>>24652223
In 1991, Jim Kimsey stepped down as the CEO of AOL, but remained on as Chairman until 1995, when he finally stepped away completely and fully handed the reins over to Steve Case. Soon after his retirement from AOL, Kimsey was appointed to the JFK Center Board of Trustees by President George W. Bush.
As I mentioned above, AOL grew into a behemoth tech giant, and over the next few years, Steve and Dan Case had the world at their fingertips, as “Godfathers” of a booming modern tech industry with unlimited potential.
And then suddenly, it all fell apart. Disastrously.
But… how? I mean, what the hell happened?
How did everything go so wrong so fast for them? Welp…
Here’s where we’ll insert that “act of God” I mentioned.
This one’s 5-pronged and it’s unimaginably evil, folks:
James “Jimmy” Lee, Jr.
Kleiner Perkins
March 2001
Aggressive brain cancer
September 2001
(Buckle up.)
The 1999 acquisition of H&Q by Chase brought Dan Case an eight-figure payday, but with it came some headaches that Case hadn’t had to deal with throughout most of his career — expectations and answering to someone else. Not only that, but having to answer to the expectations of someone else. And even though Case had always outperformed and exceeded the expectations of anybody he’d ever worked with, this situation was different.
This was Jimmy Lee, Jr.
And who is Jimmy Lee, Jr., you ask?
JAMES “JIMMY” LEE, JR.
Jimmy Lee was VICE CHAIRMAN of CHASE and the “someone else” that Dan Case would now, for the first time for most of his career, have to report to. It seems clear that future tension between Dan Case and JLJ was expected, as Chase sat $200,000,000 aside for a “retention fund” to incentivize the top H&Q executives (Case especially) to stick around after the H&Q buyout.
Unfortunately, when we look back on the merger of Chase and H&Q in retrospect, those analysts who predicted frictions to arise between Dan Case and his new “supervisor”, James Lee, seem prophetic.
And in hindsight, that begs the question — Would any frictions that were expected to arise between Case and Lee come as a result of something else those analysts knew about Dan Case at the time?
(Sorry, but “Dan’s used to calling the shots and running the show,” doesn’t cover all of it, folks. I’m not buying it.)
Or was it something the analysts knew about James Lee?
And if it was about Lee, the question becomes, what?
And is there anything more that YOU, the reader, should know about James “Jimmy” Lee, Jr.? As it turns out, yes. Yes, there is.
Metric fuck loads more.
(Pardon my French.)
💥Jimmy Lee, Jr. began his career at CHEMICAL BANK in 1975, founded and ran their MERCHANT BANK in 1980 in AUSTRALIA and then came back to America in 1982 to found their SYNDICATED LEVERAGE FINANCE GROUP, which was the inception of INVESTMENT BANKING at CHEMICAL and CHASE MANHATTAN BANK. He led iBANKING until Chase’s merger with JP Morgan.
*To make a long story short, James Lee, Jr. led several of the most important (and relevant) M&A and iBANKING TRANSACTIONS in world history:
*Led CHASE in its acquisition of H&Q.
*Led JP MORGAN in its underwriting the ALIBABA IPO, the largest IPO in history — $25 BILLION.
*Led the GENERAL MOTORS IPO, the 2nd largest IPO in history — $23 BILLION.
*Led the U.S. TREASURY’S $41 BILLION COMMON STOCK SALE of its OWNERSHIP of AIG — “AIG BAILOUT”.
*Advised DELL BOARD OF DIRECTORS SPECIAL COMMITTEE on the BUYOUT of DELL by MICHAEL DELL (John Phelan) and SILVER LAKE (Michael Bingle).
*Was involved with the IPO of CARLYLE GROUP.
*CO-LED the IPOs of FACEBOOK and TWITTER.
*Advised NEWS CORP on PURCHASE of DOW JONES.
*Advised UNITED AIRLINES in its PURCHASE of CONTINENTAL AIRLINES.
Uh, yeah. Those transactions and JLJ’s client list reads like a “Who’s Who” of who’s behind every shitty thing in present-day America, starting from 9/11 up to today.
He’s basically the iBANKER of Bolshevik Revolution 2.🤦🏻♂️
👺PS: Here’s one final JLJ factoid for now… JLJ also graduated from WILLIAMS COLLEGE in WILLIAMSTOWN, MA, just like Daniel H. Case, Steve Case and Dan Case III.
>KLEINER PERKINS
Whether or not you’ve heard of them, you’ve heard of them.
Trust me.
Kleiner Perkins was FOUNDED in 1972, and has been the original founder and/or financier of damn near EVERY. SINGLE. COMPANY. that’s been used as a weapon or tool of subjugation against the United States and to violate the civil rights the American people.