Carter Beese

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Person.png Carter Beese
(banker, businessman)
Carter Beese.jpg
Born Jun. 4, 1956
Died Apr. 8, 2007 (Age 50)
California
Alma mater Rollins College
Victim of premature death

J. Carter Beese, Jr. was a US banker with connections to the Bush family. He was a veteran of Alex. Brown & Sons over most of a 20-year span, and was a pivotal figure in the founding of the Carlyle Group. George H. W. Bush appointed him an SEC commissioner in 1992. In 2007 he died in California, aged 50. It was ruled a suicide.[1]

Career

Beese began his career with Alex. Brown & Sons in 1978, directly after graduating from Rollins College in Florida, where he had befriended Marvin Bush. Beese apparently became the protege of Alexander Brown's chief executive Buzzy Krongard.

Beese's contacts with the Bush networks go back at least as far as 1980, when he was the financial co-chairman of George H. W. Bush's failed Presidential bid. It was at that time that Beese is said to have met Bush's Texas friend Joe Allbritton just as Allbritton was buying into Riggs Bank. Bush had previously become director of Allbritton's Houston Interstate Bank after leaving his post as Director of the Central Intelligence Agency (CIA) in 1976. Allbritton would eventually control 41% of Riggs' stock, and Beese would become a Riggs executive in 1998.

By 1987, at the age of 30, Beese had become a principal of the Brown firm. In 1988, Riggs Bank, under the direction of Jonathan Bush and Carter Beese purchased a controlling interest in a Swiss company named Valmet.[2]

Carter Beese was a "key member" of "Diligence and its sister company New Bridge [which] would demonstrate the Western political and financial muscle working with the Yeltsin family".[2]

Beese had been a member of the President's Information Technology Advisory Committee since 2003.[3]

In June 2006 he was appointed an independent director of SafeNet Inc.[3]

Death

Carter Beese headstone.jpg

In April 2007, Beese reportedly "ended his life Sunday at a home in Malibu, California". His family report that he was being treated for depression.[3]



References

Facts about "Carter Beese"
Born on4 June 1956 +
ConstitutesBanker + and Businessman +
Died on8 April 2007 +
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Display died on8 April 2007 +
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Has deathPlaceCalifornia +
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Carter Beese +