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Politics : PRESIDENT GEORGE W. BUSH

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To: TigerPaw who wrote (460276)9/17/2003 9:17:21 AM
From: John Carragher  Read Replies (2) of 769670
 
Cheney had already earned the salary that was now being paid, Martin said, adding that once he became a nominee for vice president, he purchased an insurance policy to guarantee that the deferred salary would be paid to him whether or not Halliburton survived as a company.

"So he has no financial interest in the company," she said.

seems to me he bought an annuity.. same as taking lump sum payment from a company you retire from vs pension or rolling over to insurance company for an annuity insurance policy... what has this to do with Halliburton... nothing.
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