Cerberus barks

Larger CIA and DoD Privatization Scandal Emerging from Walter Reed Story, US Attorneys Firing
by leveymg
Sat Mar 10, 2007 at 03:58:42 AM PST

Rumsfeld and Top GOP Figures Profited from Privatization of VA Hospital, CIA Contractors

A large global hedge fund, Cerberus Capital Management (dba, Cerberus-Gabriel), is at the center of an emerging Pentagon and CIA contracting scandal that has the attention of three Congressional Committees.

In each case, the companies under investigation have links to prominent GOP figures, including Vice President Dick Cheney, former Vice President Dan Quayle, former Defense Secretary Donald Rumsfeld, and several Republican Congressmen indicted for corruption involving kickbacks from defense contractors. The Republican Congressional Campaign Commitee (RCCC) has also received substantial contributions from conservative fund managers running Cerberus, a virually unregulated $30 billion hedge fund, which owns the second largest bank in Israel.

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