|Sent time:||Friday, October 14, 2011 12:59:09 AM|
|To:||Global Revolution Media <email@example.com>|
|Subject:||[GlobalRevolutionMedia] Re: Fwd: potential bombshell: was Brookfield a player in the subprime market?|
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>
> 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
> >>  <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.<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).
> >>  <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><http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-4>,
> >> and insurance companies Zurich (North American HQ, 3 floors) <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.
> >>  <http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-6><http://en.wikipedia.org/wiki/One_Liberty_Plaza#cite_note-7>
> >>  <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:
> Not An Alternativehttp://notanalternative.com
> Fission Strategyhttp://fissionstrategy.com*
> Phone:917-202-5479begin_of_the_skype_highlighting 917-202-5479
> Skype: bekamop
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