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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."
Uh, hate to be the one to tell you this, but......corporations ARE the economy. You bring them down, who are you going to work for?
Larry Klayman was in Sanders Sauls' courtroom and stood up to speak.
The judge practically slapped him, and cut him off in mid-sentence.
Spotted him for the publicity hog he is.
Halliburton has really had no need to set their teams of attorneys and investigators on to Klaymamn; after all, they were concerned with keeping their business going.
But now, things are different. Cheney helped them and was an excellent CEO. In fact, he was voted a parting bonus in gratitude. Methinks these guys are very, very PO'd.
Good.
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