Although a Pentagon audit determined that a Halliburton subsidiary submitted $262 million worth of questionable costs as part of a fuel-delivery contract, the Army still plans to pay the company the bulk of the money, the NYT reports. Only 3.4 percent of the reimbursement will be withheld—an amount more than 50 percent below the average amount of money withheld by the military on disputed contractor charges. - Slate Magazine
So, let's see... I inadvertenly overcharge my rich Uncle Sam by $262 Million. And instead of holding out on his payment until this matter is resolved (like a good business person would do), good ol' Uncle Sam will benevolently pay me all but $9 Million of my over charge... and to prove there're no hard feelings... he'll simply leave it at that.
Hmmm, I think I'm getting an idea for a new business... CHA CHING!!
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