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.
I guess in your world, I'm supposed to say thank you and send him roses??????? Sorry, but I don't understand what you are trying to prove.
You know this'll never see the light of day, don't you? Another one of Larrys wild-assed fundraising extortion schemes.
(Wow.. It's like wild kingdom)
Translation: You won't show you wuss. Talk is cheap and so are motels.
No, and I cannot "prove" that "pyramid power" is a scam either..
But it sure looks that way without proof.
If Cheney (whom I love with all my cold, stoney little heart) is bad, then prove it and come back..
Otherwise it's just one in a long, long, line of accusations from some lawyer named Larry.
Lookie there! Another stink bomb!
I guess whether they're bad or not depends on the direction in which they're being thrown?
What corruption do you feel there is at JW? Please be specific Ms. Mole.
JW is consistent alright. It is consistently filing frivolous lawsuits that it never intends to argue. It is consistently publishing "news releases" instead of financial disclosures. It is consistently begging for money with nor regard as to where it comes from. It is consistently the most inept "legal" operation that has ever practiced law. But that is the key word "practice". They have yet to master it. I look for Jesse Jackson to join the staff to show these pikers how a shakedown scam is supposed to be ran.
He also did one using a picture of Howlin that was criticized and ridiculed by many, many freepers.
It's easy to sit here in judgment when you do not know the history. The artwork on my profile page originated with Registered using mine and another's name.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.