Have you any further information about Hallibuton's legal movements today? I hope the hammer is falling on LK.
To: Howlin; AllThis Washington Times article suggests that Larry's Lawsuit is baseless.I was surfing around the Washington Times today and one article an interesting little tidbit:
The suit says Halliburton and Andersen violated securities laws when they did not disclose and justify the accounting change in a letter to investors. Halliburton's financial statements starting in 1998 do note, however, that it was booking uncollected revenue from cost overruns.
854 posted on 7/11/02 8:06 PM Eastern by Lady In Blue
Meantime, at approximately the same time the lawsuit is filed, Carville and company put out an ad accusing Cheney & Halliburton of "Enron-style accounting practices"....sound familiar?
Did I miss something, or did everyone just decide to "investigate" or "discover" these things all at once?