Huffpost Business

Michael Huffington, Former GOP Congressman, Sues Carlyle Group Over $20M In Mortgage Fund Losses

Posted: Updated:

Michael Huffington, the wealthy former Republican congressman from California, is suing the Carlyle Group and its co-founder, David Rubenstein, over misrepresentations and deceptions Huffington claims they made regarding his $20 million investment loss in Carlyle Capital Corp., Carlyle's failed publicly traded mortgage fund.

Read the whole story at

Around the Web

The Carlyle Group

Carlyle Group - Wikipedia, the free encyclopedia

Carlyle group urges fast approval of bailout so it can help ...

The New Evil Empire: Sovereign Wealth Funds