Tuesday, January 24 2012 @ 02:40 PM EST
Contributed by: Don Winner
Editor's Comment: Uh, allow me to state the obvious. The government of Panama went back to the company - Finmeccanica, which is 30% owned by the government of Italy - and ask them "did you charge us too much?" And the answer basically says "we charged what you had budgeted." Obviously, that's not the best way to determine if there was price gouging going on. "Excuse me Mr. Used Car Salesman - did you charge me too much for that used car?" Ridiculous. Why not hire an outside, independent contractor to go around the world and examine equal or comparative systems bought from this company and others by different nations around the world, to determine if there were price overruns. But that's not going to happen. With this letter the government of Panama will bury the whole issue.