Reply #16: My employer turned down some huge Iraq contracts. [View All]

And I work for one of the biggest aerospace/defense companies in the world.

According to one of our execs, they got a lot of government pressure to work in Iraq back in 2003, along with a lot of rosy promises about how much money the company would make. Our hi-level bosses made the decision NOT to take any of those offer. They apparently sensed...like most sane people...that $hrub's Excellent Adventure would turn into a humongous cluster-Cheney.

The exec said some of our competitors were bragging that they would only be in Iraq for one year and make out like bandits. (Pun intended.)

The ones who said that are still there, 2 years later, watching their huge potential profits get eaten up by their security costs and other...uh...unplanned expenses. Like ransoming their employees from kidnappers.