-Caveat Lector- Family of Osama bin Laden cutting ties with Carlyle Group
By MARCY GORDON, Associated Press WASHINGTON (October 26, 2001 3:47 p.m. EDT) - Osama bin Laden's wealthy family in Saudi Arabia is severing its financial ties with the Carlyle Group, a politically-connected U.S. private investment firm, by mutual agreement, a source familiar with the relationship said Friday. The bin Laden family decided to sell its investment worth $2.02 million back to the firm mainly because of public controversy over its stake in a Carlyle fund that invests in buyouts of military and aerospace companies, said the source, who spoke on condition of anonymity. The source was confirming a report in Friday's editions of The New York Times. There had been criticism in Saudi Arabia after the Sept. 11 terror attacks that the family, which disowned exiled Islamic militant Osama bin Laden years ago, might profit from increased military spending in the U.S. war against terrorism. The family, whose construction company is one of the largest in the Middle East, also has invested with a number of other investment funds and financial institutions around the world, reportedly including U.S. financial services giant Citigroup, Deutsche Bank of Germany and the Dutch bank ABN Amro. Carlyle has some $14 billion in assets under management. Its chairman is Frank Carlucci, a former U.S. defense secretary. Former President George Bush, former secretary of state James Baker and Arthur Levitt, who had been chairman of the Securities and Exchange Commission through most of the Clinton administration, are senior advisers to the firm. Steve Wingate, Webmaster ANOMALOUS IMAGES AND UFO FILES http://www.anomalous-images.com <A HREF="http://www.ctrl.org/";>www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance�not soap-boxing�please! These are sordid matters and 'conspiracy theory'�with its many half-truths, mis- directions and outright frauds�is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
