Bin Ladens Bail on Carlyle Group

FTW, Oct. 26, 2001, 1700 PDT - The New York Times is today reporting that, "The Saudi family of Osama bin Laden is severing its financial ties with the Carlyle Group, a private investment firm known for its connections to influential Washington political figures, executives who have been briefed on the decision said today." Some of those influential figures include George H.W. Bush and his son, our President.

The Times story indicates that the decision by the bin Ladens was the result of "public controversy" about the familyпїЅs investments in the nationпїЅs 11th largest defense contractor. The Carlyle Group employs former President George Bush, who met with the bin Laden family in Saudi Arabia in 1998 and 2000. As a result of explosive increases in the US defense budget the Carlyle Group is facing enormous windfall profits. And there is still strong suspicion that, in spite of mainstream reports indicating otherwise, the family has not severed all ties with the alleged mastermind of the September 11th attacks on the World Trade Center.

One of the most detailed investigative reports on bin Laden and Bush business connections was published by FTW just weeks ago. We know that it has received worldwide attention and close scrutiny within the Bush Administration.

The story is at  https://www.copvcia.com/members/carlyle.html.

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While not cause for great jubilation, this development is clear-cut evidence that independent and alternative media sources do have an impact. It should be, therefore, a soul-reassuring affirmation that we must - all of us - continue our important work of filling the canyon-sized gaps left in current reporting by the major media.

Mike Ruppert

www.copvcia.com