by GEF @ 8:00 PM EDT
DOJ Probe to investigate BAE scandal
Gordon Brown faces his first crisis as prime minister a day before he takes the post, following BAE Systems’ admission today that it is under investigation by the US department of justice (DoJ).
The investigation relates to contracts with Saudi Arabia which were under examination by the Serious Fraud Office (SFO) before Tony Blair ordered it to stop, citing the national interest.
BAE’s share price fell dramatically following the announcement. One and a half billion pounds were knocked off its stock market value following a ten per cent plunge.
Another Important story ignored by Mass Media…
Is it any wonder why their viewership is plummeting? Nope!
They can Paris Hilton until the cows come home! 😉