Meanwhile, Vermont Congressman Peter Welch said a major factor in the conditions at Walter Reed might be the result of the privatization of services. Welch cited a five-year $120 million contract given to a company called IAP Worldwide Services, which is operated by a former Halliburton executive. The Corporate Research Project is reporting IAP has close ties to the Republican Party. Ownership of the company is controlled by the giant hedge fund Cerberus, whose chair is former Bush administration Treasury Secretary John Snow. The IAP board of directors includes former Vice President Dan Quayle and retired Marine Corps Commandant Gen. Michael Hagee.