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Tim Shorrock, a veteran investigative journalist and a longtime subscriber to the Dirt Diggers Digest, has just come out with a book called Spies for Hire: The Secret World of Intelligence Outsourcing.
Shorrock describes how an activity that used to be handled by spooks on
the federal payroll has been steadily transformed into a $50 billion
Intelligence-Industrial Complex.
The U.S. Department of Defense is developing regulations to deal with the more than 60 private security companies -- totaling about 25,000 employees -- working throughout Iraq as the country struggles to rebuild itself during a time of war.
The Carlyle Group, one of the world's largest private equity funds, may soon buy out the $2 billion dollar intelligence division of Booz Allen Hamilton, one of the biggest advisors to the U.S. spy community.