Friday, February 13, 2004

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A BUSH IN HAND IS WORTH A BIRD OR TWO

"Halliburton, meanwhile, is contending with two new scandals. Last week, the Wall Street Journal reported that the company had overcharged the government by sixteen million dollars on a bill for the cost of feeding troops at a military base in Kuwait. And last month the company made an astonishing confession: two of its employees, it said, had taken kickbacks resulting in overcharges of $6.3 million, in return for hiring a different Kuwaiti subcontractor in Iraq. Halliburton said that the employees, whose names it declined to reveal, had been fired and the funds returned. The day after this disclosure, the Pentagon awarded yet another contract to Halliburton, worth $1.2 billion, to rebuild the oil industry in southern Iraq."

--The New Yorker

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