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In reply to the discussion: Who are we fighting in Afghanistan? [View all]Octafish
(55,745 posts)The story follows one Richard (PNAC/Another Pearl Harbor) Perle. Just after September 11 and the Washington-Wall Street axis of war profiteering was heating up, Perle hit up Adnan (Iran-Contra/BCCI) Khashoggi for $100 million to make his new "Trireme Partnerships" private disaster investment bank take off.
Khashoggi's money would help launch the Carlyle Group-like investment group Perle founded. The petromoney was not for arms, directly. It was for investing in companies that were going to be making a killing off of homeland security related areas.
Interesting selling point: Perle already had secured financing from in from Boeing and some other bigwigs like Henry Kissinger.
One of the most important articles The New Yorker ever published:
Lunch with the Chairman
by Seymour M. Hersh
17 March 2003
At the peak of his deal-making activities, in the nineteen-seventies, the Saudi-born businessman Adnan Khashoggi brokered billions of dollars in arms and aircraft sales for the Saudi royal family, earning hundreds of millions in commissions and fees. Though never convicted of wrongdoing, he was repeatedly involved in disputes with federal prosecutors and with the Securities and Exchange Commission, and in recent years he has been in litigation in Thailand and Los Angeles, among other places, concerning allegations of stock manipulation and fraud. During the Reagan Administration, Khashoggi was one of the middlemen between Oliver North, in the White House, and the mullahs in Iran in what became known as the Iran-Contra scandal. Khashoggi subsequently claimed that he lost ten million dollars that he had put up to obtain embargoed weapons for Iran which were to be bartered (with Presidential approval) for American hostages. The scandals of those times seemed to feed off each other: a congressional investigation revealed that Khashoggi had borrowed much of the money for the weapons from the Bank of Credit and Commerce International (B.C.C.I.), whose collapse, in 1991, defrauded thousands of depositors and led to years of inquiry and litigation.
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 countrys 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. Triremes 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.
CONTINUED...
http://www.newyorker.com/archive/2003/03/17/030317fa_fact
A bit on the new TRIREME business...
At Hollinger, Big Perks in A Small World
By Steven Pearlstein
Wednesday, November 19, 2003; Page E01
It's amazing the coincidences you find digging into Hollinger International, the publishing empire that includes Chicago's Sun-Times and London's Daily Telegraph and is quickly slipping from Conrad Black's control.
Let's start with the board of directors, which includes Barbara Amiel, Conrad's wife, whose right-wing rants have managed to find an outlet in Hollinger publications.
And there's Washington superhawk Richard Perle, who heads Hollinger Digital, the company's venture capital arm. Seems that Hollinger Digital put $2.5 million in a company called Trireme Partners, which aims to cash in on the big military and homeland security buildup. As luck would have it, Trireme's managing partner is none other than . . . Richard Perle.
Perle, of course, has been pushing hard for just such a military buildup from his other perch at the Pentagon's secretive and influential Defense Policy Board, where there are a number of other Friends of Hollinger.
CONTINUED (archived nowadays)...
http://www.highbeam.com/doc/1P2-309818.html
Where's Justice? Where's Democracy? Who cares!? The to-bomb list grows longer every day. It's why I keep bringing up Dallas and the Flock shifts discussion to the trivial.
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