[lbo-talk] Black Budget 'Startups'

Leigh Meyers leighcmeyers at gmail.com
Wed Feb 15 07:54:04 PST 2006


The New York Times

February 15, 2006 Reconstruction Quick Rise for Purveyors of Propaganda in Iraq By DAVID S. CLOUD

WASHINGTON, Feb. 14 — Two years ago, Christian Bailey and Paige Craig were living in a half-renovated Washington group house, with a string of failed startup companies behind them.

Mr. Bailey, a boyish-looking Briton, and Mr. Craig, a chain-smoking former Marine sergeant, then began winning multimillion-dollar contracts with the United States military to produce propaganda in Iraq.

Now their company, Lincoln Group, works out of elegant offices along Pennsylvania Avenue and sponsors polo matches in Virginia horse country. Mr. Bailey recently bought a million-dollar Georgetown row house. Mr. Craig drives a Jaguar and shows up for interviews accompanied by his "director of security," a beefy bodyguard.

The company's rise, though, has been built in part by exaggerated claims about its abilities and connections, according to interviews with more than a dozen current and former Lincoln Group employees and associates, and a review of company documents.

In collecting government money, Lincoln has followed a blueprint taught to Mr. Bailey by Daniel S. Peña Sr., a retired American businessman who described Mr. Bailey as a protégé. [...Long Link... No Flash Ad...]

http://www.nytimes.com/2006/02/15/politics/15lincoln.html?ei=5088&en=c94151026c6df8e8&ex=1297659600&adxnnl=0&partner=rssnyt&emc=rss&adxnnlx=1140016756&pagewanted=print

Leigh www.leighm.net http://leighmdotnet.blogspot.com/



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