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This could be a scoop. Carlyle Group buys Verizon's HI phone co.

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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:23 AM
Original message
This could be a scoop. Carlyle Group buys Verizon's HI phone co.
I have a close friend who works for a media corporation. In the past I've told my friend all about the Carlyle Group.

My friend came across this in a publication call CableFAX Daily.

Thursday -- September 6, 2007
Volume 18/ No 173

snip....

FCC chmn
Kevin Martin told members of Congress that it’s too soon to tell whether private equity ownership of media properties has a negative impact. He made the comments in a letter responding to questions from Reps John Dingell (D-MI) and Ed Markey (D-MA). Martin said the Commission would monitor the role of private equity and “consider whether certain changes to our attribution rules may be warranted.” The Dems’ questions stemmed from deals such as Univision’s sale to a group of private equity firms and Verizon’s sale of a HI phone company to the Carlyle Group.

...end


I haven't heard about this sale anywhere in our media. When I Googled Verizon + Carlyle Group, it does show that there has been talk about this sale.

...This is crazy, the government wants to data mind our phone calls---gets guff from phone company---Bush company buys phone company.
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Demit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:29 AM
Response to Original message
1. Holy f*ck. Do they own everything yet?
I'll be dead by then, but this is the uber-corporation that everyone will work for in the (not so distant) future, as portrayed in (not so fictional) science fiction books & movies. And guess who's centrally positioned at Carlyle. Hint: George H.W. Bush.
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riona Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:39 AM
Response to Reply #1
9. Maybe my memory is faulty but
it seems to me that Daddy * and Baker we're over in Europe selling defense stocks for Carlyle right after Baby * was first elected. Boy, that should have been a broad hint showing how things would go. Carlyle spreads like fire ants.
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:19 PM
Response to Reply #9
20. Here is some more info on the Carlyle Group...
How will President George W. Bush personally make millions (if not billions) from the War on Terror and Iraq?

The old fashioned way. He'll inherit it.

Meet The Carlyle Group...
Former World Leaders and Washington Insiders Making Billions in the War on Terrorism


http://www.hereinreality.com/carlyle.html



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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 01:43 PM
Response to Reply #1
27. It was their plan to filter all of our government surplus to Halliburton,
Edited on Wed Sep-12-07 01:44 PM by The Backlash Cometh
who then planned to come back in and buy up our public infra-structure.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:31 AM
Response to Original message
2. Carlyle bought Verizon's Hawaiian assets in May 2005.
A Washington, D.C.-based private-equity firm, the Carlyle Group, acquired Verizon Communications Inc.'s Hawaii assets for $1.6 billion in May 2005, changing the company name from Verizon Hawaii to Hawaiian Telcom.

http://starbulletin.com/2007/08/17/news/story09.html
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:37 AM
Response to Reply #2
5. Just fucking wonderful..I'm moving
back to Kauai in 3 years so now I know Hawaii telecom is carlyle-buSHITFASCISM.

Oh well, knowledge is forewarned.. Thanks to DUers!
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:39 AM
Response to Reply #5
7. It wasn't any better in that respect under Verizon
Trust me.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:42 AM
Response to Reply #7
12. Oh I know, I'm under
verizon now..but the thought of all the neo-nazi buSHITS owning Anything Hawaiian irritates me.
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:52 AM
Response to Reply #5
13. Not to ruin your day...but the Carlyle Group owns Dunkin' Donuts. ...n/t
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:07 PM
Response to Reply #13
16. Thanks, dammit! I just blew my Dunkin' Donuts coffee and donut......
out my nose......
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:10 PM
Response to Reply #16
17. Dare I say they own Baskin-Robbins....All 31 flavors. ..n/t
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:15 PM
Response to Reply #17
19. The waffle cone is stuck............
please call for help!!!!!!
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:56 PM
Response to Reply #13
23. Oh Kathy! I'm an Vegan
Organic Eater..dunkin' donuts is not even in my orbit..but I know others love the stuff.

Corporate America pretty much Sucks..who woulda guessed?
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:32 AM
Response to Original message
3. Welcome to the 'usf'.........
united states of fascism.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:39 AM
Response to Reply #3
8. "USF" ...it has a certain ring
of clarity..that is not to say the ol' Pendulum will not swing and knock these mofos off their nazipedestal.
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Nikki Stone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:36 AM
Response to Original message
4. Please post any more info on this.
Thanks
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:57 AM
Response to Reply #4
14. That little post is all I have.
I was sent the publication through e-mail as an attachment. I wish I knew how to post it here, but really, what I posted was everything that was mentioned on this subject.
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tech3149 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:38 AM
Response to Original message
6. My sister lives on Oahu, Verizon sold off to Hawiian Telecom
about a year ago. Are you saying that Hawiian Telecom is a Carlyle holding? Any links or other info from your searches?
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tech3149 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:40 AM
Response to Reply #6
10. Yes I guess it's so
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:59 AM
Response to Reply #10
15. Wow, the Carlyle Group owns a lot of media outlets. ..n/t
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 11:41 AM
Response to Reply #6
11. Yes, that is correct
I mentioned that upthread here.
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TomInTib Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:14 PM
Response to Original message
18. Carlyle has been quietly buying Directory Assistance companies
all across the Western Hemisphere.

I just wonder what the goal is.

Would they want the power to shut down communications (cellular)?
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:25 PM
Response to Reply #18
22. Yesterday Be-tray-us said something about controlling the internet.
If they own all our media outlets and have the ablity to see who is out there informing people, they could shut down all communication...this will be their way keeping people in the dark about the corporate take over of our government.
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robinlynne Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 12:21 PM
Response to Original message
21. oh shit. Right when verizon started the 20 $ a month dsl sale....
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 01:04 PM
Response to Original message
24. IMO-There should be a law that elected officials past present & future should NOT be allowed
to buy stocks or be allowed to participate in big business. Talk about conflict of interest! Which is why this country is so f-in screwed up! :puke:
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 01:22 PM
Response to Reply #24
26. past present or FUTURE?
can I have your crystal ball?
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 07:18 PM
Response to Reply #26
32. So it's OK with you for leaders of this country to have financial conflicts of interest
Edited on Wed Sep-12-07 07:19 PM by TheGoldenRule
that could keep them from being impartial?
:wtf:
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 01:21 PM
Response to Original message
25. the carlyle group bogeyman
First,as pointed out upthread, the Carlyle group's purchase of a Hawaii phone company is not exactly a "scoop" (Business Week had an article about in November 2004 - http://www.businessweek.com/bwdaily/dnflash/nov2004/nf2004112_5368_db016.htm

Second, while I'm not certain that equity firm ownership of communications companies is the best way to ensure that those companies operate "in the public interest" (the Communications Act standard), its not because I fear the Carlyle bogeyman. Rather its because the Carlyle Group is about making money and when it comes to operating communications facilities using public spectrum, I think a bit more is required.

But around here, Carlyle Group is a bogeyman because it has had major repubs associated with it over the years, including daddy Bush. Of course, he retired from his position as a senior advisor to Carlyle back in 03. And current advisors/partners etc of the firm include Arthur Levitt, Clinton's SEC CHairman, Bill Kennard, Clinton's FCC Chairman, and Mack MCLarty, Clinton's press person. George Soros also has been a Carlyle investor. ANd if you go to opensecrets.org and do a search of contributions by employees of the Carlyle group, you find that over half of the 277,000 donated by Carlyle types in recent years went to the Democratic party or Democratic candidates, including Ed Markey, Barack Obama, Max Cleland, Chuck Shumer, Barbara Mikulski, to name just a few.

Again, Carlyle is about making money. Period.
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 02:17 PM
Response to Reply #25
29. The Carlyle Group is the bogeyman because they're war profiteers...
...and if you knew me, you would know that I don't support DLC Hillary or her husband.

Your post only cements my feelings about the Clintons.

The Clintons and the Bushes walk hand in hand.

During the Gulf War Cheney privatized our military, Clinton left it that way.

Clinton enacted the Iraqi Liberation Act of ‘98, laying the foundation for the mess we’re in today.

Clinton advised our democrats in the House and Senate to sign the Iraq War Resolution.

It was Clinton’s Telecommunications Act of 1996 that consolidated the number of major media companies from around 80 to 6. Now our news is force-fed to us from corporate cronies.

And, it was Clinton who gave us NAFTA, which led to outsourcing our jobs overseas, which helped out Hillary’s ex-employer Wal-mart big-time.

The Carlyle Group -like the few other corporations that are buying up all our interests ARE the bogeymen...we have become a communist nation. Our government is now owned by corporations.
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 02:31 PM
Response to Reply #25
30. To my embarrassment, when I read HI Phone...
I was thinking about the Hi-phone (a two-way calling phone), so what went through my mind was Bush’s crony company was buying a Verizon subsidiary of phone lines that can be easily accessed to listen in on.
:tinfoilhat:

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pnorman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 01:54 PM
Response to Original message
28. Last year, I had that theTreo 700p smartphone as the one I wanted.
That meant only Verizon and Sprint as providers. I was glad I picked Sprint then, and am TWICE as glad now!

pnorman
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cosmicdot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-12-07 03:27 PM
Response to Original message
31. wonder what Carlyle has on file here ...
Company Overview

USIS is an information and security services company serving human resources, insurance, government agencies, and National Security markets. Headquartered in Falls Church, Virginia, USIS offers background screening and risk management solutions for the transportation, healthcare, financial, gaming, and retail industries, enabling companies to make informed decisions about people and investments.

Superior intelligence gathered by seasoned professionals is the core competency of USIS. USIS is the largest supplier of background investigations to the federal government and the preeminent source of background and drug screening services to commercial institutions nationwide. In addition, we provide risk management solutions and security and related professional services for institutions, commercial businesses, and the U.S. government. USIS is a leading supplier of program administration experts to federal agencies and U.S. interests worldwide.

USIS continually develops and employs secure yet flexible technology designed to interface with our customers' business systems. This not only assures timely pass-through of information, but also generates greater efficiencies in the decision-making process for maximum customer satisfaction. At USIS, our national and global customer relationships enable our clients to reach their business goals.

Our Mission: To deliver best-in-class people, processes, and technology in partnership with our diverse customer base, creating value for shareholders, employees, and community.
Our Vision: To be the premier provider of knowledge-based security solutions, ensuring a safer future today.

http://www.usis.com/


http://www.usis.com/ourinvestors.htm include:

The Carlyle Group and whoever Welsh, Carson, Anderson & Stowe is


This once was a federal government agency.


Overview

US Investigations Services (USIS) was formerly the Office of Federal Investigations, a US government agency in the Office of Personnel Management, until it was transformed into a private, employee-owned company by President Clinton and Congress.

Today, USIS is the nation's largest investigative and support services companies with offices all over the country and over two million cases completed a year.

At the end of the fiscal year in 2005, USIS posted $750 million in sales. <1><2><3>

USIS still provides many of the same services to the government as they have for decades since their orginal mandate after the Garfield assassination to vet the "background, suitability and loyalty of Federal employees and applicants". They now also provide these services to the private sector. <4>

Other services provided include business intelligence and risk management.

Iraq

In the spring of 2004, USIS was given a $200 million contract by the US military's Civilian Police Assistance Training Team to help train police in counterinsurgency operations. <5>

USIS has been in the news in late 2005 due to the alleged suicide by the oversight officer in charge, Col. Ted Westhusing. Westhusing had initiated an investigation into charges that at least one USIS contractor had taken an offensive role in the November 2004 assault on Fallujah.

~snip~

http://www.sourcewatch.org/index.php?title=US_Investigations_Services

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