Privatization & Procurement
For more than three decades, foreign oil companies wanting into Iraq have been like children pressed against the sweet shop window - desperately seeking to feast on the goodies but having no way of getting through the door. That could soon change.
The American Civil Liberties Union of Colorado filed suit today against the country's largest private extradition company on behalf of a female prisoner who suffers from post-traumatic stress disorder as a result of a sexual assault by a company guard during a drive from Texas to Colorado.
At Halliburton's recent annual shareholders meeting in Houston, all was remarkably staid as the company celebrated its $4 billion in 2008 operating profits, a striking 22% return at a time when many companies are announcing record losses. Just three months ago, however, Halliburton didn't hesitate to pay $382 million in fines to the U.S. Department of Justice as part of the settlement of a controversial KBR gas project in Nigeria in which the company admitted to paying a $180 million bribe to government officials.