Make mine an ENRON with a Halliburton chaser, Barkeep.
See, that's what I wonder: Is Haliburton gooing to go the way of enron.com
? Can Haliburton survive the scrutiney
? Can Cheney
? I mean Cheney has said some interesting things
in the past (Warning: that's a RealPlayer
link, and Cheney part starts at 2:47 min into the almost 4 min tape). And this morning I started drinking early at the Whiskey Bar
and Billmon was serving Haliburton Cleans House
on the rocks. His links are solid, and the comments pretty informative.
An Aside: Patriotism/Sychronicity on the rise? I noticed whilst going back to link to the Whiskey Bar, the Billmon had titled his next post following this one, Whiskey Bar: My Country 'Tis of Thee, and I had used "My Country 'Tis of Thee, Sweet land of liberty So, why am I scared?" just a little earlier.
Then think about it. Can Haliburton survive the scrutiney? Would it not be totally ironic if at the end of the day, if these fiascos either engender a share holder uprising, or even force them into bankruptcy? Either would force greater transparency in Haliburton's business practices, which, due to how integral Halliburton's business is to the whole petroleum industry, would lead to geater transparency of the whole industry; one whose business dealings have conducted behind closed doors since the days Rockefeller.
Update: 06/20/04 0917hrs. The troll named Harry provided this link: Cheney, Halliburton to be Sued over Alleged Accounting Fraud:
A legal watchdog group says it plans to file a shareholders lawsuit Wednesday, alleging U.S. Vice President Dick Cheney and a company he ran for five years engaged in accounting fraud.
But I wonder if we have to weight until Cheney is not actively runing the country before things can move quickly. Tried this Google Search: lawsuit halliburton and up comes some interesting info.
The lawsuit by Judicial Watch will charge that actions by the Halliburton Company, Mr. Cheney and other directors of the firm resulted in the overvaluation of company shares, deceiving investors.