A bit of politics
Jul. 15th, 2002 09:35 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ghiniThe Washington Post's primer on Halliburton.
Dick Cheney was chairman and CEO of Halliburton from 1995 - 2000.
" A little more than a month ago, Halliburton announced that the SEC had begun a probe into the company's booking of cost overruns on energy-related construction jobs. This practice accounted for the overruns as revenue, even if customers had not yet approved the charges, and inflated Halliburton profits by almost $100 million in 1998.
According to a June 2, 2002, Washington Post story, Halliburton said a shift in its mix of business mandated the new accounting policy, and that it conformed to generally accepted accounting principles. The accounting change was approved by Halliburton auditor Arthur Andersen."
"Halliburton came under fire in the early '90s for supplying Libya and Iraq with oil drilling equipment which could be used to detonate nuclear weapons."
Right now Cheney is like the First Assistant Badguy in a Leathal Weapon style action movie. He's firing his machine gun right next to his boss, fighting the good guys. But as soon as Mel Gibson gets the drop on Chief Bad Guy you can bet your ass he will reach over and grab Dick and use him as a human shield.
I love watching dirty politicians squirm like salted slugs when they get busted.
Dick Cheney was chairman and CEO of Halliburton from 1995 - 2000.
" A little more than a month ago, Halliburton announced that the SEC had begun a probe into the company's booking of cost overruns on energy-related construction jobs. This practice accounted for the overruns as revenue, even if customers had not yet approved the charges, and inflated Halliburton profits by almost $100 million in 1998.
According to a June 2, 2002, Washington Post story, Halliburton said a shift in its mix of business mandated the new accounting policy, and that it conformed to generally accepted accounting principles. The accounting change was approved by Halliburton auditor Arthur Andersen."
"Halliburton came under fire in the early '90s for supplying Libya and Iraq with oil drilling equipment which could be used to detonate nuclear weapons."
Right now Cheney is like the First Assistant Badguy in a Leathal Weapon style action movie. He's firing his machine gun right next to his boss, fighting the good guys. But as soon as Mel Gibson gets the drop on Chief Bad Guy you can bet your ass he will reach over and grab Dick and use him as a human shield.
I love watching dirty politicians squirm like salted slugs when they get busted.
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no subject
Date: 2002-07-15 09:44 pm (UTC)