💰 Financial Record

payment

Transaction Details

Payer (From)
Payee (To)
Transaction Date
July 01, 2008
Description

Acquisition of controlling stake.

Additional Details
Date string: 2008-07-01
Amount string:
Source document: HOUSE_OVERSIGHT_020317.jpg

📄 Source Document

HOUSE_OVERSIGHT_020317.jpg
ESTATE Collection
View Document
Document Summary

This document discusses the challenges and risks associated with the NSA's reliance on private contractors like Booz Allen Hamilton, highlighting the conflict between profit motives and security quality. It contrasts standard business metrics with the opaque nature of intelligence failures, citing the 2013 Snowden breach as a catastrophic public failure comparable only to the 1968 capture of the USS Pueblo. The text critiques the privatization of secret intelligence, noting how financial incentives led contractors to prioritize low-wage staffing over quality control.

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