1.14.2007

Spreading liberty and democracy around the globe.

And, oh yeah, corruption. Check.

And incompetence. Right. That too.
The American company appointed to advise the US government on the economic reconstruction of Iraq has paid hundreds of thousands of dollars into Republican Party coffers and has admitted that its own finances are in chaos because of accounting errors and bad management.

BearingPoint is fighting to restore its reputation in the US after falling more than a year behind in reporting its own financial results, prompting legal actions from its creditors and shareholders.

(Independent)

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