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Report: Blackwater created shell companies

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:21 PM
Original message
Report: Blackwater created shell companies

Report: Blackwater created shell companies
AP

– 11 mins ago


WASHINGTON – The security company Blackwater Worldwide formed a network of 30 shell companies and subsidiaries to try to get millions of dollars in government business after the company faced strong criticism for reckless conduct in Iraq, The New York Times reported Friday.

The newspaper said that it was unclear how many of the created companies got American contracts but that at least three of them obtained work with the U.S. military and the CIA.

Sen. Carl Levin, chairman of the Senate Armed Services Committee, has asked the Justice Department to see whether Blackwater misled the government when using the subsidiaries to gain government contracts, according to the Times.

It said Levin's committee found that North Carolina-based Blackwater, which now is known as Xe Services, went to great lengths to find ways to get lucrative government work despite criminal charges and criticism stemming from a 2007 incident in which Blackwater guards killed 17 Iraqi civilians. A committee chart outlines the web of Blackwater subsidiaries.


more...

http://news.yahoo.com/s/ap/20100904/ap_on_bi_ge/us_blackwater
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:23 PM
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1. and is probably just one of many. time to cut off war profiteers nt
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w8liftinglady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:27 PM
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2. I wonder who in gov't is wrapped up in their business...
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w8liftinglady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:32 PM
Response to Reply #2
3. interesting Blackwater/Xe resource
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w8liftinglady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:34 PM
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4. and some more
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w8liftinglady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:37 PM
Response to Reply #4
5. and even more-donations
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h8okra Donating Member (57 posts) Send PM | Profile | Ignore Fri Sep-03-10 11:11 PM
Response to Reply #2
6. It may be easier
to find out who is not envolved with them.
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PufPuf23 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 11:23 PM
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7. Diane Feistein's husband Richard Blum
had shell companies with cashflow in 5 figures that obtained no-bid defense contracts for 9 figures in the first GWB term yet Maxine Waters but not DiFi is under ethics investigation.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 09:48 PM
Response to Reply #7
9. interesting.
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 08:19 PM
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8. kick
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 09:49 PM
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10. This will go nowhere.
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