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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

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."


TOPICS: Breaking News
KEYWORDS: vpdickcheney
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To: FreedominJesusChrist
This headline is pretty misleading: HALLIBURTON CEO ADMITS CHENEY KNEW OF ALLEGED FRAUDULENT ACCOUNTING POLICIES

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.

2,501 posted on 07/15/2002 8:27:59 PM PDT by Amelia
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To: terilyn
Every single word out of JW should be read with the following sentence in mind...

"If I do say so myself," said Larry Klayman.

ROFLMAO.

2,502 posted on 07/15/2002 8:28:38 PM PDT by Howlin
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To: Iwo Jima
"Sometimes adults have other matters which they must attend to."

And you think that young adults don't? Some of us are busy bees too.

2,503 posted on 07/15/2002 8:29:45 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist
I am calling Larry Klayman a liar because he IS a liar. There's enough proof of that on this very thread. He twisted better than Bill Clinton.
2,504 posted on 07/15/2002 8:29:47 PM PDT by Howlin
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To: Fred Mertz
Halliburton is trying to distance itself from the Veep

Link, please.

2,505 posted on 07/15/2002 8:30:52 PM PDT by Howlin
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To: Amelia
Debunked by who?

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!

2,506 posted on 07/15/2002 8:32:03 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist
whoever writes these press releases does a good job

If Larry Klayman doesn't write these press releases, whoever does writes EXACTLY, PRECISELY, WORD FOR WORD what Klayman tells them to write.

2,507 posted on 07/15/2002 8:32:03 PM PDT by Howlin
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To: FreedominJesusChrist
sink,

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.

2,508 posted on 07/15/2002 8:32:39 PM PDT by sinkspur
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To: Amelia
This headline is pretty misleading

I haven't seen one yet that isn't when they come out of this office.

2,509 posted on 07/15/2002 8:33:06 PM PDT by Howlin
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To: Howlin; Fred Mertz
Fred, we should ask Howlin to link everything she says too. But we all know where that link will lead to anyway--right back to her profile page, that's where.
2,510 posted on 07/15/2002 8:33:26 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist; Mo1
Well I certainly hope Larry didn't post this as a press release.

Whoops, I guess he did.

I wonder how Newsweek will feel about Larry plagiarizing their hard work?

Because you know, "No one is above the law".
2,511 posted on 07/15/2002 8:33:28 PM PDT by terilyn
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To: FreedominJesusChrist
The only reason you are calling Larry a liar is because you don't agree with him.

On the contrary, we PROVED Larry was a liar a couple of days ago...remember the press release about the JW poll?

2,512 posted on 07/15/2002 8:33:57 PM PDT by Amelia
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To: Howlin; deport; ned
Over Larry's dead body...
2,513 posted on 07/15/2002 8:34:11 PM PDT by terilyn
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To: Amelia
Like I said before, he was probably talking to the media before the poll results were finished.
2,514 posted on 07/15/2002 8:34:41 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist
But we all know where that link will lead to anyway--right back to her profile page, that's where.

Produce ONE that is on my Profile page that I have linked on this thread.

Just one.

2,515 posted on 07/15/2002 8:35:06 PM PDT by Howlin
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To: Howlin
If Larry Klayman doesn't write these press releases, whoever does writes EXACTLY, PRECISELY, WORD FOR WORD what Klayman tells them to write.

Actually that person would be called a secretary

2,516 posted on 07/15/2002 8:35:08 PM PDT by Mo1
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To: terilyn
He wasn't plagiarizing their work, in fact, he acknowledged the source in this press release.
2,517 posted on 07/15/2002 8:35:20 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist
Mr. Lesar admits that Vice President Cheney knew that Halliburton was counting projected cost over-run payments as revenues

. "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

2,518 posted on 07/15/2002 8:35:37 PM PDT by Texasforever
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To: Howlin
LOL! It was a brief shot of humor for your pure enjoyment tonight.
2,519 posted on 07/15/2002 8:36:12 PM PDT by FreedominJesusChrist
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To: FreedominJesusChrist
Like I said before, he was probably talking to the media before the poll results were finished.

Is that like counting your chickens before the eggs are hatched?

The press release was on HIS WEB SITE. Get a clue.

2,520 posted on 07/15/2002 8:36:58 PM PDT by Amelia
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