More excerpts...
....To add to Halliburton's troubles, The SEC is currently investigating the company's book cooking practices. Over a four year period with Cheney as chief executive, Halliburton inflated profits by at least $234 million. The SEC was not kept in the loop, and investors were not told for more than a year how poorly the corporation was really performing. Several lawsuits are pending as a result...
One pending class action lawsuit is being pursued by Larry Klayman at Judicial Watch. When Klayman sent a courier to the White house to serve the lawsuit on Cheney the courier was denied entrance and threatened with arrest. Wasn't it the Republicans who were the ones three years ago chanting, "nobody is above the law?"...
The former Secretary of Defense helped his company obtain 812 Defense Department contracts for the year 1999 alone -- at a cost to the U.S. government of $664,669,000. Halliburton and its subsidiaries also had contracts in 1999 with NASA ($53 million), the State Department ($31 million), and even with the National Institutes of Health ($40 million). The Center for Public Integrity describes Halliburton during the Cheney years as "a corporate welfare hog."...
Under Cheney's direction Halliburton and its subsidiaries did business with two of the seven nations listed as " State Sponsors of Terrorism." The Halliburton subsidiary Brown & Root was fined $3.8 million for violating sanctions against dealing with Libya. Halliburton sold more than $73 million in services to Saddam Hussein's Iraq. When questioned on ABC-TV, July 30, 2000, Cheney said "We've not done business in Iraq since U.N. sanctions were imposed on Iraq in 1990." That statement was not true! Three weeks later he was forced to recant when records surfaced in the media disputing his claim. He could not bring himself to admit an outright lie or deception. Instead he said, "We inherited [bought!] two joint ventures with Ingersoll-Rand that were selling some parts into Iraq, but we divested ourselves of those interests." He forgot to mention that the divestiture occurred 18 months later, after $30 million in new contracts had been negotiated with Baghdad....
norcaldem.com |
