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Is Carlyle Group at heart of DPW deal? Posted: March 3, 2006 1:00 a.m. Eastern © 2006 WorldNetDaily.com What does Dubai Ports World have in common with CSX, Treasury Secretary John Snow, and the Bush Family? The Carlyle Group is the answer currently gaining ground on the Internet. What once seemed the propaganda ramblings of none other than "Fahrenheit 911's" Michael Moore may end up becoming the subject of the Senate's upcoming investigation into what Washington insiders are beginning to call the "Dubai Debacle." As reported in the Guardian as early as 2001, Bush '41 and '43 have been connected...

President George W. Bush’s appointed U.S. Secretary of the Treasury John Snow has a direct link to Dubai Ports World, the state-owned company in the United Arab Emirates poised to take over shipping operations at six major U.S. seaports in early March. Snow was chairman and chief executive officer of CSX Corporation when nominated by Bush to serve as U.S. Secretary of the Treasury on December 9, 2002. On December 8, 2004 Dubai Ports International (Dubai Ports) purchased CSX for US$1.15-billion. The transaction, underwritten by Deutsche Bank, was expected to be completed in the first quarter of 2005.

Dubai Ports International to Acquire CSX Corporation’s International Terminal Business Dubai, Hong Kong, Jacksonville, FL, 9 December 2004 - Dubai Ports International (“DPI”), one of the world’s leading port operators, announces that it has signed a definitive agreement with CSX Corporation (NYSE: CSX) to acquire the international terminal business conducted by CSX World Terminals (“the Company”) and other related interests for a cash consideration of US$1.15 billion, subject to customary adjustments. The transaction will be financed from a committed facility arranged and underwritten by Deutsche Bank. Completion of the transaction is expected to take place in the first quarter of...

21:45 EST Wednesday, December 08, 2004 DUBAI, HONG KONG and JACKSONVILLE, Fla., Dec. 8 /PRNewswire-FirstCall/ -- Dubai Ports International ("DPI"), one of the world's leading port operators, announces that it has signed a definitive agreement with CSX Corporation (NYSE: CSX) to acquire the international terminal business conducted by CSX World Terminals ("the Company") and other related interests for a cash consideration of US$1.15 billion, subject to customary adjustments. The transaction will be financed from a committed facility arranged and underwritten by Deutsche Bank. Completion of the transaction is expected to take place in the first quarter of 2005 CSX World...

JACKSONVILLE, Fla. -- Railroad company CSX Corp., which earlier this week announced it will cut up to 1,000 nonunion employees, recently agreed to buy $1 million worth of 2005 Super Bowl tickets. The Super Bowl ticket deal would help the city prepare for the high-profile event and continue to show the Jacksonville-headquartered company's stewardship in the community, CSX Vice President Adam Hollingsworth said Wednesday. The tickets were provided by an organization called Jacksonville XXXIX, which is selling corporate ticket packages to raise funds to finance improvements to Alltel Stadium before the championship game. The company would use the tickets to...

States seeking speedier rail route through N.C., Virginia The Associated Press June 23, 2003   12:20 pm RALEIGH, N.C. -- State officials this week begin answering questions about a project to rebuild a largely abandoned rail corridor north of Raleigh needed for interstate high-speed passenger rail service.The rail corridor between Raleigh and Petersburg, Va., is essential to a $2.6 billion plan to make train travel from Charlotte to Washington a viable alternative to driving or flying.Amtrak trains now take a roundabout route from Petersburg to Raleigh via Rocky Mount, Wilson and Selma at speeds of up to 79 mph....