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.
Too bad, Registered. I didn't think you would be such a putz.
Before 1998, the company had been more conservative, reporting such revenue only after settling with customers.Judicial Watch, a Washington-based watchdog group, said those accounting practices resulted in the overvaluation of Halliburton's shares, deceiving investors
This is it?
Larry, Mygawd you're an idiot!
Any company that pays and settles debt with their customers will be one to work with. who wants to invest in a company that is in debt?
You're an idiot! I hope you get audited! it's obvious from this you can't discern what legal accounting practices are, nor do yuo know what business ethics are.
What a numnut! LOL!!
Maybe you'd like to look at #371 then?
That is, unless you think Klayman should be suing the Vice-President?
And you are the michael moore of FR chasing freepers around with photoshop.
Got the spoof of Howlin handy?
Wake up.
The idea that God knows the hearts of those who deliberately ignore information that supports the President's position is a "crazy idea"? You need to change your screen name. Yesterday.
By the way, suggesting that someone else deserves to be belittled isn't exactly helping your defense on this thread, either. Iwo Jima, take note.
Also, I can never prove it to you, but I am convinced that the sordid Monica Lewinsky affair and Chinagate / Ron Brown's death ARE related. Some day, some how, I think that will all come to light, because everything does. But that is how deep the problem of corruption in gvernment is - I'm telling you!
I have usually voted for Republicans, and never in my life voted for a Democrat, but the painful truth is that even conservative politicians (even politicians that *I* consider to be conservative) can be as corrupt as moldy bread. Those ones are dangerous as vipers, too.
There are power struggles constantly underway at all levels of government, too. They aren't all on the same team, just because they are mostly all corrupt, but they will protect themselves even if it means occasionally protecting their enemy.
It's a dire situation we have gotten into because the American public at large has become corrupt, and we have allowed government to become dangerously powerful, and do things it was never supposed to be allowed to do. This is the base cause of official corruption.
Finally, Richard Nixon was a Republican. He was nothing compared to Clinton or LBJ, and McGovern was worse, but he was a corrupt SOB, and we don't need people like him in office. Exactly how corrupt Bush and Cheney themselves are, I don't know. There are truly fishy things about both of them which forbid me to give them a free pass. Criticize Klayman for his present actions if you will, but we should be careful not to dismiss without a look ANY and EVERY charge that is brought against a Republican just because we are swept up in the party game.
You may say that is easy for me to say because you have seen other comments I have made where I have betrayed disapproval of the policies of the GOP, and actions of many of their candidates, but I say that I will take an unbiased and reasonable look at any charge against any politician I like (which is a bloddy small number).
Thank you for your courteous debate. I'm surprised (and gratified) that I have so far received 4 or 5 responses of more or less disagreement, and not one flame!
Or me? Or South? Or Sunsong? Or you, RBA? Who's next?
LOL...... well that's a hard job considering the publik skools we now have...... But lets not forget the cruises, conferences, radio show, tv or tv appearances, press or news releases, editorials, trips to various events to speak, ..... all this is in the name of educating the publik..... imo. Hey I think it would be nice to see the west coast this time of year... Heck I know of a conference we can attend for an hour or two or maybe I can give a little talk..... wanna come along and enjoy this educating experience....
Of course, I was just using you and your pinhead friends' typical argument against Cheney that you use against Klayman re: the IRS.
Just wanted to see how you liked it. Sarcasm apparently falls upon thick skulls and bounces off. LOL!
What Registered said about Luis is no worse than what people here say about Klayman on these threads all the time. Why should we have two different standards here?
Luis calls Larry Klayman a publicity hound and a scam artist all the time.
With the elections coming up let's just attack Larry three times and leave the other two alone.
(We will make up for lost time after november. )
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