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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (268741)7/1/2002 12:00:44 AM
From: Skywatcher  Read Replies (1) | Respond to of 769670
 
Trouble at the top

Unfortunately for Mr Bush, that could well include his own second in command.

Among the big corporations currently in the firing line of the Securities and Exchange Commission is
Halliburton, the oil giant whose chairman and chief executive - till July 2000 - was current US vice president
Dick Cheney.

The SEC is examining allegations that Halliburton relabelled $100m in disputed costs on oil contracts to bolster
its financial position during tough merger negotiations.

At the time of the alleged switch - 1998 - the firm's auditors were Arthur Andersen, the accountants already
disgraced by a conviction for obstructing justice following the Enron scandal and implicated in WorldCom's
misdeeds as well.

news.bbc.co.uk
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