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

By Dan Briody

A penetrating examine the corporate on the nexus of huge company, executive, and protection

The Carlyle staff is without doubt one of the biggest inner most fairness businesses on the earth with over $13 billion in money. Carlyle's investments contain every thing from security contractors to telecommunications and aerospace businesses. yet there's extra to this corporation than meets the attention. Carlyle's executives contain heavyweights from the worlds of industrial and politics, resembling former secretary of safeguard and CIA deputy director Frank Carlucci, former secretary of country 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 relations used to be for my part invested within the workforce until eventually lately. within the Iron Triangle, journalist Dan Briody examines an organization on the nexus of huge company, executive, and safety that, in keeping with a few resources, epitomizes company cronyism, conflicts of curiosity, and struggle profiteering. This interesting exam leads readers right into a w orld that few can imagine-full of clandestine conferences, quid seasoned quo bargains, sour ironies, and pettyjealousies. And the solid of characters contains essentially the most strong males on the planet. Strap in, simply because this trip might get a bit bumpy.

Dan Briody (New York, manhattan) is an award-winning company journalist whose purple Herring article "Carlyle's method" broke the tale at the internal workings of the Carlyle crew. Briody has seemed on a variety of radio and tv courses overlaying the Carlyle workforce and has turn into a major resource for different newshounds protecting this tale. Briody's articles have seemed in Forbes, crimson Herring, and the Standard.

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

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In 14 months as secretary of defense, Carlucci would travel overseas 13 times, to Europe, the Middle East, Asia, and Africa. He was charming and diplomatic, and he gained supporters throughout the world. Everybody loved Frank. In another of the stunning ironies of Carlucci's career, he fought hard to decrease spending and eliminate unnecessary weapons programs, angering military contractors and the armed forces in the process. Just 10 years later, he would find himself caught up in the same situation, only this time he would be siding with the contractors, fighting to keep outdated weapons programs alive in his role as chairman of Carlyle Group.

Then in 1986, the press learned of covert arms deals that Sears World Trade had participated in over the previous three years. The news hit just as Carlucci, by then chairman of SWT, 27 28 THE IRON TRIANGLE was chosen by President Reagan to head up the National Security Council, called in to replace John Poindexter, who resigned amid the furor over the Iran-Contra affair. The irony was thick. A new national security advisor, another arms scandal. Using a subsidiary of SWT, called the International Planning and Analysis Center, Carlucci consulted on the buying and selling of anti-aircraft missiles, radar, jets, and other military equipment for the United States and Canada.

While negotiating through tribal violence, which had been fomented by the Belgian colonial government for years, Carlucci's daughter was threatened at bayonet-point, and Carlucci himself was stabbed between the shoulder blades and arrested after a car he was riding in struck and killed a bicyclist. But Carlucci, who was once called "a tough little monkey" by his father, stayed on in the Congo, despite the life-threatening circumstances. Lumumba stayed in power only two months, replaced by Mobuto Sese Seko, America's handpicked successor, in the fall.

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