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KBR in Iraq
If you haven't already seen it, I'd highly recommend James Glanz' piece in the New York Times on how KBR—of Halliburton subsidiary fame—botched a pipeline project in Iraq. It definitely gives a vivid sense of just how and why reconstruction has been such a travesty. Meanwhile, Daniel Gross reports in Slate that KBR really hasn't been profiting much off its Iraq contracts thus far, although given that the Bush administration is going to leave a fine legacy of global instability in its wake, the company will probably have ample opportunity to redeem itself and smart investors should buy stock. Or something.
Posted by Bradford Plumer on 04/26/06 at 4:01 PM | E-mail | Print
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