Hollinger examines Perle investments

http://www.msnbc.com/news/994612.asp?cp1=1

Hollinger International is examining investments that were made by Richard Perle, a director on the publisher’s board and prominent defense advisor, on behalf of the company.

THE INVESTIGATION IS part of a wider internal probe at the publisher of the Daily Telegraph and Chicago Sun-Times into some of the company’s corporate governance practices, including the payment of nearly $300 million in management fees to Conrad Black, chief executive and chairman, and his deputies.

That probe, which is being lead by former Securities and Exchange Commission chairman Richard Breeden, is wide-ranging and involves close scrutiny of so-called “related-party transactions,” or deals in which members of Hollinger’s board or executives personally benefited from deals the publisher agreed with other companies.

One transaction that caught the attention of some Hollinger investors was a $2.5 million investment earlier this year in Trireme Partners, a venture-capital company in which Mr. Perle, an independent director, is a managing partner.

Mr. Perle has also played a prominent role in the late 1990’s and early 2000 in directing investments in other companies through Hollinger Digital, Hollinger’s investment arm.

Under review is a $14 million investment the company made under Mr. Perle’s direction through Hillman Capital, a venture-capital group controlled by Gerald Hillman — who has since become a partner at Trireme and is a member of the U.S. Defense Policy Board, as was Mr. Perle.

...more...

(who was it that sang that song: "The Heat is On"?)

And I hope that somehow this will Frey..Fry Perle that arrogant jerk.

Tied up in the story last winter/spring, broken by Sy Hersh of the New Yorker - about how the Chair of the Defense Policy Board (with insider info) - set up a new 'investment advising firm' focusing on 'home land security' opportunities. The story reaked of conflict of interest and led to his resignation of the chair of the DPB - but he didn't resign from the DPB.

Wonder if this story (if picked up) will loop back to the other story.

I knew it rang a bell.

But yes, that rings a bell for me as well...

http://www.newyorker.com/fact/content/?030317fa_fact

LUNCH WITH THE CHAIRMAN
by SEYMOUR M. HERSH
Why was Richard Perle meeting with Adnan Khashoggi?
Issue of 2003-03-17


Definitely worth a reread to see how much old Sy got right.

Breeden is the former SEC commissioner who cleared George W. of insider trading at Harken. He was a Bush I appointee.

He's a Bush FIXER.

this is the second time these players connected in this way have surfaced. Maybe now someone will catch on.

International investors viewing the sprawling cesspool of the US corporate world seem to be getting timider and timider about putting their money in the murk.

x

Perle still gets massive press coverage for his diastrous bullshit policy pronouncements even though he was proven completely and fatally wrong in Iraq. Americans are greeted with jubilation in Iraq as he predicted, but only when they are killed.

This guy reflects the alliance between defense contractors, oil interests and Israel. Until that power block is toppled from the throne, he isn't going anywhere.

http://usinfo.state.gov/regional/nea/iraq/press/0502perle.htm

2 May 2003
"Relax, Celebrate Victory," By Richard Perle

Richard Perle op-ed article in USA Today

From start to finish, President Bush has led the United States and its coalition partners to the most important military victory since World War II. And like the allied victory over the axis powers, the liberation of Iraq is more than the end of a brutal dictatorship: It is the foundation for a decent, humane government that will represent all the people of Iraq.

This was a war worth fighting. It ended quickly with few civilian casualties and with little damage to Iraq's cities, towns or infrastructure. It ended without the Arab world rising up against us, as the war's critics feared, without the quagmire they predicted, without the heavy losses in house-to-house fighting they warned us to expect. It was conducted with immense skill and selfless courage by men and women who will remain until Iraqis are safe, and who will return home as heroes.

<snip>

Iraqis are freer today and we are safer. Relax and enjoy it.



What is this guy smoking and why can't the rest of us have some?

Powell let the cat out of the bag during an interview a week or two ago. They are all on Ambien.

Must be powerful stuff.

Ambien, it's not your father's Halcyon?

But I can understand that fascism may be an indelicate term among our sensitive fascist brethren.

The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, IS Fascism --Franklin Delano Roosevelt

Perle will be due a bonus!

...in United airlines on 9-11-01 :grr:

Have the one that really run thing finally had enough of the Prince of Darkness? This could get interesting.


Here's a who's who of some of the folks involved in this thing:

The leading 'quality' newspaper in the UK is The Daily Telegraph. This is owned through the Hollinger Group by the Canadian, Conrad Black. The group owns more than 200 newspapers and magazines in the United Kingdom, the United States, Canada, and Israel. Conrad Black is a member of the elite Steering Committee of the Bilderberg Group, a Trilateralist, and a member of the Institute for Strategic Studies. The senior international advisors to the Hollinger Group are Henry Kissinger (CFR. TC. Bil. RIIA) and Lord Carrington (TC, RIIA, Bil). Some members of the Hollinger International Supervisory Board are Zbigniew Brzezinski (CFR, TC, Bil); Giovanni Agnelli (Bil, Black Nobility); David Brinkley, news commentator with ABC News; Paul Volcker (CFR, TC, Bil), the chairman of the Federal Reserve Board responsible for Reaganomics and Thatcherism; Lord Rothschild, chairman of Rothschild Holdings; and Lord Hanson, chairman of Hanson plc. On the board of The Daily Telegraph is Evelyn de Rothschild, chairman of the N.M. Rothschild merchant bank. N.M. Rothschild are merchant bankers to the Hollinger Group to complete the cosy relationship.

http://www.commondreams.org/headlines03/0507-03.htm

Consulting and Policy Overlap
Advisor Perle Has Given Seminars on Ways to Profit from Possible Conflicts Discussed by Defense Board He Sits On
by Ken Silverstein and Chuck Neubauer
WASHINGTON — In February, the Defense Policy Board, a group of outside advisors to the Pentagon, got a classified presentation from the super-secret Defense Intelligence Agency on crises in North Korea and Iraq.
Three weeks later, the then-chairman of the board, Richard N. Perle, offered a briefing of his own at an investment seminar on ways to profit from possible conflicts with both countries.