Saturday, June 1, 2013

Disgraced Leader to Head Yet Another Global Institute

Monetary and sexual sins are easily forgiven in the Government- Corporate Monstrosity, President/General Dwight D. Eisenhower's Military-Industrial Complex on trillions in federal steroids.  Junk bond trader Michael Milken was the first to form his Milken Institute after his release from jail.

The Milken Institute seeks to enable the seamless flow of capital and commerce around the world by connecting capital-rich multinational firms and investors with countries willing to implement best practices to create, accelerate and sustain long-term economic growth and development through the Access to Global Capital Initiative. 

President Bill Clinton went from "not having sex" with that intern to forming his Clinton Global Initiative.

CGI members utilize their existing expertise and the power of collaboration to engage the market, using it as a tool to generate positive social impact across a diverse spectrum of constituents. These constituents range from individuals at the base of the pyramid, to small-to-medium enterprises (SMEs), to investors and multi-national corporations pursuing double or triple bottom line goals. CGI members focus on issues such as financial inclusion at the base of the pyramid, SME growth and innovation, redefining the future of capitalism, and emerging trends in impact investing. 

Now private equity underwriter (PEU) KKR will form its Global Institute with another philanderer, General David Petraeus.

KKR said the global institute will help it focus issues that can affect its global investments. Those include public policy, regulatory and technology trends. The institute also will build on KKR's push to help its portfolio companies expand globally.

There really is no shame in the GCM, just a brief time to lay low, followed by a time to monetize one's connections.  Both political parties, Reds and Blues, play the game.