Month: March 2008

The Carlyle Group is a name at the top of that list (right Liz Allen?)

Connections between the Carlyle and the Bush family have inspired controversy, particularly in relation to the War on Terror and the Iraq War. George H. W. Bush and his Secretary of State James A. Baker III have at times been advisors to the group. One writer claimed that Saudi Arabian interests have given $1.4 billion to firms connected to the Bush family. Of this figure, $1.18 billion comes from contracts awarded to defense contractor Braddock, Dunn & McDonald, which Carlyle sold before George H. W. Bush became an advisor.[16] A Carlyle spokesman noted in 2003 that its 7 percent interest in defense industries was far less than several other venture capital groups.[17]

So when I see this: 

Executives of the District-based Carlyle Group are holding crisis talks in New York today over the fate of their Carlyle Capital Corp. affiliate, as pressure mounts from creditors over the company’s investments in U.S. mortgages.

My radar starts pinging. Carlyle Group you ask?

Let’s list some members: