CREW and Brave New Foundation Release New Report and Film on Pentagon Revolving Door

  CREW and Brave New Foundation Release New Report and Film on Pentagon
  Revolving Door

Business Wire

WASHINGTON -- November 19, 2012

Today, Citizens for Responsibility and Ethics in Washington (CREW) and Brave
New Foundation released Strategic Maneuvers, a new report and short film
revealing the extent of the Pentagon’s revolving door phenomenon, in which
retired high-ranking generals and admirals cash in on their years of military
experience by taking lucrative jobs with the defense industry. CREW found 70
percent of the 108 three-and-four star generals and admirals who retired
between 2009 and 2011 took jobs with defense contractors or consultants. In at
least a few cases, these retirees have continued to advise the Department of
Defense — all while on the payroll of the defense industry.

Click here to watch Brave New Foundation’s short film

“High-ranking generals and admirals certainly earn their stars and stripes for
their years of service in the U.S. military, but then some walk through the
revolving door and cash in on their experience and connections,” stated CREW
Executive Director Melanie Sloan. “Some high-ranking officers go on to wear
two hats: They serve as highly paid board members and consultants to defense
contractors and, at the same time, serve as advisors to the Pentagon. Given
their dual roles, how can either the public or the Defense Department be
confident in receiving unbiased counsel from those whose paychecks now depend
on maximizing profits for their new employers?”

“It’s a staggering conflict of interest,” said Brave New Foundation’s
Executive Director, Jim Miller. “The public has a right to know if those
responsible for spending our tax dollars are going to work for the very same
contractors profiting from defense spending. We applaud CREW for shining a
light on this issue with this report and we plan to share our video far and
wide to help inform the public about this abuse of power, and build momentum
for stopping it.”

In 2011 alone, the Department of Defense committed to spending nearly $100
billion with the five largest defense contractors — Lockheed Martin, Boeing,
General Dynamics, Raytheon, and Northrop Grumman. CREW’s research found at
least nine of the top-level generals and admirals who retired between 2009 and
2011 took positions with those five companies. Sitting on the board of just
one of these companies and attending a few meetings a year can allow a retired
general or admiral to earn more than his yearly government salary.

“Hiring a retired general can be a financial boon for a defense contractor,
but it remains a mystery to Americans exactly what these former military
officials do to earn their paychecks,” continued Ms. Sloan. “With the
possibility of massive cuts to the defense budget, contractors are scrambling
to position themselves on the winning side, making retired generals and
admirals a valuable commodity. Since the revolving door is unlikely to stop
spinning anytime soon, clearly we need some new laws to manage retirees’
potential conflicts of interest.”

Click here to read the new report, Strategic Maneuvers

Click here to read this release on CREW’s website

Citizens for Responsibility and Ethics in Washington (CREW) is a non-profit
legal watchdog group dedicated to holding public officials accountable for
their actions. For more information on the report, please visit
www.citizensforethics.org or contact David Merchant at 202.408.5565 or
dmerchant@citizensforethics.org. For more information on the video, please
visit www.bravenewfoundation.org or contact Josh Busch at 310.991.2503 or
josh@bravenewfoundation.org.

Contact:

CREW
David Merchant, 202-408-5565
dmerchant@citizensforethics.org
or
Brave New Foundation
Josh Busch, 310-991-2503
josh@bravenewfoundation.org
 
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