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CorpWatch unveils major report on corporate profiteering in the wake of Hurricanes Katrina and Rita on the American Gulf Coast.
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.
This report documents how the companies not only contribute to global warming but also use their enormous power to DENY the problem, DELAY solutions, DIVIDE their opposition, DUMP their problems in the developing world, and DUPE the public into believing the problem is solved.
A major Dutch arms manufacturer's bankruptcy revealed a secret deal to supply weapons to General Augusto Pinochet of Chile. The man behind the scheme is now a tax exile who appears to be immune from charges of bribery or tax evasion.
Richard F. Scruggs, a Pascagoula lawyer who rose to prominence as he helped win a $250 billion settlement from the tobacco industry a few years ago, argues that in selling home insurance with many references to windstorms and hurricanes, Nationwide and other insurers led customers to believe that any hurricane damage - whether from wind or water - would be covered.
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.
The U.S. Army is discontinuing a controversial multibillion-dollar deal with oil services giant Halliburton to provide logistical support to U.S. troops worldwide, a decision that could cut deeply into the firm's dominance of government contracting in Iraq.
(Read CorpWatch's response.)