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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (172992)	7/31/2003 9:31:38 PM
From: TimF	Read Replies (1) \| Respond to of 1573682

As of a month ago, there were 4 or 5 major contracts that had been let. Who knows how many more now exist. There is no oversight. Most of the contracts where for the imeediate recovery from war damage, and some inital reconstruction but not long term management contracts. And the claim that there is no oversight is not true. HAL is making a fortune in Iraq Really? How much have they made? HALs contract was for rebuilding any oil wells that where damaged in the war. Theat doesn't add up to raking in a fortune because so few where damaged. He's allowed to research anything the president tells him to research. My question still stands.......why the oil assets of Iraq well before 9/11? Why not? Have you ever done business in Houston, the center of the oil industry? No bu I know people who lived in Huston and/or worked for the oil industry. Sure there is corruption and fraud but it seems to me that its less then what you have on wall street or from some of the tech companies during the recent bubble or from companies like Enron and Worldcom. Also see - "Iraqi Oil Contracts Open to Bidding VOA News 10 Jul 2003, 20:49 UTC The U.S. Army has opened up bidding for Iraqi oil contracts worth as much as $1 billion. The Army Corps of Engineers says the two new contracts for southern and northern Iraq will replace a controversial contract given in March to a unit of Halliburton, the Texas oil firm once headed by Vice President Dick Cheney. The U.S. government was criticized for awarding the initial contract without competition, and for excluding foreign companies. The Army says formal bidding, including by foreign companies, can now begin. The two contracts, which include maintaining oil fields, distributing oil products and marketing Iraqi oil, are worth between $500,000 and $500 million each."