The World According to Bechtel

There are well-connected companies. Then there's Bechtel.

The Bohemian Club - Bohemian Grove

San Francisco's exclusive men's club hosts an annual encampment in Sonoma County where the most powerful men in America gather to socialize. Riley, Gary, and Stephen Bechtel are all members, as is Riley's brother-in-law Alan Dachs, George Shultz, and other Bechtel intimates. The following members have shared lodges, according to a 2001 roster:

Mandalay Camp

(Host to Riley Bechtel and Stephen D. Bechtel Jr.)

Colin L. Powell -- secretary of state; former chairman, Joint Chiefs of Staff; former assistant to the president for National Security Affairs.

Henry Kissinger -- former secretary of state (1973-1977); chairman, Kissinger Associates international consulting firm.

Michael Armacost -- former undersecretary of state for political affairs (1984-1989); former ambassador to the Philippines (1982-1984) and Japan (1989-1993); president, the Brookings Institute.

Nicholas F. Brady -- former U.S. senator (1982); former U.S. Treasury secretary (1989-1993); former chairman, Dillon, Read & Co.*

Peter M. Flanigan -- former assistant to the president and executive director of the Council on International Economic Policy (1969-1974); adviser, Dillon, Read & Co.*

Drew Lewis -- former secretary of transportation (1981-1983); chairman and CEO, Union Pacific Corp.; director, Gannett Corp.

Carl E. Reichardt -- vice chairman, Ford Motor Co.; director, PG&E Corp., McKesson Corp., ConAgra Inc., and HCA (formerly Columbia/HCA) Healthcare Corp.; executive investor, Friedman, Fleischer & Lowe private equity fund.

George P. Shultz -- former secretary of state (1982-1989), secretary of the treasury (1972-1974), and secretary of labor (1969-1970); distinguished fellow, Hoover Institution; director, Bechtel Group Inc., Fremont Group LLC**, and Charles Schwab & Co. Inc.

Hillbillies Camp

(Host to Alan Dachs, president and CEO of the Fremont Group and director of Bechtel Group Inc.)

Michael J. Boskin -- senior fellow, Hoover Institution; professor of economics, Stanford University; associate, National Bureau of Economic Research; former chairman, President's Council of Economic Advisers (1989-1993).

Christopher Buckley -- editor, Forbes FYI magazine; speechwriter for former Vice President George H.W. Bush; political satirist.

William F. Buckley Jr. -- founder and editor, National Review magazine; political columnist.

George H.W. Bush -- former president (1989-1993), vice president (1981-1989), ambassador to the United Nations (1971-1973), director of the CIA (1976-1977), congressman (1967-1971), and chairman of the Republican National Committee (1973-1974).

Walter Cronkite -- former broadcast journalist; author.

William H. Draper III -- former president and chairman, Export-Import Bank of the United States (1981-1986); former director, United Nations Development Program (1986); founder and managing director, Draper International venture capital firm.

William C. Edwards -- overseer, Hoover Institution.

Evan G. Galbraith Jr. -- U.S. defense representative in Europe and defense adviser to the U.S. mission to NATO; former ambassador to France (1981-1985); advisory director, Morgan Stanley; chairman, National Review.

James W. Symington -- former U.S. representative (1969-1977); former chief of protocol, Department of State (1966-1968).

Donald H. Rumsfeld -- secretary of defense (2001-present, 1975-1977); former assistant to the president and director of White House operations (1974-1975); former U.S. representative (1963-69).

Stanford University

Through both the Bechtel Foundation and the Elizabeth and Stephen Bechtel Jr. Foundation, Bechtel is a major donor to Stanford University. Its legacy includes the Bechtel International Center, the Bechtel Conference Center, and the Bechtel Initiative on Global Growth and Change.

Stephen D. Bechtel Jr. and Riley P. Bechtel are Stanford alums.

Riley Bechtel is a member of the Stanford Law School Dean's Advisory Council.

The Hoover Institution

A conservative public policy research center devoted to the study of politics, economics, and international affairs. The Bechtel family is a donor.

George Shultz, distinguished fellow at the Hoover Institution, is a board member of Bechtel.

Eight Hoover fellows, including Shultz, are members of the Defense Policy Board, which advises the secretary of defense.

Paul L. Davies Jr. -- member of the Hoover Institution Board of Overseers and its executive committee; brother-in-law of Stephen Bechtel Jr. and uncle of Riley Bechtel.

Export-Import Bank of the United States

The official export credit agency of the United States, the Export-Import Bank assists in financing the export of U.S. goods and services to international markets. The agency has financed or guaranteed numerous loans for Bechtel projects abroad.

Daniel K.H. Chao, executive vice president of the bank's advisory committee, is also a senior vice president at Bechtel.

Jacqueline A. Kaiko, a member of the bank's advisory committee, is also a senior vice president at JP Morgan Chase & Co., where Riley Bechtel sits on the board of directors.

Jackson Stromberg, a member of the bank's advisory committee in 1997 and 1998, is the retired president of Bechtel Financing Services, a Bechtel subsidiary.

William H. Draper III, president and chairman of the bank from 1981 to 1986, shares a lodge at Bohemian Grove with Alan Dachs.

John L. Moore Jr., head of the bank from 1977 to 1982, is a former head of Bechtel's Far East operations.

Stephen D. Bechtel Sr., former chairman and CEO of Bechtel, served on the bank's advisory committee from 1969 to 1972.

A U.S. government agency that sells political risk insurance and provides direct loans and loan guarantees to help U.S. businesses of all sizes invest and compete in developing nations worldwide. The agency has insured or guaranteed loans to finance Bechtel projects abroad.

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