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Halliburton Responds to Larry Klayman's Supersillyous Suit(My Title)
CBS Market Watch "Big Charts" Web Site ^
| 7/10/2002
| MarketWatch.com
Posted on 07/10/2002 11:04:03 AM PDT by SierraWasp
click here to read article
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To: Amelia
No, actually I am not. Feel free to enlighten me though, seriously.
If it is an offensive term for a good reason, I will stop using it.
To: FreedominJesusChrist
That is the only logical reason I could think of off the top of my head, as to why Cheney is included in this lawsuit. Fact: Cheney had not been a part of Halliburton for a year when these people bought their stock.
Fact: One shareholder gained money, one lost a small amount.
Fact: The accounting changes were disclosed in the annual report. Shareholders should exercise due diligence.
CLUE: Cheney was included in the lawsuit because he's vice-president and Klayman wanted the publicity. For no other logical reason.
To: FreedominJesusChrist
Larry isn't "investigating" anything, this is a witch hunt.
I say that we sue Larry, so that we can "investigate" him, and see if he's guilty of committing any crimes associated to the millions donated to JW.
But then again, if anyone really did that, Larry and the Klayborg would be shouting "witch hunt" from every rooftop.
As a matter of fact, you all ARE shouting "witch hunt" from the rooftops about the audit, aren't they?
To: FreedominJesusChrist
It relates to what Monica Lewinsky did.
To: deport
deport, deport, deport.
Your effort to legitimize the IRS' gestapo tactics is quite depressing to me. I know it's so cliche', but that is so Orwellian, or worse yet, Fahrenheight 451ish.
To: Luis Gonzalez
I say that we sue Larry, so that we can "investigate" him, and see if he's guilty of committing any crimes associated to the millions donated to JW.
I think this is underway by the IRS now. I hope 'eww' is clean as he claims to be.....
To: Amelia
Oh, well then I will try not to use that term. Thanks.
To: deport
Have any accounting standards/practices been violated by Cheney or Halliburton? Perhaps. The better question is are those standards and practices fraudulent?
Or you just blowing?
I'm not Monica.
To: Amelia
"Fact: Cheney had not been a part of Halliburton for a year when these people bought their stock."But we do not know how much of these fraudulent practices were already in place when Cheney was part of the company, even if they had "changed" their accounting practices.
To: FreedominJesusChrist
No worse than frivilous lawsuits..... If he's clean then he's got nothing to worry about and then can get on with the business of ferreting out gov't corruption on his cruises. Otherwise who knows .....
To: deport
"he was supposed to triple his money or so the broker told him." Any broker that ever claimed anything close to that should be fired, yesterday.
It is against NASD rules/regulations to make any claim such as that. Including a comment such as "I know", or "I guarantee", or "You can't lose".
Even the e-mail is monitored. If a word such as that is flagged a hard copy shows up in your mailbox the next day with a meeting scheduled to "discuss" the situation with Compliance.
The NASD does not mess around!
If I had to bet, my money would be that online trading not only helped create the tech bubble, but the tech wreck. It was just too easy to make money. Internet trading should be reserved for investors sophisticated enough to do their homework.
That said, I know all brokers aren't ethical. It's sad. But the claim here is that Halliburton did something wrong, unlike some of the others where brokerage firms have been charged with hyping the stock for profit.
Heck, we're the bad guys almost as often as lawyers! ;)
To: Mo1
LOL! Well, you did pretty good on them last night. Go for it!
To: FreedominJesusChrist
these fraudulent practices
Which fraudulent practices......? Which accounting standard was fraudulent?
To: terilyn
Nice try. That commercial was made in 1996.
Keep digging.
So Cheney was in bed with a corrupt and fraudulent accounting firm since 1996? I wonder if he made any money out of the association?
To: FreedominJesusChrist
Well you started it by stating that your law books were turning you on!
To: Deb
"Since Halliburton, with its incredible drilling services, is one of the truest American corporate heroes I can think of, Klayman has positioned himself as an opportunist of historically evil proportions."Yeah, like being prosecuted and declared guilty for trading with Libya, which is a terrorist state. Real admirable...
To: FreedominJesusChrist
"But we do not know how much of these fraudulent practices were already in place when Cheney was part of the company..."Can't you see how utterly disgusting that statement is? You are actually admitting that there is absolutely no proof that Dick Cheney did anything wrong, while supporting Larry suing him.
To: terilyn
I meant that intellectually, not in a sexual way.
To: UnBlinkingEye
The better question is are those standards and practices fraudulent?
Were they not GAAP.....
To: UnBlinkingEye
So Cheney was in bed with a corrupt and fraudulent accounting firm since 1996? I wonder if he made any money out of the association? Yeah and so was 99% of the country's corporations PLUS the United States Government. What the hell is your point?
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