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Walter Mondale

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Walter Frederick "Fritz" Mondale (born January 5, 1928 in Ceylon, Minnesota) is an American politician and member of the Democratic-Farmer-Labor Party. He was the 42nd US Vice President (1977-1981) under President Jimmy Carter. He was also a two-term US Senator from Minnesota and the Democratic Party nominee for president in 1984 against the incumbent, Republican Ronald W. Reagan, who was reelected in a landslide when Mondale carried only his home state of Minnesota and the District of Columbia.

Early life

Mondale was born in Ceylon, Minnesota, the son of a Methodist minister. His half-brother was the Unitarian minister Lester Mondale. He was educated at Macalester College in St. Paul and the University of Minnesota, graduating in 1951. He then served two years at Fort Knox, in the U.S. Army during the Korean War. He graduated with a law degree from the University of Minnesota Law School in 1956 and began to practice law in Minneapolis.

Entry into politics and U.S. Senator

He managed the re-election campaign of Gov. Orville Freeman, who in return in 1960 appointed Mondale the state's attorney general. He spent two terms as attorney general. When Hubert H. Humphrey II was elected vice president in 1964, Mondale was appointed to Humphrey's seat in the Senate. Mondale was elected to the seat in 1966 and re-elected in 1972.

Mondale gained public notice for his role in the Apollo 1 investigation. He attempted to show that NASA was dangerous and a waste of taxpayer money. His ultimate goal was that this money should be directed into social services. Many people came away from the experience with the belief that Mondale was on a witch-hunt.

42nd Vice President

When Jimmy Carter won the Democratic nomination for president in 1976, he chose Mondale as his running mate. Mondale was inaugurated as vice president on 20 January 1977. He was the first vice president to reside at the official vice presidential residence, Number One Observatory Circle. Carter and Mondale were renominated at the 1980 Democratic National Convention, but lost to Ronald W. Reagan and George H. W. Bush. (See U.S. presidential election, 1976, U.S. presidential election, 1980.)

Presidential nominee of 1984

After a brief return to the practice of law, Mondale won the Democratic presidential nomination in the 1984 election. He chose U.S. Rep. Geraldine A. Ferraro of New York as his running mate, making her the first woman nominated for that position by a major party. Mondale ran a liberal campaign, supporting a nuclear freeze and the Equal Rights Amendment (ERA). He spoke against what he considered to be unfairness in Reagan's economic policies and the need to reduce federal budget deficits.

Mondale shakes hands with Ronald Reagan before a debate in 1984.

When he made his acceptance speech at the Democratic Convention, Mondale said: "Let's tell the truth. Mr. Reagan will raise taxes, and so will I. He won't tell you. I just did." Although he intended this to demonstrate that he was honest while Reagan was hypocritical, it was widely remembered as simply a campaign pledge to raise taxes, and it hurt him in the end. In 1986, Reagan did sign into law a bill that raised taxes for corporations, but at the same time cut taxes further for individual taxpayers.

In the 1984 election, Mondale was defeated in a massive landslide, winning only the District of Columbia and his home state of Minnesota, thus securing only 13 electoral votes to Reagan's 525. Mondale's defeat was the worst for any Democratic Party candidate in history, and the worst for any major-party candidate since Alf Landon's loss to Roosevelt in 1936.

Private citizen and ambassador

Following the election, Mondale returned again to private law practice, with Dorsey & Whitney in Minnesota in 1987. From 1986 to 1993, Mondale was chairman of the National Democratic Institute for International Affairs.

Under the presidency of Bill Clinton, he was ambassador to Japan from 1993 to 1996, chaired a bipartisan group to study campaign finance reform, and was Clinton's representative in Indonesia in 1998.

2002 election

Mondale talks during a debate with Norm Coleman in 2002.

In 2002, Democratic US Senator Paul Wellstone of Minnesota, who was running for re-election, died in a plane crash just 11 days before the Nov. 5 election. Mondale, at age 74, replaced Wellstone on the ballot, but narrowly lost the election to the conservative Republican opponent Norm Coleman. Upon conceding the election, Mondale said, "At the end of what will be my last campaign, I want to say to Minnesota, you always treated me well, you always listened to me". Mondale finished with 1,067,246 votes (47.34%) to Coleman's 1,116,697 (49.53%) out of 2,254,639 votes cast. Mondale set a political record of sorts as a result of this loss, becoming the only major party candidate in U.S. history to lose statewide elections in all 50 states (having won only Minnesota in the 1984 election).

Norwegian ancestry

Mondale has always maintained strong ties to his ancestral Norway. Coincidentally, when he entered the Senate in 1964 he took over the seat of vice president Hubert Humphrey, another Norwegian-American. In later years Mondale has served on the executive committee of the Peace Prize Forum, an annual conference co-sponsored by the Norwegian Nobel Institute and five Midwestern colleges of Norwegian heritage. In connection with Norway's Centennial Celebration in 2005, he chairs the committee to promote and develop cultural activities between Norway and Norwegian-American organizations. During the 1984 Presidential election he was even nicknamed "Norwegian wood", a play on the Beatles song, his ancestory and his appearance.

Mondale's 45 year old daughter, Eleanor, is a television personality, who is currently battling brain cancer.


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Mondale's 45 year old daughter, Eleanor, is a television personality, who is currently battling brain cancer.
. During the 1984 Presidential election he was even nicknamed "Norwegian wood", a play on the Beatles song, his ancestory and his appearance. The CMD is abolished under this new structure, board meetings will be more executive in character and there will (now) only be one "Shell" AGM, in one location, every year. In connection with Norway's Centennial Celebration in 2005, he chairs the committee to promote and develop cultural activities between Norway and Norwegian-American organizations. in line with most other private sector oil companies) and most commentators have commented favourably on the change which they believe will establish a more transparent and accountable corporation. In later years Mondale has served on the executive committee of the Peace Prize Forum, an annual conference co-sponsored by the Norwegian Nobel Institute and five Midwestern colleges of Norwegian heritage. The new organisation structure follows a more conventional business model (e.g.

Coincidentally, when he entered the Senate in 1964 he took over the seat of vice president Hubert Humphrey, another Norwegian-American. Others felt that the real power in Shell lay not with the two parent company boards at all but with the "Committee of Managing Directors" (CMD) which had no legal status, but nevertheless took all the key operational decisions. Mondale has always maintained strong ties to his ancestral Norway. Some critics thought that as the two parent companies had separate boards, with separate memberships, this meant that there was a certain amount of (undesirable) independence of each of the companies from the other. history to lose statewide elections in all 50 states (having won only Minnesota in the 1984 election). The type of business structure now to be created was not possible under the relevant laws in 1907 when the Group was established, and the unique form of organisation that was then adopted by Shell, although durable, had come under criticism in recent years. Mondale set a political record of sorts as a result of this loss, becoming the only major party candidate in U.S. On the 28th of June, 2005 investors in both "Shell Transport and Trading" and in "Royal Dutch" approved, at their Annual General Meetings, plans to merge the Group's dual-ownership structure and create a single company worth £120bn ($219bn).

Mondale finished with 1,067,246 votes (47.34%) to Coleman's 1,116,697 (49.53%) out of 2,254,639 votes cast. On October 28, 2004, the company announced its proposal formally to merge Royal Dutch and "Shell" Transport and Trading into one entity, Royal Dutch Shell plc, to be "incorporated in the UK but headquartered and tax resident in the Netherlands." The new parent company's primary listing will be on the London Stock Exchange. Upon conceding the election, Mondale said, "At the end of what will be my last campaign, I want to say to Minnesota, you always treated me well, you always listened to me". Lord Oxburgh's comments were consistent with Shell's commitment to Sustainable Development, a commitment which was a key part of the reputation building efforts that the Group undertook after Brent Spar. Mondale, at age 74, replaced Wellstone on the ballot, but narrowly lost the election to the conservative Republican opponent Norm Coleman. "Sequestration is difficult, but if we don't have sequestration then I see very little hope for the world," he said. 5 election. As a remedy he proposed the practice of carbon sequestration, which involves removing carbon dioxide from the atmosphere and burying it underground.

In 2002, Democratic US Senator Paul Wellstone of Minnesota, who was running for re-election, died in a plane crash just 11 days before the Nov. On June 17th of 2004, Shell chairman Ronald Oxburgh made a statement to The Guardian that in the face of the threat of global warming he was "really very worried for the planet”. Under the presidency of Bill Clinton, he was ambassador to Japan from 1993 to 1996, chaired a bipartisan group to study campaign finance reform, and was Clinton's representative in Indonesia in 1998. The reserves issue led to the dismissal of the Group Chairman Sir Philip Watts , and the departure of the CFO and other top executives. From 1986 to 1993, Mondale was chairman of the National Democratic Institute for International Affairs. This practice has since been discontinued. Following the election, Mondale returned again to private law practice, with Dorsey & Whitney in Minnesota in 1987. As a contributing factor, it was identified that in previous years the leading management's bonus payments were linked to the proven reserves base.

Mondale's defeat was the worst for any Democratic Party candidate in history, and the worst for any major-party candidate since Alf Landon's loss to Roosevelt in 1936. This corresponds to roughly 13% of the previous proven reserves base. In the 1984 election, Mondale was defeated in a massive landslide, winning only the District of Columbia and his home state of Minnesota, thus securing only 13 electoral votes to Reagan's 525. The delayed Annual report and Accounts 2003 restated proven reserves reduced 6.648 mn USD in 2001 and reduced by 6.469 mn USD in 2002. In 1986, Reagan did sign into law a bill that raised taxes for corporations, but at the same time cut taxes further for individual taxpayers. Shell drew fire in 2004 when it had to perform a major recategorization of its reserves, admitting that a significant share of reserves previously booked as proven did not fulfill the requirements for proof under the US regulatory provisions. I just did." Although he intended this to demonstrate that he was honest while Reagan was hypocritical, it was widely remembered as simply a campaign pledge to raise taxes, and it hurt him in the end. Five men were jailed in June 2005 for obstructing the construction of the pipeline through their lands.

He won't tell you. The concerns lie in piping the gas, at high pressure, through inhabited areas. Reagan will raise taxes, and so will I. Natural gas is sometimes refined at source when offshore. Mr. In Ireland, Shell has drawn criticism by attempting to pipe unrefined gas from the Corrib Gas Field onshore and to refine it at a plant in north County Mayo. When he made his acceptance speech at the Democratic Convention, Mondale said: "Let's tell the truth. In Canada, Shell Canada settled a lawsuit in which an additive in their gasolines created problems on fuel gauges, especially in automobiles produced by DaimlerChrysler.

He spoke against what he considered to be unfairness in Reagan's economic policies and the need to reduce federal budget deficits. Shell eventually agreed to disassemble it onshore in Norway, although Shell has always maintained (supported by third party advice) that its original plan to sink the platform was safer and better for the environment. Mondale ran a liberal campaign, supporting a nuclear freeze and the Equal Rights Amendment (ERA). Shell was also challenged by Greenpeace for plans for subsea disposal of the Brent Spar, an old oil transport and hub station located in the North Sea, into the North Atlantic. Ferraro of New York as his running mate, making her the first woman nominated for that position by a major party. When Saro-Wiwa was executed on trumped-up charges some of the world-wide condemnation of the act was aimed at Shell who by association was implicated. Geraldine A. The political activist Ken Saro-Wiwa had implicated Shell during his “treason” trial by saying “…the ecological war that [Shell] has waged … will be called to question sooner than later and the …crime of the Company's dirty wars against the Ogoni people will also be punished.” Shell was also found to be providing money and supplies to the Nigerian military.

Rep. Shell's involvement in Nigeria came to the fore after the execution of dissident Ken Saro-Wiwa and eight others. He chose U.S. Shell operates in Nigeria under the name Shell Petroleum Development Company (SPDC). After a brief return to the practice of law, Mondale won the Democratic presidential nomination in the 1984 election. Mobil) it could be more of a force for good by staying in the country than by leaving. presidential election, 1980.). Shell always argued that unlike other multinationals who withdrew (e.g.

presidential election, 1976, U.S. Annual General Meetings of the two Group holding companies were disrupted by protesters and Shell was also accused of sanctions breaking. (See U.S. In the 1970s and 1980s Shell was heavily criticised by anti Apartheid activists for continuing to carry out business in the Republic of South Africa. Bush. Over the years Shell has been criticized by environmental and human rights groups for a number of their operations, especially in South Africa and Nigeria. W. Commentators have pointed to the break of tradition in this appointment as Ollila will be the first Shell Chairman to be neither Dutch nor British.

Reagan and George H. The appointment will be effective from 1 June 2006. Carter and Mondale were renominated at the 1980 Democratic National Convention, but lost to Ronald W. On 4 August 2005, the board of directors of Royal Dutch Shell plc announced the appointment of Jorma Ollila, currently Chairman and CEO of Nokia, to succeed Aad Jacobs as the company’s Non-Executive Chairman. He was the first vice president to reside at the official vice presidential residence, Number One Observatory Circle. An original investor, the largest single shareholder of Royal Dutch Shell is the holding company owned by the Dutch Royal Family, which was set up by Queen Wilhelmina of the Netherlands. Mondale was inaugurated as vice president on 20 January 1977. Although, to meet company law in all countries, there were executive and non-executive nominated directors of both Royal Dutch and Shell Transport and Trading , the Group had in fact been run by an executive body called the "Committee of Managing Directors" (CMD), whose members were the (executive) Managing Directors of the two parent companies.

When Jimmy Carter won the Democratic nomination for president in 1976, he chose Mondale as his running mate. Even now, likely for tax reasons, the company's shares are divided into two classes, A and B, representing the former Royal Dutch and Shell shares respectively. Many people came away from the experience with the belief that Mondale was on a witch-hunt. In many cases, subsidiary companies are held in partnership with other companies or governments. His ultimate goal was that this money should be directed into social services. The Shell interest in subsidiaries is always divided 60/40 in favor of Royal Dutch. He attempted to show that NASA was dangerous and a waste of taxpayer money. Shell Canada) also have local shareholders and are traded on local stock markets.

Mondale gained public notice for his role in the Apollo 1 investigation. These two companies jointly owned all the operating companies in the group, although some (e.g. Mondale was elected to the seat in 1966 and re-elected in 1972. The two holding companies were the Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company plc of the United Kingdom. Humphrey II was elected vice president in 1964, Mondale was appointed to Humphrey's seat in the Senate. Prior to unification on 20 July 2005, the group was a dual listed company. When Hubert H. through 2004, and non-exclusively through 2006.

He spent two terms as attorney general. Shell may exclusively use the Texaco brand in the U.S. Orville Freeman, who in return in 1960 appointed Mondale the state's attorney general. In 2001, Shell purchased about 13,000 Texaco stations and several refineries in the United States to permit Texaco to merge with Chevron Corporation. He managed the re-election campaign of Gov.
. He graduated with a law degree from the University of Minnesota Law School in 1956 and began to practice law in Minneapolis. The Forestry business went the way of Nuclear, Coal,Metals and Electricity generation and was disposed of in 2003.

Army during the Korean War. In recent years Shell has moved tentatively into alternative Energy with investments in Solar Power; Wind Power; Hydrogen and Forestry. He then served two years at Fort Knox, in the U.S. However none of these ventures were seen as successful and all have now been disposed of. Paul and the University of Minnesota, graduating in 1951. These diversifications have included Nuclear Power (a short lived and costly Joint Venture with Gulf Oil in the USA); Coal (Shell Coal was for a time a significant player in mining and marketing); Metals (Shell acquired the Dutch metals-mining company Billiton in 1970) and Electricity generation (a joint Venture with Bechtel called Intergen). He was educated at Macalester College in St. Over the years Shell has occasionally sought to diversify away from its core oil, gas and chemicals businesses.

His half-brother was the Unitarian minister Lester Mondale. Agrichemicals) have now been disposed of following major restructuring to Shell Chemicals over the past ten years, but there is still a large core chemicals business within the company. Mondale was born in Ceylon, Minnesota, the son of a Methodist minister. Some of the Chemicals diversifications (e.g. . The Chemicals business, involving the production and marketing of a range of hydrocarbon derived chemicals products, was also a logical step downstream from the processing of crude oil in the refinery. Reagan, who was reelected in a landslide when Mondale carried only his home state of Minnesota and the District of Columbia. Similar competencies were required for Natural Gas which has become one of the most important businesses in which Shell is involved and which contributes a significant proportion of the companies’ profits.

He was also a two-term US Senator from Minnesota and the Democratic Party nominee for president in 1984 against the incumbent, Republican Ronald W. The development of technical and commercial expertise in all the stages of this vertical integration from the initial search for oil (exploration) through its harvesting (production), transportation, refining and finally trading and marketing established the core competencies on which the Group was founded. He was the 42nd US Vice President (1977-1981) under President Jimmy Carter. Shell’s primary business was, and is, the management of a vertically integrated oil company. Walter Frederick "Fritz" Mondale (born January 5, 1928 in Ceylon, Minnesota) is an American politician and member of the Democratic-Farmer-Labor Party. Shell has five core businesses: Exploration and Production, Oil Products, Downstream Gas and Power, Chemicals and Renewables, and operates in more than 140 countries across the world. One of the original Seven Sisters, Royal Dutch/Shell is the world's third largest oil company by revenue, and a major player in the petrochemical industry and the solar energy business.

Known as the "Pecten" after the sea shell on which its design is based (the giant scallop, Pecten maximus), the latest version of the logo was designed by Raymond Loewy and introduced in 1971. The Shell emblem is one of the most familiar commercial symbols in the world. By 1907 the company had a fleet of oil tankers. When collecting seashell specimens in the Caspian Sea area in 1892, the younger Samuel realised there was potential in exporting lamp oil from the region and commissioned the world's first purpose built oil tanker, the Murex, to enter this market.

In 1833, the founder's father, also Marcus Samuel, had himself founded an import-export business to sell seashells to London collectors. The origin of the brand name Shell is linked to the origins of The "Shell" Transport and Trading Company. .
.

Shell is the world's third largest publicly traded Oil company based on revenues (After BP and ExxonMobil) and the second most profitable (after ExxonMobil) - (Fortune Global 500 2004). Under the old capital structure, Shell's ADRs were traded on the New York Stock Exchange under RD (Royal Dutch) and SC (Shell). The unification was completed on 20 July 2005. In November 2004 it was announced that that the Shell Group would move to a single capital structure, creating a new parent company to be named Royal Dutch Shell plc, incorporated in England and Wales, and with its principal listing on the London Stock Exchange but its headquarters in The Hague in the Netherlands.

In 1931, partly in response to the difficult economic conditions of the times, Shell-Mex merged their marketing operations in the UK (only) with those of British Petroleum to create Shell-Mex and BP Ltd a company that continued to trade until the brands separated again in 1975. In 1919, Shell took control of the Mexican Eagle Petroleum Company and in 1921 formed Shell-Mex Limited which marketed products under the “Shell” and “Eagle” brands in the United Kingdom. The "Shell" Transport and Trading Company (the quotation marks are official) was a British company which dated back to 1897 and which had been founded by Marcus Samuel, and his brother, Samuel Samuel. Royal Dutch Petroleum Company had been founded in 1890 by Jean Kessler, along with Henri Deterding and Hugo Loudon, when a Royal charter was granted by Queen Wilhelmina to a small oil exploration company known as "Royal Dutch.".

Prior to unification, the group operated under a number of operating and shareholder agreements. Koninklijke Nederlandsche Petroleum Maatschappij) and The "Shell" Transport and Trading Company plc merged their operations to compete against the then-giant American oil company, Standard Oil. The Royal Dutch/Shell Group was created in 1907 when Royal Dutch Petroleum Company (legal name in Dutch, N.V. Shell has operations in 140 countries in the world, the biggest of which is in the United States where its operating company is Shell Oil Company, which has its head office in Houston, Texas.

Shell's revenues of $268 billion (2004) made it the fourth largest corporation in the world in 2004 and its profits of $18.18 billion made it the world's second most profitable business in terms of gross profits (calculations based on those numbers demonstrate a gross profit margin of 6.8%). Its corporate headquarters are in The Hague, Netherlands, with legal headquarters in London, United Kingdom. Shell also has a significant petrochemicals business (Shell Chemicals) and an embryonic renewable energy sector developing wind and solar opportunities. Royal Dutch Shell plc is a major energy company, one of the top four vertically integrated private sector oil/gas companies in the world (along with BP, ExxonMobil, and Total).

CFO: Peter Voser. CEO: Jeroen van der Veer.

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