-Caveat Lector-
http://www.foxnews.com/politics/021401/clinton_oracle.sml
Clinton's Oracle Speech Hints He May Join Company's Board
Wednesday, February 14, 2001 By Michael Liedtke
SAN FRANCISCO � When Bill Clinton delivers the keynote speech at
an Oracle Corp. convention Monday, it might mark the start of a
new business relationship between the former president and the
world's second-largest software company.
The buzz around Oracle's Redwood Shores headquarters these days
is that Oracle CEO Larry Ellison, an unabashed Clinton admirer,
is trying to persuade his old political friend to fill a vacant
seat on the company's board of directors.
Oracle representatives have little to say about the possibility,
but the theory began making the rounds even before Clinton left
office Jan. 20.
Clinton's marquee appearance at an Oracle conference in New
Orleans provides more momentum to the tantalizing notion of the
former president joining forces with Ellison, the world's
second-wealthiest man behind Microsoft co-founder Bill Gates.
Oracle said there are no hidden agendas behind Clinton's
President's Day speech in New Orleans, where thousands of the
company's customers and software developers will gather.
"We just thought an audience would be interested in hearing from
the man who was the leader of the free world during a period of
the greatest technological innovation in history," Oracle
spokeswoman Jennifer Glass said.
Clinton's speaking fee for the New Orleans appearance hasn't been
disclosed. Investment bankers Morgan Stanley Dean Witter & Co.
paid Clinton $100,000 to speak at a Florida conference last week.
Clinton has stayed in the headlines, and has been a nearly
constant subject of criticism, since he left office.
On Capitol Hill, a House committee is expanding its investigation
into Clinton's pardon of fugitive financier Marc Rich, and a
Senate panel is taking its own look at the pardon. At the White
House, workers are sorting out gifts Clinton sent back under
fire.
Even Clinton's selection of office space in New York City became
a matter of controversy. He went to Harlem on Tuesday to check
out office space after his plan to rent a floor of a vastly more
expensive building in midtown Manhattan was criticized.
And while other recent ex-presidents waited months before joining
the paid lecture circuit, Clinton gave his first paid speech
barely two weeks after leaving office. Morgan Stanley officials
caught so much flak from clients that they apologized.
On Wednesday, there were reports that London-based firm UBS
Warburg has backed away from having Clinton speak because of the
controversies surrounding him.
If Clinton were to join Oracle's board, it would make a lot of
sense for both sides, according to business and political
analysts.
With Clinton on its board, Oracle would gain the prestige and
political clout of a former president, as well as a sharp mind,
said Raymond Strother, a Democratic Party media consultant who
worked with Clinton during his Arkansas campaigns for governor.
Sitting on Oracle's board also would represent a feather in
Clinton's cap because the company has emerged as one of the
world's technology leaders and looks like it will remain a force
for years to come, said Joshua Greenbaum, an industry analyst
with Enterprise Applications Consulting in Daly City.
With his resume, Clinton no doubt is getting inundated with
offers from corporations that want him on their boards, said
Strother, who believes Clinton would be wise to join Oracle.
"They represent the future and he will be better off linking
himself to the future than the past," Strother said.
Oracle might also have an inside track because of Ellison's
connections and kinship with Clinton. In November, Ellison hired
Clinton's former White House press secretary, Joe Lockhart, as
Oracle's communications director, a move that some believe
foreshadowed Ellison's interest in courting Clinton.
Unlike many Silicon Valley executives, Ellison hasn't spent that
much of his time or wealth publicly lobbying for his political
agenda.
While contributing money to both the Democratic and Republican
parties during the past eight years, Ellison openly supported
Clinton, even through the various scandals that shadowed the
former president.
Clinton's checkered past and the recent controversies are
unlikely to scare off Ellison, a mercurial character who has been
entangled in a series of highly publicized dustups.
"Larry also gets picked on for various shenanigans," Greenbaum
said. "That's why there might be a certain brotherhood developing
between these two guys. There are some compelling reasons why
these two might get along in the same boardroom."
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Kadosh, Kadosh, Kadosh, YHVH, TZEVAOT
FROM THE DESK OF:
*Michael Spitzer* <[EMAIL PROTECTED]>
~~~~~~~~~~~~~~~
The Best Way To Destroy Enemies Is To Change Them To Friends
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