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Monday, July 23, 2007

Kickbacks, Bribes and Fraud

Halliburton income more than doubles
$933 mil gain after split from KBR, move of headquarters to Dubai.
James Glanz of The New York Times writes: "Federal investigators have uncovered what they describe as a sweeping network of kickbacks, bribes and fraud involving at least eight employees and subcontractors of KBR, the former Halliburton subsidiary, in a scheme to inflate charges for flying freight into Iraq in support of the war, according to court papers unsealed yesterday."

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