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 companys 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 Presidents rush to propose more regulation of private industry is intended to deflect attention away from his and his Vice Presidents 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.
Klayman has become a folk hero of sorts to those of us who have been following the attempts to audit JW's financial records. Among other things, we've been learning about the Fifth Amendment.
Ok, ok. I guess deep down I really do feel quite sorry for her. Unless she is Klaymans wife in which case I hope she has crabs.
That comment kind of reminds me of when Carville said in front of the whole world that Ken Starr was going to lose his kneecaps for "going after" Bill Clinton. OF course, that turned out to be all bluster for show, as I was telling people back then.
But you could be right about Klayman paying for taking on Cheney. I have a feeling Klayman doesn't care, though.
Agreed 100%.
And if the only thing you can come up with is to compare me with Carville, I guess I made my point.
Dick Cheney is well known for being a honest man; and when he thinks his character may be called into question, I doubt he'll take it lightly.
Cheney IS a player; Klayman is mad because he's NOT.
Yeah, the poor thing is tired from spending all morning pinging her friends to ridicule someone who didn't even post to her. Cut her some slack!
I think you all are trying to make way to much out of his lead ins. That's only bait for the potential donors.... His status with the IRS regarding type organization doesn't have to be used in the lead in, I don't believe.
My guess is that none of these changes will have any impact upon the IRS audit as it's past years not future... so he still has to pony up for the past years he's used his donors and classification, IMO.
Oh goody!!! This is like doing some channel surfing, and finding my favorite Bugs Bunny cartoon!
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