http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=235894Pentagon bankers may bail out Black
'Ex-Presidents Club' ready to throw lifeline to embattled Telegraph owner
Jamie Doward and Jessica Hodgson
Sunday November 23, 2003
The Observer
A powerful banking group with close links to the Pentagon, which has also invested money on behalf of the Bin Laden family, is in talks to bail out beleaguered Daily Telegraph owner Conrad Black.
The revelation suggests that Britain's bestselling broadsheet - coveted by rival newspaper barons because of its political influence - may not go under the hammer after all, as Lord Black tries to quell a shareholder rebellion in the face of allegations that he and several acolytes pocketed millions of dollars that was not theirs to take.
<snip>
Carlyle, - which employs former Prime Minister John Major as a director, boasts George Bush Snr and his Secretary of State, James Baker, as advisers, and is headed by Frank Carlucci, Ronald Reagan's Defence Secretary - has invested in media firms previously. The group once owned 40 per cent of France's Le Figaro, and more recently acquired part of French conglomerate Vivendi's publishing assets.
It also part-owns Qinetiq, the Government's privatised defence research laboratories, and CSX Lines, a logistics firm that specialises in shipping heavy equipment for the military. In the past, Carlyle has owned Vinnell, a company that trained the Saudi army.
If
Carlyle - which, despite being only 15 years old,
manages more than $14 billion in funds on behalf of investors such as George Soros and the Bin Laden family (who are estranged from their son Osama) - does take a stake in Hollinger, questions are bound to be asked over the links between the two firms, both of which have powerful links to the military.
Leading foreign policy hawks Richard Perle and Henry Kissinger sit on the Hollinger board.
Black himself is a member of the secretive Bilderberg group, an organisation comprising the world's leading businessmen and politicians, which some have accused of being an alternative world government. <snip>
http://observer.guardian.co.uk/uk_news/story/0,6903,1091483,00.html