Posted on Oct 20, 2013
Does anyone know why there is a need for Blackwater-ahem Xe-ahem, Academi needs to change their name three times ??
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They are apparently contract security for the US State Dept and have been doing some other things in the Law Enforcement AOR. They got kicked out of Iraq by the gov't by the same name and apparently are on their way back. Check em out....first CEO former US Navy SEAL Erik Prince who needs no introduction. Don't get me wrong, I have a special place in my heart for special operators, but WTF is going on with them?
Government Contracts
Operation Iraqi Freedom (OIF)
Navy SEALs
Posted 11 y ago
Responses: 7
Suspended Profile
SGT Barnhart,
Corporations often change their names to hide from bad reputations.
This is business as usual. Sometimes people change their names too.
Warmest Regards, Sandy
http://www.neatorama.com/2009/09/10/companies-renamed-to-hide-from-bad-reputations
Blackwater to Xe
Philip Morris to Altria
ValuJet to AirTran
WorldCom to MCI
Andersen Consulting to Accenture
Corporations often change their names to hide from bad reputations.
This is business as usual. Sometimes people change their names too.
Warmest Regards, Sandy
http://www.neatorama.com/2009/09/10/companies-renamed-to-hide-from-bad-reputations
Blackwater to Xe
Philip Morris to Altria
ValuJet to AirTran
WorldCom to MCI
Andersen Consulting to Accenture
SGT (Join to see)
Thank ya ma'am. I didn't know that he was doing other nefarious stuff too.
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CW3 (Join to see)
And now AirTran has been purchased by AirBus *cough* I mean...Southwest.
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They have changed their name to try and seperate themselves from the "black marks' the company has received in the past. Erik Prince sold his stake in the company and it is under completely new management. The book "Blackwater: The Rise of the World's Most Powerful Mecenary Army" and "Civilian Warriors" give you two good sources about how they rose to power and what really happened to them.
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Erik Prince owns the rights to the name Blackwater and has chose to not release the name after selling Blackwater Worldwide in 2010 to a group of investors. Prince currently heads the private equity firm Frontier Resource Group and lives in both Virginia and the United Arab Emirates. That is one of the reasons for the name change.
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