Phillips Petroleum

Global Climate Coalition Formation to Oppose Climate Regulation

| Importance: 8/10

The Global Climate Coalition (GCC) was formed as a project of the National Association of Manufacturers to represent fossil fuel producers and oppose regulation to mitigate global warming. Founding members included major oil companies like Phillips Petroleum, Shell, Texaco, Amoco, trade associations …

Global Climate Coalition Tom Lambrix J. Minter Phillips Petroleum Southern Company +9 more climate-denial regulatory-capture fossil-fuels lobbying international-influence +2 more
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Carl Icahn Phillips Petroleum Hostile Takeover Attempt

| Importance: 8/10

Carl Icahn launched a multi-billion dollar hostile takeover attempt against Phillips Petroleum, offering $60 per share for half the company’s stock. Coordinating with T. Boone Pickens’ earlier attempt, Icahn used Michael Milken and Drexel Burnham Lambert’s junk bond financing …

Carl Icahn Phillips Petroleum Michael Milken Drexel Burnham Lambert corporate-raiding hostile-takeovers junk-bonds financial-manipulation
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