Friday, July 27, 2007

Bush Signed Foreign Investment Law






For private equity firms to make the huge bucks they need someone with even more money to buy their closely held companies. The President facilitated that with his signing of the Foreign Investment and National Security Act of 2007. Carlyle Group inked a deal with Dubai Aerospace for two of its "affiliates", both aircraft service and maintenance companies with facilities across America. The two offices on Pennsylvania Avenue scratch each other's ....