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Giuliani firm made millions pushing data-mining program

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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 06:46 PM
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Giuliani firm made millions pushing data-mining program
Revelations about the far-ranging business entanglements of GOP presidential hopeful Rudy Giuliani continue to put the former New York mayor on the hot seat.

The latest : As reported by Time Magazine, Giulianis private consulting firm, Giuliani Partners, received a $6.5 million windfall for helping a tech company called Seisint Inc. land government contracts for a massive data-mining program a system the firm said could help fight terror by using supercomputers to store billions of pieces of information from public records.

The problem, write Times Michael Weiskopf and Massimo Calabresi, is that the payment of percentages or commissions to solicit or secure government contracts is prohibited by federal law and laws of some states.

An unnamed source at Giuliani Partners told the magazine that the firm had never received commissions, however, labeling the money instead as special bonuses that wouldnt run afoul of federal law.

link: http://rawstory.com/rawreplay/?p=271
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