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Saturday, January 3, 2015

The big payoff: Freeh and easy after public service.

Posted on 11:00 AM by kitkat boom
Freeh and easy after public service

by digby

Just in case you aren't cynical enough about our elites, you should probably read these pieces by Ken Silverstein at The Intercept. He's following the money of failed government officials like George Tenent and Louis Freeh after they enter the private sector. It's quite interesting. Here's just one bit of the story on Freeh:

Freeh resigned from the FBI two months before 9/11. When he worked there he was making an annual salary of $145,000 and lived “in a heavily mortgaged house in Great Falls, a Virginia suburb,” according to an old and admiring New Yorker profile. He and his wife now own at least four lavish estates worth many millions of dollars, including a residence in Wilmington, Delaware, a six-bedroom summerhouse worth more than $3 million in Vermont, and a beachfront penthouse at 100 Worth Avenue in Palm Beach, Florida, which was bought for $1.4 million and now has an estimated value of $3 million.

How’d that happen? Well, Freeh is one of many former U.S. officials who got paid big speaking fees (reportedly up to $50,000 a pop) by a creepy Iranian group called the People’s Mujahedin, also known as Mojahedin-e-Khalq, or MEK, to successfully advocate for its removal from the State Department’s list of Foreign Terrorist Organizations. He also opened up a consulting firm whose clients have included Saudi Arabia’s Prince Bandar, who the U.S. Department of Justice accused of taking massive bribes from a British defense contractor. That’s right, Freeh represented a prince from America’s old pal Saudi Arabia, home to fifteen of the nineteen 9/11 hijackers, and whose export of Wahhabism is credited with giving rising to the Islamic State.

Freeh is also hired to conduct investigations, like the controversial report he produced about Penn State’s football program. Nasser Kazeminy, a Minnesota businessman who in 2008 was accused of bribing former Senator Norm Coleman, also hired Freeh to conduct a “thorough investigation” of the allegations against him in the hopes of clearing his name.

In 2011, Freeh issued a public statement saying that his investigation had “completely vindicated” both Kazeminy and Coleman. Sure, Kazeminy had bought Coleman $100,000 worth of presents, but, Freeh said at a press conference, “There was no quid pro quo in the gifts. There was no wrongdoing.” Freeh also met with the Justice Department – which was investigating the bribery charges but declined to bring a case—on Kazeminy’s behalf.

Oh yeah, about Freeh’s Palm Beach penthouse. As I discovered through Florida property records, Freeh’s wife co-owns it with Kazeminy, which kind of makes you wonder about just how thorough and impartial his investigation was. The quit claim deed giving Freeh’s wife one-half ownership of the penthouse was signed nine days after Freeh’s vindication of Kazeminy.
Basically, Freeh is trading on his completely bogus reputation as a straight shooting son-of-a-gun (he isn't -- he's little better than a right wing operative) to "investigate" wrongdoers and exonerate them. If you want a peek at the libertarian paradise in which the government police functions are privatized, Freeh's firm is probably a good place to start.

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