http://www.washingtonpost.com/wp-dyn/content/article/2005/05/25/AR2005052501427.htmlFormer Secretary of State Colin L. Powell has joined a group of Washington-based investors led by Fred Malek and Jeffrey Zients which is trying to buy the Washington Nationals.
In a statement released by the investment group, Powell, 68, said, "In Washington, we have the opportunity to reinvigorate this city and bring baseball back to a generation of youth who have lost their connection to our nation's pastime. I'm encouraged by baseball's efforts to diversify its ranks and its reach, and the Washington Baseball Club shares that commitment to making this team accessible to every Washingtonian. I am very impressed by the strong WBC team led by Fred Malek and Jeff Zients and their vision for a world-class baseball organization."
The Malek-Zients group, known for the past six years as the Washington Baseball Club, announced two other additions today: Dennis W. Bakke, co-founder and CEO emeritus of Arlington-based AES Corporation, a leading energy supplier; and David A. Donnini, principal at GTCR Golder Rauner, a Chicago-based investment firm that manages private equity funds.
Powell was secretary of state under President Bush from 2001 to this January. He was chairman of the Joint Chiefs of Staff in the administrations of Presidents George H.W. Bush and Bill Clinton. He also served as national security adviser under President Ronald Reagan and in the first Bush administration.