January 7, 2014

'Revolving Door Keeps Spinning': Former FCC Head Hired By Carlyle Group | Common Dreams

'Revolving Door Keeps Spinning': Former FCC Head Hired By Carlyle Group | Common Dreams
"Carlyle group, which has made a fortune off of investments in the defense and arms industries, owns a majority share of military contractor Booz Allen Hamilton—former employer of NSA whistleblower Edward Snowden.
Its history of politically-connected advisers includes former US president George Bush Sr, former British prime minister Sir John Major, and former prime minister of Thailand, Thaksin Shinawatra. Genachowski is not the first former FCC head to join the firm: Former FCC chairman of 8 years, William E. Kennard, joined Carlyle Group after leaving the commission in 2001."