'The Carlyle Group, the Bush family and 9/11' - PressTVGlobalNews - 2013

Published on Mar 21, 2013

"The Carlyle group is one of America's ten biggest military contracting firms. This firm specializes in what they call 'crony capitalism'. That means they make money by gaining access to the world's leading decision-makers.

The Carlyle group was founded in the late 80s by a fellow named Rubenstein. It is a highly influential multi-sector group, mostly defense related companies and corporations. In the 90s, it started bringing on board the Bush family and Bin Laden family. The two families became the key members of their board. The Group stands accused of involvement in and benefiting from 9/11 attacks.

The Carlyle Group operates in four business areas: Corporate private equity, defense, market strategies and fund of funds, through its AlpInvest subsidiary.

In its 2010 annual report, Carlyle reported assets in excess of $150 billion under management diversified over 84 distinct funds.

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