Guardian – 11 May, 2003
Bush ally set to profit from the war on terror
James Woolsey, former CIA boss and influential adviser to President George Bush, is a director of a US firm aiming to make millions of dollars from the 'war on terror', The Observer can reveal.
Woolsey, one of the most high-profile hawks in the war against
The first priority of Paladin was 'to invest in companies with immediate solutions designed to prevent harmful attacks, defend against attacks, cope with the aftermath of attack or disaster and recover from terrorist attacks and other threats to homeland security'.
Paladin, which is expected to have raised $300 million from investors by the end of this year, calculates that in the next few years the
The involvement of one of the most prominent hawks in
In 2001 US Defence Secretary Paul Wolfowitz sent Woolsey to
More recently Woolsey told CNN about Saddam's attempts to produce a genetically modified strain of anthrax. He told the
Little evidence was provided for the
One of Paladin's first investments was $10.5m in AgION Technologies, a firm devising anti-germ technology that it hopes will 'be the leader in the fight against bacterial attacks initiated by terrorists on unsuspecting civilian and military personnel'.
Woolsey is not alone among the members of the Pentagon's highly influential Defence Policy Board to profit from
The American watchdog, the Centre for Public Integrity, showed that nine of the board's members have ties to defence contractors that won more than $76bn in defence contracts in 2001 and 2002. Woolsey's fellow neo-conservative, Richard Perle, had to resign his chairmanship of the board because of conflicts of interest, although he remains a board member.
The hawks and their money
DICK CHENEY, Vice President
Cheney once ran oil industry giant Halliburton whose subsidiary, Kellogg Brown & Root, has won lucrative contracts in post-Saddam
DONALD RUMSFELD, Defence Secretary
Rumsfeld was a non-executive director of European engineering giant ABB when it won a £125m contract for two light water reactors to North Korea - a country he now regards as part of the 'axis of evil'. Rumsfeld earnt $190,000 (£118,000) a year before he joined the Bush administration.
An influential member of the Pentagon's Defence Policy Board, Perle is managing partner of venture capital company Trireme, which invests in companies dealing in products of value to homeland security. It sent a letter to Saudi arms dealer Adnan Kashoggi arguing that fear of terrorism would boost demand in Europe,
GEORGE SHULTZ, ex-Secretary of State
Shultz is on the board of directors of the Bechtel Group, the largest contractor in the
۱۳۸٥/۱٢/۱٠ - سيد کريم