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Boeing Payoff to Richard Perle - Trireme Revealed
    by URI DOWBENKO

Boeing Payoff to Richard Perle - Trireme Revealed Crony capitalist Richard "Prince of Darkness" Perle just can't get enough of that Corporate-Government trough.

In March, Perle resigned as chairman of the Pentagon's Defense Policy Board after questions were raised about his lobbying efforts on behalf of disgraced and fraud-riddled Global Crossing and Loral.

In December, it was revealed that Perle lobbied on behalf of Boeing for an $18 billion government contract to provide tankers to the Pentagon. In exchange, Boeing made a $20 million "investment" in Perle's so-called venture capital/ slush fund called Trireme Partners.

Perle, a connected longtime Bush Cabalist, is also on the board of directors of Hollinger International Inc., the media firm whose chief executive, Conrad Black, resigned last month after it was revealed that Black and his cohorts were skimming millions of dollars from corporate coffers.

Coincidentally Hollinger also revealed that it "invested" $2.5 million in Trireme Associates.

Perle's disingenuous August column in the Wall Street Journal argued for the Boeing deal, in which the Air Force would lease 100 tankers.

 It was not disclosed that Perle had a substantial financial commitment from Boeing to publicly promote the project.

In the WSJ promo disguised as an op-ed piece, Perle and Thomas Donnelly, both members of the Bush Cabalist American Enterprise Institute whined that the deal was being held up.

Perle never disclosed the fact that Boeing had "invested" $20 million in mid-2002 in Trireme Partners, one of the largest early stakes taken in the fund.

According to the Financial Times, Perle denied his role in the payoff, saying "that Trireme's relationship with Boeing was handled by Gerald Hillman, a partner in the fund, who is also a Defence Policy Board member."

Meanwhile, Boeing dismissed two executives for "misconduct" in this proposed $20 billion contract for tanker aircraft.

On Nov. 24, Boeing fired Michael Sears, the chief financial officer, and Darleen Druyun, a vice president, who was the chief air force negotiator on the project before joining Boeing last January.

On December 1, Philip Condit, Boeing's chief executive, resigned.

Does Richard Perle get to keep his millions in payoff loot?

There have been no indictments yet. The Prince of Darkness still walks free.

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