PEU lobbying group American Investment Council reported over seven years ago:
May 31, 2012: Former President Bill Clinton appeared on CNN’s Piers Morgan Tonight, guest hosted by Harvey Weinstein, to provide his take on the presidential election. When Clinton was asked about the recent attacks on private equity, he responded:Good work for many former members of the Clinton cabinet. Many joined the greed and leverage boys after serving President Clinton.
“If you go in and try and save a failing company…you can go into a company, have cutbacks and make it more productive with the goal of saving it, and when you try, like anything else you try, you don’t always succeed…so I don’t think that we ought to get into the position where we say this is bad work. This is good work.”
Madeline Albright founded Albright Capital.
APR Energy, an Albright Capital portfolio company, secured a contract to supply the South Australian government with a new fast-start power plant made up of nine turbines to help avert potential shortages over summer. The company also filled the breach for Tasmania last year when an under-sea power cable to the mainland failed.Henry Cisneros is Co-Chief Investment Officer and Chairman of American Triple I Partners. His PEU landed a deal this week to redevelop New York's JFK Airport.
In the article, APR Energy's executive chairman John Campion discusses the transaction and the invaluable involvement of Ms Madeleine Albright and Albright Capital Management.
A minority-owned private equity firm led by Clinton administration veteran Henry Cisneros has been selected as an investment partner for a project at New York’s John F. Kennedy International Airport. American Triple I Partners will contribute 30% of the equity for the redevelopment of terminals 6 and 7 at JFK.
The addition of American Triple I, a 100% minority-owned business, helps the consortium meet Governor Andrew Cuomo’s goal for the JFK redevelopment plan to include 30% participation from minority and women-owned business enterprises, known as MWBEs.
The Carlyle Group is behind the new Terminal 1 at JFK. Carlyle co-founder David Rubenstein worked in President Jimmy Carter's White House but benefited from Clinton's privatizing the government's background check arm. Carlyle flipped USIS several times for huge returns.
William Cohen founded TCG Financial Partners in 2004. His co-founding partner sold a Palm Beach house for $2,312 a square foot in June 2019.
Robert Rubin joined Insight Capital Partners before moving on to Centerview Partners. Rahm Emanuel worked in the Clinton and Obama White Houses and recently joined Rubin at Centerview Partners.
New Democratic Presidential Candidate Deval Patrick headed up the Civil Rights Division under Bill Clinton. He recently resigned his PEU position with Bain Capital.
A flashback to Bill Clinton defending the PEU boys to Harvey Weinstein is symbolic on a number of levels. The greed and leverage boys are predatory.
Update 12-19-19: Presidential Candidate Pete "PEU" Buttigieg worked for The Cohen Group and the Truman Center, where Madeleine Albright sat on the board. Peuttigieg!
Update 3-23-22: Madeline Albright died today. Cancer took her life at the age of 84.
