Posted on 07/09/2002 4:44:40 PM PDT by Paul_E_Ester
(Washington, D.C.) Judicial Watch, the group that investigates and prosecutes corruption by government officials, announced today that it is filing a shareholders suit in Dallas, Texas, against Vice President Dick Cheney and the other involved directors of Halliburton, as well as Halliburton itself, for alleged fraudulent accounting practices which resulted in the overvaluation of the company’s shares, thereby deceiving investors and others.
The suit comes one day after President George W. Bush, who himself is enmeshed in allegations of insider trading when he was an executive, who sat on the audit committee of Harken Energy Company, announced a “plan” to crack down on corporate fraud. Ironically, it would appear that the President’s rush to propose more regulation of private industry is intended to deflect attention away from his and his Vice President’s own alleged improper business practices. President Bush has maintained that he was cleared by the Securities and Exchange Commission. Others have countered that the head of the agency was then an appointee of his father, President George H.W.Bush.
President Clinton and the Democratic Party used a similar gambit when they were caught taking money illegally from foreign donors, including the Communist Chinese. Instead of prosecuting vigorously the Clintons and other guilty politicians, new campaign finance laws were proposed to deflect attention away from alleged crimes.
“Whether it is the Enron, Arthur Andersen, Global Crossing, or now the Halliburton and Harken scandals, there is a dangerous intersection between politicians of all stripes, Democrat and Republican, attempting to feed at the trough of business greed. As is true of the Clinton scandals, the American people cannot look the other way just because the President and Vice President are allegedly involved. Indeed, Judicial Watch has already sued Democrat and Republican officials in the Enron and Global Crossing scandals. To look the other way for the Vice President would be to set a precedent that the Washington elite are above the law. This cannot be permitted if our democracy is to survive,” stated Judicial Watch Chairman and General Counsel Larry Klayman.
In 1995 Halliburton was prosecuted and forced to plead guilty to trading with Libya, a terrorist state on the U.S. watch list.
A press conference will be held in Miami at 9:00 A.M. at the Sheraton Hotel at 495 Brickell Avenue to announce and detail this suit.
You've got yourself a very special messenger, buddy. Do you know what became of Donato's $ 100,000,000.00?
At the lowest point of my legal career I worked (for a short while) for a law firm that filed stockholder suits and other baseless class actions. There was a network of the same sleazeball Democrat donor ATLA member plaintiffs' attorneys from throughout the country who would join forces on these things, generate several mountains of paperwork and eventually share whopping multi-million dollar fees (while the so-called plaintiffs, the poor old shareholders, got zip). I'd be surprised if any of the usual suspects among the plaintiffs' bar would want to affiliate themselves in any way with Larry and Judicial Watch. There probably are lawsuits already filed against Halliburton, just because these sharks know they can file all the meritless suits they like, and they don't want a publicity-seeking and not terribly competent lawyer like Larry in on the action.
I agree with you about Klaymen having no alliances with the dems. As for aligning with Perot, that doesn't sound right because Perot is to old and his base has disappeared.
Consider the similarities between Klayman and Nader. There have been articles doubting Nader's ability to take the Green nomination because of age.
And PS: Please note that at no time did I refer to you as a "Keyes Basher"
Ya think? I'd say it's running about 99%-1% anti-Larry.
" Now that's disappointing. I thought AK had more sense than that.
Remember that there was a time that Klayman was our fairhaired child and that he and Keyes both had a lot of support here. I'm not sure that Alan looks on Larry with much favor these days either. I'm usually a good judge of character, but Klayman convinced me that he was on the side of the angels too.
Klayman
Keyes
Kristol
Limbaugh
McCain
Look familiar?
Good post. It is in order to evade a disclosure of this information that Judicial Watch has been resisting an IRS audit for three years. More recently, Judicial Watch has taken to pleading the Fifth Amendment.
SOMEONE is pouring big bucks into Klayman's coffers. I am darn sure it isn't conservatives, and rank and file democrats are notorious tightwads. So who is funding this guy?
He actually could be taking money from anyone, even the Chinese. With that 501c3 classification, he gets to hide his donors, just like Jesse Jackson.
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