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Did Pentagon lose billions, pennies at a time?

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Wetzelbill Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 06:55 PM
Original message
Did Pentagon lose billions, pennies at a time?
I went to school with the guy who wrote this, known him my whole life. He was one of my closest childhood friends. -WB

Did Pentagon lose billions, pennies at a time?
40 years later, whistle-blower still unable to force accounting change

EXCLUSIVE
By Benjamin Shors
msnbc.com contributor
updated 5:21 a.m. MT, Fri., May 1, 2009

In 1969, an aeronautical engineer at North American Rockwell discovered a discrepancy in his paycheck: Every hour, he was being overpaid by roughly 2 cents, or one-third of 1 percent of his pay.

Spurred by an incentive program that rewarded employees for finding wasteful spending, Walter T. Davey submitted the discovery to his superiors and suggested a simple fix.

“It was so simple to correct,” said Davey, a 79-year-old retired Air Force colonel now living in Newport Coast, Calif., “just change a few digits in the coding software.”


http://www.msnbc.msn.com/id/30456930/
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NJGeek Donating Member (680 posts) Send PM | Profile | Ignore Fri May-01-09 11:09 PM
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1. i hope the administration sees this
would be a HUGE PR victory to actually fix this after all these years
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-02-09 07:02 AM
Response to Reply #1
2. kick thank and I hope the Administration sees this and fixes it.
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-02-09 10:02 AM
Response to Original message
3. Actually the Pentagon can't account for Trillions of dollars, not billions.
Edited on Sat May-02-09 10:04 AM by avaistheone1
but no one gives a rat's ass.

http://solari.com/archive/missing_money/
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