeswoman, declined comment.” -Post-Gazette (9-14-01)
► Dennis Decker and Rick Chaney – “As soon as we looked up, we saw a midsized jet flying low and fast,” Decker said. “It appeared to make a loop or part of a circle, and then it turned fast and headed out.” Decker and Chaney described the plane as a Lear-jet type, with engines mounted near the tail and painted white with no identifying markings. -The Bergen Record (9-14-01)
Susan Mcelwain, 51 – “It came right over me, I reckon just 40 or 50ft above my mini-van,” she recalled.
“There’s no way I imagined this plane – it was so low it was virtually on top of me. It was white with no markings but it was definitely military, it just had that look.
“It had two rear engines, a big fin on the back like a spoiler on the back of a car and with two upright fins at the side. I haven’t found one like it on the internet. It definitely wasn’t one of those executive jets. The FBI came and talked to me and said there was no plane around.”
“Then they changed their story and tried to say it was a plane taking pictures of the crash 3,000ft up.”
“But I saw it and it was there before the crash and it was 40ft above my head. They did not want my story – nobody here did.”
“She said her husband had called her that morning and said ‘I can’t talk, but we’ve just shot a plane down,’ ” Susan said. “I presumed they meant Flight 93.” -Daily Mirror (9-13-02)
► “Earlier Thursday, FBI Special Agent William Crowley said investigators could not rule out that a second plane was nearby during the crash. He later said he had misspoken. He dismissed rumors that a U.S. military jet had intercepted the plane before it could strike a target in Washington, D.C. In testimony before the Senate Armed Services Committee, President Bush’s nominee for chairman of the joint chiefs of staff rejected rumors that the military had shot down the hijacked plane.
“The armed forces did not shoot down any aircraft,” Air Force Gen. Richard Myers said.” -The Bergen Record (9-14-01)
For more about the mystery surrounding Flight 93, see “Was Flight 93 shot down?”
Mr. Buffett’s Berkshire Hathaway Inc. also has a subsidiary company called FlightSafety International Inc., a flight training school.
► BERKSHIRE HATHAWAY INC. Subsidiary Companies: FlightSafety
► FlightSafety International Inc.
“FlightSafety International is the world’s largest provider of aviation services, training over 65,000 pilots annually at 42 Learning Centers in the U.S., Canada, France, and the U.K.”
Flight Safety was also selected by Raytheon as its subcontractor providing the Ground Based Training System for the Joint Primary Aircraft Training System (JPATS) used by the US Air Force and navy for primary pilot training.
FlightSafety International Inc. is reported to have trained at least one of the alleged 9/11 hijackers.
► ABDULRAHMAN AL OMARI
Role: Aboard American Airlines Flight 11.
Florida connection: Issued a Florida driver’s license on May 27, 1994. Lived in Vero Beach neighborhood near two other men, Adnan Bukhari and Amer M. Kamfar, who are linked to investigation. All three took flying instruction together at Flight Safety International. Once listed a home address at the Flight Operations center at New York’s Kennedy Airport and told his Florida landlord he was a Saudi Arabian Airlines pilot.
International connection: Pilot’s license lists address as the airline’s post office box in Saudi Arabia. -St. Petersburg Times (9-15-01)
Also interesting to note is that Embry-Riddle Aeronautical University, another flight training school that reportedly trained at least one of the alleged 9/11 hijackers, has ties with both FlightSafety International Inc. and NetJets along with a lot of other companies “indirectly involved” with 9/11.
► Embry-Riddle Aeronautical University
“At Embry-Riddle Aeronautical University, what we do best is teach the science, practice, and business of aviation, aerospace, and selected related technologies. As the world’s oldest and largest institution of its kind, we maintain our position on the leading edge of technology with state-of-the-industry training facilities for educating the finest aviation and aerospace professionals in the world.”
CORPORATE CONNECTIONS: Federal Aviation Administration (FAA); The Boeing Company; Lockheed Martin; American Airlines; NetJets, Inc.; FlightSafety International; NASA; Northrup Grumman
► WALEED AL SHEHRI
Role: Waleed and Wail Al Shehri sat in seats 2A and 2B of American Airlines Flight 11.
Pilot license: Yes.
Florida connection: Obtained Florida driver’s license in October 1994. Lived in Daytona Beach through 1998 and later moved to Vienna, Va. Al Shehri graduated from Embry Riddle Aeronautical University in 1997 with a bachelor’s degree in aeronautical science, the university’s commercial pilot training degree, and is listed as having a commercial pilot’s license. -St. Petersburg Times (9-15-01)
Finally, Mr. Buffett’s Berkshire Hathaway Inc. has large stock holdings in a company called SunTrust Banks, Inc. and has stock in Coca-Cola. SunTrust also has stock in Berkshire and Coca-Cola and remember that Mr. Buffett is one of the directors of Coca-Cola.
► BERKSHIRE HATHAWAY INC. stock holdings: Coca-Cola Company; SunTrust Bank, Inc.
► The Coca-Cola Company
► SunTrust Banks, Inc.
SunTrust owns 48.3 million shares of common stock in The Coca-Cola Company, obtained when Trust Company of Georgia served as an underwriter for Coca-Colaís initial public offering in 1919. – SunTrust In Brief
1919 – Trust Company of Georgia provides underwriting services to the Coca-Cola Company and receives some of the company’s first publicly traded stock for its services. Through dividend reinvestment and stock splits, SunTrust now owns 48.3 million shares of The Coca-Cola Company. The only written copy of the Coca-Cola formula is in the SunTrust Bank safe deposit vault at the Atlanta Main Office. -SunTrust Historical Highlights
Stock Holdings: Berkshire Hathaway Inc.
SunTrust Banks, Inc. is one of the banks in which most of the alleged 9/11 hijackers reportedly set up bank accounts with using fake social security numbers.
► “The September 11 hijackers were able to open several U.S. bank accounts using illegitimate Social Security numbers, FBI officials said Wednesday.
Officials said the hijackers appeared to have relied most heavily upon SunTrust Banks for the movement of funds through accounts opened in Florida.” -CNN (7-01-02)
► “Dennis Lormel, the chief of the Federal Bureau of Investigation’s unit conducting the financial inquiry of the Sept. 11 plot, told the New York Times that the hijackers moved $325,000 through 14 bank accounts at SunTrust Bank, making that bank the most heavily relied upon.”
California Democratic Sen. Dianne Feinstein said she was surprised the false Social Security numbers were not spotted. ìThey just made them up and that went through? How does that happen?î Feinstein said. -CBS (7-10-02)
One not about Mr. Buffett’s company, even after losing a lot of money after the 9/11 attacks, his company is not doing too shabby these days.
► “Warren Buffett estimated that Berkshire Hathaway, his holding company that generates more than 60% of its revenues from insurance, has some $2.2 billion in exposure to the World Trade Center disaster. Such a loss might sink weaker insurers, but Berkshire has long been built with the idea that it should be able to withstand an “inevitable” catastrophic loss.” -Motley Fool (10-26-01)
► NYSE: BRKa
And by the way, since 9/11 Mr. Buffett has warned businesses and insurers that they should prepare themselves for a inevitable nuclear, chemical or biological attack by terrorists.
► “Warren Buffett, the stock market guru known as the Sage of Omaha, says that businesses and insurers should prepare themselves for a nuclear attack by terrorists.
Mr Buffett’s Berkshire Hathaway investment vehicle and other insurers absorbed $70bn (£48bn) of losses from the destruction of the World Trade Centre towers and he believes worse could come.
“The capability to strike using nuclear, chemical or biological devices isn’t there yet but it will be,” he said at his three-day annual meeting for investors, which has been dubbed Woodstock for Capitalists.
“People are working on it. It could make the World Trade Centre loss look like nothing.” – Guardian (5-06-02)