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Friday, December 05, 2003
Perle's a swine.
How long before a reporter (remember those?) puts a little time into looking into the complete dealings of Richard Perle.
Via TPM:
Exibit one: Khashoggi is still brokering. In January of this year, he arranged a private lunch, in France, to bring together Harb Saleh al-Zuhair, a Saudi industrialist whose family fortune includes extensive holdings in construction, electronics, and engineering companies throughout the Middle East, and Richard N. Perle, the chairman of the Defense Policy Board, who is one of the most outspoken and influential American advocates of war with Iraq.
The Defense Policy Board is a Defense Department advisory group composed primarily of highly respected former government officials, retired military officers, and academics. Its members, who serve without pay, include former national-security advisers, Secretaries of Defense, and heads of the C.I.A. The board meets several times a year at the Pentagon to review and assess the country’s strategic defense policies.
Perle is also a managing partner in a venture-capital company called Trireme Partners L.P., which was registered in November, 2001, in Delaware. Trireme’s main business, according to a two-page letter that one of its representatives sent to Khashoggi last November, is to invest in companies dealing in technology, goods, and services that are of value to homeland security and defense. The letter argued that the fear of terrorism would increase the demand for such products in Europe and in countries like Saudi Arabia and Singapore.
Exibit two: Boeing has taken a $20m stake in an investment fund run by Richard Perle, a top Pentagon adviser, underlining the close links it has built to Washington's defence establishment.
[snip]
Boeing said it made the investment in Trireme Partners last year as part of a broad strategy to invest in companies with promising defence-related technologies.
Mr Perle was appointed by defence secretary Donald Rumsfeld in 2001 to chair the Defence Policy Board, a group of former generals and security experts. Although the members are not official government employees, they meet regularly with Mr Rumsfeld and his deputy Paul Wolfowitz. Trireme's board of advisers until recently included Henry Kissinger, another Defence Policy Board member.
Boeing said it had no knowledge that Mr Perle had advised the company on a controversial $18bn deal to lease refueling aircraft tankers to the US Air Force, or other Pentagon-related matters.
Exibit three via The Nation: Hollinger International Inc. invested in a venture-capital fund and a conservative magazine linked to outside directors Richard N. Perle and Henry A. Kissinger, raising new questions about the board's independence in the wake of a widening financial scandal.
According to company filings and people familiar with the situation, Hollinger invested $2.5 million in a venture-capital firm that was co-managed by Mr. Perle and listed Mr. Kissinger as a board member.
Hollinger, a Chicago-based media company that owns the U.K.'s Telegraph Group, the Chicago Sun-Times and the Jerusalem Post, also invested $14 million in a British technology company that includes Mr. Perle and his business partner as shareholders. In addition, Hollinger gave $200,000 a year to the National Interest, a conservative publication that includes Mr. Perle, Mr. Kissinger and Hollinger's former chief executive, Conrad Black, as advisers.
There isn't any indication that any of the directors, including Messrs. Perle and Kissinger, did anything illegal. And neither Mr. Perle nor Mr. Kissinger served on Hollinger's audit or compensation committees. But the payments highlight the subtle financial relationships between companies and otherwise independent directors. And the payments take on a starker light in the wake of investor accusations that the board stood by while Hollinger made large payments to Lord Black, who resigned as CEO last month, despite the company's flagging share price
Richard's been a busy boy, hasn't he? And quite a naughty one, I might add.....
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