RobbDogg's Rips

Serving the online community to bring awareness to political and social issues affecting Liberals and Progressives. Podcasts are posted every Monday morning and original commentaries are posted throughout the week.

Wednesday, June 29, 2005

Article: Firm In "Duke" Controversy To Be Sold

This article appeared in my local wingnut newspaper, The San Diego Union-Tribune, yesterday. Now for the latest plot twist in the Duke Cunningham Home Sale Soap Opera...

Firm in 'Duke' controversy may be sold

By Marcus Stern

June 28, 2005

WASHINGTON – The beleaguered defense contractor ensnared in controversy over its founder's dealings with Rep. Randy "Duke" Cunningham has given the company's reins to a former general whose mission is to sell it, sources said last night.

In a move that left the few employees who had learned of it in shock, MZM Inc. founder Mitchell Wade selected James King, one of his longest-serving and closest associates, to be the company's president and chief executive officer.

King, who retired from the Army as a three-star general, notified a few employees last night that his mandate was to find a buyer for the company, which has signed more than $110 million in federal contracts since 2002.

Click here to read the entire article


Post a Comment

<< Home