The Bush family, the Saudi Royal family, Osama Bin Laden’s family and Donald Rumsfeld’s inner circle – these are just some of the high profile figures who have played a direct role in the rise of one of the most powerful and influential and secretive firms in Washington. The company is called The Carlyle Group. And in the wake of the events of September 11th and the invasion of Iraq, its power and influence have become significantly stronger. The company operates within the so-called iron-triangle of industry, government and the military. Its list of former and current advisers and associates includes a vast array of some of the most powerful men in America and indeed around the world. This program exposes the history of the Carlyle Group, from it’s inception as a private equity firm to it’s precent status as one of the largest defence contractors in the world. Length: 48:04
NOTE: The first one minute forty seven seconds of this program is in broadcast in Dutch, The remainder is in English.
Translation of the first one minute forty seven seconds of this program.
“The war in Iraq does not seem to be over at all, but in the meantime the rebuilding has already started. This has unleashed fierce competition for contracts, which are mainly awarded to American (ed: U.S.) companies.
What is remarkable about these companies, is that they have people on their payroll from American politics and the military. Is this a conflict of interest, or is this the new global way of doing business?
[text in the screen at this time reads: ‘the iron triangle’]
One of the companies that operates in this manner is the Carlyle Group.”
On their payroll are people like : George Bush (Sr.), James Baker III and old premier John Major.
The Carlyle Group is a private investment bank which doesn’t come to the publics attention very often but it is one of the biggest American (ed: USA) investors of the defense industry, telecom, property and financial services.
What is the Carlyle Group? Who are the people behind the name? And how much power does Carlyle have?
This program was broadcast on VPRO Netherlands TV