Announcement

Collapse
No announcement yet.

Corporations Fined for Sharing Information

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Corporations Fined for Sharing Information

    ST. LOUIS (Reuters) - Hughes Electronics Corp. and Boeing Co.'s Boeing Satellite Systems unit said Wednesday they agreed to a $32 million civil penalty with the U.S. Department of State, arising out of allegations that the companies might have illegally shared sensitive space technology with China in the 1990s.

    The penalty includes the payment of $20 million in cash over seven years, $8 million to strengthen export compliance programs and $4 million already credited for past expenses on export program enhancements, the companies said. Hughes and the Boeing unit will appoint a third party to monitor export compliance.

    "Hughes Electronics Corp. and Boeing Satellite Systems acknowledge the nature and seriousness of the offenses charged by the Department of State, including the harm such offenses could cause to the security and foreign policy interests of the United States," said Jack Shaw, Hughes's chief executive, and Dave Ryan, Boeing Satellite's vice president and general manager, in a joint statement.

    The companies said they regretted not obtaining necessary licenses. The government's charges related primarily to the Boeing unit's involvement in reviews of two failed launches of commercial communications satellites on Chinese rockets in 1995 and 1996, the companies said.

    ***********

    Follow me on Twitter: http://twitter.com/DaveDaDouche
    Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

  • #2
    If you were anybody else I'd assume you were giving the thumbs-down to Boeing and Hughes...
    12-17-10 Mohamed Bouazizi NEVER FORGET
    Stadtluft Macht Frei
    Killing it is the new killing it
    Ultima Ratio Regum

    Comment


    • #3
      Actually, in a way, I am. Boeing and Hughes should probably not sell some sorts of technology to morally bankrupt regimes such as that of the PRC. But the US government, in my opinion, shouldn't stop them, either.
      Follow me on Twitter: http://twitter.com/DaveDaDouche
      Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

      Comment


      • #4
        I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
        For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

        Comment


        • #5


          ACK!
          Don't try to confuse the issue with half-truths and gorilla dust!

          Comment


          • #6
            I think we should pass a law forcing US companies to share all their information with China.
            "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
            Ben Kenobi: "That means I'm doing something right. "

            Comment


            • #7
              Did boeing acquire the space technology because the US government funded them or help them in anyway?

              if not.
              :-p

              Comment


              • #8
                Did boeing acquire the space technology because the US government funded them or help them in anyway?
                Those kind of things were usually commisioned. Anywho, it could still be closely related to rocketry and weapon production, it is sensitive information. Even in America you will get smacked if you learn how to make a nuclear bomb, and then go to a communist country and help them make one, or even sell them a book on the matter... National Security Issues or something.
                Monkey!!!

                Comment


                • #9
                  **** national security - that is only an issue because of our aggressive (and now, it seems, almost unilateral) foreign policy.
                  Follow me on Twitter: http://twitter.com/DaveDaDouche
                  Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

                  Comment


                  • #10
                    Monkey!!!

                    Comment


                    • #11
                      Originally posted by David Floyd
                      **** national security - that is only an issue because of our aggressive (and now, it seems, almost unilateral) foreign policy.
                      I call BS.
                      I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                      For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

                      Comment


                      • #12
                        So you're saying that there would ever have been a threat of nuclear war involving the US if the US stayed isolationist?

                        If that's what you're saying I call BS.
                        Follow me on Twitter: http://twitter.com/DaveDaDouche
                        Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

                        Comment


                        • #13
                          If the US stayed isolationist we may never have invented nuclear weapons... Then where would we be?
                          Monkey!!!

                          Comment


                          • #14
                            Originally posted by David Floyd
                            So you're saying that there would ever have been a threat of nuclear war involving the US if the US stayed isolationist?
                            No, that's not what I'm saying. Kindly avoid responding to things I didn't say.

                            PS Where do you get this stayed isolationist line from?
                            I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                            For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

                            Comment


                            • #15
                              Japher,

                              If the US stayed isolationist we may never have invented nuclear weapons... Then where would we be?
                              A better place?

                              DD,

                              No, that's not what I'm saying. Kindly avoid responding to things I didn't say.
                              Then what are you saying? I said that national security would not be an issue if the US was not aggressive, and you called BS. I don't quite see how you can call BS on that - if the US wasn't aggressive in the past, and currently, it wouldn't face foreign threats today. At least not any I can see.
                              Follow me on Twitter: http://twitter.com/DaveDaDouche
                              Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

                              Comment

                              Working...
                              X