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Flame war. |
Posted on 07/10/2002 11:04:03 AM PDT by SierraWasp
12:57PM Halliburton responds to Judicial Watch lawsuit (HAL) by Michael Baron Halliburton (HAL) is off 30 cents, or 2.1 percent, to $13.82, in midday action. The company is out with a press release responding to a lawsuit filed by Judicial Watch, a Washington, D.C.-based legal watchdog group. The suit alleges fraudulent accounting practices at Halliburton took place during the period when current vice president Dick Cheney served as its chairman and CEO. Halliburton called the claims in the suit, "untrue, unsupported, and unfounded." The company continued: "We are working diligently with the SEC to resolve its questions regarding the company's accounting procedures. Halliburton has always followed and will continue to follow guidelines established by the SEC and GAAP, General Accepted Accounting Principles."
Basically it says that Cheney knew of the accounting practices Klayman alleges are fraudulent.
The entire Newsweek article was pretty well debunked (as far as the accounting practices being "fraudulent") on another thread last night, by people who know a great deal more about accounting than most of us on this thread.
"If I do say so myself," said Larry Klayman.
ROFLMAO.
And you think that young adults don't? Some of us are busy bees too.
Link, please.
Oh, the super Bush supporter crowd here.
Why don't you just say, "Well, this article has been officially debunked by me and Howlin." LOL!
If Larry Klayman doesn't write these press releases, whoever does writes EXACTLY, PRECISELY, WORD FOR WORD what Klayman tells them to write.
Have you seen the latest JW press release?
Just now. It is the same self-serving detritus that Klayman is famous for.
Judicial Watch filed its lawsuit against Vice President Cheney, Halliburton and others in the U.S. District Court for the Northern District of Texas in Dallas.
In fact, the entire rationale for the lawsuit is to give Russ Verney something to do.
I haven't seen one yet that isn't when they come out of this office.
On the contrary, we PROVED Larry was a liar a couple of days ago...remember the press release about the JW poll?
Produce ONE that is on my Profile page that I have linked on this thread.
Just one.
Actually that person would be called a secretary
. "The vice president was aware of who owed us money, and he helped us collect it," Mr. Lesar told Newsweek.
Your boy Larry has just stuck his foot in his Grand Canyon mouth. In the interview with CNN posted earlier he stated that the problem contracts were "cost-plus" contracts. Now my naive little friend THERE IS NO SUCH THING AS A "COST OVER RUN" in a cost plus contracts. There are ONLY production check estimates at scheduled intervals to recast the original price and release of CONTINGENCY funds from the original estimate. Based on the check estimate the project is either continued under the new budget OR it is shelved. Once again Larry is beating his sorry self with his public display of monumental ignorance. This is becoming hilarious to watch
Is that like counting your chickens before the eggs are hatched?
The press release was on HIS WEB SITE. Get a clue.
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