December 4th, 2009
11:01 AM ET

Blackwater's Prince raising concern in Washington

Erik Prince, chairman of Blakwater USA, at the House Oversight and Government Reform Committee hearing October 2, 2007

Suzanne Simons
CNN Executive Producer

There's a lot of head-scratching at the CIA over an article in Vanity Fair magazine that dubs Erik Prince, the founder of the notorious private military contractor Blackwater, a "tycoon, contractor, soldier, spy."

In the piece, he comes across as so entrenched with the CIA that the agency needs him to perform the most sensitive secret missions, including those involving hunting down and taking out al Qaeda operatives.

It's true that Prince, as the sole owner of one of the most well-connected private military contractors in modern history, is in a position of enormous trust within the government. So why is it that he's lashing out publicly at that same government?

Prince, a 40-year-old former Navy SEAL, inherited what he called a sizable amount of money when his father died in the late '90s. He's used that money to help climb to the top of an industry that has mushroomed since the invasion of Afghanistan in 2001.

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Filed under: Suzanne Simons
soundoff (2 Responses)
  1. earle,florida

    Ah yes...here to stay,how much better does it get? Just think of Blackwater-Xe evolving into the "SS" of Germany/neo Americana elitist...no oversight,and totally unaccountable for it's nefarious actions...Bravo!

    December 4, 2009 at 11:38 am |
  2. Tim Gibson

    And the soup thickens in Washington, where I am sure they are doing more than scratching their heads.

    It appears skeletons are never kept in the closet and the day of a price to pay will always arrive at the door.

    December 4, 2009 at 11:09 am |