Dewey Decimal332.6
Table Of ContentForeword.Time Line.Cast of Characters.Prologue-Meet the Carlyle Group.1. The Politician, the Businessman, and the Unlucky Eskimos.2. Craterair.3. Mr. Clean4. Carluccia's Connections.5. Getting Defensive.6. An Arabian White Knight.7. Vinnella's Executive Mercenaries.8. Out of the Shadows.9. Breaking the Bank.10. Buying Bush.11. Family Business.12. Big Guns.13. 9/11/01.Epilogue.Afterword.Appendix A. Company Capsules.Appendix B. Carlyle Correspondences.Acknowledgments.Notes.Bibliography.Index.
SynopsisThe Iron Triangle is the story of the Carlyle Group, a company at the nexus of big business, government, and defense that epitomises corporate cronyism. It is a company rife with perceived conflicts of interest as politics and business converge. At best, the firm is guilty of appearing unethical, at worst, nefarious., A penetrating look at the company at the nexus of big business, government, and defense The Carlyle Group is one of the largest private equity firms in the world with over $13 billion in funds. Carlyle's investments include everything from defense contractors to telecommunications and aerospace companies. But there is more to this company than meets the eye. Carlyle's executives include heavyweights from the worlds of business and politics, such as former secretary of defense and CIA deputy director Frank Carlucci, former secretary of state James Baker III, former President George Bush, former UK Prime Minister John Major, and former chairman of the SEC Arthur Levitt. Osama Bin Laden's estranged family was personally invested in the group until recently. In The Iron Triangle, journalist Dan Briody examines a company at the nexus of big business, government, and defense that, according to some sources, epitomizes corporate cronyism, conflicts of interest, and war profiteering. This fascinating examination leads readers into a w orld that few can imagine-full of clandestine meetings, quid pro quo deals, bitter ironies, and pettyjealousies. And the cast of characters includes some of the most powerful men in the world. Strap in, because this ride could get a little bumpy. Dan Briody (New York, NY) is an award-winning business journalist whose Red Herring article "Carlyle's Way" broke the story on the inner workings of the Carlyle Group. Briody has appeared on numerous radio and television programs covering the Carlyle Group and has become a primary source for other journalists covering this story. Briody's articles have appeared in Forbes, Red Herring, and the Industry Standard., "The Carlyle Group is a distressing example of the way Washington, DC works. The Iron Triangle gives you an insiders' perspective on this 'creature' of the Beltway." -Thomas Fitton, President, Judicial Watch, Inc. from The Iron Triangle: Dwight D. Eisenhower, upon leaving the office of president in 1961, warned future generations against the dangers of a "military-industrial complex," and the "grave implications" of the "conjunction of an immense military establishment and a large arms industry." The wisdom of these comments has clearly been lost in the forty years since Ike left office. And the first step towards turning things around is understanding how we got here. No single company can illustrate that progression better than the Carlyle Group, a business founded on a tax scheme in 1987 that has grown up to be what its own marketing literature once called "a vast interlocking global network." The company does business at the confluence of the war on terrorism and corporate responsibility. It is a world that few of us can even imagine, full of clandestine meetings, quid pro quo deals, bitter ironies, and petty jealousies. And the cast of characters includes some of the most famous and powerful men in the world. This is today's America. This is the Carlyle Group.
LC Classification NumberJK467.B75 2003