I really don't know enough to make any judgement about Erik Prince or Blackwater, but I thought this was amusing:

http://www.tmcnet.com/usubmit/2008/07/13/3543928.htm

In the meeting, Prince and Gary Jackson, Blackwater's president, said our May 18 story, "Blackwater survives rough time," contained three errors:

--We reported that Presidential Airways, a sister company to Blackwater, had received a $91 million contract for air charter work in Guam. Prince said it was much smaller. When we provided documents, Blackwater responded that The N&O was "not as misguided as we thought."