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McKinsey & Company

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Learn more about Pete Peterson-funded astroturf projects at the Fix the Debt Portal.

Learn more about corporations VOTING to rewrite our laws.

McKinsey & Company is a global management consulting firm founded in 1926 by James O. McKinsey.[1] According to the company's website, McKinsey & Company works with "leading organizations across the private, public and social sectors."[2] The company is headquartered in New York, New York.[3]

Ties to Pete Peterson's "Fix the Debt"

The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." McKinsey & Company is part of the Campaign to Fix the Debt as of February 2013.

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.

About Fix the Debt
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Through a special report and new interactive wiki resource, the Center for Media and Democracy -- in partnership with the Nation magazine -- exposes the funding, the leaders, the partner groups, and the phony state "chapters" of this astroturf supergroup. Learn more at PetersonPyramid.org and in the Nation magazine.


Ties to the American Legislative Exchange Council

McKinsey & Company has been a corporate funder of the American Legislative Exchange Council (ALEC). [4]

About ALEC
ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our PRWatch.org site.

Criticism

McKinsey showcased Enron as its model company for years, and Enron was its principal client for several years.[5]

Contact Information

55 East 52nd Street, 21st Floor[3]
New York, NY 10022

(212) 446 7000

Resources and articles

Related Sourcewatch articles

Featured SourceWatch Articles on Fix the Debt

References

  1. "History", McKinsey & Company, Accessed February 5, 2013.
  2. "Overview", McKinsey & Company, Accessed February 5, 2013.
  3. 3.0 3.1 "North America", McKinsey & Company, Accessed February 5, 2013.
  4. Clearinghouse on Environmental Advocacy and Research, project of the Environmental Working Group, Information on American Legislative Exchange Council, archived organizational profile, archived by Wayback Machine December 2, 2000, accessed August 19, 2011
  5. Malcolm Gladwell, The Talent Myth, 22 July 2002.
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