Dick ( Big Time ) Cheyney, our vice-president and mentor to monkey-President Bush, receives $13,000 a month from Haliburton in "deferred compensation" from when he was CEO of the company. He also has 400,000 Haliburton stock options in a "blind trust" he received on leaving the Corp. How "blind" can it be when he knows his option price, and the current Haliburton price? Wonder why Haliburton gets sweetheart, no-bid contracts? But for a Republican controlled legislature, we'd have BIG TIME conflict of interest hearings in the Senate right now. Cheyney knows every dollar he can drive the price of Haliburton up, he makes $400,000. And that's just the money we KNOW ABOUT.
If Cheney is running his office for personal profit, he is doing a poor job of it. The next trading day after Dick Cheney became Vice President, Haliburton opened at $37.75 per share. It is currently at $24.35 per share. So IF his trustee has kept the Haliburton position (which he may well not have, but Cheney doesn't know that), he has lost nearly 50 percent of the share value. If the options are still in the money at 24.35, they have declined in value by $5,360,000 since Cheney took office.
finance.yahoo.com
Regardless of how he is doing as Vice President, I don't want him managing my stocks if this is the best he can do. |
