Jump to content

Terry McAuliffe: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
ClueBot (talk | contribs)
1,596,818 edits
m Reverting possible vandalism by Whatrocks11 to version by JosTurn97. False positive? Report it. Thanks, ClueBot. (716946) (Bot)
Undid revision 293771382 by ClueBot (talk)
Line 19: Line 19:
| alma_mater = [[Georgetown University Law School]] <small>([[Juris Doctor|J.D.]])</small><br>[[The Catholic University of America]] <small>([[Bachelor of Arts|B.A.]])</small>
| alma_mater = [[Georgetown University Law School]] <small>([[Juris Doctor|J.D.]])</small><br>[[The Catholic University of America]] <small>([[Bachelor of Arts|B.A.]])</small>
}}
}}
'''Terence Richard "Terry" McAuliffe''' (born February 9, 1957) is a longtime fundraiser and political operative for the [[Democratic Party]]. He served as chairman of the [[Democratic National Committee]] (February 2001-February 2005). <ref>{{cite news | first=Roxanne | last=Roberts | title=Terry McAuliffe, Fundraising Client | date=[[2005]]-[[Oct 21|10-05]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2005/10/21/AR2005102100243.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> He also served as chairman of the 2008 [[Hillary Clinton presidential campaign, 2008|Hillary Clinton presidential campaign]].
'''Terence Richard "Terry" McAuliffe''' (born February 9, 1957) is a longtime fundraiser and political operative for the [[Democratic Party]]. He served as chairman of the [[Democratic National Committee]] (February 2001-February 2005). <ref>{{cite news | first=Roxanne | last=Roberts | title=Terry McAuliffe, Fundraising Client | date=[[2005]]-[[Oct 21|10-05]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2005/10/21/AR2005102100243.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> He also served as chairman of the 2008 [[Hillary Clinton presidential campaign, 2008|Hillary Clinton presidential campaign]]. He is currently a Democratic candidate for the [[Virginia gubernatorial election, 2009|2009 gubernatorial election in Virginia]].
According to the [[Washington Post]], he has "a business career built mostly on intricate land deals and dot-com investments, often with wealthy political donors -- and sometimes with no jobs to show for it."<ref>{{cite news | first=Amy | last=Gardner | title=McAuliffe's Background Could Prove A Liability | date=[[2009]]-[[May 3|05-09]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> The [[Washington Post]] stated that "McAuliffe is, at his core, a salesman -- and even called himself a "hustler" in his autobiography." <ref>{{cite news | first=Amy | last=Gardner | title=McAuliffe's Background Could Prove A Liability | date=[[2009]]-[[May 3|05-09]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

He is currently a Democratic candidate for the [[Virginia gubernatorial election, 2009|2009 gubernatorial election in Virginia]].




Line 39: Line 36:


Under McAuliffe, the DNC built a new headquarters, created a computer database of more than 170 million potential voters known as "[[Demzilla]]",<ref>[http://thehill.com/leading-the-news/hill-dems-get-into-demzilla-2005-02-17.html ''The Hill'' newspaper, February 17, 2005]</ref> founded a Women’s Vote Center to educate and mobilize women voters, founded the Voting Rights Institute to protect [[voting rights]], and founded “Something New,” an initiative to mobilize younger voters.
Under McAuliffe, the DNC built a new headquarters, created a computer database of more than 170 million potential voters known as "[[Demzilla]]",<ref>[http://thehill.com/leading-the-news/hill-dems-get-into-demzilla-2005-02-17.html ''The Hill'' newspaper, February 17, 2005]</ref> founded a Women’s Vote Center to educate and mobilize women voters, founded the Voting Rights Institute to protect [[voting rights]], and founded “Something New,” an initiative to mobilize younger voters.

However, McAuliffe's was less successful at getting Democrats elected. In 2001, when McAuliffe became chairman, there were 212 Democratic House Representatives and 50 Democratic Senators. When McAuliffe turned the party over to Howard Dean, there were ten fewer House Democrats and six fewer Democratic Senators, and Sen. John Kerry had been defeated by President George Bush in the 2004 election.{{Fact|date=May 2009}} By way of comparison, under Howard Dean's leadership, House Democrats picked up 55 seats; their Senate colleagues saw their numbers expand by 15.{{Fact|date=May 2009}}


In 2002, [[Carl McCall#Campaign_for_Governor|candidate for Governor of New York]], [[Carl McCall]] accused McAuliffe and the DNC of shorting his campaign of funds. McCall was trailing incumbent [[George Pataki]] by 11 points in polls. McAuliffe said, "I've got to put the resources where we can win elections," describing the races to defeat Florida Governor [[Jeb Bush]] and re-elect Senator [[Jean Carnahan]] of Missouri as his priorities.<ref>{{cite news|last=Hernandez|first=Raymond|title=Democrats place McCall on notice|publisher=The New York Times|date=2002-10-24|url=http://query.nytimes.com/gst/fullpage.html?res=9D00E0D8123CF937A15753C1A9649C8B63|accessdate=2009-02-21}}</ref> Pataki and Bush were re-elected and Carnahan was defeated by [[Jim Talent]] in the
In 2002, [[Carl McCall#Campaign_for_Governor|candidate for Governor of New York]], [[Carl McCall]] accused McAuliffe and the DNC of shorting his campaign of funds. McCall was trailing incumbent [[George Pataki]] by 11 points in polls. McAuliffe said, "I've got to put the resources where we can win elections," describing the races to defeat Florida Governor [[Jeb Bush]] and re-elect Senator [[Jean Carnahan]] of Missouri as his priorities.<ref>{{cite news|last=Hernandez|first=Raymond|title=Democrats place McCall on notice|publisher=The New York Times|date=2002-10-24|url=http://query.nytimes.com/gst/fullpage.html?res=9D00E0D8123CF937A15753C1A9649C8B63|accessdate=2009-02-21}}</ref> Pataki and Bush were re-elected and Carnahan was defeated by [[Jim Talent]] in the
Line 79: Line 74:
<ref name="trn 20081109">{{Citation | last = Sluss | first = Michael | title = Gubernatorial hopefuls meet for forum | newspaper = The Roanoke Times | year = 2008 | date = December 3, 2008 | url = http://www.roanoke.com/politics/wb/186330 }}</ref>
<ref name="trn 20081109">{{Citation | last = Sluss | first = Michael | title = Gubernatorial hopefuls meet for forum | newspaper = The Roanoke Times | year = 2008 | date = December 3, 2008 | url = http://www.roanoke.com/politics/wb/186330 }}</ref>
The Washington Post later reported that "all five are investment partnerships, with no employees, registered to his home address in McLean."<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201_4.html?sid=ST2009050202214</ref>
The Washington Post later reported that "all five are investment partnerships, with no employees, registered to his home address in McLean."<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201_4.html?sid=ST2009050202214</ref>

===Previous business interests===

McAuliffe has a history of mixing politics with business deals has produced "a business career built mostly on intricate land deals and dot-com investments, often with wealthy political donors -- and sometimes with no jobs to show for it."<ref>{{cite news | first=Amy | last=Gardner | title=McAuliffe's Background Could Prove A Liability | date=[[2009]]-[[May 3|05-09]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> According to the Washington Post, "McAuliffe is, at his core, a salesman -- and even called himself a "hustler" in his autobiography." <ref>{{cite news | first=Amy | last=Gardner | title=McAuliffe's Background Could Prove A Liability | date=[[2009]]-[[May 3|05-09]] | url=http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201.html | work=[[The Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

====McAuliffe Driveway Maintenance, 1961-62, Owner====
====Federal City National Bank, 1988-91, Chairman====

In January 1988, when he was 30 years old, McAuliffe became the youngest chairman of a bank in the history of the United States when he assumed responsibility for all aspects of Federal City's operations.<ref>{{cite news | first=Steve | last=Kettman | title=What A Party! | date=[[2007]] pp. 75-76 | work=[[Thomas Dunne Books]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

Shortly thereafter, the bank loaned $125,000 to a political action committee that supported [[Richard Gephardt's]] Presidential campaign. McAuliffe told the New York Times that he abstained from voting on the loan because he was also the Gephardt campaign's finance chairman.<ref>{{cite news | first=Richard | last=Berke | title=Gephardt Received 2 Unsecured Loans | date=[[1988]]-[[Feb 13|02-88]] | url=http://www.nytimes.com/1988/02/13/us/gephardt-received-2-unsecured-loans.html?n=Top/Reference/Times%20Topics/Subjects/P/Presidential%20Elections%20(US) | work=[[The New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

The bank also provided loans to Tony Coelho and the then-Speaker of the United States House of Representatives, Jim Wright. Both Representatives would soon retire from Congress under the cloud of scandal.<ref>{{cite news | first=Jeff | last=Gerth | title=Friendship Counts; Clinton’s Top Fund-Raiser Made Lots for Himself, Too | date=[[1999]]-[[Dec 12|12-99]] | url=http://www.nytimes.com/1999/12/12/us/friendship-counts-clinton-s-top-fund-raiser-made-lots-for-himself-too.html?pagewanted=all | work=[[The New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

In 1991, under McAuliffe's leadership, the bank was cited by federal regulators for unsafe and unsound banking practices. Regulators forced McAuliffe to sign a consent agreement that required the bank to hire outside management, review delinquent loans, track bad credit, and raise additional capital. <ref>{{cite news | title=Comptroller Cites Two Banks in Area for Unsafe Practices, | date=[[1991]]-[[Oct 16|10-91]] | | work=[[The Washington Post]] | }}</ref>

Ultimately, McAuliffe was unable to raise the additional capital required by federal regulators.<ref>{{cite news | title=Small Banks in District Pushed Against the Wall | date=[[1991]]-[[Oct 7|10-91]] | work=[[Washington Business Journal]] | }}</ref>

In December 1991, after four years as chairman and with his bank reeling from real-estate losses, McAuliffe merged Federal City National Bank with another institution run by political insiders, Credit International Bank. <ref>{{cite news |title=Bank Start-Ups Get Bowled Over by Stubborn Real-Estate Recession| date=[[1992]]-[[July 23|07-92]] }}</ref>
<ref>{{cite news | title=Comptroller Cites Two Banks in Area for Unsafe Practices, | date=[[1991]]-[[Oct 16|10-91]] | | work=[[The Washington Post]] | }}</ref>


====McAuliffe, Kelly, Raffaelli, 1990-94, Chairman, lobbying and law firm====
====McAuliffe, Kelly, Raffaelli, 1990-94, Chairman, lobbying and law firm====
Line 115: Line 90:
Press reports indicate that McAuliffe excelled at driving results for the firm's clients, even after he left the firm. For example, McAuliffe and the president of the Cellular Telecommunications Industry Association attended a White House coffee on August 3, 1995. One week later, on August 10, 1995, the Clinton administration directed the government to craft a policy that would more easily accommodate the cellular industry's need for cell tower sites on federal land.
Press reports indicate that McAuliffe excelled at driving results for the firm's clients, even after he left the firm. For example, McAuliffe and the president of the Cellular Telecommunications Industry Association attended a White House coffee on August 3, 1995. One week later, on August 10, 1995, the Clinton administration directed the government to craft a policy that would more easily accommodate the cellular industry's need for cell tower sites on federal land.
<ref>{{cite news|last=Gardner|first=Amy|title=McAuliffe's Ties to Lobbyists|publisher=Washington Post|date=2009-03-26|url=http://voices.washingtonpost.com/virginiapolitics/2009/03/terry_mcauliffes_ties_to_lobby.html |accessdate=2009-03-21}}</ref>
<ref>{{cite news|last=Gardner|first=Amy|title=McAuliffe's Ties to Lobbyists|publisher=Washington Post|date=2009-03-26|url=http://voices.washingtonpost.com/virginiapolitics/2009/03/terry_mcauliffes_ties_to_lobby.html |accessdate=2009-03-21}}</ref>

====The Boland Group, 1991-94, Consultant====
In May of 1990, American Pioneer, a savings and loan bank headquartered in Florida and owned by McAuliffe's future father-in-law (Richard Swann), was seized by federal regulators and placed into receivership with the Resolution Trust Corporation.<ref name="bank7">[Complaint, “Resolution Trust Corporation v. Catalina Homes, Ltd.,” Ninth Judicial Circuit Court for Orange County, Case No. CI91-10491, Filed December 3, 1991]</ref>

In June of 1991, McAuliffe, Tony Coelho and John Boland organized a commercial real estate company named the "The Boland Group, Inc." McAuliffe responsibilities included business development.

Between 1991 and 1994, The Boland Group brokered at least two deals between American Capital Group and the Resolution Trust Corporation. A notable principle at American Capital Group was Dorothy (Swann) McAuliffe, daughter of Richard Swann. Specifically, Dorothy McAuliffe's presence raised eyebrows because the property her company purchased was held by her father's failed bank, American Pioneer Savings and Loan before turned its assets over to the taxpayer funded Resolution Trust Corporation.<ref name="bank9">[Complaint, “Gargan v. Coelho,” District of Columbia Superior Court, Case No. 95CA006604, Filed August 18, 1995]</ref>

The Boland Group's client list included the Clinton/Gore 1996 Re-election committee, the Resolution Trust Corporation, the Pension Benefit Guarantee Corporation, The United States Immigration and Naturalization Service and several of Washington's most powerful and connected law firms and lobbying shops.

In 1997 McAuliffe told Mother Jones Magazine that he was never a partner in the Boland Group, that his exposure was limited to receiving referral fees and that he severed all ties with the company in March 1994.<ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>
<ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

====Telergy, 1999-2001, Director====
From August of 1999 until August of 2001, McAuliffe served on the Board of Directors at Telergy, a telecom company. Press reports indicated that he had been helping the company in an unofficial capacity for the previous three years. In September 1999, a month after McAuliffe joined the board, Global Crossing invested $40 million in Telergy; McAuliffe brokered the deal and pocketed $1.2 million for his efforts. In August and September of 2001, Telergy laid off 450 employees without providing any severance package. In December that year, Telergy began Chapter 7 bankruptcy proceedings.

====InPhonic, 2000-2007, Director, telecom company====
In September of 2000, Terry McAuliffe joined the board of [[InPhonic]], a Washington-based company that sold cell phones and related technology over the Internet.

The law firm of Finkelstein Thompson LLP announced a lawsuit seeking class action status has been filed in the United States District Court for the District of Columbia against InPhonic, Inc. in May of 2007.<ref>{{cite news | title=Finkelstein Thompson LLP Announces Investigation of InPhonic, Inc. | date=[[2008]]-[[May |05-07]] | url=http://findarticles.com/p/articles/mi_hb5554/is_200705/ai_n21903711/ | work=[[Find Articles]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

In November 2007, the company filed for bankruptcy. According to court filings related to a lawsuit, while “on the verge of bankruptcy”, InPhonic concealed its financial condition and borrowed $4 million from Icon International, a corporate bartering brokerage. In addition, thousands of InPhonic’s customers filed complaints alleging that the company did not honor its rebate promises. The company was rated “F” by the Better Business Bureau.'''<ref>{{cite news | title=Opinions | date=[[2008]]-[[June 2|06-08]] | url=http://www.deb.uscourts.gov/Opinions/2008/kg060208_08-50288.pdf | work=[[US Court Opinion]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref><ref>{{cite news | title=Opinions | date=[[2008]]-[[June 2|06-08]] | url=http://www.deb.uscourts.gov/Opinions/2008/kg060208_08-50288.pdf | work=[[US Court Opinion]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>


===Current business interests===
===Current business interests===
Line 156: Line 109:


In mid-January 2002, the DNC criticized President [[George W. Bush]] and the Republican party for their ties to Enron culminating with McAuliffe attacking Bush on this issue during a January 20, 2002 appearance on ''Meet the Press.''<ref name="McAuliffe 317">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 317</ref> Starting on January 28, 2002, McAuliffe was criticized by political commentators including [[Matt Drudge]],<ref name="McAuliffe 318">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 318</ref> [[Frank Rich]],<ref name="nyt 20070204">{{Citation | last = Rich | first = Frank | author-link = Frank Rich | title = State of the Enron | newspaper = The New York Times | year = 2002 | date = February 2, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9507E5DD153DF931A35751C0A9649C8B63 }}</ref> [[Rick Perlstein]]<ref name="nytbooks 20070204">{{Citation | last = Perlstein | first = Rick | author-link = Rick Perlstein | title = The Operator (a review of "What a Party! My Life Among Democrats") | newspaper = The New York Times | year = 2007 | date = February 4, 2007 | url = http://www.nytimes.com/2007/02/04/books/review/Perlstein.t.html?fta=y }}</ref>, [[William Safire]]<ref name="safire">{{Citation | last = Safire | first = William | author-link = William Safire | title = The Flipped-Over Rock | newspaper = The New York Times | year = 2002 | date = February 21, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9A00E7DE153EF932A15751C0A9649C8B63}}</ref>, and [[Arianna Huffington]]<ref name="huffington">{{Citation | last = Huffington | first = Arianna | author-link = Arianna Huffington | title = The coming populist revolution? | newspaper = Salon | year = 2002 | date = August 19, 2002 | url = http://dir.salon.com/story/news/col/huff/2002/08/19/powder_keg/index.html }}</ref> for his investments in [[Global Crossing]], which filed for bankruptcy in 2002.<ref name="wapo 20020128">{{Citation | last = Stern | first = Christopher | title = Global Crossing Files for Bankruptcy: Debt Load Dooms Former Highflier | newspaper = Washington Post | year = 2002 | date = January 28, 2002 | url = http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A51536-2002Jan28 }}</ref> One ''New York Times'' reporter categorized the accusations against Global Crossing as "many of the same accusations that have made [[Enron]] into one of the largest corporate scandals in history."<ref name="nyt 20020313">{{Citation | last = Oppel | first = Richard A. | title = House Panel's Investigation Of Global Crossing Is Started | newspaper = The New York Times | year = 2002 | date = March 13, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9407E2DD1239F930A25750C0A9649C8B63 }}</ref> McAuliffe played no management role in Global Crossing<ref name="McAuliffe 318"/> and had no ties to Enron. [[Howard Kurtz]] of [[CNN]] reported that McAuliffe was free of any wrongdoing, having sold his shares years before there was "any hint of trouble with the company."<ref>[http://edition.cnn.com/TRANSCRIPTS/0203/02/rs.00.html ''CNN Reliable Sources'', How Did Media Cover Enron?, March 2, 2002]</ref> On July 20, 2002, [[Marc Racicot]], the chairman of the [[Republican National Committee]] told [[Fox News]] reporter [[Rita Cosby]], "I haven't seen anything that was done that was wrong by Terry McAuliffe."<ref>[http://archive.newsmax.com/scripts/showinside.pl?a=2002/7/20/235819 ''Fox News'', citation from July 21, 2002]{{Dead link|url=http://archive.newsmax.com/scripts/showinside.pl?a=2002/7/20/235819|date=May 2009|date=July 2008}}</ref> On January 29, 2000, McAuliffe discussed the issue on the Fox News television program ''Hannity & Colmes'' where he claimed that former President [[George H.W. Bush]] gave a speech in [[Japan]] praising Global Crossing in exchange for the right to purchase $80,000 of stock at a reduced price of 34 cents per share.<ref name="McAuliffe 319">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 319</ref>
In mid-January 2002, the DNC criticized President [[George W. Bush]] and the Republican party for their ties to Enron culminating with McAuliffe attacking Bush on this issue during a January 20, 2002 appearance on ''Meet the Press.''<ref name="McAuliffe 317">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 317</ref> Starting on January 28, 2002, McAuliffe was criticized by political commentators including [[Matt Drudge]],<ref name="McAuliffe 318">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 318</ref> [[Frank Rich]],<ref name="nyt 20070204">{{Citation | last = Rich | first = Frank | author-link = Frank Rich | title = State of the Enron | newspaper = The New York Times | year = 2002 | date = February 2, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9507E5DD153DF931A35751C0A9649C8B63 }}</ref> [[Rick Perlstein]]<ref name="nytbooks 20070204">{{Citation | last = Perlstein | first = Rick | author-link = Rick Perlstein | title = The Operator (a review of "What a Party! My Life Among Democrats") | newspaper = The New York Times | year = 2007 | date = February 4, 2007 | url = http://www.nytimes.com/2007/02/04/books/review/Perlstein.t.html?fta=y }}</ref>, [[William Safire]]<ref name="safire">{{Citation | last = Safire | first = William | author-link = William Safire | title = The Flipped-Over Rock | newspaper = The New York Times | year = 2002 | date = February 21, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9A00E7DE153EF932A15751C0A9649C8B63}}</ref>, and [[Arianna Huffington]]<ref name="huffington">{{Citation | last = Huffington | first = Arianna | author-link = Arianna Huffington | title = The coming populist revolution? | newspaper = Salon | year = 2002 | date = August 19, 2002 | url = http://dir.salon.com/story/news/col/huff/2002/08/19/powder_keg/index.html }}</ref> for his investments in [[Global Crossing]], which filed for bankruptcy in 2002.<ref name="wapo 20020128">{{Citation | last = Stern | first = Christopher | title = Global Crossing Files for Bankruptcy: Debt Load Dooms Former Highflier | newspaper = Washington Post | year = 2002 | date = January 28, 2002 | url = http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A51536-2002Jan28 }}</ref> One ''New York Times'' reporter categorized the accusations against Global Crossing as "many of the same accusations that have made [[Enron]] into one of the largest corporate scandals in history."<ref name="nyt 20020313">{{Citation | last = Oppel | first = Richard A. | title = House Panel's Investigation Of Global Crossing Is Started | newspaper = The New York Times | year = 2002 | date = March 13, 2002 | url = http://query.nytimes.com/gst/fullpage.html?res=9407E2DD1239F930A25750C0A9649C8B63 }}</ref> McAuliffe played no management role in Global Crossing<ref name="McAuliffe 318"/> and had no ties to Enron. [[Howard Kurtz]] of [[CNN]] reported that McAuliffe was free of any wrongdoing, having sold his shares years before there was "any hint of trouble with the company."<ref>[http://edition.cnn.com/TRANSCRIPTS/0203/02/rs.00.html ''CNN Reliable Sources'', How Did Media Cover Enron?, March 2, 2002]</ref> On July 20, 2002, [[Marc Racicot]], the chairman of the [[Republican National Committee]] told [[Fox News]] reporter [[Rita Cosby]], "I haven't seen anything that was done that was wrong by Terry McAuliffe."<ref>[http://archive.newsmax.com/scripts/showinside.pl?a=2002/7/20/235819 ''Fox News'', citation from July 21, 2002]{{Dead link|url=http://archive.newsmax.com/scripts/showinside.pl?a=2002/7/20/235819|date=May 2009|date=July 2008}}</ref> On January 29, 2000, McAuliffe discussed the issue on the Fox News television program ''Hannity & Colmes'' where he claimed that former President [[George H.W. Bush]] gave a speech in [[Japan]] praising Global Crossing in exchange for the right to purchase $80,000 of stock at a reduced price of 34 cents per share.<ref name="McAuliffe 319">''What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals'', St. Martin's Press, c. 2007, Page 319</ref>

==Controversies==

===Turkey, 1991-92===

During 1991-92, Turkey spent $3.8 million on lobbyists. McAuliffe's lobbying firm, [[McAuliffe, Kelly, Raffaelli]], was criticized in a report titled "The Torturers' Lobby," published in 1992 by the Center for Public Integrity for representing Turkey at a time when it was the subject of international scrutiny for alleged human rights abuses. The report revealed McAuliffe’s lobbying firm was paid hundreds of thousands of dollars to manage Turkey’s "image" within the United States. <ref>{{cite news | title=The Torturers Lobby | date=[[1992]] | url=http://www.publicintegrity.org/assets/pdf/THETORTURERSLOBBY.pdf | work=[[Time (magazine)|TIME]] | accessdate=[[2009]]-[[April 30|04-09]]}}</ref>

The McAuliffe gubernatorial campaign says the company's work for Turkey had to do with a longstanding dispute between Armenia and Turkey over a period of history after World War I when the Ottoman Empire killed, by some estimates, more than 1 million Armenians.<ref>{{cite news | first=Amy | last=Gardner | title= McAuliffe's Ties to Lobbyists | date=[[2000]]-[[May 28|05-28]] | url=http://voices.washingtonpost.com/virginiapolitics/2009/03/terry_mcauliffes_ties_to_lobby.html | work=[[Washington Post (newspaper)|WaPost]] | accessdate=[[2009]]-[[April 25|04-09]]}}</ref>

===Prudential lease deal, 1993-97===

While he was a Clinton fundraiser at the DNC, head of a lobbying firm, and Ambassador to a Korean trade expo, in 1993 McAuliffe's firm accepted $375,000 "contingency fee" from Prudential Insurance for a lease deal with Pension Benefit Guaranty Corporation (PBGC), a government agency.

According to Mother Jones Magazine, court records showed that the Department of Justice requested copies of a 1995 U.S. District Court case in Virginia that detailed allegations (including the PBGC deal) against McAuliffe and The Boland Group, a real estate partnership with which he was associated. The Boland Group had earlier sued its former partner David Nunes for fraud. Nunes filed a countersuit claiming The Boland Group used improper political connections to obtain real estate commissions.

The Mother Jones article states: "Nor was Nunes alone. A lawsuit filed in the Washington, D.C., Superior Court by another former business associate, Joseph Gargan, also claimed McAuliffe and (former Rep. Tony) Coelho used their political clout to snare lucrative deals. Gargan's suit alleged that between 1990 and 1995 McAuliffe and The Boland Group took in $2.4 million in real estate commissions, without giving Gargan his cut. The group recruited Gargan in 1990 to serve as its licensed real estate agent in the District of Columbia; Gargan claimed the group had fraudulently used his real estate license to broker deals behind his back."<ref>{{cite news | first=Stephanie| last=Mencimer | title=McAuliffe Inc.| date=[[1997]]-[[May 1|5-97]] | url=http://www.motherjones.com/politics/1997/05/mcauliffe-inc | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> <ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>
The Justice Department later closed its investigation without bringing charges.

===John Huang, 1994-97===

During 1997, several DNC fundraising scandals that took place during the 1996 election cycle came to light, including the matter of a former mid-level Commerce official named John Huang.<ref>{{cite news | first=Brian | last=Duffy | title=A Fund-Raiser's Rise and Fall| date=[[1997]]-[[May |5-97]] | url=http://www.washingtonpost.com/wp-srv/politics/special/campfin/stories/huang0513.htm | work=[[Washington Post]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

McAuliffe has made conflicting statements regarding his relationship with Huang, some of which he later recanted.

According to Mother Jones Newswire, McAuliffe's statement are important to understanding the campaign finance scandals at the time. In the 1970s, Congress limited individual contributions to candidates, but it left unrestricted the amounts donors could give to the parties so long as the donations were not targeted to specific candidates. Among the issues surrounding the 1996 elections was the charge that the Clinton/Gore campaign effectively directed fundraising and spending at the DNC.

McAuliffe's denial of any coordination contrary struck some as insincere. A source told Mother Jones Newswire that "It was one fundraising system with two roads that ran from it...Terry was in charge of the fundraising system for the president. It doesn't matter if you call it the DNC or you call it Clinton/Gore. Everything was so tightly coordinated."

Mother Jones Newswire noted McAuliffe had argued that he was not involved in the campaign during most of 1996, when many apparent fundraising abuses -- such as the hundreds of thousands of dollars solicited from questionable sources by DNC fundraiser John Huang -– took place, as McAuliffe told Mother Jones "From November [1995] until September [1996] I was gone."

He said he left when the Clinton/Gore committee reached the maximum total in contributions allowed by law. Miami lawyer Marvin Rosen took over fundraising at the DNC shortly thereafter, and McAuliffe says he didn't return until September to help the DNC make a final fundraising push.

Mother Jones adds, "But McAuliffe was contradicting his own statements from other interviews, in which he said he had met Huang briefly at a 1996 dinner. Also, Huang and his wife, Jane, contributed $25,000 to the DNC while McAuliffe was DNC finance chairman in 1994." The article continues:

:''In a second interview with Mother Jones, McAuliffe changes his story, acknowledging that he raised money in the spring and summer of 1996. He estimates he raised $3-$5 million for the Democrats and was present at two intimate White House lunches during the period, blaming his involvement on big-money contributors who didn't want to deal with anybody else. "People knew I was close to the president," he shrugs. "Probably closer than most people. So they wanted to be with me."''

:''At this point, the motivational pitchman who can "sell" is replaced by an operative professing fundraising fatigue. "I'm tired of the dough," he says. "I don't ever want to do it again." For the next two years, McAuliffe says, he'll concentrate on his home-building business, American Heritage Homes.'' <ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>
The Justice Department later closed its investigation without bringing charges.

PBS' ''Frontline'' provided a timeline of events related to the scandals of the 1996 cycle:<ref>{{cite news | title=Washington's Other Scandal| date=[[1996]] | url=http://www.pbs.org/wgbh/pages/frontline/shows/scandal/inside/cron.html | work=[[PBS]] | accessdate=[[1996]]}}</ref>

===David Chang & South Korea funders, 1995-98===

Chang was a Korean or Chinese (his place of birth is a matter of dispute) businessman based in New Jersey. He donated lavishly to various Democratic candidates and organizations, and was repeatedly a guest at the Clinton White House. <ref>{{cite news | first=Tim | last=Golden | title=Buying Entree: Winning Washington's Ear, a Checkbook and a Tale| date=[[2000]]-[[Aug 28|8-00]] | url=http://www.nytimes.com/2000/08/28/nyregion/buying-entree-winning-washington-s-ear-with-a-checkbook-and-a-tale.html?scp=2&sq=mcauliffe%20south%20korea&st=cse&pagewanted=all | work=[[New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

Between 1995-96, Change orchestrated approximately $54,000 worth of illegal campaign contributions. He also hired Terry McAuliffe to assist him in buying a bank in South Korea in mid-1998.

The sources of Chang's wealth have never been established, and are a matter of some suspicion, given that between 1996-98 he donated funds to politicians and experienced gambling losses well in excess of his reported income. Also, his various companies boasted of large business deals, but many projects never seemed to get beyond the planning stage.<ref>{{cite news | first=Tim | last=Golden | title=Buying Entree: Winning Washington's Ear, a Checkbook and a Tale| date=[[2000]]-[[Aug 28|8-00]] | url=http://www.nytimes.com/2000/08/28/nyregion/buying-entree-winning-washington-s-ear-with-a-checkbook-and-a-tale.html?scp=2&sq=mcauliffe%20south%20korea&st=cse&pagewanted=all | work=[[New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

A businessman named Robert Lee, 49, pleaded guilty to violating federal elections laws by giving the Democratic National Committee $150,000 drawn from a South Korean corporation. Lee was the 16th person charged in a Justice Department investigation of campaign financing in the 1996 election. <ref>{{cite news | first=Alamo | last=Girl | title=Downside Legacy at Two Degrees of President Clinton| date=[[2001]]-[[Jan 8|1-01]] | url=http://www.alamo-girl.com/0331.html | work=[[Alomo Girl]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

===White House coffees, 1995-96===

During McAuliffe's tenure as chairman of the Democratic National Committee, he used his access to the White house and close ties with the Clintons to generate funds for the DNC in a number of unorthodox ways. He raised at least $27 million by arranging at least 103 coffees with the Clintons on behalf of large donors. <ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>
The Justice Department later closed its investigation without bringing charges.

===Lincoln bedroom sleepovers, 1995-96===

McAuliffe wrote the famous memo to rent out the Lincoln Bedroom in the White House to major campaign givers. At least 938 people paid between $25-$2000 in the form of donations to the DNC for the privilege of spending the night in the Lincoln Bedroom.<ref>{{cite news |title=Clinton Ok'd Using Lincoln Bedroom For Contributors| date=[[1997]]-[[Feb 25|2-97]] | url=
http://www.cnn.com/ALLPOLITICS/1997/02/25/clinton.money/ | work=[[CNN]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref><ref>{{cite news | title=Friendship Counts; Clinton’s Top Fund-Raiser Made Lots for Himself, Too| date=[[1999]]-[[Dec 12|12-99]] | work=[[The New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> <ref>{{cite news | first=Nopeto | last=Terry | title=The Lincoln Bedroom Guest List| date=[[1997]]-[[Feb 25|2-97]] | url=http://www.cnn.com/ALLPOLITICS/1997/02/25/clinton.money/list.html | work=[[CNN]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> <ref>{{cite news | first=Jennings | last=Moss | title=Big Game Hunter| date=[[1997]]-[[Feb |2-97]] | url=http://www.laborers.org/MoJo_Terry_4-97.htm | work=[[Mother Jones]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref> <ref>{{cite news | first=Thomas | last=Defrank | title=Big Bucks: Who Slept here| date=[[1997]]-[[Feb 26|2-97]] | url=http://www.nydailynews.com/archives/news/1997/02/26/1997-02-26_big-bucks_who_s_who_slept_he.html | work=[[New York Daily News]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

===Teamsters-DNC deal, 1996===

McAuliffe worked to find wealthy Democratic donors to supply funds for the election campaign of Ron Carey for Teamsters President. In return, Carey agreed to direct Teamster donations to the Unity election fund. Unity was a joint fund-raising effort by the Clinton-Gore campaign and the campaign committees for the House and Senate Democrats.<ref>{{cite news | first=Steven | last=Greenhouse | title=Witness Says Clinton Friend Had Part in Teamster Money Scheme | date=[[1999]]-[[Nov 18|11-99]] | url=http://www.nytimes.com/1999/11/18/us/witness-says-clinton-friend-had-part-in-teamster-money-scheme.html?scp=20&sq=terry+mcauliffe&st=nyt | work=[[The New York Times]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

===Global Crossing, 1997-99===

In 1997, McAuliffe contracted to work as a consultant for Gary Winnick's Pacific Capital Group. Winnick, then-CEO of Global Crossing, terminated the contract after one year; McAuliffe had produced "no deals".

While working out of Winnick's pacific offices, McAuliffe was invited to invest $100,000 in a company known then as Atlantic Crossing. "Like many investors in the late 90s, I was on the lookout for investments related to the Internet," McAuliffe said. By August 1999, the company had changed its name to Global Crossing and launched an IPO. McAuliffe's $100,000 investment, made just two years earlier, was worth $18,000,000 according to press reports.

Also in 1999, McAuliffe claims to have arranged a golf outing for Gary Winnick and then-President Bill Clinton. According to McAuliffe, Winnick pledged $1,000,000 to Clinton's Library sometime during the round.

1999 was also the year that Winnick's Global Crossing, at McAuliffe's behest, invested $40,000,000 in Telergy, the telecommunications company that retained McAuliffe as a member of its board of directors. Telergy paid McAuliffe a $1.2 million commission for his efforts. <ref>{{cite news | first=Nopeto | last=Terry | title=Intertwined Terry McAuliffe Business Failures: Global Crossing & Telergy| date=[[2009]]-[[May 5|5-09]] | url=http://www.youtube.com/watch?v=CNrGww7cX7M | work=[[You Tube]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

===Herman v. Moore, 1999-2001===

In 1999, the U.S. Department of Labor sued Jack Moore, pension fund manager for the International Brotherhood of Electrical Workers, on the basis of several deals made with McAuliffe. In one deal, McAuliffe and the pension fund partnered to buy commercial property in Florida, with Terry McAuliffe investing $100 while the pension fund put up $39 million. McAuliffe received a 50% interest in the partnership and emerged with $2.45 million from his original $100 investment. The lawsuit was called Herman v. Moore, with Alexis Herman, the Secretary of Labor, as the plaintiff. In October 2001, Moore and another union official agreed to pay six-figure penalties for their roles in the deals and the union agreed to reimburse the pension fund. McAuliffe was not charged with wrongdoing. <ref>{{cite news | first=Paula | last=Dwyer | title=The Heat on Clinton's Money Man| date=[[1997]]-[[Dec 22|12-97]] | url=http://www.laborers.com/BusinessWk_12-22-97.html | work=[[Business Week]] | accessdate=[[2009]]-[[May 5|05-09]]}}</ref>

===Carl McCall, 2002===

In 2002, candidate for Governor of New York, Carl McCall accused McAuliffe and the DNC of shorting his campaign of funds. McCall was trailing incumbent [[George Pataki]] by 11 points in polls. McAuliffe said, "I've got to put the resources where we can win elections," describing the races to defeat Florida Governor [[Jeb Bush]] and re-elect Senator Jean Carnahan of Missouri as his priorities. <ref>{{cite news|last=Hernandez|first=Raymond|title=Democrats place McCall on notice|publisher=The New York Times|date=[[2002]]-[[Dec 10|12-02]] | url=http://query.nytimes.com/gst/fullpage.html?res=9D00E0D8123CF937A15753C1A9649C8B63|accessdate=[[2008]]-[[Feb 21|02-08]]}}</ref>

Pataki and Bush were re-elected and Carnahan was defeated by [[Jim Talent]] in the
[[United States gubernatorial elections, 2002|2002 gubernatorial]] and [[United States Senate elections, 2002|Senate]] elections.

===Ralph Nader bribing allegation===

In [[May]] of [[2009]], perennial presidential candidate [[Ralph Nader]] alleged that McAuliffe offered him money to avoid key states during the [[United States presidential election, 2004|2004 presidential election]]. According to Nader, McAuliff offered to financially support Nader's 2004 presidential campaign in 31 states if Nader agreed to stay off the [[ballot]] in 19 [[swing state]]s. McAuliff has denied the allegation<ref>http://www.news8.net/news/stories/0509/627369.html</ref>.


==Book==
==Book==

Revision as of 18:58, 1 June 2009

Terry McAuliffe
49th Chairman of the Democratic National Committee
In office
2001–2005
Preceded byEd Rendell
Succeeded byHoward Dean
Personal details
Born
Terence Richard McAuliffe

(1957-02-09) February 9, 1957 (age 67)
Syracuse, New York
Political partyDemocratic
SpouseDorothy McAuliffe
ChildrenDori, Jack, Mary, Sally, and Peter
Residence(s)McLean, Virginia
Alma materGeorgetown University Law School (J.D.)
The Catholic University of America (B.A.)
Professionbusinessman, political consultant

Terence Richard "Terry" McAuliffe (born February 9, 1957) is a longtime fundraiser and political operative for the Democratic Party. He served as chairman of the Democratic National Committee (February 2001-February 2005). [1] He also served as chairman of the 2008 Hillary Clinton presidential campaign. He is currently a Democratic candidate for the 2009 gubernatorial election in Virginia.


Family and education

McAuliffe grew up in Syracuse, New York and graduated from Bishop Ludden Junior/Senior High School in 1975. His father was treasurer of the local Democratic organization.[2] He started his first business, McAuliffe Driveway Maintenance, at the age of 14. In 1979, he received a bachelors degree from The Catholic University of America in Washington, D.C. After graduation, McAuliffe took a job in the 1980 presidential reelection campaign of Jimmy Carter, and at the age of 22 became the national finance director. It was during this campaign that McAuliffe wrestled an eight-foot, 260-pound alligator for a $15,000 contribution.[3] After the campaign, McAuliffe enrolled in law school at Georgetown University. He received a Juris Doctor degree in 1984.[4] McAuliffe then served as Chairman of the Federal City National Bank by the age of 30.

He has five children with wife Dorothy: Dori, Jack, Mary, Sally, and Peter.

Politics

From 1980 to 1981, McAuliffe served as Deputy Treasurer and Director of Finance at the Democratic National Committee. From 1985 to 1987, McAuliffe served as finance director of the Democratic Congressional Campaign Committee. During the 1988 presidential campaign, he served as finance chairman for Dick Gephardt. During the 1996 election cycle, he served as national finance chairman and then national co-chairman of the Clinton-Gore re-election committee.[5] In 1997, he was chairman of the 53rd Presidential Inaugural Committee.[6] In 1999, he was chairman of the White House Millennium Celebration.[7] In 2000, McAuliffe chaired a tribute to outgoing President Bill Clinton, which set a fundraising record for a single event, raising $26.3 million.[8] The same year, he chaired the Democratic National Convention in Los Angeles. In 2001, McAuliffe spoke out against the Clinton pardons, saying he considered Clinton a great friend, but the pardons were troubling and a mistake: "I've publicly said the Rich pardon was a mistake. If I were president I wouldn't have done it. All these incidents are unfortunate, frustrating and distracting, but ultimately they will run their course."[9]

Chairman of the Democratic National Committee

In February 2001, McAuliffe was elected chairman of the DNC and served until February 2005. During that time, he raised $578 million and the Democratic Party emerged from debt for the first time in its history.[10]

Under McAuliffe, the DNC built a new headquarters, created a computer database of more than 170 million potential voters known as "Demzilla",[11] founded a Women’s Vote Center to educate and mobilize women voters, founded the Voting Rights Institute to protect voting rights, and founded “Something New,” an initiative to mobilize younger voters.

In 2002, candidate for Governor of New York, Carl McCall accused McAuliffe and the DNC of shorting his campaign of funds. McCall was trailing incumbent George Pataki by 11 points in polls. McAuliffe said, "I've got to put the resources where we can win elections," describing the races to defeat Florida Governor Jeb Bush and re-elect Senator Jean Carnahan of Missouri as his priorities.[12] Pataki and Bush were re-elected and Carnahan was defeated by Jim Talent in the 2002 gubernatorial and Senate elections. Democrats also lost seats in the House.

In the transition period between the 2002 elections and the 2004 Democratic convention, the DNC rebuilt operations and intra-party alliances. Donna Brazile, one of McAuliffe's early critics, summed up McAuliffe's revival: "We boxed. He has been punched, believe me. Now, Terry has put the party in a strong strategic position."[13]

In 2003-04, the DNC hosted six presidential primary debates, more than had ever been held previously, including the first-ever bilingual presidential debate. The DNC also partnered with the Congressional Black Caucus to hold a debate in Baltimore, Maryland. Additionally, McAuliffe worked to restructure the Democratic primary schedule so that states such as South Carolina, Arizona and New Mexico would be allowed to vote earlier, in move designed to bolster ties to African-American and Hispanic communities. According to the Washington Post, the new schedule gave Senator Kerry enough time to raise more than $200 million for the general election.[13]

In January 2005, Howard Dean followed through on a McAuliffe promise and distributed $5 million to Tim Kaine, the Democratic candidate for the Virginia governor's seat. This donation was the largest non-presidential disbursement in DNC history, and was part of McAuliffe's attempt to prove the Democrats' viability in southern states in the wake of the 2004 presidential election.[14] Kaine was successful in his bid and is the current governor of Virginia.

McAuliffe's tenure was criticised for losing seats in Congress and failure to regain the presidency with John Kerry.[citation needed]

In 2002, candidate for Governor of New York, Carl McCall accused McAuliffe and the DNC of shorting his campaign of funds. McCall was trailing incumbent George Pataki by 11 points in polls. McAuliffe said, "I've got to put the resources where we can win elections," describing the races to defeat Florida Governor Jeb Bush and re-elect Senator Jean Carnahan of Missouri as his priorities.[15] Pataki and Bush were re-elected and Carnahan was defeated by Jim Talent in the 2002 gubernatorial and Senate elections. Democrats also lost seats in the House.

Post DNC chairmanship

On January 23, 2007, his book, What A Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals (ISBN 9780312357870), was released and debuted at #5 on the New York Times Bestseller list and #1 on the Washington Post's list.

As a former party chairman, McAuliffe was one of the roughly 796 superdelegates to the 2008 Democratic National Convention.

During the 2008 presidential election campaign cycle, he was campaign chairman for Hillary Clinton.

On June 4, 2008, McAuliffe appeared on the MSNBC program Morning Joe, presenting a bottle of rum to Mika Brzezinski. After imbibing several shots of the rum on-air he stated that Barack Obama "had the numbers" and that Hillary Clinton knew she had lost the 2008 primary race.[16]

Terry McAuliffe at 2008 Democratic National Convention in Denver

2009 Virginia gubernatorial campaign

Main article: Virginia gubernatorial election, 2009

On November 10, 2008, McAuliffe filed to form an exploratory committee for Governor of Virginia in the 2009 election.[17] He told reporters that he plans to spend the next few months traveling to "every corner of Virginia" to measure interest in his possible run.[17] McAuliffe told The Washington Post that he is "best suited to carry the Democratic banner because he will campaign as a business leader who can bring jobs to Virginia."[17] He also cited his ability to raise money for down-ticket Democratic candidates.[17] On January 3, 2009, McAuliffe announced in a YouTube video emailed to his supporters that he will be running for Governor of Virginia in the Democratic primaries.[18]

McAuliffe's political team includes several former staffers from the campaigns of Democrats Hillary Clinton, Tim Kaine, Mark Warner and Jim Webb. Among them are campaign manager Mike Henry, senior strategist Mo Elleithee, and communications director Delacey Skinner.[19] According to The Washington Post, some political observers say McAuliffe could raise as much as $80 million over the course of the campaign.[20]

In the primary, McAuliffe is facing two other high-profile Democrats, State Sen. Creigh Deeds, 2005 nominee for Attorney General, and Brian Moran, a former state representative and former Democratic Caucus Chairman. Virginia Attorney General Bob McDonnell is the only candidate for the Republican nomination.[21]

Business experience

In December 2008, at a Richmond gubernatorial forum, McAuliffe said he has "started five businesses in the region." [22] The Washington Post later reported that "all five are investment partnerships, with no employees, registered to his home address in McLean."[23]

McAuliffe, Kelly, Raffaelli, 1990-94, Chairman, lobbying and law firm

From 1990 until 1994, McAuliffe headed and led business development for the lobbying law firm McAuliffe, Kelly, Raffaelli.[24] As the partner in charge of bringing in clients, McAuliffe claims he never lobbied on their behalf. Nonetheless, the clients he brought to the firm occasionally engendered controversy. For example, in a 1992 report titled "The Torturer's Lobby," the Center for Public Integrity revealed that McAuliffe, Kelly and Raffaelli received several hundred thousand dollars for managing Turkey's image in the United States. The report detailed specific incidents of official torture sponsored by the Turkish government.

Other lobby clients of the firm included:

  • The American Nuclear Energy Council (to build support for a nuclear dump in Nevada)
  • Cellular Telecommunications Industry Association (CTIA)
  • International Franchise Association (to oppose the Clinton healthcare reform)
  • National Cable Television Association
  • ICI Chemical Company
  • Government of India
  • Government of Taiwan

Press reports indicate that McAuliffe excelled at driving results for the firm's clients, even after he left the firm. For example, McAuliffe and the president of the Cellular Telecommunications Industry Association attended a White House coffee on August 3, 1995. One week later, on August 10, 1995, the Clinton administration directed the government to craft a policy that would more easily accommodate the cellular industry's need for cell tower sites on federal land. [25]

Current business interests

  • Agate LLC
  • Capital Management International
  • Carlyle Energy Coinvestment III LP
  • CP III Coinvestment LP
  • CP IV Coinvestment LP
  • Paladin Capital Partners Coinvestment
  • SHP I LP
  • SHP II LP
  • Stone House Partners
  • Surrey Homes, LLC

Source: VPAP.org[26]

High-profile investments

In March 1997, McAuliffe made an angel investment of $100,000 in a company known then as Atlantic Crossing. "Like many investors in the late 90s, I was on the lookout for investments related to the Internet," McAuliffe said. By August 1999, the company had changed its name to Global Crossing and went public. McAuliffe later sold a portion of the investment.[27]

In mid-January 2002, the DNC criticized President George W. Bush and the Republican party for their ties to Enron culminating with McAuliffe attacking Bush on this issue during a January 20, 2002 appearance on Meet the Press.[28] Starting on January 28, 2002, McAuliffe was criticized by political commentators including Matt Drudge,[27] Frank Rich,[29] Rick Perlstein[30], William Safire[31], and Arianna Huffington[32] for his investments in Global Crossing, which filed for bankruptcy in 2002.[33] One New York Times reporter categorized the accusations against Global Crossing as "many of the same accusations that have made Enron into one of the largest corporate scandals in history."[34] McAuliffe played no management role in Global Crossing[27] and had no ties to Enron. Howard Kurtz of CNN reported that McAuliffe was free of any wrongdoing, having sold his shares years before there was "any hint of trouble with the company."[35] On July 20, 2002, Marc Racicot, the chairman of the Republican National Committee told Fox News reporter Rita Cosby, "I haven't seen anything that was done that was wrong by Terry McAuliffe."[36] On January 29, 2000, McAuliffe discussed the issue on the Fox News television program Hannity & Colmes where he claimed that former President George H.W. Bush gave a speech in Japan praising Global Crossing in exchange for the right to purchase $80,000 of stock at a reduced price of 34 cents per share.[37]

Book

On January 23, 2007, his book, What A Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals ISBN 9780312357870, was released and debuted at #5 on the New York Times Bestseller list and #1 on the Washington Post's list. McAuliffe called himself a "huckster" in his autobiography. [38]

Rick Perlstein, in his review of McAuliffe's memoir, What a Party!, wrote that McAuliffe's involvement with Global Crossing compromised McAuliffe's ability to attack Republican ties to the Enron scandal during the 2002 midterm congressional elections.[39]

References

  1. ^ Roberts, Roxanne (2005-10-05). "Terry McAuliffe, Fundraising Client". The Washington Post. Retrieved 2009-05-09. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  2. ^ Dowd, Maureen (1987-07-07). "Money for politics: One man's relentless pursuit". The New York Times. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  3. ^ "Terry McAuliffe Biography". Leading Authorities, Inc. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= (help)
  4. ^ "Financing the Road to the White House" (PDF). Leaders Magazine. 2007-07-03. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  5. ^ "2 Are Named to Plan Clinton Inauguration". The New York Times. 1996-11-13. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  6. ^ "Records of the 1997 Inaugural Committee 1996-97". National Archives and Records Administration. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= (help)
  7. ^ "Remarks by the President and the First Lady at opening ceremonies of America's Millennium Celebration". Clinton Presidential Center Web Site Online Archives. 1999-12-31. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  8. ^ Weisskopf, Michael (2000-05-28). "The Kingmaker". TIME. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  9. ^ Berke, Richard L. (2001-02-23). "The Clinton Pardons: The Democrats; This Time, Clintons Find Their Support Buckling From Weight of New Woes". The New York Times. Retrieved 2009-01-04. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  10. ^ The Washington Post, October 21, 2005
  11. ^ The Hill newspaper, February 17, 2005
  12. ^ Hernandez, Raymond (2002-10-24). "Democrats place McCall on notice". The New York Times. Retrieved 2009-02-21.
  13. ^ a b Edsall, Thomas B. (2004-07-26). "McAuliffe Is Dems' Comeback Kid". The Washington Post. Retrieved 2009-02-21.
  14. ^ Garver, Rob (2005-03-23). "Raising Kaine". The American Prospect. Retrieved 2009-02-21.
  15. ^ Hernandez, Raymond (2002-10-24). "Democrats place McCall on notice". The New York Times. Retrieved 2009-02-21.
  16. ^ "Terry McAuliffe Downs Shots On "Morning Joe"
  17. ^ a b c d Craig, Tim. "McAuliffe Takes Steps To Run for Va. Governor". The Washington Post. Page B01. November 11, 2008.
  18. ^ "Terry McAuliffe's Big Announcement"
  19. ^ Kumar, Anita. "McAuliffe Announces Staff". washingtonpost.com. January 5, 2009.
  20. ^ Craig, Tim (2008-12-29). "McAuliffe's Prowess As Fundraiser Grabs Spotlight in Va. Race". The Washington Post. Retrieved 2009-02-21.
  21. ^ Cahill, Steve. "McAuliffe mulls gubernatorial run". Fairfax County Times. November 12, 2008.
  22. ^ Sluss, Michael (December 3, 2008), "Gubernatorial hopefuls meet for forum", The Roanoke Times{{citation}}: CS1 maint: date and year (link)
  23. ^ http://www.washingtonpost.com/wp-dyn/content/article/2009/05/02/AR2009050202201_4.html?sid=ST2009050202214
  24. ^ Gardner, Amy (2009-03-26). "McAuliffe's Ties to Lobbyists". Washington Post. Retrieved 2009-03-21.
  25. ^ Gardner, Amy (2009-03-26). "McAuliffe's Ties to Lobbyists". Washington Post. Retrieved 2009-03-21.
  26. ^ {{cite news | title = Terry McAuliffe | year = 2009 | url = http://www.vpap.org/candidates/profile/sei/securities/11897?year=2009 | work=[[Virginia Public Access Project] | accessdate=2009-05-09}}
  27. ^ a b c What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals, St. Martin's Press, c. 2007, Page 318
  28. ^ What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals, St. Martin's Press, c. 2007, Page 317
  29. ^ Rich, Frank (February 2, 2002), "State of the Enron", The New York Times{{citation}}: CS1 maint: date and year (link)
  30. ^ Perlstein, Rick (February 4, 2007), "The Operator (a review of "What a Party! My Life Among Democrats")", The New York Times{{citation}}: CS1 maint: date and year (link)
  31. ^ Safire, William (February 21, 2002), "The Flipped-Over Rock", The New York Times{{citation}}: CS1 maint: date and year (link)
  32. ^ Huffington, Arianna (August 19, 2002), "The coming populist revolution?", Salon{{citation}}: CS1 maint: date and year (link)
  33. ^ Stern, Christopher (January 28, 2002), "Global Crossing Files for Bankruptcy: Debt Load Dooms Former Highflier", Washington Post{{citation}}: CS1 maint: date and year (link)
  34. ^ Oppel, Richard A. (March 13, 2002), "House Panel's Investigation Of Global Crossing Is Started", The New York Times{{citation}}: CS1 maint: date and year (link)
  35. ^ CNN Reliable Sources, How Did Media Cover Enron?, March 2, 2002
  36. ^ Fox News, citation from July 21, 2002[dead link‍]
  37. ^ What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators and Other Wild Animals, St. Martin's Press, c. 2007, Page 319
  38. ^ Gardner, Amy (2009-05-09). "McAuliffe's Background Could Prove A Liability". The Washington Post. Retrieved 2009-05-09. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  39. ^ Perlstein, Rick (2007-02-07). "The Operator". The New York Times. Retrieved 2009-05-09. {{cite news}}: Check date values in: |accessdate= and |date= (help)
Party political offices
Preceded by Chairman of the Democratic National Committee
2001 – 2005 		Succeeded by
Retrieved from "https://en.wikipedia.org/w/index.php?title=Terry_McAuliffe&oldid=293772978"