McKinsey & Company

McKinsey & Company is a global management consulting firm founded in 1926 by James O. McKinsey. According to the company's website, McKinsey & Company works with "leading organizations across the private, public and social sectors." The company is headquartered in New York, New York.

Ties to Pete Peterson's "Fix the Debt"
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." is part of the Campaign to Fix the Debt as of February 2013.

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.

Ties to the American Legislative Exchange Council
McKinsey & Company has been a corporate funder of the American Legislative Exchange Council (ALEC).

Criticism
McKinsey showcased Enron as its model company for years, and Enron was its principal client for several years. Enron imploded in a scandal that resulted because of its chief executive and chairman, Kenneth Lay. Lay was indicted on 11 counts on securities fraud and related charges. He took a regional natural gas pipeline business and turned it into an energy conglomerate with a market capitalization of $70 billion, betting the future on unregulated energy markets. This led to the downfall of the Enron corporation when the scandal broke in 2001.


 * George Monbiot, "The Shadow Government", Guardian, 13 March 2012.
 * Stewart Player and Colin Leys, McKinsey’s unhealthy profits, Red Pepper, July 2012.

Contact Information
55 East 52nd Street, 21st Floor New York, NY 10022

(212) 446 7000

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