  We show that the presence of intrinsic charm in the hadrons' light-cone wave
functions, even at a few percent level, provides new, competitive decay
mechanisms for B decays which are nominally CKM-suppressed. For example, the
weak decays of the B-meson to two-body exclusive states consisting of strange
plus light hadrons, such as B\to\pi K, are expected to be dominated by penguin
contributions since the tree-level b\to s u\bar u decay is CKM suppressed.
However, higher Fock states in the B wave function containing charm quark pairs
can mediate the decay via a CKM-favored b\to s c\bar c tree-level transition.
Such intrinsic charm contributions can be phenomenologically significant. Since
they mimic the amplitude structure of ``charming'' penguin contributions,
charming penguins need not be penguins at all.
