Wackenhut's Florida headquarters
Wackenhut is a global security company that has guarded U-S embassies, nuclear power plants and the trans-Alaska oil pipeline as well as neighborhood malls and countless private homes. The now defunct Spy Magazine traced the firm's early days:
The firm was started in 1954 by former FBI agent George Wackenhut, who had close ties with all sorts of politicians which helped him secure multi-million-dollar contracts from the government, contracts which continue to this day.The second thing that helped make George Wackenhut successful was that he was, and is, a hard-line right-winger. He was able to profit from his beliefs by building up dossiers on Americans suspected of being Communists or merely left-leaning—"subversives and sympathizers," as he put it—and selling the information to interested parties. According to Frank Donner, the author of Age of Surveillance, the Wackenhut Corporation maintained and updated its files even after the McCarthyite hysteria had ebbed, adding the names of antiwar protesters and civil-rights demonstrators to its list of "derogatory types." By 1965, Wackenhut was boasting to potential investors that the company maintained files on 2.5 million suspected dissidents—one in 46 American adults then living. In 1966, after acquiring the private files of Karl Barslaag, a former staff member of the House Committee on Un-American Activities, Wackenhut could confidently maintain that with more than 4 million names, it had the largest privately held file on suspected dissidents in America. In 1975, after Congress investigated companies that had private files, Wackenhut gave its files to the now-defunct anti-Communist Church League of America of Wheaton, Illinois. That organization had worked closely with the red squads of big-city police departments, particularly in New York and L.A., spying on suspected sympathizers; George Wackenhut was personal friends with the League's leaders, and was a major contributor to the group. To be sure, after giving the League its files, Wackenhut reserved the right to use them for its clients and friends.Wackenhut had gone public in 1965; George Wackenhut retained 54 percent of the company. Between his salary and dividends, his annual compensation approaches $2 million a year, sufficient for him to live in a $$20 million castle in Coral Gables, Florida, complete with a moat and 18 full-time servants. Today the company is the third-largest investigative security firm in the country, with offices throughout the United States and in 39 foreign countries. [Wackenhut died in 2005 --ed.]