AND CARLYLE is owned by the bin ladens!
HMMMMMMMMMM FUNNY LOU DOBBS HAS BEEN SILENT ABOUT THIS EH?????????
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http://www.correntewire.com/bush_family_dubai_ports_world_and_the_carlyle_group_more_incest_than_a_village_in_appalachiaDubai is, of course, a major investor in the Carlyle Group.
CHRISTINE ROMANS, CNN CORRESPONDENT (voice over):
The oil-rich United Arab Emirates is a major investor in The Carlyle Group, the private equity investment firm where President Bush’s father once served as senior adviser and is a who’s who of former high-level government officials. Just last year, Dubai International Capital, a government-backed buyout firm, invested in an $8 billion Carlyle fund. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
http://archive.gulfnews.com/articles/06/08/29/10063336.htmlPublished: 08/29/2006 12:00 AM (UAE)
DP World to draw up shortlist for US ports sale this week
By Robert Wright, Financial Times
Among the strongest contenders for inclusion in the second round of bidding are understood to be the infrastructure fund of Morgan Stanley, the investment bank; Carlyle Group, the private equity group; and Carrix, parent of SSA Marine, a Seattle-based container terminal operator. The shortlist marks the start of the most intense phase of the sale process for the five container terminal operations and other US cargo and passenger-handling businesses. DP World acquired the businesses as part of its takeover this year of the P&O, the UK container terminal.
In March DP World was forced to announce that it was selling the US operations after a political outcry over the prospect of an Arab state-owned company controlling US port terminals.
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UNAWARE OF THE CARLYLE GROUPS FOUNDERS AND BOARD.. http://www.hereinreality.com/carlyle.html Carlyle's Way Red Herring Business Magazine
Dan Briody, author of The Iron Triangle Wednesday January 8, 2002
Like everyone else in the United States, the group stood transfixed as the events of September 11 unfolded. Present were former secretary of defense Frank Carlucci, former secretary of state James Baker III, and representatives of the bin Laden family. This was not some underground presidential bunker or Central Intelligence Agency interrogation room. It was the Ritz-Carlton in Washington, D.C., the plush setting for the annual investor conference of one of the most powerful, well-connected, and secretive companies in the world: the Carlyle Group. And since September 11, this little-known company has become unexpectedly important...
And as the Carlyle investors watched the World Trade towers go down, the group's prospects went up. In running what its own marketing literature spookily calls "a vast, interlocking, global network of businesses and investment professionals" that operates within the so-called iron triangle of industry, government, and the military, the Carlyle Group leaves itself open to any number of conflicts of interest and stunning ironies. For example, it is hard to ignore the fact that Osama bin Laden's family members, who renounced their son ten years ago, stood to gain financially from the war being waged against him until late October, when public criticism of the relationship forced them to liquidate their holdings in the firm. Or consider that U.S. president George W. Bush is in a position to make budgetary decisions that could pad his father's bank account. But for the Carlyle Group, walking that narrow line is the art of doing business at the murky intersection of Washington politics, national security, and private capital; mastering it has enabled the group to amass $12 billion in funds under management.
More...
http://www.judicialwatch.org/1685.shtml Apr 1, 2002 Contact: Press Office
202-646-5188
MIDEAST TERROR WAR ADDS URGENCY TO CARLYLE GROUP CONTROVERSY
Former President Bush Works for International Investment Firm With Ties To Saudi Arabia
Company Had Bin Laden Family Connections
(Washington, DC) Judicial Watch, the public interest law firm that investigates and prosecutes government corruption, today pointed out that the recent spate of terror attacks on Israel has lent new urgency to the need for former President Bush to resign from the Carlyle Group, an international investment firm with close ties to the government of Saudi Arabia.
The former president, the father of President Bush, worked for the bin Laden family business in Saudi Arabia through the Carlyle Group, meeting with them at least twice. The terrorist leader Osama bin Laden had supposedly been “disowned” by his family, which runs a multi-billion dollar business in Saudi Arabia and was a major investor in the senior Bush’s firm. Other reports have stated his Saudi family have not truly cut off Osama bin Laden.
In the wake of Judicial Watch and other criticism of its ties to the bin Laden family business, the Carlyle Group reportedly no longer does business with the bin Laden conglomerate. Yet the Group, among other conflicts of interest, reportedly has a major business relationship with the Saudi Arabian government, which many have criticized for its lack of cooperation in America’s war on terrorism and its financial and other support for terrorist attacks on Israel and U.S. interests.
“It stands to reason, as noted in the David Sanger piece in The New York Times today, that President Bush consults with his father on issues of the day. In a normal situation, this would be appropriate, but with President Bush’s father being effectively an agent of the Saudi Arabian government, it raises, in the least, a conflict of interest problem. Questions can be raised, for instance, if the ‘kid gloves’ treatment of Saudi Arabia by the Bush Administration has anything to do with his father’s financial ties to the Saudi regime. Former President Bush would be doing his son and his country a favor by immediately resigning from the Carlyle Group,” stated Judicial Watch Chairman and General Counsel Larry Klayman.
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