The Iron Triangle—The Carlyle Group Exposed
The Carlyle Group is one of the largest investment banks in the world. Based in Washington, it has accumulated its wealth mainly by investments in defence—a lucrative market in the continued tradition of American war, imperialism and militarism. A strange coincidence? The payroll features people such as George Bush, John Major (former British Prime Minister), Lou Gerstner (former chairman of IBM), James Baker III and Fidel Ramos (former Prime Minister of the Philipines). The group invests in areas that are closely tied to government policy: Aero-space and defence, telecommunications, real estate, health care and banking. With 16 billion dollar under management they have the reputation of being the best-connected company in the world. Their list of private investors include George Soros, the Saudi Royal Family and the Bin Laden Family. So how does the Carlyle Group really operate, who are the people behind it and how much power do they have? This film explores the fine line between the conflict of interests and a new global way of doing business