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September 19, 2007


Jack Payne

Over a quarter of a million dollars is a lot to throw at a problem that will not be resolved for the next 18 months anyway. Why don't they just wait till a new (possibly) Democratic administration takes over in January, 2009, and, in the meantime, spend their money on more constructive things?


Any inklings as to whether other PE firms will follow suit? I think that this goes hand in hand with the fact that Carlyle is already so well connected with Congress and the Treasury Department (see article from NewsVisual: ). Should make Marchick's job pretty easy, no?

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