COMAIR CRASH: THE AIG-9/11 CONNECTION
NOTE: SEE THE SEPTEMBER ARCHIVE FOR MORE ON THE COMAIR CRASH, NUMEROUS TIES TO 9/11, THE BLUEGRASS CONSPIRACY AND MUCH MORE.
THE AIG-9/11 CONNECTION
Summary: Rebecca Adams, a SENIOR PROJECT MANAGER for Intergraph Corp., died on Comair Flight 5191. (She was the subject of an earlier installment on the Lexington crash detailing some of the company’s CIA connections – see the September archive.)
Update: Her company had just been taken over by two equity investment firms,Texas Pacific Group and Hellman & Friedman. The purpose of the takeover has been stated specifically – to acquire “mapping software” patents for homeland security purposes.
A key managing director at Hellman & Friedman is Frank G. Zarb – INTERIM CHAIRMAN OF AIG, AND AN OFFICIAL OF THE NIXON, FORD, REAGAN, BUSH and CLINTON administrations.
As senior project manager, Ms. Adams would have been involved in any homeland security work done by Intergraph, which derives 21 percent of its income from government grants.
AIG, in league with Warren Buffett, were key participants in the 9/11 covert operation. The Comair crash, which has already been shown to have a number of connections to Buffett, appears to have been a step in nailing down 9/11 objectives – in the case of Intergraph Corp. and Ms. Adams, the targetting of geo-spatial mapping technology, a recurring theme in the September 2001 covert operation in New York and the District of Columbia.
Rebecca Smith, Intergraph Corp.
Sep. 05, 2006
A mother and a friend worth emulating
By Beth Musgrave
HERALD-LEADER STAFF WRITER
… Rebecca Adams, 47, of Harrodsburg was one of 49 people who died Aug. 27 when Comair Flight 5191 crashed on takeoff from Blue Grass Regional Airport. At St. Raphael’s Church in Lexington today, Adams’ friends, family and colleagues packed the quaint stone church to celebrate the life of the senior project manager for INTERGRAPH Corp….
Intergraph Employee Killed on Comair Flight 5191
The Huntsville Times reported this morning that Rebecca Adams of Intergraph’s SECURITY, GOVERNMENT AND INFRASTRUCTURE DIVISION, was killed in the crash of Comair Flight 5191 that originated from Lexington, Kentucky on the morning of August 27th. Ms. Adams was a project manager on her way to support the startup of a computer aided dispatching system for the police department in Elk Grove California. Ms. Adams was 47 years old and the mother of three adult children. I wish to extend my condolences to the relatives of Ms. Adam’s and the Intergraph family.
Hellman & Friedman, Texas Pacific lead deal to buy Intergraph
San Francisco Business Times – August 31, 2006 Intergraph Corp. said Thursday that it will be acquired by an investor group led by Hellman &
Friedman and Texas Pacific Group for about $1.3 billion.
Aug 31, 2006 | Bloomberg
Texas Pacific Group and Hellman & Friedman LLC AGREED TO BUY INTERGRAPH CORP. FOR $1.3 BILLION BECAUSE OF INCREASING DEMAND FOR MAPPING SOFTWARE FOR HOMELAND SECURITY, and oil and gas exploration.
Deal, valued at $1.3 billion, aims to bring company increased flexibility to serve customers, DEVELOP TECHNOLOGY.
Sep 1, 2006
Intergraph yesterday announced that it will be acquired by an investor group led by Hellman & Friedman and Texas Pacific Group. …
Intergraph develops and sells software for plant and ship design, as well as GIS applications. The company is in the midst of transitioning its user base to its next-generation SmartPlant product. Half of the company’s revenue in 2005 came from outside the United States, and 21% came from sales to the U.S. government.
In recent years, the company has also capitalized on its intellectual property assets, in particular its CLIPPER patents. Intergraph has recorded settlements with most major PC manufacturers, including Intel, AMD, HP, Dell, IBM and Sony. These patents protected microprocessor technology developed by Fairchild Semiconductor and acquired by Intergraph in 1987.
Intergraph exited the hardware business in 2000 to focus on software and services.
Total revenue for 2005 was $576.8 million, a 4.7% increase from 2004. Net income for the year was $114.4 million. That includes $89.4 million in after-tax revenue from Intergraph’s intellectual property division….
Hellman & Friedman
Frank G. Zarb
Mr. Zarb is a Managing Director of Hellman & Friedman. His primary area of focus is the financial services industry. Mr. Zarb is currently Interim Chairman of AMERICAN INTERNATIONAL GROUP and Non-Executive Chairman of the Promontory Financial Group.
Prior to joining the Firm in 2002, he was Chairman and Chief Executive Officer of NASD, Inc. and The Nasdaq Stock Market, Inc. Previously, Mr. Zarb was Chairman, Chief Executive Officer and President of insurance brokerage firm Alexander & Alexander Services, Inc., Vice Chairman and Group Chief Executive of The Travelers, Inc. and Chairman and Chief Executive Officer of Smith Barney. Before joining Smith Barney, he served as a Senior Partner at Lazard Frfieres & Co. and a General Partner at Goodbody and Co. Mr. Zarb has also served in various capacities in the NIXON, FORD, mREAGAN, BUSH and CLINTON administrations.
Mr. Zarb graduated from Hofstra University where he also received his MBA and an honorary Doctor of Law degree.
Brian M. Powers
Mr. Powers is Chief Executive Officer of Hellman & Friedman. He serves as Chairman of the Firm’s Investment and Compensation Committees, as well as overseeing the Firm’s day-to-day activities. He is a Director of AXEL SPRINGER AG [FOUNDED WITH CIA FUNDS] and ProSiebenSat….
Jeffrey A. Goldstein
Mr. Goldstein serves as a Member of the Board of Trustees and Chairman of the Investment Committee of Vassar College, Trustee of the German Marshall Fund of the United States, Director of the International Center for Research on Women, and is a Member of the Council on Foreign Relations.
Mr. Fariborz is a Director at Hellman & Friedman in the New York office.
Prior to joining the Firm in 2006, Mr. Fariborz was employed by The CARLYLE GROUP …