Post by This Just In on Jan 24, 2017 13:06:59 GMT -5
Pulling the curtain back a little to show how this world really works for the initiated.
1990 NY Times- Twin Spotlights on Parsons of the Dime
1994 NY Times- The Rising Star From Dime Savings
2001 NY Times- New Boss for a Media Giant Is an Old Hand at New York
2012 NY Daily News- Richard Parsons to be New York's Gov. Cuomo's Education Czar
2014 NY Times- Ex-Leader of Citigroup and Time Warner Is Appointed to Steer the NBA's L.A. Clippers
Career Highlights
Whereas before, when Parsons didn’t study he failed out, now, after meeting Nelson Rockefeller, by some magical twist of fate, he was the law school’s valedictorian. Sandy Stevenson, a fellow law school classmate of Parsons’ who became a professor at Albany Law,recalled: “He didn’t study hard. He played a lot of bridge. He was so smart he didn’t have to study, and he was in the cafeteria playing bridge a lot.”
Parsons took the New York state bar exam, and scored the highest in the state, beating out all the high-achieving Ivy Leaguers that year. It may have been a complete coincidence, but Nelson Rockefeller’s right-hand man, Harry Albright, was in charge of both the law school internship program with the governor, and in charge of scoring the New York state bar exams.
Before Citigroup, Parsons headed AOL Time Warner, where he helped pull off what is widely considered the single worst business deal in corporate American history: a fraud-rife merger that wiped out $200 billion in shareholder value, ruined employees, retirees and investors, sparked numerous criminal investigations and dozens of lawsuits, and yet somehow managed to enrich a tiny handful of executives—including Dick Parsons—to the tune of hundreds of millions of dollars.
Full Article Below:
Failing Up With Richard Parsons, But Some Call Him Dick
1990 NY Times- Twin Spotlights on Parsons of the Dime
1994 NY Times- The Rising Star From Dime Savings
2001 NY Times- New Boss for a Media Giant Is an Old Hand at New York
2012 NY Daily News- Richard Parsons to be New York's Gov. Cuomo's Education Czar
2014 NY Times- Ex-Leader of Citigroup and Time Warner Is Appointed to Steer the NBA's L.A. Clippers
Career Highlights
- Chairman and CEO Dime Savings Bank of New York
- CEO Time Warner
- Chairman of Citigroup
- Council on Foreign Relations Memebership
- Co-chair Commission on Social Security under President George W. Bush
- Member of the advisory on Jobs & the Economy under President Barack Obama
Whereas before, when Parsons didn’t study he failed out, now, after meeting Nelson Rockefeller, by some magical twist of fate, he was the law school’s valedictorian. Sandy Stevenson, a fellow law school classmate of Parsons’ who became a professor at Albany Law,recalled: “He didn’t study hard. He played a lot of bridge. He was so smart he didn’t have to study, and he was in the cafeteria playing bridge a lot.”
Parsons took the New York state bar exam, and scored the highest in the state, beating out all the high-achieving Ivy Leaguers that year. It may have been a complete coincidence, but Nelson Rockefeller’s right-hand man, Harry Albright, was in charge of both the law school internship program with the governor, and in charge of scoring the New York state bar exams.
Before Citigroup, Parsons headed AOL Time Warner, where he helped pull off what is widely considered the single worst business deal in corporate American history: a fraud-rife merger that wiped out $200 billion in shareholder value, ruined employees, retirees and investors, sparked numerous criminal investigations and dozens of lawsuits, and yet somehow managed to enrich a tiny handful of executives—including Dick Parsons—to the tune of hundreds of millions of dollars.
Failing Up With Richard Parsons, But Some Call Him Dick