It seems the Coast Guard is expunging the incompetent leadership from its ranks and sending them to the TSA. According to a February 13, 2004 memo from DHS Inspector General Clark Kent Ervin to Secretary Tom Ridge, the Coast Guard cannot account for $497 million in "operating materials and supplies." If you include the $637 million that Mr. Loy overspent to hire screeners, we're talking about real money.
I wonder if Messrs. Stone and Loy live in fancy mansions.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by TSAMGR:
Admiral Loy is no longer the Administrator of the TSA. Admiral Stone (another Coast Guard Adm.) is now in charge. He is the former FSD of LAX.
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