Saturday, June 21, 2008

"Big Dig" Contractors Sued

One of the worst outcomes of the Reagan era and rise of conservatism has been historic levels of incestuous corporate/government relationships. This idea that the private sector works best when completely unregulated has always been a myth and the tragic consequences appear often.

And yet, the myth lives on.
"Federal prosecutors have charged the largest contractor in Boston's $15 billion 'Big Dig' road and tunnel construction project with lying about faulty work on a section where a ceiling panel killed a woman.

If convicted, Modern Continental faces criminal fines of up to $500,000 for each of 49 counts, or a total of $24.5 million. The counts range from making false statements to wire fraud and submitting phony time and materials slips."

Major "Big Dig" contractor faces federal charges - Yahoo! News

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