SAIC Laundry List of Misconduct - Too Big to Fail? Too Big, Period

SAIC Laundry List of Misconduct - Too Big to Fail? Too Big, Period

http://www.justice.gov/usao/nys/pressreleases/May11/denaultgerardarrestpr.pdf

Thanks to Rudy and Mike the tax payers have been royally screwed but the FBI had their own unpleasant experience very similar to ours!   http://en.wikipedia.org/wiki/Virtual_Case_File 
http://www.nationalcorruptionindex.org/pages/profile.php?profile_id=15
http://www.washingtonpost.com/wp-dyn/content/article/2006/08/17/AR2006081701485.html
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/05/AR2005060501213.html

  See below for a laundry list I have never seen on SAIC!

Heard on the street....  SAIC : history repeats itself.... 

  http://www.contractormisconduct.org/index.cfm/1,73,221,html?ContractorID=47 This misconduct non for profit site lists complaints, that are riddled with  Overestimating, incorrect reporting of project progress,  overbilling, double billing. These mistakes are valued at 8.0 million.  Are such mistakes  part of the cost of business? Annual 2011 SAIC  revenues are  tracking at 11,000 billion. Too big fail? Too big, period.

 SAIC spends 2.6 million  annually on lobbyist in washington. This is all about the politics. Sending back the city 2.5 million of invoicing is late money.

http://theautonomist.com/atnmst/jrnl_ii.php?art=126

Defense Contractor Spends Millions Lobbying, Wins $343 Million Contract

"Case in point: military contractor Science Applications International Corp., (SAIC), which is based in McLean, Va., but has a major presence in San Diego. The company announced this past week that it will receive up to $343.7 million from the Defense Department to create technology that will enable the military to better model and simulate space and missile defense systems. That's a whopper of a contract.

"But what wasn't so widely reported is how much the contractor has spent lobbying Washington. SAIC spent more than $1.3 million in the first two quarters of 2010 alone trying to influence the federal government, according to a recent disclosure report. The company spent $610,000 in the second quarter of this year ? actually down from the $860,000 the company spent during the same quarter a year ago on lobbying work ? and $710,000 in the first quarter of 2010, according to Business Week."

With so many billions of dollars at stake, it is not wonder that the entire military-industrial world is also full of corruption, a subject for another article. Here is an example of that, and what these corrupt companies are costing you. 

Suzannah B. Troy’s 2 cents....the City of New York is owed a lot more than 2.5 million dollars...

and I say this with this letter as context http://suzannahbtroy.blogspot.com/2011/03/see-actual-letter-whistle-blower.html  which makes me think stealing was going on for a very long time NYC gov....from Albany to City Hall stealing is common place but this was on a massive level in theory....I am guessing with SAIC and it’s many subcontractors and just a reminder SAIC was given awards including an Eisenhower Award for helping subcontractors and in context of NYC gov. one would have to ask was that an award for stealing....? http://www.youtube.com/watch?v=8VpS0Cny-dQ

http://www.youtube.com/watch?v=8VpS0Cny-dQ

http://mayorbloombergkingofnewyork.blogspot.com/2011/06/suzannah-b-troy-nyc-round-up-saic-50.html

Just another day in the life of NYC gov under the rule of Mike Bloomberg, Patricia Harris, Mark Page and Christine Quinn all who insisted we must have Bloomberg for a third term to help us with the economy.  Is SAIC another word for “the economy”?


p.s. Zero news coverage of Mike Bloomberg canceling SAIC 50 million dollar contract except 1 article WSJ. http://mayorbloombergkingofnewyork.blogspot.com/2011/06/suzannah-b-troy-nyc-round-up-saic-50.html