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Spies for Hire:Carlyle Group to Become Owner "One of America’s Largest Private Intelligence Armies"
From May 19, 2008:
http://www.democracynow.org/2008/5/19/spies_for_hire_the_secret_world
Spies for Hire: Carlyle Group to Become Owner of "One of America’s Largest Private Intelligence Armies"
The secretive investment fund the Carlyle Group is in the process of buying part of Booz Allen Hamiliton, the major military and intelligence contractor. We speak with investigative journalist Tim Shorrock, author of the new book Spies for Hire: The Secret World of Intelligence Outsourcing. [includes rush transcript]
Transcript
This is a rush transcript. Copy may not be in its final form.
AMY GOODMAN: The Carlyle Group is one of the world’s largest and most secretive investment funds. Nicknamed the Ex-President’s Club, Carlyle’s employees have included both President Bush, H.W. and George W. Bush, former British Prime Minister John Major, former Secretary of State James Baker, and former Defense Secretary Frank Carlucci. Amidst growing public scrutiny over its dealings, the company has recently scaled back its holdings in military contractors and its links to controversial political figures.
But that appears to be changing. On Friday, the intelligence firm Booz Allen Hamilton said it would sell its government-oriented unit to Carlyle Group for $2.5 billion. Booz Allen has been a major figure in the privatization of government intelligence. Current National Intelligence Director Mike McConnell was Booz Allen’s director of defense programs before his appointment last year. Booz Allen has been deeply involved in some of the Bush administration’s most controversial counterterror programs, including the infamous Total Information Awareness data-mining scheme. The Carlyle-Booz Allen deal awaits shareholder and regulator approval.
Tim Shorrock is the author of Spies for Hire: The Secret World of Intelligence Outsourcing. In a new article for CorpWatch, Shorrock says Carlyle’s purchase of Booz Allen would lead to its “re-[emergence] as the owner of one of America’s largest private intelligence armies.” Tim Shorrock joins us now from Washington, D.C. Welcome to Democracy Now!, Tim.
Transcript
This is a rush transcript. Copy may not be in its final form.
AMY GOODMAN: The Carlyle Group is one of the world’s largest and most secretive investment funds. Nicknamed the Ex-President’s Club, Carlyle’s employees have included both President Bush, H.W. and George W. Bush, former British Prime Minister John Major, former Secretary of State James Baker, and former Defense Secretary Frank Carlucci. Amidst growing public scrutiny over its dealings, the company has recently scaled back its holdings in military contractors and its links to controversial political figures.
But that appears to be changing. On Friday, the intelligence firm Booz Allen Hamilton said it would sell its government-oriented unit to Carlyle Group for $2.5 billion. Booz Allen has been a major figure in the privatization of government intelligence. Current National Intelligence Director Mike McConnell was Booz Allen’s director of defense programs before his appointment last year. Booz Allen has been deeply involved in some of the Bush administration’s most controversial counterterror programs, including the infamous Total Information Awareness data-mining scheme. The Carlyle-Booz Allen deal awaits shareholder and regulator approval.
Tim Shorrock is the author of Spies for Hire: The Secret World of Intelligence Outsourcing. In a new article for CorpWatch, Shorrock says Carlyle’s purchase of Booz Allen would lead to its “re-[emergence] as the owner of one of America’s largest private intelligence armies.” Tim Shorrock joins us now from Washington, D.C. Welcome to Democracy Now!, Tim.
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Never take your eye off the cabal...
