Advertisement
YOU ARE HERE: LAT HomeCollectionsLegislators

Lucrative Deals for a Daughter of Politics

Karen Weldon, whose dad is a Pennsylvania congressman, is a lobbyist for three foreign clients who need his help, and get it.

THE NATION

February 20, 2004|Ken Silverstein, Chuck Neubauer and Richard T. Cooper, Times Staff Writers

Karen Weldon, or her partner Sexton, in turn sparked Rep. Weldon's interest in the company's technology, according to chief of staff Conallen.

A Saratov official recalled hearing from Rep. Weldon "quite unexpectedly" in early January 2003. The congressman expressed "an acute interest" in the unmanned vehicle, said company director Alexander Ermishin.


Advertisement

Weldon visited Saratov's plant later that month, accompanied by his daughter, who by then was negotiating a deal to consult for the company, according to Solutions' disclosure reports.

It was an official trip for Weldon, who had congressional business in Russia and Austria. Karen Weldon's travel was paid through Solutions.

They each attended meetings with Ermishin and other company officials. The congressman expressed enthusiasm about the saucer technology, Ermishin said. Within weeks, Saratov sealed a contract with Solutions to promote the company's products, according to foreign agent disclosure filings.

Ermishin described the congressman's assistance on the project as "really invaluable." He declined to discuss why he hired Karen Weldon's firm.

According to the contract that Solutions filed with the Justice Department, Saratov agreed to pay Solutions $20,000 a month with two contingencies: The cash-strapped company did not have to start paying until Solutions attracted new business. And Saratov would pay a 10% finder's fee if the company "strikes a deal from a lead supplied" by Solutions.

After the Weldons returned from Russia, the congressman took steps to get a deal going. He contacted the Naval Air Systems Command, or Navair, which is based near Washington, about the Saratov saucer, Conallen said.

Robert Carullo, a Navair staff member, said Weldon asked him to arrange for Ermishin to meet with Navair. The meeting took place in March. Solutions' disclosure reports say the firm also helped set up the meeting.

Karen Weldon also helped arrange a follow-up meeting between Navair and Saratov in Russia in September, disclosure reports show. At the conclusion of that visit, Navair and Saratov signed a nonbinding letter of intent that called for Navair to seek funding to develop the saucer technology and fly a prototype by 2005. Ermishin said the technology needs between $10 million and $14 million as initial capital.

John Fischer, Navair's director of research and engineering sciences, who led the delegation to Saratov, said he was impressed with the company's technology.

Los Angeles Times Articles
|