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Old 02-09-2019, 08:13 AM
  #19  
SeaNile Boater
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Join Date: Jan 2005
Location: Fuquay Varnia, NC Beaufort NC
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Originally Posted by km1125 View Post
This part:
" Westinghouse bought thousands of hand-machined nuts that cost $114 each, rather than sturdier, off-the-shelf nuts that retailed for $2.20, according to The Post and Courier. There was a reason for that: Westinghouse got to charge 15 percent overhead on everything it spent. Every thousand nuts meant $17,100 in revenue for the company, rather than the $330 it would have collected if it used the cheaper version. "

That might be a dramatic oversimplification, but if it's close to the truth wouldn't that be some kind of fraud that someone should go to jail for?
Lots of these "nuts" weigh hundreds of lbs. and legitimate for the application on some systems. Your "reason" is severely flawed. Everything is under strict audits.
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