And this news from The Wall Street Journal. If the U.S. boosts defense spending in its quest to stop Osama bin Laden’s alleged terrorist activities, there may be one unexpected beneficiary: Mr. bin Laden’s family. Among its far-flung business interests, the well-heeled Saudi Arabian clan, which says it is estranged from Osama, is an investor in a fund established by Carlysle Group, a well-connected Washington merchant bank specializing in buyouts of defense and aerospace companies.
Bin Laden Family Set to Benefit from Boost in Defense Spending Via Carlyle Group
HeadlineSep 27, 2001