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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (423808)	7/7/2003 1:11:59 PM
From: JakeStraw	Respond to of 769670

Glenn, American Schoolgirl has no grasp on reality...

To: Glenn Petersen who wrote (423808)	7/7/2003 1:15:30 PM
From: American Spirit	Respond to of 769670

Where were some of Bin Lauden's family on 9-11? JUAN GONZALEZ: Could you talk a little bit about how the Carlyle group was related to the Bin Laden family and was involved in the – and was involved in relationships with the Bin Laden family. DAN BRIODY: The Carlyle group has had a relationship with the Bin Laden family since the mid 1990's. They have extensive business interests in Saudi Arabia. They used to own the company called Vinell which was recently bombed in Riyadh, and was also operating as a C.I.A. cover up operation-- AMY GOODMAN: --and has just been given the contract to--here it goes from training basically the private militia of a despotic regime in Saudi Arabia for the last 25 years--now got the contract to train the Iraqi military. DAN BRIODY: That's right. This is a very controversial company. Carlyle no longer owns them. They sold them to T.R.W. a ways back and I believe T.R.W. is part of the Northrop Grumman now, but they did own them back in 1995 when there was another car bomb attack on the same company in Riyadh. So they had an extensive presence in Saudi Arabia and they wanted to increase that presence. And one of the families that they met through the royal family was the Bin laden family, which of course owns a very large construction concern in Saudi Arabia called the Saudi Bin Laden group, a $5 billion company. And that relationship proved to be very fruitful for Carlyle as the Bin Ladens became investors in some of Carlyle's funds. And one of the most significant funds that they invested in was a fund called Carlyle Partners II which is a very large defense oriented fund that the Bin Laden family was invested in, and up until just after September 11th when it became appallingly clear to everyone that the Bin Laden family, because they were invested in this defense fund, stood to gain financially from the war on terrorism which was being waged against their own brother, Osama, so at that point the criticism in the press on Carlyle became too great and they divested themselves from the Bin Laden family. AMY GOODMAN: And they were together on September 10, September 11. DAN BRIODY: That's right. The Carlyle group annual investor conference was taking place in Washington D.C. at the Ritz Carlton on the morning of September 11th, so you had all of these incredibly connected, powerful and wealthy ex-politicians, like James Baker III, like George H.W. Bush, like Frank Carluchi and the like, all together with Shafik Bin Laden looking after his family's investment in the Carlyle group, watching the events of September 11th unfold together. Quite a scene.