the connection to it all - Carlyle Group involved in port security deal

[NVMojo]

MM&P-CONTRACTED CSX LINES PURCHASED BY THE CARLYLE GROUP
MM&P-contracted CSX Lines, the US-flag container shipping subsidiary of CSX Inc., will be sold to the Carlyle Group, a private equity firm based in Washington, DC for $300M. The acquisition will give Carlyle control over the nation's largest Jones Act container fleet and will add to the company's growing transportation portfolio.

CSX Lines will be renamed Horizon Lines LLC, when the transaction is completed early next year pending regulatory approval. CSX Lines is the nation's largest ocean transport company, with 17 US-flag vessels and 22,000 containers, providing ocean transportation and logistics services to and from the US, Alaska, Hawaii, Guam, and Puerto Rico.

Carlyle's other maritime holdings include Seabulk International, formerly Hvide Marine, which owns and operates 10 Jones Act tankers in the Gulf of Mexico. Through United Defense Industries, Carlyle controls United States Marine Repair, the nation's largest non-nuclear ship repair and conversion company.

Carlyle Group is a politically-connected global private equity firm with reportedly more than $13.9 billion under management. The company's directors and advisors include former President George H.W. Bush, former British Prime Minister John Major, and former Secretary of State James Baker. IBM Chairman Louis Gerstner is slated to become chairman of Carlyle on January 7, replacing former Secretary of Defense Frank Carlucci.

John Snow, the CEO of CSX, was appointed Treasury Secretary by the younger President Bush last week. The current CSX Lines President and Chief Executive Charles Raymond and his management team will remain in place. Raymond will also serve as chairman of the board.

more...

http://www.bridgedeck.org/mmp_news_archive/2002/mmp_news021219.html

and here's a weird twist:

Giant submarine company discussed: Carlyle Group, a US private equity group, is considering a bid for DML, which owns the Devonport Royal Dockyard that refits Britain's fleet of nuclear submarines. Carlyle is interested in DML as a way of levering itself into the Ministry of Defence's plans to create a single British submarine company — dubbed Subco — by merging the commercial dockyards. Subco would control the submarine assets of DML, BAE Systems' yard in Barrow-in-Furness, Babcock International's facilities at the Faslane naval base in Scotland, and Rolls-Royce, which makes the nuclear power plants for submarines. Not all companies involved are happy with the plan. To buy DML, Carlyle would have to seek agreement from the company's largest shareholder, Kellogg Brown & Root, a subsidiary of the controversial US energy and construction company Halliburton. See "Carlyle mulls £450m swoop on Devonport submarine base," Clayton Hirst, The Independent, 2/27/05.

http://www.nsnet.com/archive-1-2005-02.html

and here:

CSX and the Carlyle complete conveyance of CSX lines
CSX Corporation and The Carlyle Group, a global private equity firm, announced today that they have completed the conveyance of CSX Lines, LLC, from CSX to a venture formed with The Carlyle Group.

http://www.informare.it/news/review/2003/b030303.asp

I'm feeling more secure ...are you? :sarcasm:

[Avalux]

1. Excellent work!

I suggest you send this info to media, senators - everyone you can think of. If I had the time I'd try to piece it all together. It's quite a tangled web, isn't it??

[NVMojo]

2. yep, it is and it is much thicker then we thought!

[Jane Austin]

10. The first story appears to be from 2002.

It's probably been a done deal for years.

[Avalux]

11. Dubai Ports World bought at least part of CSX in 2004 -

They are still connected somehow. I just read on Kos that CSX owns Greenbriar - the secret bunker in WVa. :wtf:

http://cskendrick.dailykos.com/tag/Dubai%20Ports%20World

[NVMojo]

20. it's sickening how tangled the enmeshment is ...

[Snivi Yllom]

48. unrelated

lemme take you through it

CSX Corp sold a majority stake of CSX Lines to Carlyle in 2003

Carlyle repackages CSX Lines as Horizon Lines and sells in 2004 to Castle Harlan

at this point Carlyle is out of CSX

DP World buys CSX World Terminals in 2005 from CSX Corp. CSX has no shed itself of all port/container buisnesses to focus on rail and domestic shipping.

DP World in 2005 aquires P&O which is what the current news is about.

[FreedomAngel82]

26. Oh of course!

Why else do you think they selected W? He's on the board of directors with his father. Why else do you think they got Poppy Bush with Reagan when they hated each other?

[no_hypocrisy]

3. More effin' nepotism: deal to Dad and his friends.

[Missy M]

4. What amazes me is the American people keep voting this....

group into power one way or the other. Somehow this all seems so criminal. They are trying to control the world, there is no doubt in my mind.

[okieinpain]

6. no shit, why isn't this shit illegal. dad buys your company, I appoint

you to a government position, and we then turn around and give control of the ports to my good buddies the UAE. They will be able move when and how they want. Don't want to play ball with us, your shit won't move an inch till we give the word.

I can see it now "you're going to the media, well lets just see you explain why you're involved with terrorist".. those containers are being checked for illegal aluminum tubes to iran....

[FreedomAngel82]

27. No they don't

They steal.

[populistdriven]

5. This is a nightmare! Bush profits by selling our ports to the terrorists!

nominated - excellent work!!

[spindrifter]

7. Well, you can lock yourself

right into that security blanket, because, the CSX deal is old--but the Qinetiq one is not. Check out one of Carlyle's most recent purchases--http://www.qinetiq.com/ They loop right back into massive DoD contracts, for one thing.

[NVMojo]

9. I was being sarcastic!

[spindrifter]

15. I know--I was

simply adding to the sarcasm...but Carlyle is way beyond sarcasm at this point.

[NVMojo]

17. you are right!

[Champion Jack]

8. K and R

[yellowdogmi]

12. new meme

Carlyle Group=Manchurian Global.

[jn2375]

13. Carlyle Group also had the Bin Ladens as members

remember Fahrenheit 9/11

[yellowdogmi]

16. I remember thanks. eom

[jn2375]

14. this should be recommended to the front page

[spindrifter]

18. Do we know how long DP World's

contract is for? Is it the same for each port?

[The Backlash Cometh]

19. I think this is going to end when we haul in the Carlyle members in for

treason.

[cantstandbush]

21. You would think that the Dems in Congress could do this research

and then come up with a way to get it out to the public and cause some reactions.

[autorank]

22. Mlle Mojo, Mon Favorite! Recommended....We knew, didn't we;)

and of course we at DU were five days in front of this story. What else is new.

[NVMojo]

24. Ah, yes Monsieur Autorank, one of my DU favs! You posted it first!

These people are such idiots in the White House. To think they'd get away with this and no one would notice!!!

[autorank]

29. Just saw Anderson Cooper, CNN, reporting on this.

They laid it out, had their expert come on and say it was a real bad idea, and spend about five minutes on the story. Not 1/2 bad.

I think that if you took 100 Americans on any street where there were a hungered and said:

"How do you feel about giving port security to a nation where 911 terrorists were trained; that served as bin Ladin's banker; and which failed to cooperate with the hunt for bin Landin's crew through the use of bank records?"

Can't imagine what they'd say;)

Great thread, as usual!

[NVMojo]

30. We've got to keep getting the word out, Autorank. In my town

I can barely find more than 5 people who know about this. But I'm trying to change that.

[autorank]

37. It;s hitting the airwaves big time today. Told 'em do it or Mojo will call

:evilgrin:

[NVMojo]

40. right on!!! suddenly everyone knows about this scandal!!! wooo-hooo!

[Patsy Stone]

23. The Carlyle Group is the world's most evil corporation

Our own version of SPECTRE.

Bin Ladens and the Carlyle Group at the Ritz-Carlton (in conference) on 9/11. James Baker defending the Saudis against the 9/11 families. Carlucci and others making millions off defense contracts.

Here's a bit more about them:

http://www.redherring.com/Article.aspx?a=6793&hed=Carlyle's+Way
http://www.hereinreality.com/carlyle.html

Last, I'm sure it will be quite easy for Carlyle to get the okay from KB&R. Call me a cockeyed optimist.

If I could recommend this more than once, I would.

Thanks!

[FreedomAngel82]

25. Why am I not surprised?

[PhilipShore]

28. Carlyle Group - SourceWatch

Carlyle Group - SourceWatch

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

According to the company web site, The Carlyle Group, headquartered in Washington D.C., was established in 1987 as a "private global investment firm that originates, structures and acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings."<1>

Carlyle states that its "mission is to become the premier global private equity firm and to generate extraordinary returns while maintaining our good name and the good name of our partners. Toward that end, we have established a family of funds in the Carlyle name and a network of offices around the world. We maintain the highest standards of ethical conduct and employ a conservative, proven and disciplined approach to investing."<2>

The collection of influential characters who now work, have worked, or have invested in the group would make the most convinced conspiracy theorists incredulous. They include among others, John Major, former British Prime Minister; Fidel Ramos, former Philippines President; Park Tae Joon, former South Korean Prime Minister; Saudi Prince Al-Walid; Colin Powell, former Secretary of State; James Baker III, former Secretary of State; Caspar Weinberger, former Defense Secretary; Richard Darman, former White House Budget Director; the billionaire George Soros, and even some bin Laden family members. You can add Alice Albright, daughter of Madeleine Albright, former Secretary of State; Arthur Lewitt, former SEC head; William Kennard, former head of the FCC, to this list. Finally, add in the Europeans: Karl Otto Poehl, former Bundesbank president; the now-deceased Henri Martre, who was president of Aerospatiale; and Etienne Davignon, former president of the Belgian Generale Holding Company.

Carlyle began the new century by launching Carlyle Asset Management Group, selling its stake in Le Figaro to Socpresse, acquiring Rexnord and a majority stake in CSX Lines. Extending its reach, the company partnered with GMT Communications Partners and acquired Casema in 2003.

[Nothing Without Hope]

31. One of the horrors is that the Bushies don't even bother to conceal

their crimes and traitorous profiteering any more.

K & R

[ronnie624]

51. They don't have to hide their crimes.

The so called "main stream media" will do it for them with the distractions of "reality shows", "crime dramas", and sensationalist "news".

Since the corporatists who own the media and the people who are now establishing the policies and legislation in our government are all part of the corporate political power nexus of our country, this should be a given to those of us who keep ourselves informed.

Please do not take my comment as a personal affront, as I have read many of your posts and know with a certainty that you are well informed. I was merely making an observation.

[Nothing Without Hope]

32. Related thread in GD includes the CSX/Carlyle deal - LINK

and be sure to look at the comments and links in the replies:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x473813
thread title (2-20-06 GD): Carlyly Group's involvement in port security company
Comment/excerpt: Same main article as the GD-P thread about sale of CSX lines to Carlyle, appointment of former CSX CEO as Sec of Treasury. Reply 24: DUBAI PORT WORLD – THE ONES BUYING THE AMERICAN PORTS – OWN CSX!!! CSX also owns biggest rail in the east, plus trucking.(Reply #30) But Reply #34 says DPW bought the terminal business from CSX for cash and does NOT own CSX, only a business CSX once owned.
Much needs to be clarified, but there are lots of dots there to connect, and it all comes back to sellout by the Bushies for money and to please their MidEast patrons.

[Nothing Without Hope]

33. Deal would give Dubai control of FORTY PERCENT OF US ARMY CARGO:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x476901
thread title (2-20-06 GD): UAE ports would get advanced warning on military shipments:
Comment/excerpt: FORTY PERCENT OF US ARMY CARGO WOULD BE CONTROLLED BY DUBAI-OWNED US PORTS!!! Excerpt from ThinkProgress article: “The company, Dubai Ports World, would also control the movement of military equipment on behalf of the U.S. Army through two other ports. From today’s edition of the British paper Lloyd’s List: has just renewed a contract with the United States Surface Deployment and Distribution Command to provide stevedoring of military equipment at the Texan ports of Beaumont and Corpus Christi through 2010. According to the journal Army Logistician ‘Almost 40 percent of the Army cargo deployed in support of Operation Iraqi Freedom flows through these two ports.’ “

[Nothing Without Hope]

35. error in my comment in the preceding post - the 40% of army cargo

would not go through the ports operated by the UAE, but there is a STEVEDORING CONTRACT for two other US ports that handle this US army cargo. Still a security risk. The quote I gave in that thread excerpt is correct, it as my own comment (not in quotes) that was wrong.

[diamondsndust]

34. These stinkin' rethugs got their hands in everything.....

grabbing for supreme power... is it time for the Cornbread Mafia to take control??

We need to just shut down the government, throw everyone out, and start over! I'm talking about a new monetary system and everything. Cut off the head (the corruption money) and the beast will eventually die.

Everyone gets to keep what they own right now free and clear, then, since all men are created equal, make them equal by issuing a standard amount to all citizens ($50,000 for singles, $100,000 for families?) and then you are on your own to make it. No government interference or bailouts. Then we see how things get done when everyone truly is equal!

I know.... too radical... but I can dream, can't I??

[Burried News]

36. Why am I thinking SPECTRE here?

http://demopedia.democraticunderground.com/index.php/Sightings_from_The_Catbird_Seat
""Mr. Bond, power is sovereignty. Clausewitz's first principle was to have a secure base. From there proceeds freedom of action. Together, that is sovereignty. I have secured these things and much besides. . . . These things can only be secured in privacy. You talk of kings and presidents. How much power do they possess? As much as their people will allow them . . . And how do I possess that power, that sovereignty? Through privacy. Through the fact that nobody knows. Through the fact that I have to account to no one."

- Ian Fleming, Dr. No "

[AntiFascist]

38. More poignant than anyone realizes....

with anonymous trade, we literally won't know what, or who, hit us.

[Patsy Stone]

39. Maybe because you read my post? :)

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=2471320&mesg_id=2472366

So true...

[Disturbed]

41. Dubai Ports World

Dubai Ports World

Khaleej Times Online
Dubai Ports World set to manage new Busan port in South Korea BY A STAFF REPORTER 20 January 2006. DUBAI ? The President of the republic of Korea, ...
www.khaleejtimes.com/DisplayArticle.asp?xfile=data..

Seems that this Corp. is seeking to control World Wide ports.

[NVMojo]

42. gawd, it's all about the PNAC and corporations ...

[Jeffersons Ghost]

43. great post!

you go mojo! :kick:

[NVMojo]

44. you too, Jeffersons Ghost! may all the truth come out!!

[Independent_Liberal]

45. Carlylegate is back!

Add this to Enron, Halliburton-KBR, and WorldCom. Another for the impeachment tally. Thanks!

[Snivi Yllom]

46. I don't see the connection to the current DP World P&O deal

They may have been buying similar buisnesses, but Carlyle bought a different divsions of CSX, CSX Lines which has now become Horizon Lines, a US company. Carlyle even sold Horizon lines (the ex-CSX Lines) before DP World bought CSX WT.

DP World bought CSX World Terminals from CSX. CSX WT was unrelated to CSX Lines.

http://www.thecarlylegroup.com/eng/news/l5-news706.html

December 06, 2002
#2002-26
The Carlyle Group Acquires Majority Stake in CSX Lines for $300 Million

Washington, DC - Global private equity firm The Carlyle Group today announced that it has agreed to acquire a majority stake in CSX Lines, LLC from the CSX Corp. (NYSE: CSX) in a transaction valued at $300 million. Current CSX Lines President and CEO Charles G. (Chuck) Raymond and his management team will remain in place and the new entity will be called Horizon Lines, LLC. Mr. Raymond will also serve as Chairman of the company's board.

CSX Lines, with 17 U.S. flag vessels and 22,000 containers, is the nation's largest ocean transport company, providing ocean transportation and logistics services to and from the continental United States, Alaska, Hawaii, Guam, and Puerto Rico.




http://www.thecarlylegroup.com/eng/news/l5-news2793.html

May 24, 2004
#2004-28
The Carlyle Group Announces Sale of Horizon Lines to Castle Harlan

Washington, DC – Global private equity firm The Carlyle Group today announced that it has entered into a definitive agreement to sell Horizon Lines, the nation’s leading Jones Act container shipping company, to private equity firm Castle Harlan for a purchase price of $650 million. Carlyle acquired Horizon Lines, formerly known as CSX Lines, from CSX Corp. in a recapitalization transaction, which was completed in February 2003.

http://www.dpiterminals.com/fullnews.asp?NewsID=4

Dubai Ports International to Acquire CSX Corporation’s International Terminal Business

Dubai, Hong Kong, Jacksonville, FL, 9 December 2004 - Dubai Ports International (“DPI”), one of the world’s leading port operators, announces that it has signed a definitive agreement with CSX Corporation (NYSE: CSX) to acquire the international terminal business conducted by CSX World Terminals (“the Company”) and other related interests for a cash consideration of US$1.15 billion, subject to customary adjustments.

[NewJeffCT]

49. Still has the connection to Snow, however

But, I think you are correct.

Can anybody disprove this?

[Snivi Yllom]

50. Snow yes, Carlyle no

nt

[kentuck]

47. I googled "this" and found nothing...

"Peninsular and Oriental Steam Navigation Co"

[ldf]

52. hmmmm. wonder if....

i wonder if there could be an agreement for UAE to continue to service our debt (keeping us afloat) in return for the agreement for this business deal?

just curious. SOMEONE has to continue to float us, or we will sink.

just a thought.