Cerberus was aptly named for the dog that guards the gates of Hades (Hell). It was founded by Trump mega-donor Steve Feinberg, CEO, and William Richter, Sr. Managing Director, in 1992. Bush Sr. VP Dan Quayle is Chairman of Global Investments. Cerberus feeds at the taxpayer trough of housing subsidies for the poor and military contracts.
The Memphis Housing Authority has paid Cerberus owned entities over $5.3 million for low income rental subsidies during the last two years. Additionally, Cerberus owned properties had high rates of code violations. See: “Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner“, 12/25/2018, Washington Post, https://archive.is/QAWst
“Cerberus is named after the mythological three-headed dog that guarded the gates of Hades. …
Dan Quayle, former Vice President of the United States 1989–1993, who served with former President George H. W. Bush, joined Cerberus in 1999 and is chairman of the company’s Global Investments Division. https://en.wikipedia.org/wiki/Cerberus_Capital_Management
Trump large donor, Stephen A. Feinberg “is co-founder and chief executive officer (CEO) of Cerberus Capital Management. As of April 2016, his net worth is US$1.25 billion. On May 11, 2018, U.S. President Donald Trump named Feinberg to head the President’s Intelligence Advisory Board.…
Cerberus is the parent company of DynCorp, which is a major national security contractor with the U.S. government.
Feinberg is a major Republican donor. In 2016, he served on the Trump Economic Advisory Council during Donald Trump’s presidential campaign, donated nearly $1.5 million to pro-Trump PACs, and co-hosted a $50,000 per person Republican National Committee and Trump fundraising dinner alongside other financiers. In February 2017, the New York Times reported that President Trump will assign Feinberg a role in the White House leading a review of the US intelligence agencies.
He is a member of The Business Council in Washington, DC, an association of chief executive officers from a broad range of companies who meet several times a year for high-level policy discussions. ,,,”
1. ^ Das, Anupreeta; Timiraos, Nick. “Donald Trump’s Financial Advisory Team Stocked With Wall Streeters”. The Wall Street Journal.
2. ^ Forbes: The World’s Billionaires – Steve Feinberg
3. ^ Epstein, Jennifer (May 11, 2018). “Trump Chooses Cerberus’s Stephen Feinberg to Lead Spy Advisory Panel”. Bloomberg News.
4. ^ Times of Israel: “Trump wants Jewish billionaire to vet spy agencies – reportAs ties fray between White House and intelligence services, Bannon-Kushner associate Stephen A. Feinberg said being considered to lead review” by Sue Surkes February 16, 2017
5. ^ Eytan Avriel, “A shy wunderkind, Stephen Feinberg”, Haaretz, 16.11.2005
6. ^ Upstart Business Journal: “The Most Dangerous Deal in America” by Daniel Roth August 13, 2007
7. ^ “For Private Equity, a Very Public Disaster”. The New York Times. August 9, 2009.
8. ^ a b Roth, Daniel. “The Most Dangerous Deal in America”. Upstart Business Journal.
17. ^ Ken Dilanian, Peter Alexander: Trump Asks Billionaire Steve Feinberg To Review Intel Agencies – NBC News, 16 Feb 2017
18. ^ McDonald, Duff (October 24, 2007). “The Dog That Roared”. New York Magazine. Retrieved August 6, 2016.
19. ^ Kirsch, Noah (February 4, 2017). “Meet Stephen Feinberg, The Billionaire Reportedly Slated To Review US Intelligence Agencies”. Forbes. Retrieved December 13,2017.
20. ^ Stevenson, Alexandra (June 16, 2016). “A Who’s Who of Financiers Is Expected at Trump’s New York Fund-Raiser”. New York Times. Retrieved December 13, 2017.
21. ^ Risen, James; Rosenberg, Matthew (February 15, 2017). “White House Plans to Have Trump Ally Review Intelligence Agencies”. The New York Times.
22. ^ “Active Member Directory”. The Business Council. Retrieved December 13, 2017.
23. ^ “Amazon’s Jeff Bezos appointed chairman of Washington-based Business Council”. Washington Post. Retrieved 2017-08-12.”