Difference between revisions of "Friedrich Merz"

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|nationality=German
 
|nationality=German
 
|image=Friedrich Merz.jpg
 
|image=Friedrich Merz.jpg
|constitutes=politician
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|description=German [[transatlantic]] lobbyist and politician. [[Blackrock]]. Former chairman of the mighty [[Atlantik-Brücke]].
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|constitutes=lawyer,politician,lobbyist,deep state actor
 
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|title=Atlantik-Brücke/Chairman
 
|title=Atlantik-Brücke/Chairman
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|title=Member of the European Parliament
 
|title=Member of the European Parliament
 
|start=18 June 1989  
 
|start=18 June 1989  
end=12 June 1994
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|end=12 June 1994
 
}}{{job
 
}}{{job
|title=Member of the Bundestag
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|title=Member of the Bundestag for Hochsauerlandkreis
 
|start=16 October 1994  
 
|start=16 October 1994  
 
|end=27 September 2009
 
|end=27 September 2009
 
}}
 
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'''Friedrich Merz''' is a German lawyer and politician. A member of the [[Christian Democratic Union]] (CDU), he was Chairman of the [[transatlantic]] network [[Atlantik-Brücke]], and is a staunch supporter of the [[European Union]] and [[NATO]], having described himself as "a truly convinced European, a convinced [[transatlanticist]]<ref>https://www.welt.de/politik/deutschland/article183054050/Merz-will-CDU-Chef-werden-Wir-brauchen-Aufbruch-und-Erneuerung-keinen-Umsturz.html</ref>." Merz advocates a closer union and "an army for Europe.
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'''Friedrich Merz''' is a German lobbyist and politician. A member of the [[Christian Democratic Union]] (CDU), he was Chairman of the [[transatlantic]] network [[Atlantik-Brücke]] until 2019, and is a staunch supporter of the [[European Union]] and [[NATO]], having described himself as "a truly convinced European, a convinced [[transatlanticist]]<ref>https://www.welt.de/politik/deutschland/article183054050/Merz-will-CDU-Chef-werden-Wir-brauchen-Aufbruch-und-Erneuerung-keinen-Umsturz.html</ref>." Merz advocates a closer union and "an army for Europe". He also sits on the supervisory board of the German branch of the world's largest asset manager [[BlackRock]]<ref>http://www.manager-magazin.de/unternehmen/personalien/friedrich-merz-wird-lobbyist-des-investmentriesen-blackrock-a-1082798.html</ref>.
  
He served as a Member of the [[European Parliament]] (MEP) from [[1989]] to [[1994]] and was elected to the [[Bundestag]] from [[1994]] until [[2009]], where he chaired the [[CDU/CSU]] parliamentary group from [[2000]] to [[2002]]. Merz was a candidate in the [[2018]] CDU leadership election, placing second; he is running again in the 2021 leadership election.<ref>https://www.sueddeutsche.de/politik/merkel-cdu-bundesregierung-1.4189532</ref>  
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He served as a Member of the [[European Parliament]] (MEP) from [[1989]] to [[1994]] and was elected to the [[Bundestag]] from [[1994]] until [[2009]], where he chaired the [[CDU/CSU]] parliamentary group from [[2000]] to [[2002]]. Merz was a candidate in the [[2018]] CDU leadership election, placing second; tried again in the 2021 leadership election<ref>https://www.sueddeutsche.de/politik/merkel-cdu-bundesregierung-1.4189532</ref> , but did not succeed.
  
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==Bank lobbyism==
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From 2005 to 2014 (until 2009, in addition to being an elected representative) Merz worked as a partner in the international law firm [[Mayer, Brown, Rowe & Maw LLP]] - a heavyweight in the industry with annual sales in the billions, one of the twenty largest law firms in the world and which mostly represents [[Wall Street]] companies.
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As a representative of this law firm, Merz was hired as a lawyer by the German government (SoFFin) in [[2010]] to find a buyer for the ailing bank [[WestLB]] after the law firm already had dumped the bank's junk bonds worth 77 billion euros to a taxpayer-funded "Bad Bank". Merz received a fee of 5,000 euros <b>per day</b> from the government for his services. His engagement was also a success for the bank [[HSBC|HSBC Trinkaus & Burkhardt]], which played a role in the takeover of the WestLB assets. As a thank you for this, Merz was allowed to take over the presidency of the [[HSBC|HSBC Trinkaus]] Board of Directors, a well paid position. <ref>https://www.nachdenkseiten.de/?p=46793</ref>
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He sits on the boards of [[AXA Group AG]], [[DBV-Winterthur Holding AG]], [[Deutsche Börse |Deutsche Börse AG]], [[Ernst & Youn|Ernst & Young AG]], [[ROCKWOOL]], WEPA Industrieholding SE, [[Commerzbank AG]] and the [[HSBC|HSBC Trinkaus & Burkhardt]]<ref>https://www.about.hsbc.de/de-de/hsbc-in-germany/executive-bodies</ref>. His biggest career move, however, was his appointment as chairman of the supervisory board of the German branch of the world's largest asset manager [[BlackRock]].
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He is a founding member of the [[neoliberal]] [[think tank]] [[Initiative Neue Soziale Marktwirtschaft]]<ref>https://lobbypedia.de/wiki/Initiative_Neue_Soziale_Marktwirtschaft</ref> and sits on committees in the neoliberal network [[Stiftung Marktwirtschaft]].<ref>https://lobbypedia.de/wiki/Stiftung_Marktwirtschaft</ref>
  
 
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==References==
 
==References==
 
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Latest revision as of 03:35, 16 October 2021

Person.png Friedrich Merz  Rdf-entity.pngRdf-icon.png
(lawyer, politician, lobbyist, deep state actor)
Friedrich Merz.jpg
Born11 November 1955
NationalityGerman
Member ofAspen Institute Germany, Atlantik-Brücke, Trilateral Commission
German transatlantic lobbyist and politician. Blackrock. Former chairman of the mighty Atlantik-Brücke.

Employment.png Member of the European Parliament Wikipedia-icon.png

In office
18 June 1989 - 12 June 1994

Employment.png Member of the Bundestag for Hochsauerlandkreis

In office
16 October 1994 - 27 September 2009
Succeeded bySahra Wagenknecht

Friedrich Merz is a German lobbyist and politician. A member of the Christian Democratic Union (CDU), he was Chairman of the transatlantic network Atlantik-Brücke until 2019, and is a staunch supporter of the European Union and NATO, having described himself as "a truly convinced European, a convinced transatlanticist[1]." Merz advocates a closer union and "an army for Europe". He also sits on the supervisory board of the German branch of the world's largest asset manager BlackRock[2].

He served as a Member of the European Parliament (MEP) from 1989 to 1994 and was elected to the Bundestag from 1994 until 2009, where he chaired the CDU/CSU parliamentary group from 2000 to 2002. Merz was a candidate in the 2018 CDU leadership election, placing second; tried again in the 2021 leadership election[3] , but did not succeed.

Bank lobbyism

From 2005 to 2014 (until 2009, in addition to being an elected representative) Merz worked as a partner in the international law firm Mayer, Brown, Rowe & Maw LLP - a heavyweight in the industry with annual sales in the billions, one of the twenty largest law firms in the world and which mostly represents Wall Street companies.

As a representative of this law firm, Merz was hired as a lawyer by the German government (SoFFin) in 2010 to find a buyer for the ailing bank WestLB after the law firm already had dumped the bank's junk bonds worth 77 billion euros to a taxpayer-funded "Bad Bank". Merz received a fee of 5,000 euros per day from the government for his services. His engagement was also a success for the bank HSBC Trinkaus & Burkhardt, which played a role in the takeover of the WestLB assets. As a thank you for this, Merz was allowed to take over the presidency of the HSBC Trinkaus Board of Directors, a well paid position. [4]

He sits on the boards of AXA Group AG, DBV-Winterthur Holding AG, Deutsche Börse AG, Ernst & Young AG, ROCKWOOL, WEPA Industrieholding SE, Commerzbank AG and the HSBC Trinkaus & Burkhardt[5]. His biggest career move, however, was his appointment as chairman of the supervisory board of the German branch of the world's largest asset manager BlackRock.

He is a founding member of the neoliberal think tank Initiative Neue Soziale Marktwirtschaft[6] and sits on committees in the neoliberal network Stiftung Marktwirtschaft.[7]



References