Halliburton's Hell'a Good Deal
Charlie Cray
July 21, 2006
Charlie Cray is the director of The Center for Corporate Policy in Washington, D.C., and co-author of The People's Business: Controlling Corporations and Restoring Democracy (Berrett-Koehler, 2004).
Last week, the Army announced with much fanfare that it was canceling the monopoly logistics contract that Halliburton/KBR has used to bilk U.S. taxpayers since the occupation of Iraq began. The contract will be broken up and divided among at least three different companies, but it’s not clear that this will make much difference to taxpayers, or even that Halliburton will stop making a killing.
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