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Pics of Larry Klayman "in action" this morning at the Haliburton-Cheney Lawsuit Press Conference
Yahoo-AP ^ | 07.10.02 | AP-Via Yahoo

Posted on 07/10/2002 2:31:48 PM PDT by Registered

Larry Klayman, chairman and general council of Judicial Watch, holds a news conference on suit filed against Vice President Dick Cheney in Miami Wednesday, July 10, 2002. The group said it was suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)

Larry Klayman, chairman and general counsel of Judicial Watch, holds a news conference in Miami to announce that Judicial Watch has filed a lawsuit against Vice President Dick Cheney Wednesday, July 10, 2002. The group said it was suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)

Larry Klayman, chairman and general counsel of Judicial Watch, holds a news conference on a suit filed against Vice President Dick Cheney in Miami Wednesday, July 10, 2002. The group is suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)


TOPICS: Activism/Chapters; Anthrax Scare; Constitution/Conservatism; Crime/Corruption; Culture/Society; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections; US: Florida
KEYWORDS: accountingstuff; andersen; beancounters; bigoil; blackgold; cheney; codpiece; corporatecrime; crimefightersrus; dicks; judicialwatch; jwbadge; klayman; larry; larryklayman; smalloil; texastea; vicepresident
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I believe Luis Gonzalez will be putting up the audio later.
1 posted on 07/10/2002 2:31:48 PM PDT by Registered
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To: Registered
Larry's gotta be loving this. A whole new source of contributions has just opened up. As to the presstitutes, a pox on their dishonest houses....
2 posted on 07/10/2002 2:33:31 PM PDT by eureka!
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To: Fred Mertz
Bttt
3 posted on 07/10/2002 2:34:49 PM PDT by Registered
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To: Registered
What really pisses them off about Cheney is that when he was elected VP, he was forced to sell his Halliburton stock. He got out near the top, before it tanked....
4 posted on 07/10/2002 2:37:11 PM PDT by ken5050
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To: Registered
Why, he's beginning to look like a terrorist!
5 posted on 07/10/2002 2:38:43 PM PDT by ned
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To: Registered
It would be nice if Judicial Watch would go after real issues, instead of falling into these false issues, already disclosed and investigated issues that the democrats want to use against Republicans.
6 posted on 07/10/2002 2:39:26 PM PDT by roylene
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To: Registered
There is an unfortunate shadow in the top pic; makes Larry look like he's wearing a codpiece...a rather flat codpiece...
7 posted on 07/10/2002 2:41:45 PM PDT by hellinahandcart
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To: roylene
Larry Klayman, John McCain, & Jumpin Jim Jeffords are equally loyal to the conservative point of view.
8 posted on 07/10/2002 2:43:28 PM PDT by lideric
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To: Registered
Look on the bright side, he could be doing real damage like taking suits against the pledge of allegiance or something. As is he has himself a nice little niche where the only folks who get hurt are the donors.

Since FR has long since spotted his scam even while he was pursuing Clinton I say we just ignore him while encouraging the libs and press to waste their time and money on him.

9 posted on 07/10/2002 2:44:17 PM PDT by VRWC_minion
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To: lideric
Very impressive retort.
10 posted on 07/10/2002 2:45:16 PM PDT by roylene
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To: Registered
I believe Luis Gonzalez will be putting up the audio later

Is it the background music to Jaws ?

11 posted on 07/10/2002 2:45:44 PM PDT by VRWC_minion
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To: Registered
The dispute seems to center around this:
In the NYTimes on May 22, 2002, in an investigative report, certain allegations surfaced concerning Halliburton's accounting treatment of construction job claims and change orders which are negotiated with customers.

Prior to 1998 and the merger with Dresser, the company did not record such items in revenue or accounts receivable before they were resolved with the customer.

The company disclosed in its Form 10-K for 1998 that it had recorded losses on certain engineering and construction projects related to current year claims and change orders which it did not feel would be accepted by customers.

Furthermore, in instances where unapproved claims and change orders were recognized in revenue and accounts receivable, no profits at all were recognized on the related projects.

During 1998, the Company began to record such items in revenue and accounts receivable when the company expected such items to be collectible from the customer.

The company has continued this accounting treatment of similar items since 1998 and has never recorded a profit on a job where an unapproved claim or change order has been recorded in revenue.

I'm going to try and search FR archives for this article.
12 posted on 07/10/2002 2:48:07 PM PDT by Carolina
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To: hellinahandcart
...a rather flat codpiece...

By Jove! That is rather flat, isn't it? Poor chap.

13 posted on 07/10/2002 2:48:11 PM PDT by Bloody Sam Roberts
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To: ken5050
Ken,

Would you look at post #12 and elucidate for us what that all means? Thanks.

14 posted on 07/10/2002 2:50:36 PM PDT by Carolina
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To: Bloody Sam Roberts; Registered
That is rather flat, isn't it? Poor chap.

Well, maybe Registered can give Larry what Nature didn't. :D

15 posted on 07/10/2002 2:50:58 PM PDT by hellinahandcart
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To: Carolina
Determining annual profit for long term construction contracts are totally guesses by management. Not until the job is complete is it possible to determine actual profits.

Here is the problem, income for a year on a job that takes 5 years to finish must be estimated. How much of the job was finished in any one year ? How much in profits must be realized.

16 posted on 07/10/2002 2:53:54 PM PDT by VRWC_minion
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To: hellinahandcart
I assume that you mean by using Photoshop?
17 posted on 07/10/2002 2:54:27 PM PDT by Clara Lou
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To: Registered
After all the great things he has sued over that received no attention from the large media. Now he goes after Cheney.....suddenly Reuters, AP, NYT, LAT and CNN are all over it. Just another case of bias.
18 posted on 07/10/2002 2:58:52 PM PDT by AdA$tra
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To: Registered
Broadcast veterans Jane Chastain and Russ Verney host The Judicial Watch Report on the USA Radio Network for the public interest law firm Judicial Watch "

Bush better watch his back. Russ Verney the axe man for Ross Perot did his deed on Pat Buchanan during the last election. Verney now works for Klayman as his Southwest Regional Director.

19 posted on 07/10/2002 3:01:28 PM PDT by ex-snook
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To: Registered
I wonder why the media photographer is under his desk?
20 posted on 07/10/2002 3:02:59 PM PDT by jumpstartme
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