THE PATH TO 9/11 (PART 8): Southeastern Asset Management (SAM), Longleaf Partners, the Return of Kenneth Langone – and "THE PATH TO 9/11"
By Alex Constantine [From The Lexington Comair Crash, part 41]
Possum on the Road
On June 2, 2006, Arkansas Governor Mike Huckabee, another evangelical whose religion is stitched indelibly on his sleeve, learned the meaning of existential terror.
“There were some frightening moments for Arkansas governor Mike Huckabee and his family last week,” Aero-News sympathized, “as the business jet they were on experienced engine failure at 43,000 feet.”
Huckabee, his wife Janet Huckabee, daughter Sarah, staffer Chad Rockett and a state trooper were on board. The jet climbed to circumvent storm clouds when “a noise came from the jet’s right engine. ‘We were flying over Tennessee, enjoying the flight, when suddenly a most horrible sound started coming from the airplane engine,’ Huckabee said in a speech to North Carolina Republicans Tuesday. ‘It was doing all sorts of funny things airplane engines are not supposed to do.’…
The close call, “which the southern governor likened to ‘running over a great big possum in the road,’ ended with everyone safe on the ground.” Mechanics repaired the malfunctioning engine, everyone climbed back on board and were on their way.
“Huckabee wouldn’t say who the plane’s owner was, saying it wouldn’t be fair to single out the aircraft’s owner as ‘it wasn’t the fault of the airplane.'” You wouldn’t want to trample on the Cessna’s feelings … or publicize a violation of federal political campaign laws …
Huckabee refused to answer inquiries from the politrazzi, but the incident report filed at the Chatanooga airport listed the owner of the Cessna, Southeastern Asset Management (SAM), based in New Hampshire.
Huckabee blogger Michael Powell, an NYU grad student, describes SAM as “a New Hampshire-based company of which Ted Suhl is the manager. Suhl is a past contributor to Huckabee campaigns, a Huckabee-appointee to the state Child Welfare Agency Review Board, and also the director of the Lord’s Ranch in Warm Springs, a religious-based youth home whose $8.5 million contract with the state is paid through Medicaid.” …
The airplane with the “funny” engine generated a hogshead of headlines, but none of them concerned the title holder of the Cessna, Southeastern Assets Management, itself. SAM holdings include a sizable share of General Motors. Disney. Renault. Phillips Electronics ….
Southeastern Assets Management, the Lord’s Ranch operator, currently owns owns Yum! Brands and KFC through the Longleaf Partners Fund.
The Longleaf Partners Fund was the financial eminence gris of much-despised “The Path to 9/11,” the Pixar/Disney propaganda piece that calls up the most dishonest anti-communist bandwagons of the Cold War.
Editor & Publisher reported with an offended air …
COMPANIES DIRECTLY INVOLVED OR CONNECTED WITH THE MOVIE
The Path to 9/11
AKA Longleaf Partners Funds
6410 Poplar Ave., Suite 900, Memphis, TN 38119
O. Mason Hawkins, Chairman/CEO
Southeastern Asset Management, Inc.
TOP DISNEY INSTITUTIONAL SHAREHOLDERS
Vanguard Group, Inc.
Barclays Global Investors UK Holdings Ltd
FMR Corp. (Fidelity Management & Research Corp)
Wellington Management Company, LLP
Capital Research and Management Company …
Also the BASS FAMILY
About Capital Research and Management Company and General Re, the re-insurer of the World Trade Center when it fell. Capital is a subsidiary of Warren Buffett’s Berkshire Hathaway. The New York Times reported on June 22, 1988: ” … At the end of March, five institutions each owned more than 3 percent of General Re‘s shares, according to Technimetrics Inc., which tracks institutional stock data. Capital Research and Management, which oversees the American Funds family of mutual funds, was the largest holder, owning 6 percent of the shares, followed by Fidelity Investments, the Regents of the University of California, Davis Selected Advisers and Invesco Capital Management. … “
TOP MUTUAL FUND HOLDERS
Longleaf Partners Fund
[see Southeastern Asset Management above]
Vanguard 500 Index Fund
[see Vanguard Group above]
College Retirement Equities Fund-stock Account
Administered by TIAA-CREF Investment Management, LLC(324)
ABC was cursed far-and-wide for the 9/11 “documentary” – particularly for the imaginary scene in which President Clinton casually waves off a chance to kill Osama bin Laden.
Most newswire reports said:
“ABC responded Tuesday with a statement saying that the miniseries was ‘a dramatization, not a documentary, drawn from a variety of sources, including the 9/11 commission report, other published materials and from personal interviews.'”
Governor Thomas Kean, chairman of the 9/11 Commission, chimed in with a statement that the scene was, after all, “a composite.”
That is, Pepsico’s Thomas Kean, destined to be an all-too-familiar face in this story … as it happens, the SAM/Longleaf affiliate, Yum! Brands, with Chickenfuehrer David Novak at its helm, is a spin-off of Pepsico. Interests are in conflict here … with 9/11 … and God … in the middle of it.
Who is David Novak? The loyalist of another evangelical front, of course (can our old friend Howard Ahmanson, Jr. be far away?), Southeast Christian Church, the largest church in Godly Kentucky.
Sean Sellers, co-coordinator of the Student/Farmworker Alliance, writes: “Southeast Christian sent busloads of people to lobby the Kentucky legislature in favor of an anti-gay marriage amendment this year. The pastor of Southeast Christian, Bob Russell, said during the recent presidential campaign, ‘We [evangelicals] have more reasons to start a revolution than they did in 1776… I don’t see how you can be a dedicated Christian and remain neutral.’ Mr. Novak is also is a proud and vocal evangelist of what he calls ‘Jesus-Centered Leadership,’ joining Reverend Russell to stage motivational workshops on the topic for thousands of people at a time.”
This was a curious set of connections. Longleaf Partners Fund – Lord’s Ranch – Mike Huckabee – Thomas Keane – David Novak – “The Path to 9/11” …
And – wouldn’t you know – Kenneth Langone (see part one), a close associate of Novak’s.