Tuesday, April 12, 2005

U.S. Audit Probes $212 Million in Halliburton Iraq Work

DefenseNews.com - U.S. Audit Probes $212 Million in Halliburton Iraq Work - 04/11/05 19:10


"U.S. oil services giant Halliburton Co. may have overcharged by at least $212 million to get fuel to Iraqi civilians under a no-bid deal with the U.S. military, said Pentagon audits released on April 11."


Wow... I wonder how many thousands of families had to give 1/2 their income to the government so the government could give $212,000,000.00 to Halliburton... In overcharges alone (I would hate to see how many millions the Pentagon believed was an acceptable profit margin for the company for their "work") ?