There Is No America, There Is Only... McKinsey!
"That is the atomic, and sub-atomic and intergalactic structure of things today!"
Short and sweet one today.
Today in the Financial Times there’s a story concerning the cradle of global leadership (and private equity) McKinsey & Company.
McKinsey & Company, We're Not Just About Opioid Pushing Anymore!
Don’t like how the world is going? McKinsey would appreciate if you said thank you and be on your way. Either way, they don’t give a damn!
From the FT
Leading Republican lawmakers have called for a US justice department investigation into whether McKinsey violated federal law by failing to disclose potential conflicts of interest between its work in China and for the Pentagon. In a letter to US attorney-general Merrick Garland, seen by the Financial Times, the head of the House select committee on the Chinese Communist party and two US senators said McKinsey appeared to have breached government contracting rules and misled Congress.
Hmm
McKinsey has won almost half a billion dollars of business from the US Department of Defense since 2008.
Hmm hmmm..
The lawmakers said McKinsey’s work for Chinese state-owned enterprises including China Communications Construction Company — which has been blacklisted by the US Department of Commerce for helping Beijing build military bases in the South China Sea — represented at least a potential conflict of interest that should have been disclosed, along with details of how McKinsey mitigated any conflict.
Good strategy. Help create the threat in order to get bigger and bigger helpings from the Pentagon’s bottomless trough as well as Beijing’s, a perpetual motion money machine. Seems similar to McKinsey’s work with Purdue Pharma and Oxy!
Say what you want about McKinsey and their ilk but you have to admit they are real good at the strategy thing.
Every now and then you owe it to yourself to watch this one when you wonder why things are the way they are.