Thursday, March 6, 2008

Bush Family Piggy Bank Receives Default Notice!

Carlyle Capital Corp. failed to meet four margin calls yesterday for $37 million, and has received notice of default from its lenders. The fund is the publicly traded arm of the Carlyle Group, the Washington D.C. equity and leveraged buyout firm that lies at the nexus of corporate and governmental power in the U.S. (Numerian)

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