Cerberus Capital Management
Cerberus Capital Management LP is large privately owned hedge fund. The firm is based in New York, N.Y., and run by 45-year-old financier Steve Feinberg.
Former Vice President Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.Founded in 1992, Cerberus invests primarily in companies which are near bankruptcy and hopes to make the businesses it acquires profitable.
The company has been a voracious acquirer of businesses over the past several years and now includes sizeable investments in sportswear, paper products, military services, real estate, energy, retail, glassmaking, transportation, and building products, Its holdings amounted to $16 billion in 2005.
On October 19, 2006, John W. Snow, President George W. Bush's second United States Secretary of the Treasury, was named chairman of Cerberus.
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Government Services(Military, Energy, and Food&Drug)— owns IAP Worldwide Services, which bought Johnson Controls' World Services division in February 2005, and Netco Government Services. Related Apparently, there's isn't enough war profiteer pie to go around for Bush administration officials. Cheney's KBR is going up against former Treasury Secretary John Snow's IAP:
WASHINGTON: A small defence contractor now controlled by a former Bush administration cabinet secretary is taking on Halliburton Co by bidding for one of three US Army contracts worth up to $50bn each to provide food and shelter to US troops in Iraq and Afghanistan. Within days of former US Treasury Secretary John Snow becoming chairman of the New York hedge fund that owns IAP Worldwide Services Inc, the company submitted its bid for huge US Army contracts that will be awarded by year-end. Cerberus Capital Management LP owns Cape Canaveral, Florida-based IAP, which is led by former executives from Halliburton subsidiary Kellogg, Brown & Root. KBR is currently the US Army's sole contractor for providing food and shelter to the military in Iraq and Afghanistan.
But the Army now wants multiple contractors for these services and KBR is bidding again. Some defence analysts are predicting both KBR and IAP, which is run by former KBR executives, will each win one of the 10-year deals that start in 2007.
http://www.firedoglake.com/2006/11/11/targeting-war-profiteers-in-2007/