Bush and his Dad have 3 homes between them. No yachts. The old man does have a speedboat but its nothing compared to Kerry's 42 foot $750,000 Scaramouche.
Kerry's money-man George Soros invested $100 million in the Carlyle Group. The Bin Ladin family, however, withdrew their $2 million dollar investment after 9/11/01. Here's some real info about the Carlyle Group:
Carlyle Group
From Wikipedia, the free encyclopedia.
The Carlyle Group is a private investment firm which describes itself as "one of the world's largest global private equity investment firms" with more than "$16 billion of equity capital". They employ more than 500 people in 12 countries.
In 2003, Carlyle managed 21 individual funds in five investment disciplines: buyout, venture, real estate, turnaround, and high yield. The industries the group currently specializes in are: Aerospace & Defense, Automotive, Consumer & Industrial, Energy & Power, Healthcare, Opportunistic Real Estate, Technology & Business Services, Telecom & Media, and Transportation.
The Group's aerospace and defense investments are a source of criticism since the Group is alleged to have connections to the Middle East, and detractors state that defense industries cannot remain profitable unless wars and threats of war continue to occur. However, its investments are focused on Asia, Europe, and North America and defense investments represent only about 7% of the group's portfolio.
Critics of The Carlyle Group also frequently note its political connections. The company is headquartered in Washington, DC. Notable people affiliated with the Carlyle Group include:
* James Baker III, former United States Secretary of State under George H. W. Bush, Staff member under Ronald Reagan and George W. Bush, Carlyle Senior Counselor
* George H. W. Bush, former U.S. President, Carlyle Senior Advisor to the Carlyle Asia Advisory Board,
* Frank C. Carlucci, former United States Secretary of Defense from 1987 to 1989, chairman emeritus and currently strategic business advisor
* Richard Darman, former Director of the U.S. Office of Management and Budget under George H. W. Bush, Senior Advisor and Managing Director of The Carlyle Group
* William Kennard, former chairman of the U.S. Federal Communications Commission, Carlyle's Managing Director in the Telecommunications & Media Group
* Arthur Levitt, chairman of the United States Securities and Exchange Commission (SEC) under President Bill Clinton, Carlyle Senior Advisor
* John Major, former U.K. prime minister, Chairman, Carlyle Europe
* Fidel Ramos, former president of the Philippines, Carlyle Asia Advisor Board Member
George Soros is also a notable client of the Group.
The current chairman of The Carlyle Group is Louis V. Gerstner, Jr., former CEO and chairman of the IBM Corporation.
The Saudi Arabia relatives of Osama bin Laden (not Osama bin Laden himself) were also minor investors in the Carlyle Group until October 2001 when the family sold its $2.02 million investment back to the firm in light of public controversy surrounding the family after the September 11, 2001 Terrorist Attack.
See also: private equity, private military contractor
External references
* The Carlyle Group home pages
* Making a mint inside "the iron triangle" of defense, government, and industry, Dan Briody, Red Herring, January 8, 2002
* Be Afraid. Be Very Afraid: Those Spooky Carlyle Rumors, Jonathan A. Knee, page 26 of June 9, 2003 edition of The New York Observer
* Exposed: The Carlyle Group and VPRO Tegenlicht: Carlyle Group (uses Flash), documentary created by Dutch VPRO TV program Tegenlicht
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