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Carlyle Group
As this week has progressed more economic and political news has inundated the talk shows and the worldwide web. Among these breaking stories the following are near the top: Carlyle Group out of cash and going down.
They have used 32 Times borrowing leverage and thus their actual capital of $670 Million was the only collateral to meet multiple margin calls of more than $21 Billion.
Since the Carlyle Group supplies arms and bombs, bullets, missiles and support for the military, including Blackwater who has more combat forces involved in Iraq than the US Military. The important aspect of this is that no one will lend in US Dollars anymore. China and Japan turned down requests for further loans of $2Trillion requested by Sr & Jr. (13 March 2008.)
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