I find these stories and it just drives me nuts. Our troops waited 9 months to get body armor, when they get it it’s not good enough to stop a 9mm (A PISTOL!) bullet. Meanwhile, the owners of the company making them and collecting hundreds of millions from the government is throwing 10 million dollar parties in New York. Check this out on today’s Daily Kos…
Body armor execs finally indicted for stock fraud, tax evasion
by seesdifferent
Thu Oct 25, 2007 at 04:46:46 PM PDT
I guess, from the indictment, they went to war with the inventory they wanted, not the inventory they had.
Maybe this explains why the troops never quite had enough body armor. And, of course, if these guys are actually crooks, what sort of dealings got them the exclusive contract?
link
Two former top executives of the leading supplier of body armor to the U.S. military were indicted today on charges of insider trading, fraud and tax evasion in a scheme that netted them nearly $200 million, federal prosecutors said.
Read more here
Leave a Reply