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Environmentalist Cammack Profited From Environmentally Questionable Investments

By Kleinheider Posted on July 17, 2009 at 11:35 am

Jeff Woods reports:

Now, insiders are buzzing about a little nugget that’s somehow surfaced about Cammack’s business investments. He’s trying to position himself as an environmentalist, but he profited from investments in oil, gas and mining interests with environmental violations. In one case, Cammack’s firm invested in a gold mining company linked to a gang of vicious warlords in the Congo.

According to documents filed with the Security and Exchange Commission, ESC Strategic Funds, which Cammack served as chairman, invested $162,000 into the mining company AngloGold Ashanti in 1999.

According to Human Rights Watch, AngloGold developed ties to a “murderous armed group” in the Congo named the Nationalist and Integrationist Front (FNI). Human Rights Watch issued a 159-page report titled “The Curse of Gold” with a scathing rebuke of AngloGold for working in cahoots with these warlords to access the gold-rich mining site around the town of Mongbwalu.

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Comments

5 Responses to “Environmentalist Cammack Profited From Environmentally Questionable Investments”

  1. JaStep writes
    July 17th, 2009 11:46 am

    Geez, Louise. Cammack needs to get out of this race.

    It’s beginning to look like Democratic candidates for governor of Tennessee are following the paths of Republican candidates for president in 2012. Herron implodes. Cammack implodes. McMillan never really went anywhere.

    Who’s next?

  2. Brawndo: It's Got What Plants Crave! writes
    July 17th, 2009 12:25 pm

    Perhaps Cammack changed some of his environmental views in the last 10 years?

  3. The OG Ben writes
    July 17th, 2009 12:37 pm

    How convenient. Cammack decides to run for governor as a Democrat, despite the fact he was a life-long Republican, so he becomes an environmentalist.

    Did he attend the Roy Herron School of Sincerity?

  4. Brawndo the Thirst Mutilator writes
    July 17th, 2009 1:59 pm

    I was a Republican until recently, too. Is anyone who switched party automatically suspect?

  5. dg writes
    July 18th, 2009 5:23 am

    A company named “AngloGold” running mining operations in Africa. Smacks of colonialism.

    This and his membership in the Belle Meade Country Club make it seem Cammack has a serious case of white rich boy entitlement. Black people exist to make him money and serve him drinks.

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