The shadow Pentagon

By Dan Guttman

Private contractors play a huge role in basic government work—mostly out of public view

Excerpts from this story referencing "Halliburton":

"… the news in the wake of the Sept. 11, 2001, terrorist attacks, names like Halliburton and Bechtel became as familiar to the average American as the names of any …"

Audit: FEC still in 'significant' danger of hacking

By Dave Levinthal

New audit says federal election agency must improve its IT security or face threat of more incursions.

Excerpts from this story referencing "White House":

"… agency's commissioners, who couldn't immediately be reached for comment. White House officials, who have this month refused comment on the FEC's problems, also …"

Bipartisan group of lawmakers demands better Pentagon auditing

By Zach Toombs

A Republican-led effort threatens to block major weapons systems if the military services cannot account properly for their expenditures.

Excerpts from this story referencing "Iowa":

"… rn are Sens. Kelly Ayotte, R-N.H., John Cornyn, R-Texas, Chuck Grassley, R-Iowa, Ron Johnson, R-Wis., Joe Manchin, D-W.Va., Claire McCaskill, D-Mo., and R …"

State Integrity Investigation cited in Rhode Island flap

By Caitlin Ginley

Auditor resigns over governor's plan to eliminate auditing agency rated highly by State Integrity Investigation

Excerpts from this story referencing "Audit":

"… sed as part of the governor’s  budget.  Rhode Island’s Chief Auditor, H. Chris Der Vartanian,  announced his resignation Wednesday in th …"

"… Wednesday in the wake of Gov. Lincoln Chafee’s plan to cut the Bureau of Audits, citing the state’s ranking as a reason to keep the independent Auditin …"

"… that caused the controversy would transfer the functions of the Bureau of Audits to a different administrative division in the executive branch — one di …"

Treasury Department review of Solyndra loan was rushed, report says

By Chris Hamby

Energy Department didn't involve Treasury Department until loan to now-bankrupt company was largely finalized, report says

State Dept. spends terrorism and emergency dollars on parties, rented linens and a kitchen

By Corbin Hiar

Auditors question some use of special State Dept. fund meant for crises, evacuations and other ‘extraordinary’ needs

CFTC watchdog flunks review, cited for sloppy procedures

By Shirley Gao

CFTC watchdog criticized for sloppy procedures, lack of quality control

Excerpts from this story referencing "Commodity Futures Trading Commission":

"… ey need to done,” Devaney said.   …"

Six Questions for Kendra Barkoff

Six Questions for...Kendra Barkoff

SEC’s ex-chief accountant: Is agency a lapdog or watchdog?

A former Securities and Exchange Commission official urged the regulator “to get serious about enforcement.”

Excerpts from this story referencing "Lehman Brothers":

"… ff-balance sheet transactions like Repo 105. That was the accounting trick Lehman Brothers used to park as much as $50 billion a quarter overseas to fool investors a …"

Philadelphia Housing Authority spent millions improperly

By Aaron Mehta

The agency in charge of low-income housing for Philadelphia paid $30.5 million to outside law firms over a three-year period and couldn’t fu

Supreme Court leaves most of auditing regulator intact

The U.S. Supreme Court today struck down as unconstitutional some provisions of the Sarbanes-Oxley Act that created an auditing oversight re

Excerpts from this story referencing "John Roberts":

"… m law.Sarbanes-Oxley “remains fully operative as a law,” Chief Justice John Roberts wrote in a majority 5-4 decision. The law, passed by Congress after a wave …"

No guarantees at the Pension Benefit Guaranty Corporation

By John Solomon

Last November, the federal corporation charged with protecting Americans’ retirement funds issued an ominous public warning: the amount of p

Excerpts from this story referencing "Audit":

"… last month their condition is improving, but losses continue to accumulate.Audit policiesTo ensure its own health, PBGC undergoes two Audits each year. One …"

Audit finds poor controls on millions of dollars in Afghan police program

Pentagon discovers overpayments to contractor, potential for waste

Excerpts from this story referencing "DynCorp":

"… ttee on contracting oversight, uncovered  serious deficiencies in how DynCorp International tracks payroll, bills from subcontractors, cost vouchers and …"

"… rs and millions of dollars in labor costs. In sum, the audit found many of DynCorp’s billing and financial controls to be inadequate.The audit is notable f …"

"… an National Police. This effort is critical to the drawdown of U.S. troops.DynCorp is likely to continue its work in Afghanistan through the end of …"

"… promising a full and open competition, which could begin within two weeks.DynCorp spokesman Jason Rossbach said the Nov. 27, 2009 audit  was outdated a …"

Phone fund for schools, libraries riddled with fraud

Government officials say they don't have the resources to fix the Universal Service Fund

Excerpts from this story referencing "Audit":

"… thing that might jeopardize ongoing investigations.FCC Wants To Do Its Own AuditsThe FCC says USAC's Audits have been helpful, but are not an acceptable su …"