The Lord Browne Affair

Lord%20Browne.jpgIt was not one of the mainstream media’s better weeks as the vultures have been circling the carcass of former BP chairman and CEO Lord Browne’s business career after the lurid Daily Mail was finally allowed by an English court to reveal that Browne had engaged in a homosexual affair with a younger man. Lord Browne has resigned in disgrace, but there is much more to this story than the headlines that most of the mainstream media is passing along.
Turns out that the Daily Mail has been pursuing for over a year a story to out the 59 year old Browne, who had built a fine reputation while rising through the management ranks of England’s largest company. A private man who has never married and still lives with his mother, Lord Browne had a four year relationship with a 27 year old Canadian with the surreal name of Jeff Chevalier, who Browne had supported in a small business that, of course, folded.
So, what was Chevalier’s response to Lord Browne’s generosity? Cozying up to the Daily Mail for some “Kiss n’ Tell” money at the expense of Browne’s private life.
Lord Browne didn’t react well initially to this attack, but it was understandable that the top executive of a huge, multi-national energy concern wanted to keep a private homosexual relationship out of the media glare while he is responsible for dealing with many foreign executives who don’t have particularly tolerant views toward such relationships. Matt Parris summed this point up well:

When Lord Browne told his shaving mirror, that it was not in the interests of BPís shareholders that his gay private lifestyle became public property, he was not imagining the problem. One can only imagine what Vladimir Putin thinks about gays ñ but this was a statesman whose confidence Browne (and BP) needed. The Arab and Muslim world has no problem with secret homosexuality, but every kind of problem with acknowleged and proclaimed homosexuality.

As a result, Lord Browne panicked and perjured himself about where he met Chevalier, claiming that he met him while “out jogging” rather than in a gay chat-room. Even though he quickly recanted and apologized, that mistake in judgment ended up costing Browne at least $20 million, his reputation and a sterling business career.
The Daily Mail’s self-serving justification in outing Lord Browne was that he was “misusing BP’s resources” in helping Chevalier and, thus, it was in the BP shareholders’ interests for Lord Browne’s private life to be exposed. But an internal BP investigation found that allegation to be baseless. Sure, Browne should not have lied, but the only reason he was placed in that position in the first place was that the Daily Mail decided that he deserved to be outed because he was rich, powerful and gay.
So, a proud and talented executive was not allowed to go on managing the largest British company while maintaining the privacy of his personal life, publicity of which was not in his company’s interests for the reasons noted above. That he was not allowed to do so is a poor reflection on English society, in general, and the Daily Mail, in particular.

Big Jim’s testimony at the Black trial

Jim%20Thompson.jpgBig Jim Thompson, the former governor of Illinois, followed fellow Hollinger International director and audit committee member Marie-JosÈ Kravis to the witness stand in the criminal trial of Conrad Black this week. Thompson testified that he was just as clueless as Mrs. Kravis about approving the non-compete payments to Black that are the basis of the criminal charges against the Canadian businessman and author.
As you might expect, things did not go smoothly for Thompson on cross-examination in attempting to explain how he “skimmed over” $60 million in non-compete payments to Black and several of his associates that were liberally disclosed in a dozen corporate documents that Thompson approved and signed. Mark Steyn — who has been doing an extraordinary job of blogging the Black trial — sums up the scene this way:

Governor Thompson’s daily stipend for attending a couple of short audit and board meetings at Hollinger on Feb 25 2002 and remembering nothing about them five years later: $18,000.00
Chicago juror’s daily stipend for sitting through eight hours of testimony and being expected to pay attention rather than “skim” it: $45.00
Entertainment value of watching a four-term governor and star witness melt down on the stand: Priceless.

The Nanny State on overdrive

dogs.jpgA nice couple with a couple of adopted young chidren also enjoys adopting rescue dogs ó those dogs that are ignored, abandoned, malnourished, and mistreated. After two of the family dogs passed away, the couple decides its time for a family outing to the local SPCA to adopt a new dog for the family. The couple picks out a lovable St. Bernard, but the SPCA representatives balk at approving the couple’s request to adopt the dog. Interesting interaction results, but the bottom line is that the couple has “been declared fit to adopt two baby girls, but unfit to adopt a dog.” Read the entire incredible story.