VICE PRESIDENT CHENEY SUED PERSONALLY FOR ALLEGED STOCK FRAUD(By Judicial Watch)

Judicial Watch ^ | 7/10/02 | Judicial Watch

[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.

[agrandis]

Yes, I read why it was there. That's why I put Registered on the "To" list with you. I was telling him it was lame. I didn't realize you thought it was lame, since you borrowed it from him and adjusted it. If you were just trying to show how stupid it was, you should have just left it as he had made it, IMO.

Man, you are WIRED!

[Howlin]

I just cannot imagine saying, "If the judge doesn't dismiss this, I think I have a great case." DUH. I'm sorry. This guy would be laughed out of any courtroom I've ever been in!

[A Citizen Reporter]

"I am sure"

[Howlin]

Then how/why did you reply to her?

[Fred Mertz]

Your link didn't take me to the badge, only the watch.

[agrandis]

WooopS! Sorry - I thought I had put Registered's name up there with yours, South. Somehow, it didn't get in there.

[Texasforever]

Are you Reggie?

[Howlin]

It says right in my link JW STORE. It doesn't say JW BADGE.

[Fred Mertz]

It's a her?

Now, that explains a lot. The anti-JW gang are all hers. Why is that?

[agrandis]

Sorry, South! See post 708. I thought I had put YOUR nanme in that post, too! Why can't you put more than one name in a post anymore?

[A Citizen Reporter]

"Don't let your head get so fat. Do you actually think people read your comments? In other words, I don't know what you're talking about nor do Icare to. "

Fred, you seem to have caught the Beckie syndrome here, I wasn't talking to you! You really had nothing to do with my post!

[Howlin]

Because we have more sense than you do and can spot a fool at 100 yards?

[Texasforever]

Now, that explains a lot. The anti-JW gang are all hers. Why is that?

Cuz it ain't true.

[stryker]

During GW,Sr.'s administration, GW, Jr. was on the Board of Directors of an oil company the name of which escapes me but is easily found. Just do a search at the Wall Street Journal's website. In any event, while on the Board, GW made an inside trade that netted him a huge amount of money and within the next few months the company went bankrupt, a la Enron and GW's friend Kenny. But it just so happens that the SEC administrator was a GW,Sr. appointee, so there was no investigation. In fact, there was no investigation despite the fact that GW did not file the appropriate documents to reveal to the public at large, and the stockholders that he had made an insider play. As you may know, insider trading is one of the primary factors an investor looks at when deciding whether to invest in a stock. If owners and board members are jumping ship, most investors will not buy. First, GW explained that this was a problem with the accountants. When that didn't wash, he said it was a problem with the lawyers. When that didn't work, just a few days ago, he stated he still hasn't figured out why he only managed to file the appropriate documents seven months after his trade, well after the company was in Chapter 11.

You can take your own time to get the specifics, but that is the gist of what happened, and he has not denied it. He merely claims it's old news, like his partying which he refuses to answer questions on, at least regarding cocaine and marijuana.

[Southflanknorthpawsis]

Why can't you put more than one name in a post anymore?

You can. Just be sure to separate with semi-colon and a space and spell it correctly.

[Howlin]

You couldn't be more wrong on the facts if you made it up.

[agrandis]

Ahhhh - I was using a comma. Thanks. It looks like I better hit the hay. :\

Sorry for the confusion, there.

[DaughterOfAnIwoJimaVet]

I'm gonna shut up now.

More words to live by. ;)