Read e-book online The Iron Triangle - Inside the Secret World of the Carlyle PDF

By Dan Briody

A penetrating examine the corporate on the nexus of massive company, executive, and safeguard

The Carlyle crew is among the greatest deepest fairness agencies on the earth with over $13 billion in cash. Carlyle's investments contain every thing from safeguard contractors to telecommunications and aerospace businesses. yet there's extra to this corporation than meets the attention. Carlyle's executives comprise heavyweights from the worlds of industrial and politics, akin to former secretary of protection and CIA deputy director Frank Carlucci, former secretary of kingdom James Baker III, former President George Bush, former united kingdom top Minister John significant, and previous chairman of the SEC Arthur Levitt. Osama Bin Laden's estranged kinfolk was once in my view invested within the workforce until eventually lately. within the Iron Triangle, journalist Dan Briody examines an organization on the nexus of huge enterprise, govt, and safety that, in accordance with a few resources, epitomizes company cronyism, conflicts of curiosity, and battle profiteering. This interesting exam leads readers right into a w orld that few can imagine-full of clandestine conferences, quid professional quo offers, sour ironies, and pettyjealousies. And the forged of characters comprises the most robust males on the earth. Strap in, simply because this experience may possibly get a bit bumpy.

Dan Briody (New York, new york) is an award-winning company journalist whose purple Herring article "Carlyle's manner" broke the tale at the internal workings of the Carlyle team. Briody has seemed on a number of radio and tv courses masking the Carlyle workforce and has turn into a major resource for different reporters protecting this tale. Briody's articles have seemed in Forbes, pink Herring, and the Standard.

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Extra resources for The Iron Triangle - Inside the Secret World of the Carlyle Group

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Several years of covert investigation proved those suspicions true. It was a crushing blow to the credibility of the Pentagon and the secretary of defense at the time, Frank Carlucci. Arrests, arraignments, and convictions rained down weekly on the Pentagon, armed forces officials, and the defense contractors with whom they all did business. The most prominent official convicted in the seven-year investigation was none other than Melvyn Paisley, who pleaded guilty to conspiracy to defraud the government, bribery, and theft of government property.

At the tender age of 27, he became the deputy domestic policy assistant to President Jimmy Carter. He was the first person in the office in the morning, and the last to leave. One of the most widely circulated stories about Rubenstein is that he survived solely on vending machine fare during his time at the White House, a claim he does not refute. He strongly believed in the nobility of being a public servant. He was young, idealistic, and most of all, innocent. In the spring of 1980, Rubenstein filed a memo to the president late one night.

It was Carlucci that really got the ball rolling, despite his checkered past. Depending on your political leanings, Carlucci's early curriculum vitae read either like a resume for president of the United States or a checklist of foreign policy snafus. S. State Department in the explosive Congo to his clean up of the Iran-Contra affair, Carlucci has been everywhere, seen everything, and knows everyone. He has been called "Mr. Clean" for his ability to mop up politically damaging situations, and "Carlucci the Cutter," for his relentless budget trimming.

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The Iron Triangle - Inside the Secret World of the Carlyle Group by Dan Briody


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