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#1
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On Mon, 23 Apr 2007 13:32:10 -0400, Harry Krause
wrote: Chuck Gould wrote: On Apr 23, 3:46?am, Short Wave Sportfishing wrote: On 22 Apr 2007 20:06:12 -0700, Chuck Gould wrote: From AP: PARIS (AP) - Groupe Zodiac, a maker of inflatable boats, said Wednesday it began discussions with private equity company Carlyle Group about a possible sale of its Zodiac Marine business to a joint venture between the two companies. I don't know nuttin' about no Prezidants, but ain't the Californy Ratiremant Buord done ownes a beeg asssed chunk of that there Karlyle Group? Look a bit higher in the food chain. At least two US Presidents have served on the Board of Directors of Carlyle, although not when officially in office. After a period of initial service one was politely asked to resign, but the other served for over 10 years and continues to accept "contract" work from the corporation. Many of the more influential stockholders (not necessarily the holders of the largest number of shares) are names that would seem familiar to folks who make a habit of watching the evening news. In any event, these are the prospective new owners of Zodiac. It will be interesting to see if the boats remain available to the public or if they will go strictly mil spec. Ah, yes...milspec...to fill the needs of countries perpetually at war, so that warmongering corporations can make the big bucks off them. And if only the USA would get rid of its Department of Defense, every other country would do the same. The world would be at total peace. Wouldn't it be loverly! |
#2
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posted to rec.boats
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Carlyle might also be itn it just to pump the co. (zodiac) up, make it
more attractive, then flip the Zodiac co (or name) to somebody else for a huge profit. Chuck Gould wrote: On Apr 23, 3:46?am, Short Wave Sportfishing wrote: On 22 Apr 2007 20:06:12 -0700, Chuck Gould wrote: From AP: PARIS (AP) - Groupe Zodiac, a maker of inflatable boats, said Wednesday it began discussions with private equity company Carlyle Group about a possible sale of its Zodiac Marine business to a joint venture between the two companies. I don't know nuttin' about no Prezidants, but ain't the Californy Ratiremant Buord done ownes a beeg asssed chunk of that there Karlyle Group? Look a bit higher in the food chain. At least two US Presidents have served on the Board of Directors of Carlyle, although not when officially in office. After a period of initial service one was politely asked to resign, but the other served for over 10 years and continues to accept "contract" work from the corporation. Many of the more influential stockholders (not necessarily the holders of the largest number of shares) are names that would seem familiar to folks who make a habit of watching the evening news. In any event, these are the prospective new owners of Zodiac. It will be interesting to see if the boats remain available to the public or if they will go strictly mil spec. |
#3
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On Apr 23, 11:02?am, Tim wrote:
Carlyle might also be itn it just to pump the co. (zodiac) up, make it more attractive, then flip the Zodiac co (or name) to somebody else for a huge profit. I know that my Zodiac certainly benefits from being pumped up, but by avoiding the use of anything stronger than my 3.5 HP Nissan outboard I hope to avoid flipping it. :-) |
#4
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On 23 Apr 2007 09:36:56 -0700, Chuck Gould
wrote: On Apr 23, 3:46?am, Short Wave Sportfishing wrote: On 22 Apr 2007 20:06:12 -0700, Chuck Gould wrote: From AP: PARIS (AP) - Groupe Zodiac, a maker of inflatable boats, said Wednesday it began discussions with private equity company Carlyle Group about a possible sale of its Zodiac Marine business to a joint venture between the two companies. I don't know nuttin' about no Prezidants, but ain't the Californy Ratiremant Buord done ownes a beeg asssed chunk of that there Karlyle Group? Look a bit higher in the food chain. At least two US Presidents have served on the Board of Directors of Carlyle, although not when officially in office. After a period of initial service one was politely asked to resign, but the other served for over 10 years and continues to accept "contract" work from the corporation. Many of the more influential stockholders (not necessarily the holders of the largest number of shares) are names that would seem familiar to folks who make a habit of watching the evening news. In any event, these are the prospective new owners of Zodiac. It will be interesting to see if the boats remain available to the public or if they will go strictly mil spec. While I appreciate your approach on this, I would still point out that the California State Retirement Board and the CalSTRs (Teacher's Retirement - both Unionized boards) owns 7% of Carlyle Group spread amoung three asset classes. I'd say that CA has a rather large say in what happens to Carlyle Group - more than a former President. |
#5
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posted to rec.boats
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![]() "Short Wave Sportfishing" wrote in message ... On 23 Apr 2007 09:36:56 -0700, Chuck Gould wrote: On Apr 23, 3:46?am, Short Wave Sportfishing wrote: On 22 Apr 2007 20:06:12 -0700, Chuck Gould wrote: From AP: PARIS (AP) - Groupe Zodiac, a maker of inflatable boats, said Wednesday it began discussions with private equity company Carlyle Group about a possible sale of its Zodiac Marine business to a joint venture between the two companies. I don't know nuttin' about no Prezidants, but ain't the Californy Ratiremant Buord done ownes a beeg asssed chunk of that there Karlyle Group? Look a bit higher in the food chain. At least two US Presidents have served on the Board of Directors of Carlyle, although not when officially in office. After a period of initial service one was politely asked to resign, but the other served for over 10 years and continues to accept "contract" work from the corporation. Many of the more influential stockholders (not necessarily the holders of the largest number of shares) are names that would seem familiar to folks who make a habit of watching the evening news. In any event, these are the prospective new owners of Zodiac. It will be interesting to see if the boats remain available to the public or if they will go strictly mil spec. While I appreciate your approach on this, I would still point out that the California State Retirement Board and the CalSTRs (Teacher's Retirement - both Unionized boards) owns 7% of Carlyle Group spread amoung three asset classes. I'd say that CA has a rather large say in what happens to Carlyle Group - more than a former President. Unfortunately, Calpers and other big holders of some large corporations seem to not demand excellence and resonable executive pay from the corps they own. |
#6
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posted to rec.boats
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Calif Bill wrote:
"Short Wave Sportfishing" wrote in message ... While I appreciate your approach on this, I would still point out that the California State Retirement Board and the CalSTRs (Teacher's Retirement - both Unionized boards) owns 7% of Carlyle Group spread amoung three asset classes. I'd say that CA has a rather large say in what happens to Carlyle Group - more than a former President. Unfortunately, Calpers and other big holders of some large corporations seem to not demand excellence and resonable executive pay from the corps they own. Big Pensions, all they care about is return on investment. Somebody out to do something about it. |
#7
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posted to rec.boats
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![]() Short Wave Sportfishing wrote: While I appreciate your approach on this, I would still point out that the California State Retirement Board and the CalSTRs (Teacher's Retirement - both Unionized boards) owns 7% of Carlyle Group spread amoung three asset classes. I'd say that CA has a rather large say in what happens to Carlyle Group - more than a former President. man, I didn't know that..... |
#8
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posted to rec.boats
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Chuck Gould wrote:
On Apr 23, 3:46?am, Short Wave Sportfishing wrote: On 22 Apr 2007 20:06:12 -0700, Chuck Gould wrote: From AP: PARIS (AP) - Groupe Zodiac, a maker of inflatable boats, said Wednesday it began discussions with private equity company Carlyle Group about a possible sale of its Zodiac Marine business to a joint venture between the two companies. I don't know nuttin' about no Prezidants, but ain't the Californy Ratiremant Buord done ownes a beeg asssed chunk of that there Karlyle Group? Look a bit higher in the food chain. At least two US Presidents have served on the Board of Directors of Carlyle, although not when officially in office. After a period of initial service one was politely asked to resign, but the other served for over 10 years and continues to accept "contract" work from the corporation. Many of the more influential stockholders (not necessarily the holders of the largest number of shares) are names that would seem familiar to folks who make a habit of watching the evening news. In any event, these are the prospective new owners of Zodiac. It will be interesting to see if the boats remain available to the public or if they will go strictly mil spec. They will loose quit a bit of money going strictly mil-spec. If it fails mil-spec you sell it on the civilian market. |
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