EADS (Airbus) : has there ever been a less efficient and more corrupt governmental conglomerate?

Question

True enough Fagguitto, but those Wall Street crooks are private entrepreneurs. The U.S. Dept of Justice has had the FBI arrest over 4oo of them for involvement in the Sub-Prime Ripoff. A good start.

Answer 1

Yes - the Iraqi Oil Industry .. and especially the US led 'Oil for Aid' and post Iraqi war re-building efforts

Answer 2

They seem to be doing ok. If a billion or two are wasted but everything else is basically under control... who cares? Not everything has to be done at 100% efficiency. If you wanna point your finger towards waste and corruption choose a better target. How about Wall Street? Those fat bankers contribute nothing to society yet cash in billions in fees and bonds for creating planetary wide depressions.

Answer 3

The Russian oil & gas industry (specifically Gazprom and Lukoil) is a prime example. Slowly becoming more efficient since the breakup but, apparently, still wallowing in corruption.