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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (15070)4/15/2004 7:07:36 PM
From: Augustus GloopRead Replies (1) of 81568
 
First of all His options are under water which means below the strike price he owns them at.

STOCK OPTIONS

At the end of 2002, Vice President Cheney's financial disclosure form stated that he continued to hold 433,333 unexercised Halliburton stock options, with exercise prices above the company's current stock market price. The Vice President has signed an agreement to donate any profits from these stock options to charity, and has pledged not to take any tax deduction for the donations.


Second of all he's signed an agreement saying that anything made on those options will go to charity.
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