He has also earned at least $500,000 from his work for Veritas Capital, a private equity firm in New York that has grown into a defense industry powerhouse by buying contractors whose profits soared from the wars in Afghanistan and Iraq.
They're all getting very enthusiastic, going into the military shops and buying contractor-type trousers and getting military haircuts.
Veritas had been on a shopping spree, buying military contractors deeply enmeshed in the war.
Gomez makes much of her income as a contractor, buying things with cash and finding apartments through personal relationships.
And while professional business -- goods bought by contractors and builders -- is improving, it is still weak.
Mr. Young told of rummaging through boxes of papers at home, trying to piece together records of cleaning supplies he bought and contractors he hired years earlier.
Two weeks before rollout, the government decided that consumers would have to register on the site before they could see what products they might buy, the contractors testified.
The Senate must quickly follow suit and not buy the contractors' line that listing American workers at offshore companies is a cost saving passed on patriotically to the war effort.
So we are in the bizarre position where the pay system prevents recruitment and retention of important skills, meaning government departments and agencies have to buy in contractors to fill the gap, at a price far higher than it would take to employ them.
Understand how U.S. General Services Administration (GSA) buys from contractors and businesses.
I even look at Home Depot -- at the beginning of a downturn, people may decide to renovate themselves, instead of hiring a contractor or buying a new house.
