I see a lot of Carlyle-DPW connections... but...

[NewJeffCT]

However, does the company selling control of the ports - that British Company - have any ties to Snow, Carlyle, Sanborn, etc?

I have not seen that yet, but I have not read everything on DU the past few days due to a busy work schedule & my daughter being a little bit sick.

Any direct links to articles would be appreciated.

Thanks

[Avalux]

1. Here you go -

a thread compilation that contains a ton of info - happy reading!

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=364&topic_id=485968&mesg_id=485968

[RazzleDazzle]

2. Does it matter? If so, why?

[NewJeffCT]

7. It matters a bit

If there are other WH players that would benefit from the sale of P&O to DPW, then that would be something to look into.

I'm trying to figure out how the WH could have played a role in this - obviously, they are connected to DPW, so that gives DPW the inside track to get approval over the Chinese group that also wanted to buy...

[muriel_volestrangler]

3. What are the Carlyle DPW connections? (n/t)

[RazzleDazzle]

4. for starters

the connection to it all - Carlyle Group involved in port security deal
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x2471320#2471323
also: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x473813
and: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x474295
Link: http://www.bridgedeck.org/mmp_news_archive/2002/mmp_news021219.html
and: http://www.nsnet.com/archive-1-2005-02.html
and: http://www.informare.it/news/review/2003/b030303.asp

[muriel_volestrangler]

6. Refuted in post #46 of your first link

Your nsnet link is about British submarines - how's that for a non sequitur?

So, any non-refuted links?

[Avalux]

8. muriel -

there have been a lot of theories about the Carlyle group being a component or tied in some way to this port deal. I've noticed that quite often when someone mentions it in a post (including myself), you step and and say Carlyle isn't involved in any way. The Carlyle group is a huge company with so many subsidiaries in different countries it's mind-boggling, CSX aside. How can you be sure they will not benefit from this deal? How do you know? Curious. :hi:

[muriel_volestrangler]

9. My point is that no-one has ever shown any evidence

yet there are constant threads like this that claim the link has been proved. I can't be sure that the Chinese government won't benefit from this deal, I suppose, or Hitachi. Yet Carlyle is the group that DUers are constantly claiming is involved. I think DU is over-obsessed with the Carlyle Group, which can make the claims here look unreliable when there's no evidence to back them up.

[Avalux]

10. It's their history with the Bush family.

That's why so many people think they'd be involved, just like Halliburton. However I'm not sure anyone is stating it as fact, it's just speculation. Since it's obvious a decision like this made by our government is done for the benefit of corporations, it makes sense.

[NewJeffCT]

11. The link I saw had them as a $13.9 billion company

That's peanuts compared to ExxonMobil (nearly $400 billion), Wal-Mart, BP, Citigroup, GM, GE, HSBC, Hitachi, Mitsubishi and about 100 others worldwide.

In fact, I think the list had them as managing $13.9 billion. When you have companies like Citigroup, Fidelity and others that manage $1 trillion or so, Carlyle is not that huge.

[Avalux]

12. That's their unofficial value (equity capital); has portfolio companies

Critics of the Carlyle Group frequently note its connections to various political figures. Some of the sectors and companies it invests in are highly sensitive to political activity, indeed its actions may be viewed as a form of political arbitrage. This may create conflicts of interest when political decision makers have their own personal wealth linked to such investments. Unlike most private equity firms which are predominantly located in New York, Boston or around San Francisco, Carlyle is the only large private equity firm located in Washington, DC. Corporate headquarters are on Pennsylvania Avenue, midway between the White House and the Capitol building.

Critics will often refer to Carlyle as a private defense contractor, but this is not completely accurate. It is a private equity firm that owns controlling or partial interests in a portfolio of companies, some of which are contractors for the military (though this is the area for which it is most well known). For example, it lobbied for the XM2001 Crusader artillery project, because one of its portfolio companies would be able to share in the contract. Likewise, it has a history of leveraged buyouts in the aerospace and defense industries.

In the book House of Bush, House of Saud, author Craig Unger states that Saudi Arabian interests have given 1.4 billion Dollars to firms connected to the Bush family. That figure was quoted by Michael Moore in his film Fahrenheit 9/11. Nearly 90% of the 1.4 billion, about 1.18 billion, refers to Saudi Arabian government contracts awarded to defense contractor BDM in the early to mid 1990s. At that time BDM was owned by the Carlyle Group.
http://en.wikipedia.org/wiki/Carlyle_Group

[RazzleDazzle]

14. It's pretty big when you remember they're a PRIVATE GLOBAL

EQUITY firm.

PRIVATE equity. No pesky rules and regulations that corporations must follow; no public accountability.

[sandnsea]

5. Old old, HUGE company

It would take alot of digging to figure out the ins and outs of this company. It dates back to 1830 and is just HUGE.

http://portal.pohub.com/portal/page?_pageid=71,212168&_dad=pogprtl&_schema=POGPRTL

[blogslut]

13. The company buying P & O

has ties to John Snow. Dubai Ports World is a mix of Dubai Ports Authority and DPI Terminals. Dubai Ports World wants to buy the British port company P & 0.

In 2004, Dubai Ports World purchased another shpping company named CSX World Terminals. CSX World Terminals is a division of CSX Corporation. Up until he became US Treasury Secretary, John Snow was CEO of CSX Corporation...

read more here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=364&topic_id=489192