ACRONYM issued a Carlyle worthy response to the failure of Shadow's smartphone app at the Iowa Democratic Causus. The Carlyle Group distanced itself from the spectacular collapse of Carlyle Capital Corporation, the March 2008 canary in the coalmine of the Fall financial crisis. Both Carlyle and ACRONYM downplayed their roles as "merely investors."
Just as Carlyle launched Carlyle Capital Corporation, ACRONYM said it would launch Shadow.
Both ran away from the stinking piles created by CCC's implosion and Shadow's collapse. Image is everything for the greed and leverage boys whose desire for money and power are insatiable.
