David Stockman, the former budget director in the Reagan White House, was charged Monday with overseeing a sweeping fraud at a troubled auto parts supplier that he led before the company sought bankruptcy protection.
What's interesting here is that this is the company that bought Prince Corporation for $1.3 billion in the late 90s from Erik Prince who used the money to create Blackwater USA.
Prince's sister Betsy is married to Dick (Are We Not Men?) DeVos, the son of the founder of Amway and failed candidate for governor of Michigan.
So my question is,
was Stockman installed at Collins & Aikman Corp in order to plant this large amount of cash on exactly the one screwball who could create a thing like Blackwater? And did this so derange the company it led, out of necessity, to the fraud in this present scandal?
Tuesday, March 27, 2007
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