War & Disaster Profiteering

Published by
Special to CorpWatch
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L-3 Communications, a little-known but gigantic military contractor, provides 300 contract intelligence experts to the Pentagon in Iraq to support operations ranging from interrogation to media analysis. The secretive $426.5 million operation, which is run out of Virginia, may be a recipe for disaster, say critics. Also see related story, A Translator's Tale, by Pratap Chatterjee. Read More
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Special to CorpWatch
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The controversial multibillion-dollar deal with oil services giant Halliburton to provide logistical support to U.S. troops in Iraq has been canceled. What should happen next? Read our three alternative annual reports on Halliburton, to learn the real legacy of the company's incompetence and corruption.Listen to an interview with CorpWatch's director, Pratap Chatterjee. Read More
Published by
Associated Press
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A trial set to open here Monday is expected to be the first legal test of the wind-versus-water debate that has pitted thousands of Gulf Coast policyholders against their insurance companies since Hurricane Katrina. Read More
Published by
Special to CorpWatch
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Five major military contractors are competing to design a system to tackle up to two million undocumented immigrants a year in the United States. Boeing, Ericsson, Lockheed, Northrop Grumman and Raytheon are working on proposals that focus on high technology rather than high fences, but ignoring some of the fundamental problems of immigration. Listen to an interview with author, Joseph Richey. Read More
Published by
The New York Times
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The Bush brand of competitive sourcing, with its get-rich-quick schemes and do-little jobs for administration pals, spread like a cancer throughout the executive branch. It explains why tens of thousands of displaced victims of Katrina are still living in trailer shantytowns all these months later. It explains why New York City and Washington just lost 40 percent of their counterterrorism funds. It helps explain why American troops are more likely to be slaughtered than greeted with flowers more than three years after the American invasion of Iraq. Read More
Published by
AlterNet
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I suppose it's old news at this point that the Bush administration lied us into the Iraq war and that the cost of this mess will be fully realized by the next generation when Bush leaves office with the biggest budget deficit in U.S. history. Read More
Published by
The New York Times
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The Army Corps of Engineers said Monday that it had canceled a $99.1 million contract with Parsons, one of the largest companies working in Iraq, to build a prison north of Baghdad after the firm fell more than two years behind schedule, threatened to go millions of dollars over budget and essentially abandoned the construction site. Read More
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