[Mb-civic] Investing in War: How Carlyle Group profits and other firms follow

Harold Sifton harry.sifton at sympatico.ca
Fri Nov 19 09:31:36 PST 2004




> Investing in War
> The Carlyle Group profits from government and conflict
> 
> WASHINGTON, November 18, 2004 - The Carlyle Group, a Washington,
> D.C.-based private equity firm that employs dozens of former
> high-ranking government officials with ties to both political parties,
> was the ninth largest Pentagon contractor between 1998 and 2003, an
> ongoing Center for Public Integrity investigation into Department of
> Defense contracts found. 
> 
> A dozen companies in which Carlyle had a controlling interest netted
> more than $9.3 billion in contracts.
> 
> To read the full report log on to http://www.publicintegrity.org.
> 
> AND
> 
> The Sincerest Form of Flattery
> Private equity firms follow in Carlyle Group's footsteps
> 
> WASHINGTON, November 18, 2004 - Following the extraordinary success of
> the Washington-based Carlyle Group, which has built a private equity
> empire that's earned billions for its investors, a number of firms have
> lined up rosters of former government officials and high ranking
> military officers as they pursue companies that are in the national
> security business.
> 
> To read the full report go to http://www.publicintegrity.org
> 
> Nathan Kommers
> Center for Public Integrity
> 910 17th Street NW, 7th FL
> Washington, DC 20006
> ph: 202-481-1221
> 




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