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Stories tagged with Erik Prince

The moneyed, conservative universe of Betsy DeVos

By Laurie Bennett   |   November 19, 2016 at 8:49am   |   1 Comments

Betsy DeVos, former chair of the Michigan Republican Party and a vocal advocate of charter schools, reportedly is under consideration for education secretary.

Trump’s Blackwater connection

By Laurie Bennett   |   March 21, 2016 at 1:34pm   |   0 Comments

Donald Trump announced his foreign policy and national security advisers on Monday, revealing a Blackwater connection.

The long arm of Blackwater

By Laurie Bennett   |   April 15, 2015 at 8:27am   |   0 Comments

Four former Blackwater guards were sentenced this week to long prison terms for killing Iraqi citizens in 2007.

Bitcoins, think tanks and the Koch brothers

By Laurie Bennett   |   December 11, 2013 at 9:12am   |   1 Comments

As if there isn’t enough dark money in the think tank funding stream, at least one organization is now accepting bitcoin.

Erik Prince sells company

By Laurie Bennett   |   December 17, 2010 at 10:42am   |   0 Comments

Blackwater founder Erik Prince has sold his company to a group of California investors.

Erik Prince’s mom gives $450,000 to stop same-sex marriage

By Laurie Bennett   |   October 29, 2008 at 10:27am   |   0 Comments

A conservative religious family in western Michigan, whose vast fortunes derive from auto parts and government security contracts, is spending hundreds of thousands of dollars to ban gay marriage in California.

Alvin Krongard quits Blackwater board

By Laurie Bennett   |   November 16, 2007 at 8:54pm   |   0 Comments

The Blackwater web is more tangled than even its main investigator realized.

Howard “Cookie” Krongard, State Department inspector general, recused himself this week from the ongoing probe of Blackwater Worldwide after learning that his brother sits on the company’s advisory board.

When questioned Wednesday by the House Oversight and Government Reform Committee, Krongard at first said his brother did not hold the position.

Blackwater’s Cofer Black stays in the shadows

By Laurie Bennett   |   October 17, 2007 at 7:02am   |   0 Comments

While CEO Erik Prince has been the public face of Blackwater USA during recent weeks of intense government and media scrutiny, the often outspoken Cofer Black, company vice chairman, has kept out of the limelight.

Black, one of the nation's eminent authorities on combatting terrorism, is deeply involved in the network of Blackwater-related companies. He also serves as chairman of Total Intelligence Solutions and is CEO of Black Group, LLC.

With more than 30 years of service in the Central Intelligence Agency, Black is known as a superspy. He helped catch the international terrorist Ilich Ramirez Sanchez, better known as "Carlos the Jackal" and in 1999, was named head of the CIA's Counter-Terrorism Center.

Mark Penn distances himself from Blackwater

By Laurie Bennett   |   October 6, 2007 at 7:24am   |   1 Comments

The Clinton campaign took a defensive crouch yesterday after reports that a company headed by one its top advisers had counseled Blackwater CEO Erik Prince.

A subsidiary of Burson-Marsteller, a PR firm headed by Clinton strategist Mark Penn, helped prepare Prince for his congressional testimony Tuesday.

However, Penn told Politico that he was not involved in the account, and said the firm’s work for Blackwater was “a temporary assignment based on a relationship that has concluded.”

The meteoric rise of Blackwater

By Laurie Bennett   |   October 3, 2007 at 7:42am   |   0 Comments

Blackwater CEO Erik Prince, trained to remain cool in the most stressful of situations, was unflappable during his congressional testimony yesterday.

In an appearance before the House Committee on Oversight and Government Reform, he expertly defended his company’s activities in Iraq, where about 1,000 Blackwater guards protect U.S. diplomats and other State Department employees. He described Blackwater as “a team of dedicated professionals” who “risk their lives to protect Americans in harm’s way overseas.”

Prince, a former Navy SEAL, founded Blackwater in 1997. In the early years of operation, the firm did limited business with the U.S. government. However, company fortunes shifted dramatically after the Sept. 11, 2001, terrorist attacks and the onset of war in Iraq. By last year, federal contracts totalled $600 million, primarily from protection services provided to the State Department.

Blackwater’s protective web

By Laurie Bennett   |   September 22, 2007 at 7:05am   |   0 Comments

Blackwater USA, the State Department’s largest private security contractor, is under siege on several fronts.

Iraq’s state minister for national security affairs announced today that the firm would face criminal charges for the fatal shootings of Iraqi citizens. Blackwater, based in Moyock, N.C., is also under investigation on the home front.

But a tight web of political and business connections helps shield the company from the most formidable of attacks.


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