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Carlyle Capital's ills rattle world markets

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The sell-off of Carlyle Capital's assets would be a huge setback for the Carlyle Group, based in Washington, D.C. Carlyle Capital, registered in Britain but managed by executives in New York, was the first of its 55 funds to go public and the first of the group's funds to lose money.

Carlyle Group said the defaults would not affect its other investments.

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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