There’s more to the ties between the Obama White House and the Carlye Group.
From a web site called the State of Division:
Though not having an official title on the Obama-Biden transition team, former FCC chairman William Kennard — a Clinton appointee who succeeded Hundt as agency chief — is likely to have an influential voice on telecom and high tech matters during the transition and afterward when the Obama administration takes power early next year. Kennard, a managing director of The Carlyle Group’s global telecommunications and media unit, was a $500,000 bundler for Obama.
High dollar bundlers raised over $40 million for Barack Obama according to Open Secrets. Look at how these two gentlemen were listed:
$50,000-$100,000 Johnson, Mark Washington, DC Carlyle
$500,000 Kennard, Bill Washington, DC Attorney
One might conclude Bill Kennard to be self employed. Nope, Bill is the William Kennard mentioned earlier, the Managing Director of The Carlyle Group. Ironically, Mark Johnson works in the same division as William E. Kennard at Carlyle, telecom & media.
And right before the Democratic National Convention, Senator Barack Obama voted for telecom immunity. I thought it was a nod to AT&T for their sponsorship of the big event. But, it turns out Barack could’ve had other motivations.
Note: William Kennard was appointed as European Union Ambassador by President Obama.
George Soros has invested more than $100M in Carlyle Group.
the Chicago mob at its best
in the fine print it’s noted that Carlyle gets an environmental “waiver” for the refinery.....
Carlyle was founded in 1987 by five Washington executives: William E. Conway, Jr., Stephen L. Norris, David M. Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum.[8] Rosenbaum left in 1987;[9] Norris left in 1995.[10][11] The three remaining founders are reported to collectively own around a 50% interest in the group's general partnership. The rest of Carlyle is owned by a group of individuals, most of whom serve as managing directors, and by two institutional investors.
Carlyle was founded in 1987 by five Washington executives: William E. Conway, Jr., Stephen L. Norris, David M. Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum.[8] Rosenbaum left in 1987;[9] Norris left in 1995.[10][11] The three remaining founders are reported to collectively own around a 50% interest in the group's general partnership. The rest of Carlyle is owned by a group of individuals, most of whom serve as managing directors, and by two institutional investors.
Carlyle Group Historical Logo In 2001, the California Public Employees' Retirement System (CalPERS) acquired a 5.5% holding in Carlyle's management company for $175 million. The investment was valued at approximately $1 billion by 2007 at the height of the 2000s buyout boom.[12]
…In 2000, Carlyle entered into a joint venture with Riverstone Holdings, an energy and power focused private equity firm founded by former Goldman Sachs investment bankers. In March 2009, New York State and federal authorities began an investigation into payments made by Carlyle and Riverstone to placement agents allegedly made in exchange for investments from the New York State Common Retirement System, the state's pension fund. It was alleged that these payments were in fact bribes or kickbacks, made to pension officials who have been under investigation by New York State Attorney General, Andrew Cuomo.[14] In May 2009, Carlyle agreed to pay $20 million in a settlement with Cuomo and accepted changes to its fundraising practices.[15] [edit]