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Union calls Carlyle-Booz Allen deal national security threat

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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:14 PM
Original message
Union calls Carlyle-Booz Allen deal national security threat
Friday, January 18, 2008 - 1:57 PM EST
Union calls Carlyle-Booz Allen deal national security threat
Baltimore Business Journal - by Jeff Clabaugh Contributor

The Service Employees International Union is calling for government oversight on any acquisition of Booz Allen Hamilton's government consulting business by The Carlyle Group, saying it raises concerns about national security.

The union cites the government of Abu Dhabi's investment in the Carlyle Group.

"The potential for a Carlyle Group-Booz Allen buyout demands urgency on the part of lawmakers and regulators to examine the risks faced by the U.S. when foreign governments potentially have access to classified and other sensitive national security information through their stake in U.S. companies," the union said in a statement posted on its Website.
snip...

Booz Allen Hamilton's government consulting unit has about 12,000 employees in the Washington area, and is one of Northern Virginia's largest private employers.

http://www.bizjournals.com/baltimore/stories/2008/01/14/daily44.html
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:25 PM
Response to Original message
1. Damn, privitize national security then sell it to foreign nations...not a good idea
who the hell thought of this scheme?
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:52 PM
Response to Reply #1
2. Carlyle ALREADY OWNS the contract for the US Office of Personnel Management --
Edited on Fri Jan-18-08 04:52 PM by elehhhhna
no lie! The USOPM does little stuff like HIRING & BACKGROUND CHECKS, etc.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:53 PM
Response to Reply #1
3. BTW, it is called "self-dealing" and is (or should be) totally ILLEGAL.
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:54 PM
Response to Original message
4. Carlyle selling? is Buscho liquidating their assets? Geneva banks and all that?
Edited on Fri Jan-18-08 04:54 PM by robbedvoter
:shrug:
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 05:14 PM
Response to Reply #4
5. no, honey, they're BUYING...
it's a binge, especially since the US Dollar is low as ever.
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