Giuliani sells consulting firm to Macquarie

Land Line Magazine ^ | March 7, 2007 | David Tanner

[calcowgirl]

Republican presidential candidate Rudy Giuliani has sold his consulting firm to the Australian company involved in the 75-year lease of the Indiana Toll Road and the privatization of other U.S. infrastructure.

The New York Times reported that Macquarie Bank of Australia – parent company of Macquarie Infrastructure Group – has acquired Giuliani Capital Advisors.

Giuliani reportedly profited between $70 million and $90 million from the sale of the consulting and investment company he founded in 2004. A campaign spokeswoman said in a statement that the transaction was part of Giuliani’s plan to focus on his campaign.

Meanwhile, Macquarie continues to reign as a big player in the toll road business.

When Illinois and Indiana rolled out the red carpet to private investors, Macquarie and a Spanish company Cintra took them up on the invitation and shelled out billions.

The two companies combined in 2005 to pay the state of Illinois $1.83 billion to lease the eight-mile Chicago Skyway and keep the tolls for 99 years. The same consortium paid the state of Indiana $3.85 billion in 2006 for the rights to the 157-mile Indiana Toll Road.

In a move in January to broaden its investment base in the U.S., Macquarie snapped up 40 community newspapers in Texas and Oklahoma.

[calcowgirl]

Ping.

[John123]

Giuliani reportedly profited between $70 million and $90 million from the sale of the consulting and investment company he founded in 2004.

Man, Rudy is RICHER than President Bush. Oh the liberal wealth envy is never going to end...

[Calpernia]

Related:

http://www.freerepublic.com/focus/f-news/1796157/posts
Giuliani Partners to provide assistance regarding DNA embedded security solutions

[texastoo]

So Guiliani is in this up to his eyeballs. I guess it is all legal but why do I have the feeling that he would sell our souls to the devil?

I believe Giuliani has out done Hillary with her commodity investment. I wonder which one is the bigger crook?

[NorCalRepub]

...naw....they should both be on welfare.....Romney is worth a frigging $500 million....I'll bet John Kerry asks to borrow money from him.....

[narses]

+

Freep-mail me to get on or off my pro-life and Catholic Ping List:

Add me / Remove me

Please ping me to all note-worthy Pro-Life or Catholic threads, or other threads of interest.

Giuliani/Clinton/Dem vs. GOP Platform Comparison
Issue	Giuliani	Clinton	Dem Platform	GOP Platform
Abortion on Demand	Supports	Supports	Supports	Opposes
Partial Birth Abortion	Supports Opposed NY ban	Supports	Supports	Opposes
Roe v. Wade	Supports	Supports	Supports	Opposes
Taxpayer Funded Abortions	Supports	Supports	Supports	Opposes
Embryonic Stem Cell Research	Supports	Supports	Supports	Opposes
Federal Marriage Amendment	Opposes	Opposes	Opposes Defined at state level	Supports
Gay Domestic Partnership/ Civil Unions	Supports	Supports	Supports	Opposes
Openly Gay Military	Supports	Supports	Supports	Opposes
Defense of Marriage Act	Opposes	Opposes	Opposes	Supports
Amnesty for Illegal Aliens	Supports	Supports	Supports	Opposes
Special Path to Citizenship for Illegal Aliens	Supports	Supports	Supports	Opposes
Tough Penalties for Employers of Illegal Aliens	Opposes	Opposes	Opposes	Supports
Sanctuary Cities/ Ignoring Immigration Law	Supports	Supports	Supports	Opposes
Protecting 2nd Amendment	Opposes	Opposes	Opposes Supports bans	Supports
Confiscating Guns	Supports Confiscated as mayor. Even bragged.	Supports	Supports Supports bans	Opposes
'Assault' Weapons Ban	Supports	Supports	Supports
Frivolous Lawsuits Against Gun Makers	Supports Filed One Himself	Supports		Opposes
Gun Registration/Licenses	Supports	Supports		Opposes
War in Afghanistan	Supports	Supports Voted for it	Supports	Supports
War in Iraq	Supports	Supports Voted for it	Supports Weak support	Supports
Patriot Act	Supports	Supports Voted for it 2001 & 2006	Opposes	Supports

"Most of Clinton's policies are very similar to most of mine." - Rudy Giuliani

Freedom is about authority. Freedom is about the willingness of every single human being to cede to lawful authority a great deal of discretion about what you do and how you do it.
Rudy Giuliani

We don't have to accept liberal Rudy. There are other options. This fellow may be the best one:







"How can I help?"

Get informed: Duncan Hunter on the Issues

Sign up: Freepmail me to join the Duncan Hunter Pinglist

Or Freepmail seanmerc to join the Veterans for Hunter Pinglist

Put your money where your values are: Contribute to Duncan Hunter's Presidential Campaign

Help spread the word: Purchase "Hunter for President" items. Proceeds go to the Hunter campaign.

[John123]

Ok I'll bite, how did Romney get his money?

[StormEye]

"Giuliani reportedly profited between $70 million and $90 million from the sale of the consulting and investment company he founded in 2004."

Hmmm.....

[NorCalRepub]

He started Bain Capital, a venture capital firm..

[zarf]

"Giuliani reportedly profited between $70 million and $90 million

Unfortunately, I think the settlement with his last wife was equal to the gross national product of the US from 1932 to 2006.

[Doe Eyes]

I believe Giuliani has out done Hillary with her commodity investment. I wonder which one is the bigger crook?

Don't you just hate rich people?

There should be a law against making too much money!

[isthisnickcool]

When Illinois and Indiana rolled out the red carpet to private investors, Macquarie and a Spanish company Cintra took them up on the invitation and shelled out billions.

Cintra is the same company that Texas has been dealing with for the Trans-Texas Corridor garbage. This should read private FOREIGN investors.

Anyone get the feeling that we long ago lost what the founders created?

I don't regret Guiliani making money but did he really DO anything after 9/11 but clean the mess up? And for that he gets major bucks and a shot at the presidency? Seems to me that like Bush and his millions off the taxpayers for Texas stadium almost all these people have gotten rich off the taxpayers in some way. Just the fact that Rudy has done a deal with Cintra takes him off my list.

Gore, Clintons, Bush, etc. all multi-millionaires. For what? "Public service". Yea, sure.

[John123]

He started Bain Capital, a venture capital firm.

Thanks man.

[doc1019]

Giuliani is a democrat in (sheep’s) republican clothing. I would not vote for him if my very life depended on it.

[calcowgirl]

It's the new craze(R)! Don't raise taxes, borrow up the ying-yang, and sell off (or lease out) revenue producing assets to private (foreign) investors for large lump-sum amounts to fund government. All under the guise of "public private partnerships." Big-business "partnered" with government will quickly destroy sovereignty and individual rights, IMO. But in the meantime, bankers, politicians, and international 'financiers' are getting along quite well.

[NormsRevenge]

Big-business "partnered" with government will quickly destroy sovereignty and individual rights,


How Third Waysian.. Thanks for posting.

[Alter Kaker]

He started Bain Capital, a venture capital firm.

Sorry, that's a bit incorrect. Romney got his vast fortune the old fashioned way -- he inherited it. Baine Capital increased the size of his fortune, but his Dad was insanely wealthy to begin with.

[texastoo]

There should be a law against making too much money!

I am sure there wasn't any insider knowledge on either Giuliani nor Hillary. LOLOLOLOOL Yeah, right!!!!!!!!! Do you really think these politicians are on the up and up? Giuliani just happens to sell his 3 year old consulting firm to a Spanish bank that will be collecting taxes, tolls, from Texans for the next 50 years. I'll bet his fingernails are bleeding from working so hard with a pencil. Giuliani's lobbying firm of Bracwell and Giuliani will b e on the side of the toll road in the eminent domain cases agains the taxpayers. Nice work if you can get it.

[calcowgirl]

Actually, he sold it to Macquarie (the Aussies), vs. Cintra (the Spaniards).
--same idea, though.

Of course, one wonders who the real investors in these firms are.
One thing for sure, they are becoming the new overlords.