Revolving Door Keeps Spinning: Former FCC Head Hired By Carlyle Group

by Sarah Lazare
Common Dreams
Jan. 08, 2014

President and CEO Craig Aaron, "The revolving door never seems to stop spinning at the Federal Communications Commission."

Just half a year after resigning his 4-year post as chairman of the FCC, Julius Genachowski has joined the famously shadowy private equity firm Carlyle Group, known by some as the "ex-presidents' club."

Genachowski will "focus on investments in global technology, media and telecom, including Internet and mobile," reads a Carlyle Group statement released Monday announcing Genachowski's position.

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