Let me get this straight...they have gotten 2 billion dollars worth of OUR tax money and no one, not even the feds or watchdog groups, has ever seen their financial records..even after reports of crappy work?
(long article)
http://hosted.ap.org/dynamic/stories/I/IRAQ_RECONSTRUCTION_PARSONS?SITE=TXSAE&SECTION=BUSINESS&TEMPLATE=DEFAULT&CTIME=2006-10-10-12-46-27For years, Parsons Corp. has profited from a steady stream of U.S. government contracts for everything from disposing of hazardous weapons material to rebuilding hospitals, highways and other big-ticket infrastructure.
As a private company, Parsons does not release financial figures and is not followed closely by Wall Street analysts. In addition, it's not tracked by the watchdog group Project On Government Oversight, which investigates waste and fraud.
But shoddy work recently prompted the U.S. Corps of Engineers to cancel its $75 million contract to renovate a critical police training academy in Baghdad. Parsons also lost deals to build a prison and dozens of medical clinics in that country after the government cited missed deadlines and cost problems.
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Last week, Parsons received yet another government contract - a five-year, $15 million deal from the Naval Facilities Engineering Command to provide master planning for Navy and Marine Corps facilities in much of the world.