PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Bill who wrote (29960)	8/18/2000 2:56:49 PM
From: Kenneth E. Phillipps	Read Replies (2) of 769667

Appearance of conflict of interest for Cheney - made to order for Gore/Lieberman to argue that Bush/Cheney represent the rich and powerful while they fight for working families. "Cheney's stock package. Cheney won an early-retirement stock package worth $33.7 million from Halliburton Co., the Texas energy company where he was chief executive, according to the company. Under terms of his retirement, he would be barred from cashing as much as $6 million worth of his stock options for up to three years. As a result, he could be serving as vice president while he gets huge sums from an oil-services firm with operations in the Mideast and other areas. If elected, Cheney could retain a large stake in Halliburton or decide to forfeit it, said Gary Morris, the company's chief financial officer. Because of how the options are structured, Cheney cannot sell or transfer them to charity at this point. Morris said he did not think they could be held in a blind trust. In a statement, Cheney said: "I will do whatever I need to do to avoid any conflict of interest." web.philly.com:80/content/inquirer/2000/08/18/national/GOP18.htm

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