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Alcoa $400Million Overcharge Scandal In Bahrain  
User currently offlineflightfan4ever From , joined Dec 1969, posts, RR:
Posted (1 year 10 months 3 weeks 2 days 16 hours ago) and read 1640 times:

In what is a staggering example of the moral, ethical and financial corruption in both US corporate policy and the authoritarian Gulf / Arab states, ALCOA has been found to have overcharged Aluminium Bahrain over $400 Million in an elaborate corruption scheme:

http://www.ft.com/intl/cms/s/0/8c239...e/MiddleEast/product#axzz28scxwhKt

Examples like this expose US / Arab relations for what they really are - a sham. Why else would the United States protect the playboy dictators of the Arab monarchies?

2 replies: All unread, jump to last
 
User currently offlineBMI727 From United States of America, joined Feb 2009, 15735 posts, RR: 26
Reply 1, posted (1 year 10 months 3 weeks 2 days 6 hours ago) and read 1556 times:

Quoting flightfan4ever (Thread starter):
Examples like this expose US / Arab relations for what they really are - a sham.

The article requires a subscription, but this statement is completely irrelevant to the story. Alcoa is a privately owned company that has nothing to do with the US government. It's like blaming the British government for the BP oil spill.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineB777LRF From Luxembourg, joined Nov 2008, 1332 posts, RR: 3
Reply 2, posted (1 year 10 months 3 weeks 2 days 3 hours ago) and read 1518 times:

Well, that is true. It is also true that it's private enterprise that drills out the oil in much of the Persian Gulf and surrounding nations. So why's the US Navy guarding that, if it's "just" private enterprise? The answer is, of course, national security interests.

Having a naval base in Bahrain is very much in the national security interests of the US, thus having a US company running one of the main industries of that country, and providing some nice kick backs to the locals, is all part of the game to ensure that doesn't change.



From receips and radials over straight pipes to big fans - been there, done that, got the hearing defects to prove
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