Privatization & Procurement
Undersecretary of Defense Stephen A. Cambone ordered an internal study of how funding earmarked in a bill by then-Rep. Randy "Duke" Cunningham (R-Calif.) led to contracts for MZM Inc. to do work for the Pentagon's new agency: the Counterintelligence Field Activity.
The Bank of New York Mellon was named the master custodian firm overseeing the Treasury Department's $700 billion bailout fund. It will hold and track the distressed assets that the government will buy as well as run and report on the auctions used to buy the assets. Government officials called it the "prime contractor of the purchase program."
Rendon Group Wins Hearts and Minds in Business, Politics and War The Rendon Group is a consulting firm whose services range from creating "a favorable environment before privatization begins" to helping justify war. Rick Rendon, a founding partner talks to CorpWatch about his latest project, "Empowering Peace."
The State Department has interceded in a congressional investigation of Blackwater USA, the private security firm accused of killing Iraqi civilians last week.
Fed up with poor water quality, rate hikes and a lack of investment in expanding infrastructure, residents, union members and environmentalists in the Argentine province of CÃ³rdoba have forced a multinational corporation to withdraw from the business, and are now demanding that the state play a part in a new public water company.
Nine recommendations for action by President Obama to reverse his deadly legacy of drone warfare, surveillance and entrapment, including revealing flawed government contracts with companies like AT&T & Yahoo.