Wednesday, September 27, 2006

Carlyle Growth During Bush Years

Just yesterday The Carlyle Group announced its stake in Air2Web, a mobile messaging company. In their press release the politically connected investment house cites it manages over $44.3 billion in assets. In late 2001 the company bragged about its’ over $13 billion dollar portfolio. That’s a $31.3 billion or 250% increase during the Bush years!

That should grow ever bigger with their investments in health care, telecommunications, media and consumer brands. Do they own a company that makes plastic and duct tape? After all, they now can connect marketers to mobile subscribers on a global scale…

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