(Originally posted 12-19-06)
Yesterday I asked this question, "What happens when Titan Corporation goes to war, and its Insurance Company, AIG, doesn't want to pay for injured translators?"
Today I opened the newspaper and found an answer to my question.
The army has ended L-3 Titan Group's linguist services contract, which was the company's biggest source of revenue--around $600 million in 2006.
L-3 Titan says it will lose about 15 cents a share. Wouldn't stockholders have been better off if Titan had spent more on its employees, for example, paying for medical treatment and rehabilitation when they were blinded or otherwise injured or disabled? Perhaps that would have trimmed earnings by 1 cent per share. My guess is that they'd be ahead 14 cents a share if they'd done that.
The US Department of Labor reports that 216 Titan/L-3 employees have been killed in Iraq, more than any other contractor or coalition force except the United States military. 655 contractor employees have been killed in the war.
Private companies are required to carry insurance for their workers in Iraq, and to report claims to the Labor Department. But apparently the Labor Department does not require the insurance companies to pay the claims, if Mazin Al-Nashi's experience (see prior post) is typical.
Showing posts with label Titan Corporation. Show all posts
Showing posts with label Titan Corporation. Show all posts
Wednesday, June 6, 2007
What happens when Titan Corporation goes to war, and its Insurance Company, AIG, doesn't want to pay for injured translators?
What does attorney Roger Levy of LAUGHLIN, FALBO, LEVY, & MORESI LLP (San Francisco, California) do when his client (TITAN CORPORTATION) doesn't want to provide medical treatment for seriously wounded contractors?
He tries to prove that being hit in the helmet with a bullet from friendly-fire, and being knocked unconscious immediately after with the butt of a friendly rifle, then being pulled unconsious out of a burning Humvee, and left in a tent without medical treatment, HAS NOTHING TO DO WITH SUBSEQUENT BLINDNESS AND HEARING LOSS. He claims that neither L-3 Titan Corporation nor AIG has any obligation to continue disability benefits or medical benefits for the wounded man.
This is exactly what is happening in the case of Mazin Al-Nashi of San Diego, who was injured in August 2003 while working as a translator in Iraq.
Mr. Tony Walker, AIG WorldSource's attorney (San Francisco, CA) is also helping these enormous corporations avoid the obligations to employees.
Where, then, do all the billions of dollars that taxpayers gave to TITAN (now known as L-3 Communications Titan Group), and, indirectly, to AIG, end up? Apparently, Levy and Walker think they should end up in the pockets of stockholders and CEOs who have risked nothing for America.
For more information, click on CASUALTY OF WAR link in right column.
The questioning of Mazin Al-Nashi by these lawyers during a hearing on October 23 and 24, 2006 before Administrative Judge Gee was so brutal that Mazin ended up in intensive care shortly afterward. Mazin had no legal representation. Click on the Casualty of War blog in the right-hand links column to learn more.
Originally posted 12/18/06
He tries to prove that being hit in the helmet with a bullet from friendly-fire, and being knocked unconscious immediately after with the butt of a friendly rifle, then being pulled unconsious out of a burning Humvee, and left in a tent without medical treatment, HAS NOTHING TO DO WITH SUBSEQUENT BLINDNESS AND HEARING LOSS. He claims that neither L-3 Titan Corporation nor AIG has any obligation to continue disability benefits or medical benefits for the wounded man.
This is exactly what is happening in the case of Mazin Al-Nashi of San Diego, who was injured in August 2003 while working as a translator in Iraq.
Mr. Tony Walker, AIG WorldSource's attorney (San Francisco, CA) is also helping these enormous corporations avoid the obligations to employees.
Where, then, do all the billions of dollars that taxpayers gave to TITAN (now known as L-3 Communications Titan Group), and, indirectly, to AIG, end up? Apparently, Levy and Walker think they should end up in the pockets of stockholders and CEOs who have risked nothing for America.
For more information, click on CASUALTY OF WAR link in right column.
The questioning of Mazin Al-Nashi by these lawyers during a hearing on October 23 and 24, 2006 before Administrative Judge Gee was so brutal that Mazin ended up in intensive care shortly afterward. Mazin had no legal representation. Click on the Casualty of War blog in the right-hand links column to learn more.
Originally posted 12/18/06
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