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Thompson's Guggenheim Fellowship
The Washington Post ^ | October 11, 2007 | Matthew Mosk

Posted on 10/12/2007 7:30:15 PM PDT by 2ndDivisionVet

Fred Thompson is, of course, very well known for his career in Hollywood and for his tenure in the U.S. Senate.

More opaque, though, have been Thompson's other ventures. Yesterday, with the release of Thompson's personal financial disclosure, comes the revelation that in addition to lobbying work he has done for a British firm and some dabbling in Tennessee real estate, he has also been serving on the board of Guggenheim Advisors a New York-based financial management firm that serves a select group of the nation's well-to-do elite. Thompson is paid between $100,000 and $1 million a year by Guggenheim.

The firm was founded in 2002, by the Guggenheim family -- yes, those Guggenheims -- and according to press accounts, its offices are lined with photos of the architectural masterpieces that bear the fabled family name.

Institutional Investor reports that the firm has put about $3 billion into a variety of hedge funds for four dozen clients. Advising the firm on its investments is Lawrence Lindsey, a former assistant to President George W. Bush for economic policy and ex-director of the National Economic Council. Other members include former ambassadors Stephen Bosworth and Ed Gabriel.

The firm has already been helpful to Thompson as he set out to launch his presidential bid. In May, the firm hosted an event for Thompson at the St. Regis Hotel in New York where he and Lindsey were to deliver an economic policy and national security briefing to a select audience -- press was not allowed inside. And over the summer, Guggenheim executives donated $12,500 to Thompson's nascent presidential bid, making the firm one of his 10 largest sources of funds.

(Excerpt) Read more at blog.washingtonpost.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Extended News; Politics/Elections; US: New York; US: Tennessee; US: Virginia
KEYWORDS: election; electionpresident; elections; finance; fred; fredthompson; fundraising; gop; guggenheim; hedgefunds; republicans; thompson
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But I thought President Nixon called Fred "dumb as Hell" or somesuch? How do you help run such a large organization if you're stupid?
1 posted on 10/12/2007 7:30:16 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Bribe?


2 posted on 10/12/2007 7:32:11 PM PDT by Abcdefg
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To: 2ndDivisionVet

I daresay there are many things—and people—misjudged by Nixon.


3 posted on 10/12/2007 7:33:10 PM PDT by Petronski (Congratulations Tribe! AL Central Champs)
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To: 2ndDivisionVet
At least it is an American free enterprise institution, and not a Chinese money-laundering operation that is supporting his campaign.

Liberals have such a problem with those who have actually held a REAL job in the REAL world, as opposed to living on the public dole their entire lives.

4 posted on 10/12/2007 7:34:53 PM PDT by traditional1 ( Fred Thompson-The ONLY electable Republican Candidate)
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To: 2ndDivisionVet
he has also been serving on the board of Guggenheim Advisors a New York-based financial management firm that serves a select group of the nation's well-to-do elite. Thompson is paid between $100,000 and $1 million a year by Guggenheim.

He probably couldn't find a select group of poor folk to pay him that kind of money.

That's pretty good money for serving on a board.

5 posted on 10/12/2007 7:44:27 PM PDT by dragnet2
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To: Abcdefg

Don’t you have polls to Astroturf somewhere or letters to write about how Ron Paul is being “dissed” by the media?


6 posted on 10/12/2007 7:44:48 PM PDT by 2ndDivisionVet (Security * Unity * Prosperity | Fred08.com)
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To: 2ndDivisionVet
Thompson is paid between $100,000 and $1 million a year by Guggenheim.

That's too easy...I'd go with the $1 million.

7 posted on 10/12/2007 7:45:57 PM PDT by Rudder
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To: 2ndDivisionVet

“Guggenheim executives donated $12,500”

That’s all they think of him?


8 posted on 10/12/2007 7:47:09 PM PDT by Shermy
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To: 2ndDivisionVet

Nope.


9 posted on 10/12/2007 7:48:26 PM PDT by Abcdefg
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To: 2ndDivisionVet

If he’s going to have Guggenheim money backing his bid, I think Hillary might wanna call Sugar Daddy Soros real quick.


10 posted on 10/12/2007 7:50:16 PM PDT by Grunthor (Thank you Mack Strong, and may God Bless you and your entire family.)
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To: Rudder

**Thompson is paid between $100,000 and $1 million a year by Guggenheim.**

And they say this like it’s a BAD THING??

That’s why we call it the Washington COMpost


11 posted on 10/12/2007 7:50:34 PM PDT by gwilhelm56 (White heterosexual Judeo-Christian RightWing Union Actor ... and unemployed)
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To: 2ndDivisionVet

;-)


12 posted on 10/12/2007 7:52:13 PM PDT by ejonesie22 (265 pound Lemming with attitude for Thompson!)
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To: 2ndDivisionVet

More about Matthew Mosk, the author of this article, from Wikipedia ( http://en.wikipedia.org/wiki/Free_Republic ):

“In October 2004, an unknown person or persons created an account named “MD4Bush” on the conservative web forum Free Republic to investigate the source of false rumors that Democratic Mayor of Baltimore Martin O’Malley had committed adultery suspected to be coming from the Ehrlich camp. O’Malley was a likely (and eventual) opponent of Ehrlich in the 2006 gubernatorial race. Using this alias, MD4Bush lured Joseph Steffen, aide to Ehrlich, who had a Free Republic membership as “NCPAC,” into contact, brought up the rumors, and baited Steffen into giving responses appearing to take credit for spreading the rumors.”

“Ehrlich fired Steffen when the contents of these messages were published in the Washington Post on February 9, 2005. Some Republicans and Freepers have charged that Post reporter Matthew Mosk’s access of the MD4Bush account constitutes complicity to the alleged entrapment of Steffen, and a violation of the privacy of Free Republic users, but there has been no follow-up, and threatened litigation has never materialized.”


13 posted on 10/12/2007 8:21:42 PM PDT by LibFreeOrDie (L'Chaim!)
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To: Abcdefg

You’re a moron.


14 posted on 10/12/2007 8:25:46 PM PDT by Politicalmom (Of the potential GOP front runners, FT has one of the better records on immigration.- NumbersUSA)
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To: 2ndDivisionVet

Is this supposed to be some sort of negative for Fred Thompson? I certainly don’t see how.


15 posted on 10/12/2007 9:01:35 PM PDT by SuziQ
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To: SuziQ

The man works multiple jobs and is knowledgeable about finance.

That’s a clear negative!!

*Rolling eyes*


16 posted on 10/12/2007 9:10:32 PM PDT by Politicalmom (Of the potential GOP front runners, FT has one of the better records on immigration.- NumbersUSA)
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To: jellybean; girlangler; KoRn; Shortstop7; Lunatic Fringe; Darnright; babygene; pitbully; granite; ...
PING!!

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Fredipedia: The Definitive Fred Thompson Reference

WARNING: If you want to be added to this list, this ping list is EXTREMELY active.

17 posted on 10/12/2007 9:12:24 PM PDT by Politicalmom (Of the potential GOP front runners, FT has one of the better records on immigration.- NumbersUSA)
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To: 2ndDivisionVet

Notice the strategically-placed, “well-to-do elite?”


18 posted on 10/12/2007 10:13:33 PM PDT by redhead (Victory first; then peace)
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To: redhead

I doubt that there are many down and outers investing in hedge funds.


19 posted on 10/12/2007 10:34:52 PM PDT by John Valentine
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To: 2ndDivisionVet

Fred’s repertoire is certainly a full, experienced, well rounded one. Very similar to the variety, a poor and unfitting word-I know, of collections at the Guggenheim.

I respect his opinions more every day.

I wonder if his Financial Disclosure includes Jeri’s individual assets, as well.


20 posted on 10/12/2007 10:38:57 PM PDT by papasmurf (sudo apt - get install FRed Thompson)
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