Posts Tagged ‘larry ellison’

It’s Ask a Stupid Question Time: “How Did Oracle Team USA Win the America’s Cup – Twice?”

Wednesday, April 2nd, 2014

Here we go:

How Did Oracle Team USA Win the America’s Cup – Twice?

Well, I suppose this is a fair question.

AC33: You see, the America’s Cup isn’t really a sport. The defenders have an 85% victory rate because they make a lot of the rules. Despite this, the Larry Ellison BMW team won AC33 as the challenger because it had a new-school wing-sail and the defender had regular old sails. It was a stupid event that was won in courtrooms.

AC34: You see, the America’s Cup isn’t really a sport. The defenders have an 85% victory rate because they make a lot of the rules.

Now I have a question – is Julian Guthrie an objective reporter on the topic of Larry Ellison? (The answer is HELL NO.)

Oh, here’s another. Why did Larry Ellison pick her to tell his stories to? Mmmm.

And what’s funny is that she’s kind of his spokesmodel. So like Larry will tell her that death of Andrew Simpson was a “freak accident” and then that’s the same phrase she’ll use on a call-in radio show, like IDK, Forum with Michael Krasney. And she didn’t say “Larry says it was a freak accident,” you know, the way a journalist might. No no, she was expressing her own opinion, rather emphatically, for whatever reason. Oh well. And then months later, Larry hisself says something on the topic for the first time in public. He was all, “It was a freak accident.” OK fine.

So Larry Ellison wants to hold the next go-around in Hawaii? Well that’s fine, I don’t think anybody would object to that. But it would be nice if Deadbeat Larry could pay for the prior event. The latest estimate is $11,000,000 or so.

Oh, what else, oh, former Supervisor Michela Alioto Pier once told a small crowd that the reason that God didn’t allow SF to host a particular Summer Olympics was because He, and I’m srsly, wanted us to host the 34th America’s Cup and, you know, we couldn’t practically host both events so, you know, divine intervention. Srsly.

Anyway, the legacy of the America’s Cup is an eight-figure debt that we thought Larry would cover but his people merely just said that they would try really hard to cover, which actually meant they wouldn’t really try at all. Oh, and you embarrassed our very sensitive appointed Mayor – hope you’re happy, Larry, but I don’t think you are.

Now, on with the show:

“Wed, Apr 2 2014 – 6:00pm

Jimmy Spithill, Oracle Team USA Skipper
Norbert Bajurin, Commodore, Golden Gate Yacht Club
Julian Guthrie, Reporter, San Francisco Chronicle; Author, The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed Up to Win Sailing’s Greatest Race, The America’s Cup, Twice
Michael Krasny, Host, KQED’s Forum – Moderator

In last summer’s 34th America’s Cup, San Francisco’s home team, Oracle USA, was down eight-to-one when it pulled off a comeback for the ages, with eight straight wins against Emirates Team New Zealand. The victorious skipper, Jimmy Spithill, was at the helm supported by his team and the unlikely partnership of Golden Gate Yacht Club’s Commodore Norbert Bajurin and Larry Ellison, co-founder and billionaire CEO of Oracle Corporation. They’ll talk about the danger and drama of sailing these ultra-fast, aerodynamically designed 72-foot catamarans. Guthrie is the author of The Billionaire and the Mechanic, which tells the incredible story of how a car mechanic and one of the world’s richest men teamed up to win the world’s greatest race – twice!

Come have your photo taken with the America’s Cup trophy! Affectionately known as the “Auld Mug,” The America’s Cup is the oldest international sporting trophy, and it’s coming to the Club as well!

Location: SF Club Office
Time: 5:15 p.m. check-in and premium reception, 6 p.m. program, 7 p.m. book signing
Cost: $20 non-members, $12 members, $7 for students (with valid ID); Premium: $40 non-members, $30 members

 

The Legacy of the America’s Cup: This Mural Next to City Hall, That’s Pretty Much It

Wednesday, March 12th, 2014

Click to expand

The “Bay Area Council Economic Institute” Denies Failure re: the America’s Cup – The BACEI Shouldn’t be Trusted

Tuesday, December 10th, 2013

A few notes here. The “thrilling comeback by Oracle Team USA” was tainted by the cheating scandals involving …Oracle Team USA, wasn’t it? The so-called “economic impact” is about 96% lower than the highest number initially given by … the BACEI. The 3,800 “jobs” referred to are in fact … merely job-years, so, in fact, all the “jobs” “created” are now gone and some of the “jobs” “created” paid less than minimum wage, and some of the workers still haven’t been paid as agreed, and lots of workers came up from SoCal since billionaire Larry Ellison was too cheap to pay Bay Area workers. The America’s Cup “captivated a worldwide audience?” No it did not. And of course the America’s Cup “produced tax revenue” but it also stole tax revenue from San Francisco and net result is a loss to the tune of millions of dollars.

I’ll note that there’s no apology for what everybody now knows was a flawed study from the BACEI in 2010. It’s all spin.

The 2010 report was a big pile of garbage. This after-the-fact press release is a smaller pile, but it’s still garbage.

OTOH, if you want to promote some event in the bay area and you need some wildly optimistic numbers in a report, the BACEI is the corrupt think tank for you.

All the deets:

HOSTING 34TH AMERICA’S CUP GENERATES $550 MILLION IN ECONOMIC ACTIVITY, CREATES MORE THAN 3,800 JOBS

SAN FRANCISCO, CA – The thrilling comeback by Oracle Team USA in the 34th America’s Cup capped an historic event that generated $550 million in economic activity, created more than 3,800 jobs and contributed almost $6.6 million in tax revenue to the City of San Francisco, according to the Bay Area Council Economic Institute.

These figures include a new cruise terminal whose construction was accelerated by the America’s Cup races in San Francisco. In the absence of a new cruise terminal, conservative estimates show that the America’s Cup generated $364 million in economic activity, created almost 2,900 jobs and contributed almost $5.7 million in tax revenue to San Francisco.

The figures also do not include economic activity created throughout the region, local and Bay Area visitor spending, or the benefits associated with gripping media coverage of the high-tech competition that captivated a worldwide audience and showcased the Bay Area as an international tourist destination.

“The $550 million in economic activity generated by the America’s Cup is substantial,” said Sean Randolph, President of the Bay Area Council Economic Institute. “The activity benefitted hundreds of small businesses and other employers in San Francisco and the Bay Area and produced tax revenue that supports a wide range of important city services.”

The economic benefits came from almost $280 million in overall spending by the various teams that competed, the hundreds of thousands of visitors that flocked to the waterfront to watch the most innovative and technologically advanced sailboats in the world and the many events that accompanied the races.

“Hosting the 34th America’s Cup in San Francisco showcased our beautiful City to the world and brought thousands of new jobs, long-overdue legacy waterfront improvements, international visitor spending, and a boost to our regional economy,” said San Francisco Mayor Ed Lee. “Our investment brought in significant revenue to the City and the lessons we learned will help us deliver even better world-class events in the Bay Area in the future.”

The bulk of the tax revenue — almost $3.7 million — came from hotel stays, while payroll-related taxes produced $2 million and tax revenue from parking and retail spending combined reached $2.1 million.

The largest segment of economic benefits — $126.7 million — stemmed from spectators who traveled to San Francisco to watch the competition’s sleek catamarans zip across the bay at speeds approaching 55 miles per hour.

A full Economic Impact Report will be issued before the end of the year.

# # #

About the Bay Area Council Economic Institute
The Bay Area Council Economic Institute is a partnership of business with labor, government, higher education and community leaders that works to support the economic vitality and competitiveness of California and the Bay Area. It produces authoritative analyses on key economic issues in the region and the state, and mobilizes leaders from diverse backgrounds around targeted policy initiatives. A sought-after source of economic perspective, its public-private governance and fact-based approach to economic analysis underpin the Institute’s forward-looking thought leadership (www.bayareaeconomy.org).

Rufus Jeffris | Vice President, Communications | BAYAREA COUNCIL
353 Sacramento Street, 10th Floor | San Francisco, CA 94111
O: 415-946-8725 | M: 415-606-2337 | rjeffris@bayareacouncil.org
www.bayareacouncil.org

New Warriors Arena to be Slightly Lower, Assuming It Gets Built in the First Place – Artist’s Conception

Tuesday, November 12th, 2013

So, unlike the disastrous America’s Cup and 8 Washington campaigns, the Golden State Warriors project is based around stuff that San Franciscans can actually benefit from.

So that’s a good sign.

Remember, the more you complain now, the better this deal gets for San Francisco. You the public are the bad cop and genial SFGov figurehead Ed Lee is the good cop. And of course the good cop won’t be able to get the best deal possible for San Francisco without the bad cop.

If Ed Lee doesn’t like this game, then he can just retire, right? Or go back to his old job the way he promised to in the first place, right?

It’s too bad that Oakland will lose its team.

Oh well.

An America’s Cup Media Mystery: Who is the “Columnist” That Larry Ellison and His Lackeys are So Angry At? Is It CW Nevius?

Tuesday, September 24th, 2013

Here’s Larry Ellison do-boy Stephen Barclay from a few days back:

This sentiment is a far cry from the cynicism several columnists and reporters displayed only a few short weeks ago. Nothing is 100% perfect and everything is open to fair comment. But while the critics were quick to pounce earlier, where are the same columnists and reporters’ opinions now?”

And here’s San Francisco columnist and former #1 America’s Cup cheerleader CW Nevius from earlier on:

The Oracle racing team may have finally done the impossible – not win the America’s Cup in a competition designed to attract a new generation of enthusiasts, but turn people off to sailboat racing.

This week the team was caught cheating.

It’s been well documented that Oracle, the team that can’t sail straight, has turned the America’s Cup into a poorly attended bluegrass festival. We’ve already talked about how the promise of the Cup, majestic boats racing each other over the green waters of the bay, devolved to a single sailboat, “competing” alone, and then holding a press conference to discuss the “victory.”

We’ve supported the races in the Bay Area. The city of San Francisco has poured money and facilities into the extravaganza, and we were promised a global showcase, an international event.

Instead we got Alex Rodriguez - using illegal substances to gain an unfair advantage.”

“The entire Oracle operation is tightly controlled. The idea that a rogue worker sneaked on the boat and placed the performance-enhancing weights in exactly the right place (and on three different boats) without the higher-ups knowing is ridiculous.”

So Im thinking that CW Nevius is among the group of offending journalists what the Larry Ellison worker was complaining about.

Oh, and when the Oracle Team”USA” people (and also “Son of a Legend” Christopher Caen) talk about how “shocked” they were about Oracle getting punished for cheating, it was kind of obvious what was going to happen, so it wasn’t shocking at all. Also from CW:

“Now surely, the international jury isn’t going to throw the defending champion out of the finals. It is much more likely that it will make Oracle forfeit some races.”

And, as expected by Nevius and all others, that’s what happened.

Ah what else, oh, The Nevius has blocked me from his Twitter I’ve discovered, but, just saying, the dude’s name is spelled Barclay, not “Barkley.”

Maybe that’s another reason why he hates your guts, CW.

Now, on with the show…

Larry Ellison Pulled Down by the Spirit of San Francisco – A Ginger Lady Kraken Gets Revenge for Promises Broken

Friday, September 20th, 2013

No no, that’s not a leaden kingpost King Larry Ellison has in his hand. And it’s not a mixing stick to make lead slurry neither. ‘Cause you see, Larry Ellison isn’t being punished by the International Jury for actually telling a group of people to cheat during the 34th America’s Cup and he isn’t being punished for actually lengthening and weighing down kingposts himself. Actually, part of his punishment is for bad management.

So for Larry to tell people about how his cheating scandal is no big deal, well that’s wrong, in’nt?

So Larry, you seem to care ( a lot!) what people think about  you in the  415, so why don’t you pay an event fee for the America’s Cup after the fact?

I mean, you’ve already spent, what. $200,000,000 or so? What’s another 10% more?

Larry, you’re not as good a manager as you think you are. That’s why you’ve spent more money than anybody and yet you’re not succeeding.

Your WIN AT ALL COSTS approach isn’t working Lare-bear.

Just saying

Third-Largest Sporting Event in the World, on a Nice Saturday in the Marina, Just Before the First Race

Thursday, September 19th, 2013

“One million” visitors per day “expected.”

Harsh: “Hitler Reacts to Oracle Team USA’s America’s Cup Loss” – This is How the “FaceBook Generation” Rolls

Thursday, September 12th, 2013

This bit here has elements that are somewhat old and hackneyed, and yet it’s also brand new and it’s also informative:

Is Larry Ellison’s Oracle Team STILL Cheating in the America’s Cup? Isn’t Matt Mitchell “Excluded” from “Sailing” Per the Jury?

Sunday, September 8th, 2013

[UPDATE: Joe Eskenazi of SF Weekly has the story. Mitchell being on the boat when it's not "competing" in a race is kosher, per Russell Coutts and International Jury member Bryan Willis. A mystery solved.]

Boy, we’re deep into Bill Clinton-land, it-depends-on-what-the-meaning-of-the-word-”is”- is-ville now.

Is this Matthew Mitchell, who was officially “excluded from sailing on a Yacht competing in the Match for the 34th Americas Cup until 4 races have been completed,” sailing on a Yacht competing in the Match for the 34th Americas Cup before 4 races have been completed?

It sure looks that way to some people, as Mitchell (or somebody wearing his gear) is shown here aboard after Oracle started losing yesterday

Click to expand

Oh well.

Actual Sailors Weigh In on Christopher Caen’s Bizarre Attack on the Respected America’s Cup International Jury

Friday, September 6th, 2013

Well, I guess you have to start off with this:

Cup of Caen: Follow the Money

So that’s what I’m calling a Bizarre Attack on the Respected America’s Cup International Jury.*

(Speaking of our ill-starred America’s Cup, here’s the latest estimate on how much money we’re going to lose on it, from SF Weekly’s Joe Eskenazi.)

Of course, all the jurors are Sailors.

Is Chris Caen, son of Famous Writer Herb Caen, a Sailor? I don’t know. He sailed a bit in colledge and probably some since, but IDK.

Am I a Sailor? Nope, but oddly enough, I have more experience sailing cats around San Francisco Bay (even if you throw in his recent quid pro quo joyride on an overly-expensive, overpowered and fragile “AC72″ boat, which I don’t).

Oh, but here are some Sailors, and here’s their reaction to what you can find in the link above:

“ISAF’s been shoved in the background over a few AC cycles now. Caen’s premise is way off base. If ISAF wanted to ‘get back at’ or ‘discredit’ the EA, they’ve had a couple of cup cycles to do so.”

“Wow! That really IS tinfoil hat material, isn’t it?”

“Of course the ISAF’s trying to elbow the ACEA out of the picture for the money. Yes, “follow the money!” Starting with the millions San Francisco taxpayers sunk into this unlucrative venture, the tens of thousands the ACEA is spending on unpopulated spectator facilities, etc, etc. Oh, and those fat broadcast contracts? Anyone else notice that the principal sponsor for the U.S. LVC coverage was ORACLE?”

“Yes, he is way, way off the mark on this one.”

I don’t know if Caen is just stupid, lazy, or deceitful, but that article is so full of fallacies and false pretense that it is embarrassing.  He mentions the Oneworld scandal of stolen design information, but then says points have never been taken away from boats in the AC in this way (Oneworld was penalized one point exactly in the same way Oracle has been penalized – two points in each round they would have gotten to including the AC…the fact they didn’t get to the AC is irrelevant as the penalty was there).  He claims ACEA is a new way of managing the cup, but it follows very similarly to the model set forth by Alinghi with ACM.”

“What a ridiculous article. All you need to do is look at the IJ members and their past to know that these are not ISAF lackeys. Guys like Bryan Willis have been involved with the AC for years and years and are not part of the whole ISAF scene. The article couldn’t be further from the truth and is a rather pathetic piece of journalism.”

With sloppy journalism like this, I suspect he could have easily been “fed the story” by someone else with an agenda. Journalism around the world aint what it used to be.”

“…conversant with things like ISAF, AC protocols, the IJ, the ACRM and the ACEA, yet he wrote as though he had a really good handle on things. He clearly did not. HuffPost should be straightened out on that fact, but not by me. Mr Caen should clearly be educated before he passes out more incorrect ,critical, information/disinformation.”

“Quite. It’s a very silly piece indeed. The assumption that it is the IJ that wanted confidentiality is risible and the conflation of the IJ with ISAF is either ignorant or mischievous. Oh and it’s not “respected mainsail trimmer Dirk de Ridder”. I’m afraid it is “formerly respected mainsail trimmer Dirk de Ridder.”

“My general feeling is I don’t expect the average person let alone viewer to have an intimate understanding of the history of the Cup, but then I also don’t expect them to write an opinion piece on the subject either.  If you are going to write such and article, and portray an opinion such as his, then you damn well better check your facts.  He had some clue as to the Oneworld case as he mentions it as a past transgression, but didn’t bother to do the research to determine what the penalty was.  My point is we shouldn’t respect an opinion that is so ill informed as the basis of his opinion is wrong.  You can’t come to an informed opinion if you are not informed.”

“I replied to his twitter link to the article yesterday that he should check his facts with regard to the OneWorld case and a similar penalty which was retweeted by the SFCitizen, but have not received a response.  I would think a respectable journalist would want to make a correction if he was ill informed.  I am not a professional journalist, but have written a few articles for sailing mags (and won two marine writers awards for them) and if I made a mistake, especially one that was important to my conclusions, I would certainly do everything in my power to correct that.”

The jury is an ACEA body hired by GGYC and Oracle in conjunction with their challenger of record/poodle and now you say they are ISAF? I hope ISAF (the real ISAF jury) goes ahead and penalize all of the perpetrators even further so that there is NO mistake who is who.”

Oh, and here’s “Bob303,” who may or may not be a Sailor:

“The penalty only doesn’t make sense if you seek a lack of sense. Oracle created the situation by which they have been penalised when they wrote the protocol for this cup cycle. It is entirely their own doing.

Their efforts to intertwine the America’s Cup World Series (AC45s) and the America’s Cup (AC72s) to attract more sponsors/viewer, plus making it a requirement for entry to the AC that teams field at least one boat in the AC45 series, clearly joined the two at the hip. That was a specific intention of the protocol they wrote. It ensured all teams conducted themselves in a sporting manner throughout the cup cycle and couldn’t get away with stuff which attracted bad PR (or worse, cheating) in the ACWS and then just say “different series guys.”

Similarly, there HAVE been instances of teams being docked points for future round in the America’s Cup. In Valencia 2007 a One World team-member was found in possession of property of Team NZ property. They were docked a point for every stage of the round robin series (3 points in all) before they even started racing.

Just saying this since the writer took a position which ignored salient details which didn’t suit the story narrative. Coutts & Oracle didn’t attempt the “different series” defence line because they knew how ironic it would haven been to attempt that given they wrote the protocol that has now seen them pinged for clear cheating according to the Jury.”

And here’s a simple lament: “Oh please.

Yep.

*Here they are, the International Jury. Remember to “follow the money” if that makes any kind of sense.

David Tillett (Australia) Chairman
A lawyer in Australia, David has been an International Judge for over 20
years and was the Chairman of the ISAF Racing Rules Committee from
2000 until 2012. He is presently a member of the ISAF Council and ISAF
Constitution Committee. He has been a juror at the 31st, 32nd and 33rd
America’s Cups as well as an Umpire at the 28th and
29th America’s Cups. He has been a Jury Member at five Olympic Games, and
Chairman in 2004, 2008 and 2012.

John Doerr (Great Britain)
A graduate Mechanical Engineer specialising in project management
and management development for the petrochemical and construction
industries. John was a dinghy World Champion in 1978 and Olympic
trialist in the Finn class in 1980 and 1984. He has been an International
Judge since 1987 and an International Umpire since 1990. He is a past
Chairman of the ISAF Race Officials Committee and currently a member of the ISAF
Racing Rules and Race Officials Committees. John was Jury Chairman and Chief
Umpire for the 29th America’s Cup and a Jury Member for the 33rd America’s Cup. He
has served on the International Jury at the last five Olympic Games.

Josje Hofland (The Netherlands)
Josje has a ‘Doctoraal’ degree in English Literature and Linguistics. She
has been an International Judge since 1992 and was an International
Umpire between 1992 and 2000. She is a past Chairman of ISAF Judges
and Umpires sub-committees and past member of the Racing Rules and
Race Officials Committee. She was a Jury member
in the 29th and 33rd America’s Cup. For the 29th America’s Cup she filled the role of
Chief Umpire in the Challenger Finals and Deputy Chief Umpire in the America’s Cup
Match. Josje has also been a member of the Jury in four Olympic Games.

Graham McKenzie (New Zealand)
Graham is a Barrister at Law and a Solicitor in New Zealand and has
extensive experience as a commercial lawyer. He holds a Masters of
Law degree from Warwick University, England and is a Notary Public. He
is a Director of companies listed on the stock exchange and unlisted
companies in the hotel, aviation and finance sector businesses. Graham
is a competing sailor in keelboats. He is a member of the ISAF
Constitution Committee. He was a member of the combined Jury and Arbitration
Panel for the 32nd America’s Cup & and member of the Jury for the 33rd America’s
Cup.

Bryan Willis (Great Britain but lives in Malaysia)
A Marine Arbitrator and a past Magistrate (judge) in the lower criminal
court in Great Britain, Bryan has been an International Umpire, and an
International judge since 1976. He was an integral member of the ISAF
Racing Rules Committee for 20 years, and has chaired the Race
Officials Committee and Race Management sub-committees. Bryan
was a Jury member and Chief Umpire in the 28th America’s Cup, Chairman of the
Jury and Chief Umpire in the 30th and 31st America’s Cups, Chairman of the
combined Jury and Arbitration Panel for the 32nd America’s Cup and member of the
Jury for the 33rd America’s Cup. He was a Jury member for the 1992 and 1996
Olympic Games and Jury Chairman of the 2000 Olympic Games and three Volvo
Ocean Races.