Pentagon may be wasting a billion dollars a year in erroneous payments to contractors

By Richard H.P. Sia

Check-writing mistakes are said to be huge but the military is not tracking the problem closely enough to know for sure.

Excerpts from this story referencing "Robert F. Hale":

"… sting taxpayer funds.” In a written statement released with the report, Robert F. Hale, the Defense Department’s comptroller, said the department is now develo …"

Pentagon's accounting shambles may cost an additional $1 billion

By R. Jeffrey Smith

DOD said its books wouldn't be clean until 2017; Panetta wants to move the deadline up

Excerpts from this story referencing "Inspector General":

"… mman for its work on the Global Hawk high-altitude surveillance plane. The Inspector General concluded those bills were paid without scrutiny, and faulted the Navy for …"

"… Inspector General said last month was likely incomplete. An effort by the Inspector General’s office to match specific Pentagon expenditures with withdrawals from a …"

"… figures Congress had appropriated as their accounting benchmarks. Another Inspector General report noted that sometimes, the department simply “writes-off” discre …"

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 "Andrew Cuomo":

"… ficial to take action against Repo 105 is former New York Attorney General Andrew Cuomo. Last December before becoming governor, Cuomo sued Ernst & Young for …"