Re: Micheal Moors movie? seen it
The Carlyle Group is reportedly one of the world's largest private equity firms, with more than $16 billion under management. It invests in government-regulated industries like telecommunications, health care, and defense. As of 2003, with all its holdings, Carlyle was the equivalent of the 11th largest defense contractor in the nation. The Bush and bin Laden families were both connected to the Carlyle Group, beginning in the mid-1990s. The investment group is known to handle a significant amount of Saudi wealth. As Michael Moore said in the film, "September 11 guaranteed that United Defense (owned by Carlyle) was going to have a very good year."
How do you feel about the fact that multinational conglomerates like the Carlyle Group make money off of the U.S. going to war? Is it a serious conflict of interest to be dealt with or simply inevitable in a capitalist society?
The Carlyle Group is reportedly one of the world's largest private equity firms, with more than $16 billion under management. It invests in government-regulated industries like telecommunications, health care, and defense. As of 2003, with all its holdings, Carlyle was the equivalent of the 11th largest defense contractor in the nation. The Bush and bin Laden families were both connected to the Carlyle Group, beginning in the mid-1990s. The investment group is known to handle a significant amount of Saudi wealth. As Michael Moore said in the film, "September 11 guaranteed that United Defense (owned by Carlyle) was going to have a very good year."
How do you feel about the fact that multinational conglomerates like the Carlyle Group make money off of the U.S. going to war? Is it a serious conflict of interest to be dealt with or simply inevitable in a capitalist society?
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