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VICE PRESIDENT CHENEY SUED PERSONALLY FOR ALLEGED STOCK FRAUD(By Judicial Watch)
Judicial Watch ^ | 7/10/02 | Judicial Watch

Posted on 07/09/2002 4:44:40 PM PDT by Paul_E_Ester

VICE PRESIDENT CHENEY SUED PERSONALLY FOR ALLEGED STOCK FRAUD

Alleged Fraudulent Accounting Practices Occurred At Halliburton

PRESS CONFERENCE
Date: July 10, 2002
Time: 9:00 A.M.
Location: Sheraton Hotel Parlor 1, 495 Brickell Ave Miami, FL

(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.


TOPICS: Crime/Corruption; Front Page News
KEYWORDS:
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To: Paul_E_Ester
"alleged fraudulent accounting practices which resulted in the overvaluation of the company’s shares, thereby deceiving investors and others."

Well, then, Judicial Watch should sue anyone who sold these "overvalued" shares. Obviously, they also profited "unjustly". The "anyone" includes anyone who sold Haliburton while it was "overvalued" including the common investor.
41 posted on 07/09/2002 5:09:58 PM PDT by DugwayDuke
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To: TLBSHOW
I have been posting to the FR for a while now. thanks
42 posted on 07/09/2002 5:10:08 PM PDT by Paul_E_Ester
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To: Poohbah
One of these days, the judge is going to say "Bailiff, slap his pee-pee!"

That made me laugh out loud. Klayman is the worst kind of hustler. Anything is fair game if it keeps his name alive. Has he ever won a lawsuit? He made all kinds of waves during the Clinton administration, but in the end nothing came of it. Then in Florida, during those endless recounts, he tried to worm his way into the process. Fortunately, the Florida judges saw through his efforts and correctly minimized his role.

Watchdog? No, publicity hog.

43 posted on 07/09/2002 5:10:59 PM PDT by billhilly
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To: Clara Lou
Why is his press conference in Miami? Did he get run out of Washington?
44 posted on 07/09/2002 5:11:20 PM PDT by looney tune
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To: TLBSHOW
Hey!

He said he thought the pics were great.

Paul may not be aware of the punchline, however.

45 posted on 07/09/2002 5:11:37 PM PDT by hole_n_one
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To: A Citizen Reporter
Wanna bet that Fox News doesn't cover this "press conference"?

I'll bet that almost nobody does. Once you get a reputation as a bunch of kooks, most of the chairs at your press conferences start going empty.

It's always quite interesting to watch the beginnings and endings of various panel discussions on one of the C-SPAN channels where they show the audience coming and going, and comparing the number of people that show up to the rationality of the organization.

46 posted on 07/09/2002 5:11:46 PM PDT by Timesink
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To: Patriot7
Jeff ..... huh, Everyone.... huh
47 posted on 07/09/2002 5:11:55 PM PDT by deport
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To: billhilly
Has he ever won a lawsuit?

I think he reached a favorable settlement when he sued his mother.

48 posted on 07/09/2002 5:12:29 PM PDT by Poohbah
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To: hole_n_one
ambulance chaser's
49 posted on 07/09/2002 5:14:12 PM PDT by Sub-Driver
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To: Paul_E_Ester
> Klayman's Judicial Watch was once worthwhile. NO longer.

This sounds more like a witch-hunt just for headlines for fund raising purposes.

Judicial Watch has now lost up to $5 million per annum in donations, so this ambulance chasing tactic is COSTING them more and more.
50 posted on 07/09/2002 5:15:08 PM PDT by Vidalia
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To: Poohbah
Wasn't it actually "whack" instead of "slap?"

-PJ

p.s. Dave's not here.

51 posted on 07/09/2002 5:15:55 PM PDT by Political Junkie Too
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To: Paul_E_Ester
Did you know Larry Klayman is a chicken and a dnc butt boy?
52 posted on 07/09/2002 5:16:19 PM PDT by TLBSHOW
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To: Vidalia
You mean Larry might have to get a REAL job?
53 posted on 07/09/2002 5:16:24 PM PDT by Catspaw
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To: looney tune

Well maybe the following has something to do with it. He has an office in Miami, doesn't he?


54 posted on 07/09/2002 5:16:40 PM PDT by deport
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To: Paul_E_Ester
Do you think Larry will accept the nomination from the Green Party if Ralph declines?
55 posted on 07/09/2002 5:17:03 PM PDT by Ben Ficklin
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To: hole_n_one
lol

56 posted on 07/09/2002 5:17:23 PM PDT by TLBSHOW
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To: looney tune
Why is his press conference in Miami? Did he get run out of Washington?
He probably got tired of the Washington crowd getting the dry heaves when they see him coming.
57 posted on 07/09/2002 5:17:25 PM PDT by Clara Lou
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To: Jhoffa_
Wasn't that from California 9th Circuit Judge W.P. Freely?
58 posted on 07/09/2002 5:17:37 PM PDT by Vidalia
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To: Paul_E_Ester

Go Larry Go!

OOPS! Missed again!

LOL


59 posted on 07/09/2002 5:18:14 PM PDT by KS Flyover
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To: KS Flyover
Priceless! ROFLOL
60 posted on 07/09/2002 5:18:55 PM PDT by terilyn
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