Friedrich Merz
| Friedrich Merz link (Lawyer,politician,lobbyist,deep state actor) | |
|---|---|
| Born | 11 November 1955 |
| Nationality | German |
German Blackrock lobbyist who was selected to become Chancellor of Germany in 2025. Former chairman of the deep state Atlantik-Brücke. | |
Friedrich Merz is a German Blackrock lobbyist who was selected to become Chancellor of Germany in 2025. A member of the Christian Democratic Union (CDU), he was Chairman of the transatlantic network Atlantik-Brücke until 2019, and is a staunch supporter of the European Union and NATO, having described himself as "a truly convinced European, a convinced transatlanticist[1]." Merz advocates a closer union and "an army for Europe". He also sat on the supervisory board of the German branch of the world's largest asset manager BlackRock[2].
Career
He was a Member of the European Parliament (MEP) from 1989 to 1994 and sat in the Bundestag from 1994 until 2009, where he chaired the CDU/CSU parliamentary group from 2000 to 2002. Merz was a candidate in the 2018 CDU leadership election, placing second; he was given the position in the 2021 leadership election[3] , but did not succeed.
Bank lobbyism
From 2005 to 2014 (until 2009, in addition to being an elected representative) Merz worked as a partner in the international law firm Mayer, Brown, Rowe & Maw LLP - a heavyweight in the industry with annual sales in the billions, one of the twenty largest law firms in the world and which mostly represents Wall Street companies.
As a representative of this law firm, Merz was hired as a lawyer by the German government (SoFFin) in 2010 to find a buyer for the ailing bank WestLB after the law firm already had dumped the bank's junk bonds worth 77 billion euros to a taxpayer-funded "Bad Bank". Merz received a fee of 5,000 euros per day from the government for his services. His engagement was also a success for the bank HSBC Trinkaus & Burkhardt, which played a role in the takeover of the WestLB assets. As a thank you for this, Merz was allowed to take over the presidency of the HSBC Trinkaus Board of Directors, a well paid position. [4]
He sits on the boards of AXA Group AG, DBV-Winterthur Holding AG, Deutsche Börse AG, Ernst & Young AG, ROCKWOOL, WEPA Industrieholding SE, Commerzbank AG and the HSBC Trinkaus & Burkhardt[5]. His biggest career move, however, was his appointment as chairman of the supervisory board of the German branch of the world's largest asset manager BlackRock.
He is a founding member of the neoliberal think tank Initiative Neue Soziale Marktwirtschaft[6] and sits on committees in the neoliberal network Stiftung Marktwirtschaft.[7]
References
- ↑ https://www.welt.de/politik/deutschland/article183054050/Merz-will-CDU-Chef-werden-Wir-brauchen-Aufbruch-und-Erneuerung-keinen-Umsturz.html
- ↑ http://www.manager-magazin.de/unternehmen/personalien/friedrich-merz-wird-lobbyist-des-investmentriesen-blackrock-a-1082798.html
- ↑ https://www.sueddeutsche.de/politik/merkel-cdu-bundesregierung-1.4189532
- ↑ https://www.nachdenkseiten.de/?p=46793
- ↑ https://www.about.hsbc.de/de-de/hsbc-in-germany/executive-bodies
- ↑ https://lobbypedia.de/wiki/Initiative_Neue_Soziale_Marktwirtschaft
- ↑ https://lobbypedia.de/wiki/Stiftung_Marktwirtschaft