Salon: George Tenet cashes in on Iraq

[babylonsister]

http://www.salon.com/news/feature/2007/05/07/tenet_money/?source=whitelist

George Tenet cashes in on Iraq

The former CIA chief is earning big money from corporations profiting off the war -- a fact not mentioned in his combative new book or heard on his publicity blitz.

By Tim Shorrock


May 7, 2007 | If you go by the book jacket of his new memoir, "At the Center of the Storm," George Tenet is enjoying the life of a retired government servant teaching at Georgetown University, where he was appointed to the faculty in 2004. The former CIA director played up the academic image when he kicked off the recent media blitz for his new book by doing an interview for CBS's "60 Minutes" from his spacious, book-lined office at the university. His academic salary, and the reported $4 million advance he received from publisher HarperCollins, should provide the former CIA director with more than enough money to live comfortably for the rest of his days and leave a substantial fortune to his children.

But those monies are hardly Tenet's entire income. While the swirl of publicity around his book has focused on his long debated role in allowing flawed intelligence to launch the war in Iraq, nobody is talking about his lucrative connection to that conflict ever since he resigned from the CIA in June 2004. In fact, Tenet has been earning substantial income by working for corporations that provide the U.S. government with technology, equipment and personnel used for the war in Iraq as well as the broader war on terror.

When Tenet hit the talk-show circuit last week to defend his stewardship of the CIA and his role in the run-up to the war, he did not mention that he is a director and advisor to four corporations that earn millions of dollars in revenue from contracts with U.S. intelligence agencies and the Department of Defense. Nor is it ever mentioned in his book. But according to public records, Tenet has received at least $2.3 million from those corporations in stock and other compensation. Meanwhile, one of the CIA's largest contractors gave Tenet access to a highly secured room where he could work on classified material for his book.

Tenet sits on the board of directors of L-1 Identity Solutions, a major supplier of biometric identification software used by the U.S. to monitor terrorists and insurgents in Iraq and Afghanistan. The company recently acquired two of the CIA's hottest contractors for its growing intelligence outsourcing business. At the Analysis Corp. (TAC), a government contractor run by one of Tenet's closest former advisors at the CIA, Tenet is a member of an advisory board that is helping TAC expand its thriving business designing the problematic terrorist watch lists used by the National Counterterrorism Center and the State Department.

Tenet is also a director of Guidance Software, which makes forensic software used by U.S. law enforcement and intelligence to search computer hard drives and laptops for evidence used in the prosecution and tracking of suspected terrorists. And Tenet is the only American director on the board of QinetiQ, the British defense research firm that was privatized in 2003 and was, until recently, controlled by the Carlyle Group, the powerful Washington-based private equity fund. Fueled with Carlyle money, QinetiQ acquired four U.S. companies in recent years, including an intelligence contractor, Analex Inc.

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[Lobster Martini]

1. The only good thing to be said about Tenet...

The only good thing to be said about Tenet is that he's the only director of the CIA whose surname is a palindrome.

[shain from kane]

3. Like the first words spoken, "Madam, I'm Adam."

Of course, the second words were, "Stand back. I'm not sure how big this thing is going to get." (Just some old jokes.)

[shain from kane]

2. Basic Tenet: Greed is good.