HTTP://WWW.STOPNATO.ORG.UK ---------------------------In a message dated 1/10/2002 12:17:02 PM Pacific Standard Time, [EMAIL PROTECTED] writes:
http://www.latimes.com/la-000002484jan10.story
On a single day last month, Carlyle earned $237 million selling shares in United Defense Industries, the Army's fifth-largest contractor. The stock offering was well timed: Carlyle officials say they decided to take the company public only after the Sept. 11 attacks. The stock sale cashed in on increased congressional support for hefty defense spending, including one of United Defense's cornerstone weapon programs.
Carlyle's windfall is a result of astute business decisions, excellent connections, strategic lobbying, good timing and a bit of luck. It is also a prime example of how defense contractors got well in a hurry after the Sept. 11 attacks, in a year when the Bush administration already was planning steep hikes in defense spending.
This is criminal or should be.
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