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boomerbust Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:06 AM
Original message
Wow, former head of Carlyle group
To take over as GM ceo for retiring Ed Whitacer. Sept.1. Bad sign for UAW in my opinion.
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jaksavage Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:27 AM
Response to Original message
1. But so typical
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:27 AM
Response to Original message
2. Oh for fucks sake?
The reich wingers have been calling GM "Obama motors" since the bailout. Now it's going to literally be Bush Crime Family Motors, with a Carlyle stooge in charge? :wtf:
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:37 AM
Response to Reply #2
3. Dan Quayle was over at Chrysler.
Cerberus Capital Management, same deal as Carlyle, only they spell potato with an "e."
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Hestia Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 11:33 AM
Response to Reply #2
11. Your command of the English language is excellent! Succient and to the point!
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UTUSN Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:46 AM
Response to Original message
4. More info here, plus a reminder that Carlyle's co-founder was a CARTER flunky
One David RUBENSTEIN (not the dude in question) was one of the nest of vipers at Jimmy CARTER's breast, some of the others being Pat CADDELL and Tweety. However, RUBENSTEIN *did* fire Shrub from off a cushy Board position at Carlyle's for not contributing anything beyond raunchy, juvenile jokes. CADDELL was credited for CARTER's original win, being the pre-KKKarl, but followed that up with a career of total and complete losses for every candidate he has ever sabotaged, uh, WORKED FOR, inclduing the roll-out of the New Coke. Since then he has been the disgruntled so-called "Democrat" who never fails to criticize, demean, and degrade any Dem in sight, and has been a favorite on the Faux Propaganda Network (I wonder why). Tweety spittles for himself, is well documented in these annals.

Anyway, this new guy is said in this link to be already on the GM board and is credited with turning some other company around, so who knows. All of these a-holes at the top just shuffle themselves around, so who would be a "good" one?!1



**********QUOTE********

http://dealbook.blogs.nytimes.com/2010/08/12/carlyles-akerson-to-become-next-g-m-chief/

Carlyle’s Akerson to Become Next G.M. Chief


General Motors said on Thursday that Edward E. Whitacre, its current chairman and chief executive, will relinquish the latter post on Sept. 1 and will be replaced by the Carlyle Group’s Daniel F. Akerson (pictured).

Mr. Akerson, who is currently a G.M. board member representing the Treasury Department, is a senior executive in Carlyle’s buyout business.

Before joining Carlyle, Mr. Akerson was a veteran telecommunications executive, including working as the chief financial officer at MCI and as the chairman and chief executive of XO Communications, where he supervised a turnaround of the company. (G.M. apparently has a new proclivity for telecom executives: Mr. Whitacre was previously the chief executive of AT&T.)


********UNQUOTE********
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:56 AM
Response to Reply #4
5. "All of these a-holes at the top just shuffle themselves around, so who would be a "good" one?!1"
Damn good question.
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 11:23 AM
Response to Reply #4
9. Carlyle was owned by the Bin Laden family! You know the Bin Laden son who killed my co-workers?
You know the New World Order Carlyle Group??
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:58 AM
Response to Original message
6. dupe
Edited on Thu Aug-12-10 11:00 AM by flyarm
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:59 AM
Response to Original message
7. wash, rinse, repeat..do remember Carlyle was once owned by the Bin Laden family!
Edited on Thu Aug-12-10 11:10 AM by flyarm
and headed by GH BUSH!

the NWO boys club!!

what was Gibbs saying the other day about liberals comparing people ?

That we must be druggies because we make comparisons?

WTF do we professional Liberals know eh?

The Carlyle Group..owned by the Bin Laden family..family of the fucker who killed my co-workers..and I am called a druggie???????????? Former Chief Operating officer..GH BUSH..

And I am a druggie Professional Liberal????????
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 11:15 AM
Response to Original message
8. I hope Labor DEMANDS concessions from the Democrats for this little plum!
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Carni Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 11:23 AM
Response to Original message
10. Won't matter
General Motors has always been right winged as hell in upper management.
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flyarm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 11:48 AM
Response to Original message
12. Meet The Carlyle Group - Former World Leaders and Washington Insiders Make Billions from the War on
Meet The Carlyle Group - Former World Leaders and Washington Insiders Make Billions from the War on Terrorism

GO TO LINK AND SEE THE LOVELY PICTURES!!

http://www.hereinreality.com/carlyle.html


How will Former President George W. Bush personally make millions (if not billions) from the War on Terror and Iraq? The old fashioned way. He'll inherit it.
Meet The Carlyle Group
Former World Leaders and Washington Insiders Making Billions in the War on Terrorism

Bush Carlucci Baker Darman Ramos Major


Former
US President and
Vice President
Former Director
of the CIA Former Secretary of Defense and
Deputy Director
of the CIA
More on Carlucci Former
Secretary of State
and Sec. of Treasury White House
Budget Advisor
Bush / Clinton
Administrations Former President of the Philippines Former British
Prime Minister
Carlyle
Senior Advisor
Retired 10/03 Shareholder Carlyle
Chairman Emeritus
Retired 3/05 Carlyle
Senior Counselor
Retired 2005
More on Baker Carlyle
Managing Director Carlyle Asia
Advisory Board
Retired 2/04 Carlyle Europe Chairman
Retired 2005

Updates:

James Baker Defending Saudis against 9-11 Families' Lawsuit
MSNBC Government of Abu Dhabi Buys $1.3 Billion Carlyle Share
Financial Times
James Baker appointed envoy in charge of restructuring Iraq's debt
CNN Carlyle Groups in Talks to Sell 10% Stake to Chinese Government
London Times
EXPOSED: The Carlyle Group
48 minute Real Player video ~ watch now

Featured Articles:

The ex-presidents' club The Guardian
Oliver Burkeman and Julian Borger Wednesday October 31, 2001

It is hard to imagine an address closer to the heart of American power. The offices of the Carlyle Group are on Pennsylvania Avenue in Washington DC, midway between the White House and the Capitol building, and within a stone's throw of the headquarters of the FBI and numerous government departments. The address reflects Carlyle's position at the very center of the Washington establishment, but amid the frenetic politicking that has occupied the higher reaches of that world in recent weeks, few have paid it much attention. Elsewhere, few have even heard of it...

But since the start of the "war on terrorism", the firm - unofficially valued at $13.5bn - has taken on an added significance. Carlyle has become the thread which indirectly links American military policy in Afghanistan to the personal financial fortunes of its celebrity employees, not least the current president's father. And, until earlier this month, Carlyle provided another curious link to the Afghan crisis: among the firm's multi-million-dollar investors were members of the family of Osama bin Laden More...

Carlyle's Way Red Herring Business Magazine
Dan Briody, author of The Iron Triangle Wednesday January 8, 2002

Like everyone else in the United States, the group stood transfixed as the events of September 11 unfolded. Present were former secretary of defense Frank Carlucci, former secretary of state James Baker III, and representatives of the bin Laden family. This was not some underground presidential bunker or Central Intelligence Agency interrogation room. It was the Ritz-Carlton in Washington, D.C., the plush setting for the annual investor conference of one of the most powerful, well-connected, and secretive companies in the world: the Carlyle Group. And since September 11, this little-known company has become unexpectedly important...

And as the Carlyle investors watched the World Trade towers go down, the group's prospects went up. In running what its own marketing literature spookily calls "a vast, interlocking, global network of businesses and investment professionals" that operates within the so-called iron triangle of industry, government, and the military, the Carlyle Group leaves itself open to any number of conflicts of interest and stunning ironies. For example, it is hard to ignore the fact that Osama bin Laden's family members, who renounced their son ten years ago, stood to gain financially from the war being waged against him until late October, when public criticism of the relationship forced them to liquidate their holdings in the firm. Or consider that U.S. president George W. Bush is in a position to make budgetary decisions that could pad his father's bank account. But for the Carlyle Group, walking that narrow line is the art of doing business at the murky intersection of Washington politics, national security, and private capital; mastering it has enabled the group to amass $12 billion in funds under management.
More...



HEY GIBBS..IF THE SHOE FUCKING FITS!!!!!!!!!!!



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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 06:40 AM
Response to Reply #12
14. thank you for the info -- and felt this was worth repeating.
'And as the Carlyle investors watched the World Trade towers go down, the group's prospects went up. In running what its own marketing literature spookily calls "a vast, interlocking, global network of businesses and investment professionals" that operates within the so-called iron triangle of industry, government, and the military, the Carlyle Group leaves itself open to any number of conflicts of interest and stunning ironies.'
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 05:46 AM
Response to Original message
13. At least now the outsourcing
will stop. :hide:
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