here's a problem: Lucent Technologies
Lucent Technologies CEO Pat Russo appointed by President Bush to National Security Telecommunications Advisory Committee
FOR RELEASE THURSDAY MAY 01, 2003
MURRAY HILL, N.J. - President George W. Bush has announced the appointment of Patricia Russo, chairman and CEO of Lucent Technologies (NYSE: LU), to the National Security Telecommunications Advisory Committee (NSTAC). NSTAC comprises 30 presidentially appointed industry leaders and provides industry-based analyses and recommendations to the president regarding policy affecting national security and emergency preparedness (NS/EP) telecommunications.
In her NSTAC role, Russo will be involved with a wide range of policy and technical issues related to telecommunications, critical infrastructure protection (CIP), homeland security, and other NS/EP concerns. This includes assisting the government in the development of CIP policy and national strategy; assessing research and development issues related to network security technologies and vulnerabilities; and identifying legislative and regulatory matters that potentially impact NS/EP telecommunications.
Russo was one of the executives who helped launch Lucent in 1996 and has spent 20 years of her career managing some of Lucent's and AT&T's largest divisions and most critical corporate functions. She returned to Lucent in January 2002 as president and chief executive officer after serving as president and chief operating officer of Eastman Kodak. Russo was named chairman of Lucent in February 2003. Russo is a member of the board of Lucent Technologies, Schering-Plough Corporation and her alma mater Georgetown University. She graduated from the Advanced Management Program at Harvard University in 1989, and received a bachelor's degree in political science and history from Georgetown University in Washington, D.C. She also received an honorary doctorate in entrepreneurial studies from Columbia College in South Carolina.
http://www.lucent.com/press/0503/030501.coa.htmlAccording to the WSJ, members of the so-called "Employers Coalition on Medicare" - the group of big companies that lobbied for the subsidy. CongressDaily reports that this group spent over $1 million to push the Medicare bill and the subsidy. A quick tally using the Center for Responsive Politics statistics shows that this coalition's members contributed over $22 million to President Bush and his allies in Congress who pushed the provision. Two of the coalition's members, Lucent Technologies Inc. and SBC Communications Inc. (who gave a whopping $1.8 million to Bush and his allies), are expected to show "some of the biggest accounting gains." Already, SBC Communications recently announced it was going to start capping retiree benefits, which "could leave retirees with a bill for hundreds and perhaps ultimately even thousands of dollars a year in added costs." Lucent has sliced retiree benefits and is looking into future cuts.http://www.employersandmedicare.org/portal/medicare/about/members.htm
http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=38235