Halliburton

Halliburton has not been making huge profits in Iraq, the New York Times has conceded.

The rebuilding of Iraq's oil industry has been characterized in the months since by increasing costs and scant public explanation. An examination of what has grown into a multibillion-dollar contract to restore Iraq's oil infrastructure shows no evidence of profiteering by Halliburton, the Houston-based oil services company, but it does demonstrate a struggle between price controls and the uncertainties of war, with price controls frequently losing.

I know this is one that Dick and Jon have been keeping an eye on.