Why is Texas governor Rick Perry giving Texas roads to private foreign corporations? Is this part of
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The $45 billion dollar TxU buyout is no less than the largest buyout ever, and involves at least three firms represented annually at Bilderberg, each characteristic of global investment-- Goldman Sachs , represented by its Chairman Peter D. Sutherland (also Chairman of British Petroleum [BP] ), Kohlberg, Kravis, Roberts & Co. (KKR) represented by Henry R. Kravis , founder and partner, and Credit Suisse First Boston represented by Chairman and CEO Ronald S. Lloyd .
Now, the biggest ever buyout is unfolding in scandal-- as Ajaz Rahim , head of investment banking at Saudi owned Faysal Bank in Pakistan, is criminally charged with conspiracy and securities fraud for insider trading based on information he received from Credit Suisse , who advised on the TxU deal.
Hafiz Muhammad Zubair Naseem, an investment banker with Credit Suisse Securities USA was also charged criminally with conspiracy and securities fraud earlier in the month.
Whether further charges could be forthcoming in the TxU insider trading scandal remains to be seen.
Governor Perry was involved in facilitating the TxU buyout, including the issuance of an executive order to instigate fast-track approval for TxU plant deals :
"Last year, after private meetings with TXU executives, Perry fast-tracked the permitting process for TXU's 11-plant expansion through an executive order, slashing the time frame in half, to six months. ..."
"The bottom line: Only Governor Perry and TXU, which stands to make a lot of money, are championing these plants. "
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