Halliburton's business dealings in Iran: Waxman’s and Thompson’s complaints revolve around a Halliburton subsidiary called Halliburton Products and Services, which is based in Dubai and registered in the Cayman Islands, a tax haven in the Caribbean. As the Financial Times first reported, the subsidiary opened an office in Tehran in February 2000, when Cheney was still CEO of Halliburton. The subsidiary has sold $40 million worth of oil services in Iran.
Thompson, who is acting on behalf of the city’s pension funds, has asked Halliburton for clarifications about its business dealings in Iran, a country listed by the American government as a sponsor of terrorism and thus subject to stringent U.S. trade sanctions. Thompson claims that Halliburton has been using its subsidiary to circumvent a 1995 executive order barring American companies from doing business with Tehran.
posted by hoder
on Jul 7, 2004 -
5 comments
The Paper Trail "But TIME has obtained an internal Pentagon e-mail sent by an Army Corps of Engineers official—whose name was blacked out by the Pentagon—that raises questions about Cheney's arm's-length policy toward his old employer. Dated March 5, 2003, the e-mail says "action" on a multibillion-dollar Halliburton contract was "coordinated" with Cheney's office. The e-mail says Douglas Feith, a high-ranking Pentagon hawk, got the "authority to execute RIO," or Restore Iraqi Oil, from his boss, who is Deputy Defense Secretary Paul Wolfowitz. RIO is one of several large contracts the U.S. awarded to Halliburton last year"
posted by Postroad
on May 31, 2004 -
28 comments
My vote for
best sentence of the year: "I did not have financial relations with Halliburton." Though I would have preferred the wording "that company" to Halliburton.
posted by coolgeek
on Sep 19, 2003 -
26 comments
Cheney in Numbers. It's hard to spin hard cold numbers. Here's a few:
*Cheney's 2000 income from Halliburton: $36,086,635
Increase in government contracts while Cheney led Halliburton: 91%
*Minimum size of "accounting irregularity" that occurred while Cheney was CEO: $100,000,000 (One hundred MILLION dollars)
*Number of the seven official US "State Sponsors of Terror" that Halliburton contracted with: 2 out of 7
*Pages of Energy Plan documents Cheney refused to give congressional investigators: 13,500
*Amount energy companies gave the Bush/Cheney presidential campaign: $1,800,000
I
also loved this quote:
"Cheney and Bush want privacy for their conversations, but not for anyone else's." --Tony Mauro in USA Today, Feb. 27, 2002
posted by nofundy
on Jul 16, 2002 -
25 comments
Cheney caught in lie. "According to oil industry executives and confidential United Nations records, however, Halliburton held stakes in two firms that signed contracts to sell more than $73 million in oil production equipment and spare parts to Iraq while Cheney was chairman and chief executive officer of the Dallas-based company."
That would be the same Iraq Cheney/Bush blew to smithereens for his oil buddies.
posted by owillis
on Jun 23, 2001 -
9 comments