Posted on 07/10/2002 3:59:52 PM PDT by Oldeconomybuyer
Edited on 04/13/2004 2:40:32 AM PDT by Jim Robinson. [history]
WASHINGTON (AP) -- A 1996 promotional videotape has surfaced that features Dick Cheney praising Arthur Andersen LLP for going above and beyond routine audits for the company he ran for five years.
The oil services firm the vice president once headed, Halliburton Co., is being investigated by the Securities and Exchange Commission for the way it accounted for cost overruns on construction jobs during Cheney's tenure. Cheney and the company were sued on Tuesday by a watchdog group alleging fraudulent accounting practices, a suit the White House dismissed as lacking merit.
(Excerpt) Read more at sfgate.com ...
This seems like someone is shooting a scatter gun...
Klayman files suit
Video of Cheney and Anderson
Ads appear attacking Bush .....done by Clinton cronies.
Something is up..
Scandalous. Cheney should be impeached immediately. These comments obviously indicate criminal behavior, and are certainly worthy of news headlines. < / sarcasm >
The Senate and the SC hang in the balance, so I firmly believe they will pull out all the stops for this one.
Slander anyone, do anything they have to do just to get through the elections so Daschle can go back to his foot dragging and obstructing routine.
Yep, and I'll bet if you checked out their offices you'd probably find sand, and a vague whiff of oil.
You hit the nail right on the head.
To: PhiKapMom; Miss Marple
I just read the 40+ page complaint which is on JW's website. There are two sets of Plaintiffs -- Stephen F. Stephens from Indiana and Lyle and Deanna Lionbarger from New Mexico. You have to get to paragraphs 102, 105 before they even mention what the Plaintiffs' claims are.
Stephens bought 500 shares of Halliburton stock on November 15, 2002 [??? is Miss Cleo his broker?] for $21.11 a share for a total cost of $10,685. The Lionbargers bought 100 shares for $12.22 on January 24, 2002 for a total costs of $1,222. [Halliburton stock is currently trading for about $14.00 a share.] They are each seeking $200,000 in puniive damages. They claim that Texas law applies.
They don't claim that they sold the stock for a lose, and of course the Lionbargers have a gain. I don't know how you can sue for your loses when you have a gain. Be interesting to see if they bought through a broker and if so what he has to say about this "fraud."
63 posted on 7/10/02 1:53 PM Eastern by Iwo Jima
I listen to NBC nightly news on the radio (the station broadcasts the televison station's audio) and they're absolutely rabid about Bush's scandels vis-a-vis Harkin and now today on Cheney. You'd think the two just murdered someone in cold blood. The report by David Gregory failed to say that the document Bush filed late was the after sale, not the intent & request to sell, and Gregory didn't tell us that Bush needed the money to buy the Texas Rangers, implying that he sold short to avoid loses he knew were forthcoming. And he certainly didn't say Harkin tanked months after Bush sold.
Big media is biased. They give us proof every time they open their pie-holes.
Why, until the SHTF this spring, Al Gore sponsor Occidental Petroleum had as their financial auditor, one Arthur Andersen.
"Occidental Appoints KPMG Auditor
LOS ANGELES, March 22, 2002 -- Occidental Petroleum Corporation (NYSE:OXY) today announced that its Board of Directors has appointed KPMG as the company's independent auditor for 2002, replacing Arthur Andersen, LLP. Dr. Ray R. Irani, chairman and chief executive officer of Occidental, said, "The Andersen team that has served Occidental provided outstanding audit services and met our high standards during the course of a long and highly professional relationship."
Occidental Petroleum Corporation is one of the world's largest independent oil and natural gas exploration and production companies with operations concentrated in the United States, the Middle East and Latin America. Through its chemical subsidiary, OxyChem, Occidental also is a leading North American manufacturer and marketer of basic chemicals and certain performance chemicals. In 2001, Occidental reported net income of approximately $1.2 billion on net sales of $14 billion.
As usual, the dims are hypocrits in search of an audience. They're pissing me off.
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