I’m pleased to announce that Dr. Tom Borelli has joined our communications team for the www.GoldmanSachs666.com project. Tom will serve as Director of Communications, leading a team to present our issues through interviews and presentations. We will be announcing additional Team Members in the next few days. We now have three active Teams of volunteers working on a variety of critical issues, and we will be rolling out a new website very soon.
Tom is uniquely qualified to communicate the issues surrounding Goldman Sachs. As a portfolio manager for the Free Enterprise Action Fund – a shareholder activist mutual fund – Tom has a history of challenging CEOs including former Goldman Sachs CEO Hank Paulson.
At the 2006 Goldman Sachs shareholder meeting, Tom accused Paulson of a conflict of interest stemming from the company’s donation of a huge tract of land to a non-profit where Paulson’s son served as an advisor. Subsequently, Tom’s organization filed a complaint with the Securities and Exchange Commission and submitted testimony opposing Paulson’s nomination for Treasury Secretary.
More recently, Tom received notoriety when Walt Disney CEO Bob Iger launched the F-Bomb at him following his presentation of a shareholder proposal at the company’s annual meeting. As a frequent critic of General Electric, Tom has been interviewed on numerous TV and radio programs discussing the failed leadership of CEO Jeff Immelt.
The Free Enterprise Action Fund has shareholder proposals in numerous proxy statements this year including, Citi, ConocoPhillips, Caterpillar, Exelon, and JPMorgan Chase.
Tom is also a Senior Fellow at the National Center for Public Policy Research where he is the co-director of the Free Enterprise Project. In this role, Tom writes commentaries on the consequences of CEO decisions on public policy. He also manages the website www.FreeEnterpriser.com and is a guest columnist with www.TownHall.com, The D.C. Examiner and a frequent panelist on Fox News’ Strategy Room.
Previously, Tom worked in the corporate world for over 25 years where he obtained firsthand experience with the inner workings of corporations and the myriad of influences on CEO decisions.
Finally, Tom has extensive experience in government affairs. He served as Science Fellow for the U.S. House of Representatives' Committee on Science, Space and Technology during the 100th Congress and he testified on the harmful effects of global warming regulations on our economy and liberty before a Senate Committee.
We are thrilled to have someone of Tom’s caliber on our communications team. Watch for additional announcements and our new website.
CONTACT INFO for Media Requests:
Tom Borelli, Ph.D
Phone: (914) 793-6827
GoldmanSachs666 Message Board
According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage". In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia