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 : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (55229)3/4/2006 4:01:01 PM
From: tonto  Respond to of 93284
 
It has always been clear that Cheney had deferred compensation coming. You failed to read the SEC filings which does not surprise me.
The money he makes off the options are being donated to charity...I know you like to push lies, but the facts never hurt...



To: American Spirit who wrote (55229)3/4/2006 4:04:56 PM
From: tonto  Respond to of 93284
 
Let's look at the reasoning of AS...(reasonong is a poor choice of words)

Clinton awards Haliburton no bid contract in Yugoslavia - Good
Bush awards Haliburton no bid contract in Iraq - Bad



To: American Spirit who wrote (55229)3/4/2006 4:13:32 PM
From: Karen Lawrence  Read Replies (1) | Respond to of 93284
 
the Congressional Research Service (CRS) concluded in Sept. 2003 that holding stock options while in elective office does constitute a “financial interest” regardless of whether the holder of the options will donate proceeds to charities.
His options value has gone from about $345k to $8 million.
Cheney continues to hold 433,333 Halliburton stock options. The company has been criticized by auditors for its handling of a no-bid contact in Iraq. Auditors found the firm marked up meal prices for troops and inflated gas prices in a deal with a Kuwaiti supplier. The company built the American prison at Guantanamo Bay.

The Vice President has sought to stem criticism by signing an agreement to donate the after-tax profits from these stock options to charities of his choice, and his lawyer has said he will not take any tax deduction for the donations.

However, the Congressional Research Service (CRS) concluded in Sept. 2003 that holding stock options while in elective office does constitute a “financial interest” regardless of whether the holder of the options will donate proceeds to charities. CRS also found that receiving deferred compensation is a financial interest.
rawstory.com