Carlyle Group Admits Role in "Pay to Play" Scandal

Carlyle Group Admits Role in "Pay to Play" Scandal

www.truthout.org

The Carlyle Group, a giant Wall Street firm best known for its ties to former President George H.W. Bush and other prominent public officials, made more than $13 million in payments to a indicted political fixer who arranged for the firm to receive business from a New York pension fund, New York attorney general Andrew Cuomo said today.

Cuomo said Carlyle had agreed to $20 million to "resolve its role" in the ongoing corruption investigation and agreed to a new code of conduct that prohibit

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What a surprise. Yet another wall street corporation that is involved in a scandal. Its nice to see Cuomo going after these people but its basically the tip of the ice berg. I am positive other companies are involved in similar if not worse scandals then this and would like to see all of them prosecuted for what they did to this country. hmmmph.

www.truthout.org
(visit the link for the full news article)

I feel like I need to get a rubber stamp that says, this is outrageous and i won't stand for it! i'd be stamping in all over the newspaper and on almost every thread I post on. this is outrageous. what ARE we going to do about it. nobody is help accountable. why would they stop? they will just be more careful.

you have to ask yourself why blagoyvitch was so berated by politicians everywhere. not because he wasn't in the wrong, but because most of the others are in the wrong too. it's all about pay to play. this has got to stop.

After reading the story I feel like I need to remind everyone reading this that the FIRM is the one under fire here for receiving favors, not any political figure, though this firm is best known for its ties to GWB.