Both the vice president and the deputy chief of staff, as it happens, owed their previous, lucrative jobs in the private sector to their relationships with the Armstrong family. Anne Armstrong, Katharine's mother, was on the board of Halliburton that made Dick Cheney its chief executive officer. Tobin Armstrong, Katharine's father, had financed Karl Rove & Co., Rove's political consulting firm. Katharine herself is a lobbyist for Houston law firm Baker Botts, a major Texas power broker since it was founded in the 19th century by the family of James A. Baker III, the former secretary of state and close associate of George H.W. Bush's.
Katharine Armstrong took up lobbying after her recent divorce. Her contracts include Parsons, a construction firm that has done work in Iraq, among others. Her business partner, Karen Johnson, a close friend of Rove's, does extensive business with the State Department, the U.S. Agency for International Development and defense contractors. But Armstrong's protestations to news media that she does not lobby Cheney should probably be taken at face value given her background.
Katharine Armstrong is linked to two family fortunes -- those of Armstrong and King -- that include extensive corporate holdings in land, cattle, banking and oil. No one in Texas, except perhaps Baker, but certainly not latecomer George W. Bush, has a longer lineage in its political and economic elite. In 1983, Debrett's Peerage Ltd., publisher of "Debrett's Peerage and Baronetage," printed "Debrett's Texas Peerage," featuring "the aristocrats of Texas," with the King family noted as the "Royal Family of Ranching." The King Ranch, founded by Richard King in 1857, is the largest in Texas, and its wealth was vastly augmented by the discovery of oil on its tracts, making the family a major shareholder of Exxon. The King Ranch is the model for Edna Ferber's novel of Texas aristocracy, "Giant."
John B. Armstrong, a Texas Ranger and enforcer for the King Ranch, founded his own neighboring ranch in 1882, buying it with the bounty of $4,000 he got for capturing the outlaw John Wesley Hardin. In 1944, almost inevitably, the two fortunes became intertwined through marriage. Tobin Armstrong's brother John married the King Ranch heiress, who was also a Vassar classmate of Tobin's wife, Anne, who came from a wealthy New Orleans family.
http://service.spiegel.de/cache/international/0,1518,401260,00.html
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