60 Minutes ran an interesting story tonight, focused on the alleged abuse of funds for rebuilding Iraq by a company named Custer Battles. The story indicated that the company was paid tens of millions of dollars to provide services it was not qualified to provide, and in fact did not provide.
One example: A contract that called for Custer Battles to deliver a certain number of trucks. Some of the trucks were towed in, as they did not run. Company officials allegedly stated that the contract did not specify that the trucks must be in working condition.
Read the transcript of the story here.