CV05-00030 - U.S. Dept of Justice, Office of the U.S. Trustee, David C. Farmer, Trustee vs. Harmon

David C. Farmer, Successor-Trustee vs. Harmon

(Formerly Woo vs. Harmon & Nicholson vs. Harmon)

U.S. District Court For the District of Hawaii

—

DEFENDANT’S WITNESS

RICHARD D. PARSONS

Richard Dean Parsons was born in Brooklyn, New York on April 4, 1948. He is the chairman of Citigroup and the former Chairman and CEO of Time Warner. He stepped down as CEO of Time Warner on December 31 2007 . Parsons graduated from the University of Hawaii; at 6'4" tall he played varsity basketball. He earned a Juris Doctor from Albany Law School in 1971, coming top of his class.

Parsons, who is a prominent moderate African American Republican, served an internship at the New York State Legislature, at which time he was invited to work as a lawyer for the staff of the then New York Governor Nelson Rockefeller. When Rockefeller was appointed Vice President of the United States, in 1974, Parsons followed him to Washington D.C., where he worked directly with President Gerald Ford. He also met a deputy attorney general, Harold R. Tyler, and one of his aides, a young Rudolph W. Giuliani, with whom he was to be closely associated - supporting him in his campaign for New York mayor and heading his transitional council.

In 1977, Parsons returned to New York and became a partner after only two years at the Patterson, Belknap, Webb & Tyler law firm; Working at the firm was Giuliani. During his eleven years at the firm he took on Happy Rockefeller, the widow of Nelson (who had died in 1979) as a high-profile client. In 1988, he was recruited to serve as chief operating officer of the Dime Bank by Harry W. Albright Jr., who was a former Rockefeller aide. He later became chairman and CEO and oversaw a merger with Anchor Savings Bank; gaining a substantial sum when the Dime Bank was demutualized.

Three years later, in 1991, on the recommendation of Nelson's brother Laurance Rockefeller to the then CEO Steven Ross, Parsons was invited to join Time Warner's board; he subsequently became president of the company in 1995, recruited by Gerald Levin. He helped negotiate the company's merger with America Online in 2000, creating a $165-billion media conglomerate.

In December 2001, it was announced that chief executive Gerald Levin would retire and Parsons was selected as his successor. The announcement surprised many media watchers who expected chief operating officer Robert Pittman to take the helm. In 2003, Parsons made the announcement of the name change from AOL Time Warner to simply Time Warner.

Parsons became chairman of Citigroup on 23 February 2009.

http://en.wikipedia.org/wiki/Richard_Parsons

~ ~ ~

NEW DISCOVERY (03-14-09): More undisclosed conflicts of interest between Steven Guttman, Mary Lou Woo, David Farmer, Robert Kihune, Sandwich Isles Communications, Bank of Hawaii, Gilbert Tam, Mary Bitterman, Donna Tanoue, Barack Obama, Steve Case, AOL, Dan Case, Punahou School, Citigroup, Robert Rubin, Henry Paulson, Suzanne Case, Faye Kurren, The Nature Conservancy, Haunani Apoliona, Goldman Sachs, Kamehameha Schools, Michael Parsons, etc.

March 14, 2009

Ex-CEO of Bankoh considered
for Citigroup board

By David Segal, Honolulu Star-Bulletin

Former Bank of Hawaii Chief Executive Michael O'Neill reportedly is one of the candidates being considered for a position on the board of directors at financially troubled Citigroup Inc.

O'Neill, who turned around Bankoh's lagging fortunes in less than four years before retiring at age 57 in August 2004, was mentioned along with former U.S. Bancorp CEO Jerry Grundhofer and William S. Thompson, former co-chief of bond investment manager Pimco, according to a report in the Wall Street Journal.

The newspaper said Citigroup is expected to announce the board changes next week when it files its proxy statement with the Securities and Exchange Commission. Any nominees would have to be formally approved by the board and voted on by shareholders.

O'Neill took over then-called Pacific Century Financial Corp. from Larry Johnson on Nov. 3, 2000, and in less than four years transformed the bank into a more efficient operation, elevated earnings to record highs and increased shareholder value nearly fourfold.

He also became somewhat of a TV personality with the bank's "Tell Mike" campaign.

Richard Parsons, a one-time University of Hawaii student who took over as chairman last month, is one of the few Citigroup directors with experience in both banking and leading a large company.

Honolulu Star-Bulletin

~ ~ ~

Richard Parsons is expected to testify regarding his business, professional and personal relationships with Barack Obama, Citigroup, AIG, Goldman Sachs, AOL, Steve Case, Dan Case, Larry Johnson, Robert Rubin, Henry Paulson; Ed Case; Kamehameha Schools/Bishop Estate; Matsuo Takabuki; Henry Peters; Richard Wong; Peter Savio; Bank of Hawaii, Gilbert Tam; Robert K.U. Kihune; Sandwich Isles Communications; Diane J. Plotts; Robert F. Clarke; Edwina Clarke; Guido Giacometti; Donna Tanoue; Colbert Matsumoto; Suzanne Case, The Nature Conservancy; Haunani Apoliona; Office of Hawaiian Affairs; David Cole; Judith Neustadter Fuqua; Walter A. Dods, Jr.; Bert A. Kobayashi; Faye Watanabe Kurren; Judge Barry Kurren; C. Brewer & Co.; Robin Campaniano; Clayton Hee; Al Hee; Mark Hemmeter, John Waihee, Ben Cayetano, Bill Clinton, Dee Jay Mailer, June Jones, David Farmer, and others to be named upon discovery.