Bechtel
Jump to navigation
Jump to search
 Bechtel  (Corporation)   | |
|---|---|
Bechtel Corporation (Bechtel Group) is the largest construction and civil engineering company in the United States,[1] and the 9th-largest privately owned American company in 2016.[2]
Related Quotation
| Page | Quote | Author |
|---|---|---|
| John Perkins | “My job was to convince heads of state of countries with resources our corporations covet, like oil, to accept huge loans from the World Bank and its sister organizations. The stipulation was that these loans would be used to hire our engineering and construction companies, such as Bechtel, Halliburton, and Stone and Webster, to build electric power systems, ports, airports, highways and other infrastructure projects that would bring large profits to those companies and also benefit a few wealthy families in the country, the ones that owned the industries and commercial establishments. Everyone else in the country would suffer because funds were diverted from education, healthcare and other social services to pay interest on the debt. In the end, when the country could not buy down the principal, we would go back and, with the help of the International Monetary Fund (IMF), “restructure” the loans. This included demands that the country sell its resources cheap to our corporations with minimal environmental and social regulations and that it privatize its utility companies and other public service businesses and offer them to our companies at cut-rate prices.” | John Perkins |
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.
References
- ↑ "ENR 2015 Top 400 Contractors 1-100". Retrieved 21 December 2015.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
- ↑ "America's Largest Private Companies: Bechtel". Forbes. Retrieved 24 July 2016.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
