Name change didn't rescue Blackwater from its bad reputation
(NEWSER) - The private security firm that used to be known as Blackwater is up for sale, after a recent name change to Xe Services failed to cure its dismal reputation. Founder Erik Prince has put the company on the block, saying improvements since the disastrous shootout at a Baghdad intersection in 2007 should have put the company back in the good graces of the US government, but they haven't. “Performance doesn’t matter in Washington, just politics,” he complains in a statement given to the AP. More»
