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For AK Scandal Company, Money Can't Buy Happiness - But Influence? Perhaps

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bridgit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-01-06 08:30 PM
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For AK Scandal Company, Money Can't Buy Happiness - But Influence? Perhaps
'When FBI agents raided the offices of Alaska Senate President Ben Stevens and five other legislators, they were looking for evidence of improper ties between those state lawmakers and a company called VECO Corp.

That left some scratching their heads. What's VECO?

Based in Alaska, the privately-owned, non-union company deals primarily in petroleum and petroleum-related services; its estimated revenue in 2004 was $500 million, and it employs around 5,000 people worldwide. That's small by oil megacorporation standards, but it's big in Alaska, where the company has been called "a titan in the Alaskan oil industry."' http://www.tpmmuckraker.com/archives/001455.php
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