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Tenet Earns Big Bucks off War Profiteers

Former CIA chief finds a pot of gold in the center of the storm

By Sam Gale Rosen,  Newser Staff

Posted May 7, 2007 9:31 AM CDT

(Newser) – Former CIA boss George Tenet has made a killing off companies profiting in Iraq, Salon reports—one fact undisclosed in his recent tell-all screed. Besides a reported $4 mil advance for the book, Tenet used his spook cred to win spots on corporate boards in a national security industry he himself pushed hard to privatize.

Since stepping down as official intelligence capo, Tenet has made $2.3 million on advice to companies like L-1 solutions, which makes terrorist-monitoring software, and QinetiQ, a British firm until recently owned by the spooky Carlyle Group. Tenet is now most visibly teaching at Georgetown, but both he and his myriad employers are profiting handily off of their partnerships.

George Tenet, former CIA director, listens during an interview in New York, Monday, April 30, 2007. Tenet discussed his new book At the Center of the Storm. (AP Photos/Bebeto Matthews)
George Tenet, former CIA director, listens during an interview in New York, Monday, April 30, 2007. Tenet discussed his new book "At the Center of the Storm." (AP Photos/Bebeto Matthews)   (Associated Press)
In this photograph provided by 'Meet the Press', former Central Intelligence Agency Director George Tenet, appears during a taping with moderator Tim Russert on NBC's Meet the Press Sunday, May 6, 2007 at the NBC studios in Washington. (AP Photo/Meet The Press, Alex Wong)
In this photograph provided by 'Meet the Press', former Central Intelligence Agency Director George Tenet, appears during a taping with moderator Tim Russert on NBC's "Meet the Press" Sunday, May 6, 2007...   (Associated Press)
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