Subject: [GlobalRevolutionMedia] Re: Fwd: potential bombshell: was Brookfield a player in the subprime market?
From: Age
Date: Thu, 13 Oct 2011 23:59:09 -0700 (PDT)
To: Global Revolution Media

So Brookfield's "ownership" of Liberty Plaza lies in a legal grey
area, yet they use legal means to challenge the Occupation?! It is my
personal belief that the most outspoken opponents of any movement are
those who have the most to hide. Just like any other insecure bully!

On Oct 14, 12:29 am, beka economopoulos <b...@notanalternative.net>
wrote:
Some great research on Brookfield, potentially naming them a major player in
the subprime mortgage crisis.

"they are a massive multinational real estate corporation using their power
to shut down a movement to challenge corporate power that was spawned by the
very financial/real estate crisis they helped create. "---------- Forwarded message ----------

Everyone is free to use any of this. I do think collectively we need a bit
more sophisticated research on the tie-ins to the mortgage crisis before
making any claims -- stephen lerner and other union folks, could you guys
help out? -- but we can at least be publicly asking the *question* now. So
to reporters I'd say something like:

"Brookfield is a major player in the real estate market and owns $24 billion
in mortgage-backed securities. This is a massive multinational real estate
corporation using their power to shut down a movement designed to challenge
that very power -- a movement that was spawned by the very financial/real
estate crisis companies like them created to begin with. This proves just
how scared the corporate elite are of the occupiers -- and how critical
their movement is to free our democracy from the stranglehold of
multinational corporations."

Full disclosure: We are putting all this work in part because I'm pushing to
try to get SumOfUs to a point where we can launch on this as a global
campaign tomorrow or over the weekend if it is still relevant (several weeks
ahead of schedule). But in the meantime I want to make sure that all the
groundwork we are laying gets picked up and used as quickly and widely as
possible (e.g., with Leadnow.ca, who are seeing very high action and sharing
rates on their petition -- eg, it's now the top item on Reddit Canada less
than 3 hours after they sent the blast).

On Thu, Oct 13, 2011 at 10:36 PM, Billy Wimsatt <billywims...@gmail.com>wrote:

Very nice, Taren!

Taren, are you planning to do with this? What would you like people to do
with this information?

Is there a version of this message you would like folks to share with
reporters?

b

On Thu, Oct 13, 2011 at 9:58 PM, Taren Stinebrickner-Kauffman <
taren...@gmail.com> wrote:

My interns spent much of the afternoon doing research on Brookfield and
pulled together the document copied in at the bottom. A few summary points:

*On messaging*
There's a lot of good stuff here, but the most killer potential messaging
angle is that Brookfield seems likely to have been involved in the mortgage
crisis. We are not experts in this stuff and would love to have someone with
expertise in SEC filings, the real estate market, and the like help us out
with the next phase of research. Two things we do know right now are that
Brookfield's financial arm (Brookfield Investment Management) has
substantial holdings in mortgage-backed securities, and that Brookfield
is the country's largest commercial real estate firm (by market cap). It'd
be pretty amazing if they had somehow managed to keep their nose clean last
decade.

The irony would be incredible -- they are a massive multinational real
estate corporation using their power to shut down a movement to challenge
corporate power that was spawned by the very financial/real estate crisis
they helped create. But regardless of the level of their involvement in the
financial crisis, Brookfield is not just a bit player in this story. They
are a massive multinational acting to protect the same system that they
profit from. They are the 1% protecting the 1%.

*****

*On tactics*
A couple of initial fun campaign ideas that come out of this exercise:

   - Hold small demonstrations outside of open houses/tours of properties
   that Brookfield Residential Properties is trying to sell -- even just
   3-4 protesters holding signs and passing out lit could shake up real estate
   agents & potential buyers
   - The most stunning visual by far is this (might take a moment to
   download, but well worth it):
   http://www.brookfieldmultiplex.com/files/documents/skylines/Sydney.pdf.
   They basically own downtown Sydney (and other major cities -- they don't
   seem to have images like this for North America, unfortunately). Can we use
   those images to allow Australians who work in those office buildings to
   #OccupyBrookfield. Do a photo petition of people who work in those buildings
   sitting at their desks holding signs saying "#occupybrookfield"? Tape signs
   up in the elevators? Etc.

Other ideas?

*****

*Note/Disclaimer*: This document is definitely non-comprehensive -- don't
assume, for instance, that the fact that we have social media properties
listed for only one subsidiary means that the others don't have them -- and
you should double-check anything before you use it in an official/public
document. It's also a living document, and if you are using or expanding the
research from it please be in touch with me and we'll share you on the
google doc.

*****

Brookfield Asset Management is an international conglomeration of
companies spread throughout the Americas, Europe, The Middle East and
Australasia, with total assets north of $120 billion ($21B in Canada, $66B
in the US, $16B in Australia and Asia, $15B in South America and $4B in
Europe and the Middle East) and an annual revenue of $13 billion as of 2010.
 Brookfield Asset Management's clients mainly include governments,
institutions, corporations and high-net-worth individuals.  Brookfield’s
headquarters are in Toronto and New York City; the parent company is
incorporated in Canada and publicly traded on the NYSE and the Toronto Stock
Exchange.  The company was founded in Brazil in 1899 as the São Paulo
Railway, Light and Power Company.

Brookfield's public subsidiaries include Brookfield Office Properties
(based in New York), Brookfield Infrastructure Partners, Brookfield
Renewable Power, Brookfield Office Properties Canada, Brookfield Residential
Properties, Brookfield Real Estate Services and Acadian Timber.  (Brookfield
Asset Management wikipedia page<http://en.wikipedia.org/wiki/Brookfield_Asset_Management>
)

Brookfield Asset Management does not have a C.E.O., but rather a
management team composed of fourteen “senior managing partners” which
include the heads of each major subsidiary or international operation. BAM
senior management team<http://www.brookfield.com/content/corporate/management_team-17.html>

Targets Identified So Far:

Richard Clark: President and CEO, Brookfield Office Properties,
ric.cl...@brookfield.com rcl...@brookfield.com. He was recently named one
of the top 50 most powerful figures in real estate by Businessweek. His 2010
compensation was $5,146,000.00<http://people.forbes.com/profile/richard-b-clark/13734>
.

Bryan Davis: CFO, Brookfield Office Properties,
bryan.da...@brookfield.com bda...@brookfield.com

Melissa Coley: VP, Investor Relations and Communications, Brookfield
Office Properties, melissa.co...@brookfield.com

Katherine Vyse, Senior VP, Investor Relations, Brookfield Asset
Management, kv...@brookfield.com

Major Subsidiaries:

Brookfield Office Properties:
Brookfield Office Properties is the largest commercial real estate
corporation by market capitalization in the US<http://images.businessweek.com/ss/10/03/0323_powerful_real_estate_peo...>.
 The company's properties define the skylines of many major metropolises
including New York, Washington, D.C., Houston, Los Angeles, Toronto,
Calgary, Sydney and Melbourne.

BPO expects to lease 50% more office space this year than in their prior
best year.<http://therealdeal.com/newyork/articles/brookfield-office-properties-...>

Mayor Bloomberg’s domestic partner Diana L. Taylor on BPO board of
directors<http://www.brookfieldofficeproperties.com/content/corporate_governanc...>
.<http://www.brookfieldofficeproperties.com/content/corporate_governanc...>

Notable assets:

   - Zuccotti Park
      - World Financial Center: This complex is home to offices of
      companies including Merrill Lynch<http://en.wikipedia.org/wiki/Merrill_Lynch>
      , RBC Capital Markets<http://en.wikipedia.org/wiki/RBC_Capital_Markets>
      , Nomura Group <http://en.wikipedia.org/wiki/Nomura_Group>, the Wall
      Street Journal <http://en.wikipedia.org/wiki/Wall_Street_Journal>, American
      Express <http://en.wikipedia.org/wiki/American_Express>, Dow Jones<http://en.wikipedia.org/wiki/Dow_Jones>and others. The entire complex is owned by Brookfield
      Properties <http://en.wikipedia.org/wiki/Brookfield_Properties>,
      except for the space occupied by American Express (which American Express
      owns). The complex also serves as the corporate headquarters for Brookfield
      Properties, which has its headquarters in Tower Three.
      - One Liberty Plaza : One Liberty Plaza is a hub of Wall Street
      activity, housing the NASDAQ <http://en.wikipedia.org/wiki/NASDAQ>Stock Market Corporate Headquarters
      [2] <http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-1> (3
      floors), and RBC Capital Markets<http://en.wikipedia.org/wiki/RBC_Capital_Markets>'
      trading floors.[3]<http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-2>Major tenants are Goldman
      Sachs <http://en.wikipedia.org/wiki/Goldman_Sachs> (8 floors), Gruntal
      & Co. <http://en.wikipedia.org/wiki/Gruntal_%26_Co.> (6 floors),
      The Bank of Nova Scotia<http://en.wikipedia.org/wiki/Bank_of_Nova_Scotia>(5 floors), the Lower
      Manhattan Development Corporation<http://en.wikipedia.org/wiki/Lower_Manhattan_Development_Corporation>and securities law firm Cleary
      Gottlieb Steen & Hamilton<http://en.wikipedia.org/wiki/Cleary_Gottlieb_Steen_%26_Hamilton>(531 attorneys on 11 floors).
      [4] <http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-3> It
      also houses the corporate headquarters of Empire Blue Cross Blue
      Shield <http://en.wikipedia.org/wiki/Blue_Cross_Blue_Shield>[5]<http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-4>,
      and insurance companies Zurich (North American HQ, 3 floors) [6]<http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-5>
      , FolksAmerica Reinsurance<http://en.wikipedia.org/wiki/Folksamerica_Holding_Company,_Inc.>Co., Mutual
      of America <http://en.wikipedia.org/wiki/Mutual_of_America>, Swiss
      Re <http://en.wikipedia.org/wiki/Swiss_Re>, Greig Fester<http://en.wikipedia.org/wiki/Benfield_Group>,
      THB Intermediaries, Generali<http://en.wikipedia.org/wiki/Generali>,
      and Allianz <http://en.wikipedia.org/wiki/Allianz> and its
      subsidiaries Fireman's Fund<http://en.wikipedia.org/wiki/Fireman%27s_Fund>and Interstate/Chicago.
      [7] <http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-6>[8]<http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-7>
      [9] <http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-8>
      - Darling Park, Sydney
      - Bank of America Plaza, Los Angelas
      - Brookfield Place, Toronto<http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-8>

Brookfield Infrastructure Partners:
Brookfield Infrastructure: Map of Operations<http://www.brookfieldinfrastructure.com/_Global/22/img/content/World_...>
<http://www.brookfieldinfrastructure.com/_Global/22/img/content/World_...>
Brookfield Investment Management, Inc.
Brookfield Investment Management Inc. is an SEC registered investment
advisor and with its affiliates, had approximately $24 billion in assets
under management as of June 30, 2011, including extensive holdings of mortgage-backed
securities<http://us.brookfieldim.com/content/overview/overview-1287.html>.
Headquartered in New York, the firm maintains offices and investment teams
in Chicago, Boston, London, Hong Kong, Sydney, and Toronto. Brookfield
Investment Management <http://us.brookfieldim.com/>, Securitized Products<http://us.brookfieldim.com/content/overview/overview-28625.html>

The firm has extensive holdings of mortgage-backed securities.

Brookfield Renewable Power Fund:
The fund owns and operates $16 billion worth of assets which produce
electricity exclusively from environmentally friendly hydroelectric and wind
resources located in Quebec, Ontario, British Columbia, and New England.
These facilities include 42 hydroelectric generating stations and two wind
farms with a combined installed capacity of 1,700 megawatts ("MW"),
generating on average, more than 6,500 gigawatt hours ("GWh") of electricity
annually, with interconnections with the Quebec, Ontario, British Columbia
and New England power grids. Brookfield Renewable Power Fund<http://www.brookfield.com/content/investment_platforms/renewable_powe...>

Brookfield Residential Properties:
Brookfield Residential Properties Inc. is a North American land developer
and homebuilder, active in ten principal markets with over 100,000 lots
controlled.  Brookfield Residential Properties<http://www.brookfieldrp.com/content/about_us/overview-25862.html>

Brookfield Residential regional social media:

   - Los Angeles:http://www.facebook.com/BrookfieldSouthland
   - San Diego:http://www.facebook.com/BrookfieldSD
   - San Francisco: None
   - Washington D.C.:
   <https://www.facebook.com/pages/Brookfield-Homes-DC-Metro-Area/4483892...>
   https://www.facebook.com/pages/Brookfield-Homes-DC-Metro-Area/4483892...
   http://twitter.com/#!/BrookfieldHomes
   - Calgary/Edmonton: <http://www.facebook.com/BrookfieldHomesCalgary>
   http://www.facebook.com/BrookfieldHomesCalgary
   http://twitter.com/#!/BuildBrookfield
   - Toronto:http://www.facebook.com/BrookfieldHomesON?sk=wall
   - Hawaii:
   <http://www.facebook.com/pages/Brookfield-Homes-Hawaii/50926342938?ref...>
   http://www.facebook.com/pages/Brookfield-Homes-Hawaii/50926342938?ref...
   http://www.youtube.com/user/Brookfieldhawaii

Brookfield Incorporações:
Brookfield Incorporações has a portfolio of more than 10 million square
meters (including both built area and area under development), a land bank
strategically located in the states of São Paulo, Rio de Janeiro, Goiás,
Mato Grosso, Mato Grosso do Sul, Santa Catarina, Ceará and the Federal
District.

Acadian Timber: Has 2.4 million acres of timberland under management in
the US and Canada. Acadian Timber<http://www.acadiantimber.com/content/corporate_info-25723.html>

Brookfield Multiplex:
An international extension of the company, BM has properties in London,
Dubai and throughout Australasia. Stunning maps of their holdings in some
major world cities:
http://www.brookfieldmultiplex.com/files/documents/skylines/Sydney.pdf
http://www.brookfieldmultiplex.com/files/documents/skylines/Perth.pdf<http://www.brookfieldmultiplex.com/files/documents/skylines/Sydney.pdf>

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