New York State prosecutors and the Securities and Exchange Commission are investigating whether the Carlyle Group made millions in improper payments to intermediaries in exchange for investments from New York's state pension fund, NYT reports, citing two people with direct knowledge of the case.
Of course, this is old news to EPJ readers. I reported on the bribes being paid, a month ago.
It will be interesting to see if Carlyle's David Rubenstein will be able to get the investigation shut down.
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