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To: Former Military Chick

At least the indictment was not for selling defective products, we can give some small thanks for that.


3 posted on 10/26/2007 4:02:44 AM PDT by NurdlyPeon (Thompson / Hunter in 2008)
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To: NurdlyPeon
Brooks allegedly reaped $185 million by selling DHB stock when he learned that 6,000 bullet-proof vests the company made were about to be recalled for being faulty and not able to block bullets.

According to the indictment, Brooks lined his pockets by having DHB underwrite his lifestyle and by artificially inflating the value of company stock. Brooks also was accused of evading taxes by giving money to charities he ran.

9 posted on 10/26/2007 4:39:42 AM PDT by Liz (Rooty's not getting my guns or the name of my hairdresser.)
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To: NurdlyPeon

Point Blank came under sharp scrutiny from the Pentagon and other government agencies after reports emerged of test failures with its Interceptor body armor in 2005. Documents show that government testers warned Point Blank officials, including Hatfield, about the vest problems and urged an immediate fix in late 2004.


10 posted on 10/26/2007 4:43:04 AM PDT by Sal (Is Senator Kyl trying to rehab himself from Grand Betrayer status? I hope so.)
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