A few years back a man I was working for was recruited to help set up a subsidary for a big contractor. The whole reason for the subsidary was to have have a minority owner that could bid on certian contracts. The minority "owner" just had to sign the corporation papers. I think the plan was for the bigger companies owner to have a minority stake of 49% in the minorty owned company. He then would put together the bids and have them submitted. His minority company would then hire the bigger company to work the job under them. A small percentage was to be left over for the minortiy company to split as profit. I don't think they actually got the scam going, but the contrator who was trying to do it is still in business and is a fairly big player in the area.

Never figured you would have cared nor did I really care if you did. Just posting jibberish as you do daily....

Keith