Blackwater CEO: New president will continue to use contractors

By David Edwards
Tuesday, July 22, 2008 8:26 EDT
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(AP) During a driving tour of the company’s North Carolina compound, Blackwater Worldwide founder and CEO Eric Prince told The Associated Press that the company plans a shift away from the security contracting business.

Prince discourage new companies from focusing on security contracting because of the decreased need in Iraq. Prince said, “Whoever takes over in January, whatever party, the U.S. government is still going to need a lot of this kind of work done.”

This video is from The Associated Press, broadcast July 21, 2008.

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David Edwards
David Edwards
David Edwards has served as an editor at Raw Story since 2006. His work can also be found at Crooks & Liars, and he's also been published at The BRAD BLOG. He came to Raw Story after working as a network manager for the state of North Carolina and as as engineer developing enterprise resource planning software. Follow him on Twitter at @DavidEdwards.
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