Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Threshold who wrote (9083)	7/1/2002 11:44:46 AM
From: Dave Gore	Read Replies (2) of 16631

Trouble at the Top ---- Is VP Cheney Next? Guess who Halliburton's auditor was? Yep, Arthur Andersen link: news.bbc.co.uk **** "Unfortunately for Mr Bush, that could well include his own second in command. Among the big corporations currently in the firing line of the Securities and Exchange Commission is Halliburton, the oil giant whose chairman and chief executive - till July 2000 - was current US vice president Dick Cheney. The SEC is examining allegations that Halliburton relabelled $100m in disputed costs on oil contracts to bolster its financial position during tough merger negotiations." At the time of the alleged switch - 1998 - the firm's auditors were Arthur Andersen, the accountants already disgraced by a conviction for obstructing justice following the Enron scandal and implicated in WorldCom's misdeeds as well.

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