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The Iron Triangle: Inside the Secret World of the Carlyle Group

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Title: The Iron Triangle: Inside the Secret World of the Carlyle Group
by Dan Briody
ISBN: 0-471-28108-5
Publisher: John Wiley & Sons
Pub. Date: April, 2003
Format: Hardcover
Volumes: 1
List Price(USD): $24.95
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Average Customer Rating: 3.85 (26 reviews)

Customer Reviews

Rating: 4
Summary: Insightful!
Comment: This book is worth reading, given that the Carlyle Group employs important former politicians (such as the first President Bush) and deals with politically sensitive companies. This history of the mammoth private equity firm with its fingers in many government pies reminds you that the right relationships and the right schools can compensate for professional ineptitude. And, if a fraction of author Dan Briody's implications about it are true, democracy is in serious trouble. But is even a fraction true? This clumsy compilation leaves you wondering. More original reporting and less exaggeration and bias would have helped Briody prove his conspiracy theories. Unfortunately, he does not display the requisite expertise about finance, law, politics or the arms trade. Indeed, given the innuendoes he delivers in breathless, clichéd prose, you could ask if the book just might include a stretcher or two. It is a suggestive stage whisper from outside the political theater's back door. We say you'll find this novelistic report intriguing, if you take it with a grain of salt.

Rating: 3
Summary: Spooky
Comment: The Iron Triangle, when I first heard about it, seemed like one of those conspiracy theory books in which the government is controlled by a handful of people that meet in a small room once a year to decide the fate of the world economy. However, this book was not like that. Instead, it is an almost academic work of investigative reporting that breaks down what goes on in this secret group of former presidents, Defense Department officials, CIA agents, and business men. And, to be frank, it is a little scary. Read this book for an interesting look at how foreign policy and big business work in the modern world.

Rating: 2
Summary: long Fortune Magazine Article.
Comment: The book reads like a long Fortune Magazine article, I feel ripped off for my money.

As someone said, its an interesting "People's Magazine" history of an interesting firm, however, the writing style is pretty bad. Words like "shady, nebulous, sordid" appear on every page, but the actions described are pretty typical/boring and not that crazy. i.e, some treasurer in Connecticut gets caught in a bribe involving a 750 Million dollar investment, and 10 million gets eventually funneled to Carlyle group, who cares? If anything it shows a witch hunt against the firm.

Despite the language, the book either implies 1) Briody could not find any real dirt or 2) Carlyle Group may have a tremendous conflict of interest but to date, it has not done anything that bad..that can be proven.

A poor treatment of an important topic. I just read Caro's bio of Johnson, the juxposition of reading the two makes the book even worse in my eyes, perhaps unfairly so.

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