Payoff

Radar has an interesting article up today giving us some highlights of the connections between the defense industry and public officials who are needing to "spend more time with the family". It's an helpful article that shows you how you too can invest in these companies to join in the wealth of war! Here's George Tenet as the first example:

The ex-CIA director who called Iraqi WMDs a "slam dunk" has joined the British military tech firm QinetiQ (meant to connote James Bond's gadget genius, Q) which offers quirky products like exploding ink, bullet-firing robots, and a submersible device to detect terrorist scuba divers. Of course, that's in addition to a line of no-nonsense weaponry like "dense metal kinetic energy penetrators" and "electromagnetic and electrothermal chemical guns." This gig is just the latest in string that has landed Tenet $2.3 million in salary and stock since his retirement in 2004.

PROGNOSIS: A skeptical UK government audit called QinetiQ's profits "excessive." So what's their point?

TICKER: QQ (London)

Swell.