Flashback: $1.5B contract in Iraq for Biden’s little brother

[Originally published October 22, 2012]

Mitt Romney has criticized President Obama for giving green energy subsidies to campaign donors, but a new report out ahead of the debate tonight shows that this White House’s crony capitalism has a foreign policy angle.

HillStone International won a coveted government contract in part because the company has “the little brother of the Vice President as a partner,” as David Richter, president of HillStone’s parent company explained to investors in a recent meeting reported on by Fox Business today.

“Since November 2010, James Biden has been the executive vice president of Hill International’s housing subsidiary despite little if any documented work history in residential construction,” Fox explains. “And if the company’s projections are accurate, both Hill and Biden are on the verge of a huge payday, beneficiaries, some analysts believe, of James Biden’s connections to the Obama Administration through his older brother.”


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