They're BUYING EVERYTHING: Carlyle in talks to buy Booz Allen Hamilton's government unit

[elehhhhna]

Wednesday, January 16, 2008 - 12:38 PM EST
Carlyle in talks to buy Booz Allen Hamilton's government unit

The Carlyle Group is in discussions to buy the government consulting business of Booz Allen Hamilton Inc., according to a source familiar with the negotiations.

The source spoke on the condition of anonymity because the talks are still ongoing. The price tag for the deal is around $2 billion, according to media reports, though the source could not confirm this amount.

Officials with Washington, D.C.-based Carlyle and McLean, Va.-based Booz Allen Hamilton, a technology consulting firm, declined to comment.

David Rubenstein, a co-founder and managing director of Carlyle Group, told the Washington Business Journal in November that he would like to make more investments in D.C. area businesses.

"There's enormous wealth here," he said at the time. "It's a booming economy."

http://www.bizjournals.com/baltimore/stories/2008/01/14/daily19.html

[truedelphi]

1. Tony Snow said Friday night on The Bill Maher

Show that the economy is in fact in excellent shape. Bill and his other guests were so shocked by that Big Lie that they didn't really respond.

But this must be what SNow is talking about.

For people who own little trifling things like Halliburton, the economy is rather good.

[flashl]

2. As they sell part of themselves to foreign interest

Carlyle in talks to sell %9.9 management stake to Chinese

[elehhhhna]

4. WHat, are they selling the BinLAden Family's old shares?

I am not making this up. It could be so.

[UTUSN]

3. Reminder: RUBENSTEIN was a Jimmy CARTER staffer

Other vipers at CARTER's breast: Tweety and Pat CADDELL, both of whom ceaselessly trash other Dems.

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http://www.informationclearinghouse.info/article3994.htm

.... In a column posted yesterday on Salon.com, Joe Conason writes: "Preferring to avoid public scrutiny for obvious reasons, executives at the Carlyle Group usually say nothing about their firm's connections with the Bush dynasty. But last April 23, Carlyle managing director David Rubenstein spoke quite frankly about the comfy sinecure he provided to George W. Bush more than a decade ago -- and how useless Bush turned out to be. Whether he knew it or not, Rubenstein's remarks to the Los Angeles County Employees Retirement Association were recorded."

Rubenstein said, "We put (Bush) on the board and (he) spent three years. Came to all the meetings. Told a lot of jokes. Not that many clean ones. And after a while I kind of said to him, after about three years - you know, I'm not sure this is really for you. Maybe you should do something else. Because I don't think you're adding that much value to the board. You don't know that much about the company.

Rubenstein continued: "He said, 'Well, I think I'm getting out of this business anyway. And I don't really like it that much. So I'm probably going to resign from the board.' And I said, thanks - didn't think I'd ever see him again. His name is George W. Bush. He became President of the United States. So you know if you said to me, name 25 million people who would maybe be President of the United States, he wouldn't have been in that category. So you never know. Anyway, I haven't been invited to the White House for any things." ....

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