SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan B. who wrote (467191)9/29/2003 11:36:27 PM
From: Doug R  Read Replies (1) of 769670
 
Cheney was Secretary of Defense in 1991 when he created a contract vehicle for and gave contracts to Halliburton that resulted in millions of dollars of revenue. After leaving the administration Cheney served as CEO of Halliburton from 1995 to 2000. Then he became Vice President and Halliburton was awarded hundreds of millions of dollars of non-competitive contracts as part of the Gulf War in 2003.

The practice of delegating a vast array of logistics operations to a single contractor dates to the aftermath of the 1991 Persian Gulf War and a study commissioned by Cheney, then defense secretary, on military outsourcing. The Pentagon chose Brown and Root to carry out the study, and subsequently selected the company to implement its own plan. Cheney served as chief executive officer of Brown and Root's parent company, Halliburton, from 1995 to 2000, when he resigned to run for the vice presidency. . . .Halliburton, the company formerly headed by Vice President Cheney, has won contracts worth more than $1.7 billion out of Operation Iraqi Freedom and stands to make hundreds of millions more dollars under a no-bid contract awarded by the U.S. Army Corps of Engineers, according to newly available documents. Michael Dobbs, Washington Post 8/28/03
washingtonpost.com
The conflict of interest issue is deeper than current deferred salary and options held.
Cheney has a revolving door conflict of interest rapsheet already.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext