Amazing how long the congress took to learn this.

Fed inspectors: Katrina contracts wasteful - Boston.com:

"Government agencies paid inflated prices for goods and services in the aftermath of Hurricane Katrina in a system riddled with waste, three government inspectors general testified at a congressional hearing Monday.

It was the first time the three government auditors -- inspectors general with the Department of Homeland Security, Department of Defense and Army -- publicly disclosed figures on government waste in the Katrina recovery effort.

The inflated prices were a result of poor planning as well as a lack of proper oversight, the three said."