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Dan Briody's 'The Iron Triangle' Explores The Carlyle Group's Influence on Global Affairs

Dan Briody's 'The Iron Triangle' Explores The Carlyle Group's Influence on Global Affairs

Dan Briody's investigative work, 'The Iron Triangle: Inside the Secret World of the Carlyle Group,' delves into the operations of The Carlyle Group, a private equity firm founded in 1987 and based in Washington, D.C. The book examines how the firm leverages political connections and insider relationships to secure deals across defense, aerospace, technology, and energy sectors, often intersecting with government contracts and military interests. Briody's narrative highlights the 'iron triangle' concept, which describes the close relationships among government agencies, legislative bodies, and private industry. The Carlyle Group is presented as a nexus where military contractors, former government officials, and global investors converge, influencing policy decisions, defense spending, and international diplomacy with limited public scrutiny. The book also discusses the roles of key figures, including former presidents and military officials, in shaping the firm's direction.
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Exclusive-Apollo submits non-binding bid for German energy firm Uniper, sources say

Exclusive-Apollo submits non-binding bid for German energy firm Uniper, sources say

By Christoph Steitz and Anousha Sakoui FRANKFURT/LONDON, Oct 7 (Reuters) - Apollo Global Management has submitted a non-binding offer for German state-owned energy firm Uniper, two people with direct knowledge of the matter said, joining the auction for one of Germany's biggest utilities.
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FBI's 'Operation Monopoly' Tunnel Under Soviet Embassy Revealed as Costly Failure

FBI's 'Operation Monopoly' Tunnel Under Soviet Embassy Revealed as Costly Failure

The Federal Bureau of Investigation (FBI) undertook a clandestine operation, codenamed 'Operation Monopoly,' starting in 1977, to tunnel beneath the Soviet Embassy in Washington, D.C.'s Glover Park neighborhood. The project, which reportedly cost hundreds of millions of dollars—three times the cost of the entire Soviet compound—aimed to tap into Soviet telephone cables and gather intelligence using National Security Agency (NSA) technology. However, the operation was plagued with numerous problems, including water leaks, methane gas pockets, and uncertainty about where the tunnel would emerge beneath the embassy. The FBI's efforts were ultimately compromised when counterintelligence agent Robert Hanssen, who was a KGB informant, disclosed the tunnel's existence to his Soviet handlers around 1985. This betrayal rendered the intelligence-gathering efforts largely ineffective, as the Soviets and later the Russians were able to deploy countermeasures. The American public only learned about 'Operation Monopoly'...
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KKR Private Credit Fund Exceeds Redemption Limit, Honors All Withdrawal Requests

KKR Private Credit Fund Exceeds Redemption Limit, Honors All Withdrawal Requests

KKR Private Credit Fund Exceeds Redemption Limit, Honors All Withdrawal Requests
ReutersReuters
Shares slip as European bond bashing rumbles on

Shares slip as European bond bashing rumbles on

By Marc Jones and Wayne Cole LONDON/SYDNEY, Oct 8 (Reuters) - Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil and gas prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.
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SpaceX seeks $40 billion financing led by Apollo to buy Nvidia chips, FT reports

SpaceX seeks $40 billion financing led by Apollo to buy Nvidia chips, FT reports

Oct 6 (Reuters) - SpaceX plans to raise $40 billion, led by asset manager Apollo Global Management, for purchasing Nvidia AI chips, the Financial Times reported on Tuesday, citing people familiar with the matter.
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Former Infantry Officer Daniel Pedersen Transitions to Federal Service and Pursues Strategic Studies

Former Infantry Officer Daniel Pedersen Transitions to Federal Service and Pursues Strategic Studies

Daniel Pedersen, a former U.S. Army infantry officer who served through the Global War on Terrorism and Operation Allies Welcome during the fall of Kabul, has transitioned from active military duty to federal service. After a brief period in the technology sector at Oracle, Pedersen realized his values aligned more with public service. He now works as an emergency manager for U.S. Army Garrison Rheinland-Pfalz in Kaiserslautern, Germany, and continues his military service as a reservist. Concurrently, Pedersen is pursuing a Master of Arts in Strategic Studies at Norwich University, aiming to further his career in national security and federal service. His academic journey has been influenced by his military background and current role, particularly in understanding modern conflict and information warfare, which he applies directly to his work in Europe amidst ongoing geopolitical tensions.
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ICG and Amundi Launch Joint Evergreen Private Equity Secondaries Strategy

ICG and Amundi Launch Joint Evergreen Private Equity Secondaries Strategy

ICG and Amundi Launch Joint Evergreen Private Equity Secondaries Strategy
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Blackstone President Jon Gray Addresses Private Credit Redemption Pressures Amid Market Concerns

Blackstone President Jon Gray Addresses Private Credit Redemption Pressures Amid Market Concerns

Blackstone President Jon Gray Addresses Private Credit Redemption Pressures Amid Market Concerns
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What will Washington do next if US bond yields keep rising?

What will Washington do next if US bond yields keep rising?

By Karen Brettell Oct 5 (Reuters) - The US government is paying more to borrow, and it is running out of easy ways to rein in its borrowing costs. Long-term Treasury yields are near their highest in two decades, and the causes do not look temporary.
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Private credit roundup: Blue Owl redemptions ease, tech and refinancing risks persist

Private credit roundup: Blue Owl redemptions ease, tech and refinancing risks persist

Oct 5 (Reuters) - Withdrawal requests at Blue Owl Capital's flagship non-traded private credit fund dropped again in the third quarter, signalling redemption pressure is easing across parts of the US market even as stress remains in some vehicles and refinancing risks loom.
USA TodayUSA Today
Olivia Rodrigo’s Unraveled tour might be 2026’s best | Review

Olivia Rodrigo’s Unraveled tour might be 2026’s best | Review

Olivia Rodrigo delivers a career-best performance on the dazzling and heartfelt Unraveled tour.