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Blackwater moves away from controversial private security contracting.

By Amanda Terkel on July 21, 2008 at 4:49 pm

"Blackwater moves away from controversial private security contracting."

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Contractor Blackwater Worldwide has announced that it will “shift away from the private security business that brought it unwelcome attention” following a deadly shooting in Baghdad last September. Executives say that the “negative media coverage and intense government scrutiny has made the cost of doing business too high” and complain that Blackwater has “unfairly come to symbolize all Iraq contractors and thus is a flash point for those opposed to the war.”

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