December, 18 2013, 12:04pm EDT
Meet Nicholas Moore, America's Highest Paid "Road Worker"
MADISON, WI
The Center for Media and Democracy's (CMD) series of profiles on "America's Highest Paid Government Workers" today puts the spotlight on Nicholas Moore, Managing Director and CEO of the Australian firm Macquarie.
Macquarie Group Limited is a publicly traded banking, financial, advisory, investment, and fund management services headquartered in Sydney, Australia. In the United States, it has pushed for the privatization of public infrastructure and assets and operates major toll roads including Chicago's Skyway, Indiana's Toll Road, and the Dulles Greenway in Virginia, where area residents complain that higher tolls are pushing traffic into residential areas. The firm also owns a stake in Acquarion, a private, for-profit water service provider in New England, and is a major investor in K12 Inc., a for-profit provider of poorly performing "cyberschools." K12 Inc. receives 86% of its revenue from taxpayers.
U.S. taxpayers and toll payers contribute to making Moore "America's Highest Paid Road Worker." Moore made $8.8 million in compensation in fiscal year 2013, according to Bloomberg BusinessWeek . Macquarie's top executives are also well compensated making an estimated $53 million in combined compensation in fiscal year 2013. In the fiscal year ending March 31, 2013, Macquarie reported $6.7 billion in revenue.
"Why are we sending taxpayer revenue to executives and shareholders abroad when we need to be investing in America, rebuilding our roads, bridges and other infrastructure?" said Lisa Graves, Executive Director for the Center for Media and Democracy.
For a number of years, Macquarie funded and led ALEC's efforts to promote privatization of U.S. services. For instance, when Macquarie's Geoff Segal was the private sector chair of ALEC's Transportation and Infrastructure subcommittee in 2011, he introduced the "Establishing a Public Private Partnership (P3) Authority Act" as a "model" bill to promote the privatization of public assets. The bill calls for an unelected committee to serve as a one-stop-shop for the privatization of any public service.
CMD will continue to profile some of the other CEOs who are living large off the taxpayer dime this month. The effort is part of our ongoing project, OutsourcingAmericaExposed.org, which focuses on the 12 firms doing the most to privatize public services.
Learn more about Macquarie at our SourceWatch profile. Follow the conversation at #OutsourcingAmerica.
The Center for Media and Democracy (CMD) is a non-profit investigative reporting group. Our reporting and analysis focus on exposing corporate spin and government propaganda. We publish PRWatch, SourceWatch, and BanksterUSA. Our newest major investigation is available at ALECexposed.org. We accept no funding from for-profit corporations or the government. If you would like to make a financial contribution to support our work, please click here.
LATEST NEWS
'A Wake-Up Call': Scientists Find 2025 Among Hottest Years on Record
"2025 was full of stark reminders of the urgent need to cut climate pollution, invest in clean energy, and tackle the climate crisis now."
Dec 30, 2025
Climate change driven by human burning of fossil fuels helped make 2025 one of the hottest years ever recorded, a scientific report published Monday affirmed, prompting renewed calls for urgent action to combat the worsening planetary emergency.
Researchers at World Weather Attribution (WWA) found that "although 2025 was slightly cooler than 2024 globally, it was still far hotter than almost any other year on record," with only two other recent years recording a higher average worldwide temperature.
For the first time, the three-year running average will end the year above the 1.5°C warming goal, relative to preindustrial levels, established a decade ago under the landmark Paris climate agreement.
"Global temperatures remained very high and significant harm from human-induced climate change is very real," the report continues. "It is not a future threat, but a present-day reality."
"Across the 22 extreme events we analyzed in depth, heatwaves, floods, storms, droughts, and wildfires claimed lives, destroyed communities, and wiped out crops," the researchers wrote. "Together, these events paint a stark picture of the escalating risks we face in a warming world."
The WWA researchers' findings tracked with the findings of United Nations experts and others that 2025 would be the third-hottest year on record.
According to the WWA study:
This year highlighted again, in stark terms, how unfairly the consequences of human-induced climate change are distributed, consistently hitting those who are already marginalized within their societies the hardest. But the inequity goes deeper: The scientific evidence base itself is uneven. Many of our studies in 2025 focused on heavy rainfall events in the Global South, and time and again we found that gaps in observational data and the reliance on climate models developed primarily for the Global North prevented us from drawing confident conclusions. This unequal foundation in climate science mirrors the broader injustices of the climate crisis.
The events of 2025 make it clear that while we urgently need to transition away from fossil fuels, we also must invest in adaptation measures. Many deaths and other impacts could be prevented with timely action. But events like Hurricane Melissa highlight the limits of preparedness and adaptation: When an intense storm strikes small islands such as Jamaica and other Caribbean nations, even relatively high levels of preparedness cannot prevent extreme losses and damage. This underscores that adaptation alone is not enough; rapid emission reductions remain essential to avoid the worst impacts of climate change.
“If we don’t stop burning fossil fuels very, very, quickly, very soon, it will be very hard to keep that goal” of 1.5°C, WWA co-founder Friederike Otto—who is also an Imperial College London climate scientist—told the Associated Press. “The science is increasingly clear.”
The WWA study's publication comes a month after this year's United Nations Climate Change Conference—or COP30—ended in Brazil with little meaningful progress toward a transition from fossil fuels.
Responding to the new study, Climate Action Campaign director Margie Alt said in a statement that "2025 was full of stark reminders of the urgent need to cut climate pollution, invest in clean energy, and tackle the climate crisis now."
"Today’s report is a wake-up call," Alt continued. "Unfortunately, [US President Donald] Trump and Republicans controlling Congress spent the past year making climate denial official US policy and undermining progress to stave off the worst of the climate crisis. Their reckless polluters-first agenda rolled back critical climate protections and attacked and undermined the very agencies responsible for helping Americans prepare for and recover from increasingly dangerous disasters."
"Across the country, people are standing up and demanding their leaders do better to protect our families from climate change and extreme weather," Alt added. "It's time those in power started listening.”
Keep ReadingShow Less
Judge Slaps Down Trump Administration Scheme to 'Starve' Nation's Top Consumer Protection Watchdog
"If the CFPB is not there, people have nowhere to turn when they get cheated," said Sen. Elizabeth Warren.
Dec 30, 2025
President Donald Trump and his administration have been openly plotting to scrap the nation's top consumer protection watchdog, but a federal judge has at least temporarily put those plans on hold.
US District Judge Amy Berman Jackson ruled on Tuesday that the US Federal Reserve must continue providing funds to the Consumer Financial Protection Bureau (CFPB), rejecting the Trump administration's claims that the nation's central bank that the nation's central bank currently lacks to "combined earnings" to fund the bureau's operations.
The administration had argued that the Federal Reserve should not be making payments to the CFPB because it has been operating at a loss since 2022, when it began a series of aggressive interest rate hikes aimed at taming inflation.
However, Jackson rejected this reasoning and accused the administration of using it as a cover to defund an agency that the president and top officials such as Russell Vought, director of the Office of Management and Budget, had long expressed a desire to abolish.
"It appears that defendants’ new understanding of 'combined earnings' is an unsupported and transparent attempt to starve the CPFB of funding," the judge wrote.
The CFPB must now be funded at least until the DC Circuit of Appeals weighs in on an ongoing lawsuit brought by the National Treasury Employees Union (NTEU) against Vought over layoffs at the agency that is scheduled for hearings in February.
The NTEU took a victory lap in the wake of the ruling and taunted Vought for his defeat.
"Yet another loss for Rusty Vought," the union posted on Bluesky. "Wonder how much longer Donald is going to put up with this?"
While it will continue to receive funding for the time being, the CFPB has still seen its ability to fulfill its mission severely diminished during Trump's second term.
A Tuesday report from Reuters claimed that the CFPB is "on the brink of collapse" given that the Trump administration, congressional Republicans, and industry lawsuits have "undone a decade's worth of CFPB rules on matters ranging from medical debt and student loans to credit card late fees, overdraft charges and mortgage lending."
The report also noted that, during Trump's second term, the CFPB has "dropped or paused its probes and enforcement actions, and stopped supervising the consumer finance industries, leading to a string of resignations" at the agency.
Sen. Elizabeth Warren (D-Mass.), who first drew up plans to create the CFPB in the wake of the 2008 global financial crisis, explained the agency's importance in an interview with Reuters.
"I was stunned by the number of people in financial trouble who had lost a job or got sick but who had also been cheated by one or more of their creditors," she said. "For no agency was consumer protection a first priority, it was somewhere between fifth and 10th, which meant there was just no cop on the beat. If the CFPB is not there, people have nowhere to turn when they get cheated."
Keep ReadingShow Less
UN Describes 'Crime Scene' in el-Fasher, Sudan After Gaining Access to War-Torn City
UN officials said they were "still very concerned about those who are injured, who we didn’t see, those who may be detained."
Dec 30, 2025
After weeks of pushing for access to el-Fasher, the city in Sudan's Darfur region that was taken over by the paramilitary Rapid Support Forces in October, United Nations officials reported on Tuesday that their recent visit to the city showed evidence of a "crime scene," with the few people remaining there showing signs of trauma from the mass atrocities they suffered and witnessed.
UN humanitarian workers gained access to the city last Friday, two months after the government-aligned Sudanese Armed Forces (SAF) lost control of el-Fasher to the United Arab Emirates-backed RSF.
The city was the SAF's last major stronghold in Darfur, and fighting has now escalated in the Kordofan region.
Reuters reported that the RSF has attempted to portray el-Fasher as "back to normal" since its takeover, even as the Yale Humanitan Research Lab published a report earlier this month on the mass killings that the paramilitary group have sought hide evidence of "through burial, burning, and removal of human remains on a mass scale."
Denise Brown, the UN resident and humanitarian coordinator for Sudan, told Reuters that the few people remaining in el-Fasher are living in empty buildings or tents made of plastic sheets. A small market was operating, but was selling only locally grown vegetables.
"The town was not teeming with people," Brown said. "There were very few people that [we] were able to see... We have photos of people, and you can see clearly on their faces the accumulation of fatigue, of stress, of anxiety, of loss."
Healthcare staff were seen at Saudi Hospital in el-Fasher, where 460 people were killed in an RSF attack, but they were working without medical supplies, Brown said.
Yale's report earlier this month relied partially in satellite imagery taken between October 26-November 28, which showed clusters of what researchers said were consistent with human remains in and around el-Fasher. More than 70% of the clusters had become smaller in satellite images by late November, and 38% were no longer visible.
The researchers said the RSF has used particular patterns of killing, including murdering people as they flee attacks, door-to-door and execution-style killings, and mass killings at detention centers and military installations.
Nathaniel Raymond, executive director of the Humanitarian Research Lab, said the UN's discovery of few signs of life in el-Fasher corroborated the lab's findings.
Brown said the UN team is "still very concerned about those who are injured, who we didn’t see, those who may be detained," and told Reuters the officials plan to return to assess water and sanitation access.
About 100,000 people fled el-Fasher in October, and about three-quarters of those forced to leave the city were already internally displaced people who had fled violence as many as three or more times. In total 1.17 million el-Fasher residents have been displaced.
Earlier this month, Doctors Without Borders, also known as Médecins Sans Frontières (MSF), released a short documentary detailing the experiences of people who left the city and are sheltering in Chad.
"They call it Paris, and now it is destroyed," a man named Noor told MSF of el-Fasher. "In the past it was a good city with all its lights on."
An estimated 30.4 Sudanese people are now in need of humanitarian assistance, and on Monday the UN Children's Fund (UNICEF) reported unprecedented levels of child malnutrition in the Um Baru locality in northern Darfur.
More than half of children there are suffering from acute malnutrition, and 1 in 6 are severely, acutely malnourished—a condition that could kill them within weeks if left untreated.
“When severe acute malnutrition reaches this level, time becomes the most critical factor,” said UNICEF Executive Director Catherine Russell. “Children in Um Baru are fighting for their lives and need immediate help. Every day without safe and unhindered access increases the risk of children growing weaker and more death and suffering from causes that are entirely preventable.”
Many of the families observed by UNICEF fled el-Fasher in recent weeks.
Keep ReadingShow Less
Most Popular