Privatization & Procurement
In the face of criticism over its controversial construction projects, Bechtel has taken media manipulation to the next level, employing a three-pronged approach to weaving a rosy story for the public and investors.
After one of his personal bodyguards was shot to death by a Blackwater USA security contractor last Christmas Eve, Iraqi Vice President Adil Abdul-Mahdi assured the U.S. ambassador that he was trying to keep the incident out of the public eye.
Education in the U.S. has become big business. The ''education industry,'' a term coined by EduVentures, an investment banking firm, is estimated to be worth between $630 and $680 billion in the United States. The stock value of 30 publicly traded educational companies is growing twice as fast as the Dow Jones Average.
Six days a week, US military fighter planes drop bombs a mile from the South Korean village of Maehyang-ri. The bombing range isn't run by the US Air Force and it isn't run by the US Army. It's been privatized and is under the management of Arctic Slope World Service.
For more than 12 years, Falls Church-based USIS quietly scrutinized the backgrounds of individuals who needed security clearance to work in the U.S. government or in the private sector. Now re-named Altegrity, the company has ambitions of securing government contracts for much more than investigation and data-collection.
Residents of Northern Indiana feel that a plan to privatize toll roads and raise fares does not benefit the community.
Goldman Sachs, the Wall Street investment bank, is being sued in London for selling Libya "worthless" derivatives trades in 2008 that the country's financial managers did not understand. Libya says it lost approximately $1.2 billion on the deals, while Goldman made $350 million.
After two years of public hearings, litigation, testimony and negotiations and more than 11,500 letters, phone calls and emails to state decision makers, New Jersey consumers avoided higher electricity rates when Exelon walked away from its takeover bid to buy-out Public Service Enterprise Group, PSEG, a publicly traded energy and energy services company headquartered in New Jersey.