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Politics : Don't Blame Me, I Voted For Kerry

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To: Rock_nj who wrote (15043)4/15/2004 6:37:31 PM
From: Augustus GloopRead Replies (1) of 81568
 
Yes, the vice president still gets an annual Halliburton check. When he resigned as CEO to become the hand in the George W. Bush talking puppet, Cheney arranged his massive $36 million severance package to be paid out over a period of years, so as to pay less tax. Cheney says that this check comes in regardless of whether the enormous oil-and-defense contractor has a good year or a bad one, and so he has "no financial interest in Halliburton of any kind."

Here is more on his stock options

STOCK OPTIONS

At the end of 2002, Vice President Cheney's financial disclosure form stated that he continued to hold 433,333 unexercised Halliburton stock options, with exercise prices above the company's current stock market price. The Vice President has signed an agreement to donate any profits from these stock options to charity, and has pledged not to take any tax deduction for the donations.
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