Pentagon adviser Richard
Perle briefed an investment seminar on
ways to profit from conflicts in Iraq and North
Korea just weeks after he received a top-secret
government briefing on the crises in the two
Perle, who until March was chairman of the
Defense Policy Board, a group of outside advisers
to the Pentagon, also serves on the board of
several defense contractors. His
actions raise concerns about conflicts of
Perle attended a Defense Intelligence Agency
briefing in February and three weeks later
participated in a Goldman Sachs conference call in
which he advised investors in a talk titled
Implications of an Imminent War: Iraq Now.
North Korea Next?
A financial advisor who participated in the
conference call told Capitol Hill Blue that Perle
offered "advice on how to cash if war broke out in
Iraq and/or North Korea."
Perle did not return phone calls or e-mails
One of Defense Secretary Donald Rumsfeld's
closest advisers, Perle was a vocal advocate of
going to war against Iraq and publicly questioned
the reliability of some longtime U.S. allies,
including France and Saudi Arabia.
He resigned as chairman of the Defense Policy
Board on March 27 after it was reported he had
worked as a consultant to bankrupt
telecommunications company Global Crossing Ltd.,
which was trying to get Pentagon approval to be
sold to Asian investors.
In offering his resignation, Perle, 61, denied
any wrongdoing and said he didn't want questions
about his outside interests to be a distraction to
Rumsfeld. He remained a member of the board.
"The guiding principle here is that you do not
give advice in the Defense Policy Board on any
particular matter in which you have an interest,"
he said at the time. "And I don't do that. I
haven't done that."
Rep. John Conyers Jr., D-Mich., the ranking
Democrat on the House Judiciary Committee, has
asked the Pentagon's inspector general to
investigate Perle's business activities and any
conflicts they might pose for his
Copyright 2003 by Capitol Hill