Monday, April 20, 2009

Carlyle Group Placement Fees and White House Torture

Stop the questionably legal practice. Move on with fingers crossed that no real investigation will occur.

That's the Obama administration's prescription for torture. It's The Carlyle Group's solution to placement fees to politically connected middlemen, that bear a resemblance to bribes. Private equity underwriters (PEU's) and hedge funds paid placement fees for pension investments in their funds.

Bush's enhanced interrogation techniques = torture

PEU placement fees = bribery, graft (now known as pay for play)?

Keep up with the new meaning of words. One needs a spin dictionary nowadays.