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Wednesday, November 29, 2006

The 10 Most Brazen War Profiteers



By Charlie Cray, AlterNet. Posted September 5, 2006.

Halliburton has become synonymous with war profiteering, but there are lots of other greedy fingers in the pie. We name names on 10 of the worst.

The history of American war profiteering is rife with egregious examples of incompetence, fraud, tax evasion, embezzlement, bribery and misconduct. As war historian Stuart Brandes has suggested, each new war is infected with new forms of war profiteering. Iraq is no exception. From criminal mismanagement of Iraq's oil revenues to armed private security contractors operating with virtual impunity, this war has created opportunities for an appalling amount of corruption. What follows is a list of some of the worst Iraq war profiteers who have bilked American taxpayers and undermined the military's mission.

No. 1 and No. 2: CACI and Titan

No. 3: Bechtel: precast profits

No. 4: Aegis Defense Services

No. 5: Custer Battles

No. 6: General Dynamics

No. 7: Nour USA Ltd.

No. 8, No. 9 and No. 10: Chevron, ExxonMobil and the Petro-imperialists

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