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.
Yep......probably share the computer down at the rec room.
Returned serve. Ball's in your court. 'Pod
As the umpire, I am obliged to inform you that your ball is in the net. 'ned
Unlike many of you, I enjoyed a peaceful sleep. I'm sorry that I left so early, but I just couldn't stand all the fighting. I'm just too sensitive for this kind of thing, I guess.
Uh-oh....maybe you better not hang around here.
From Reuters DNC Propaganda Machine:
"Public interest law firm Judicial Watch said on July 9, 2002 that it would file a shareholder lawsuit alleging Vice President Dick Cheney and the company he ran for five years, Halliburton Co., engaged in accounting fraud."
OH, MY!
Do be careful, Registered, isn't that what Southflanknorthpawsis said to FreedominJesusChrist that made kristinn get all upset and ping JimRob?
Let the audit of Judicial Watch go forward.
Cheers, CC :)
Me too.
Cheers, CC :)
South,
You simply do not know what you are talking about. I wasn't involved with the creation of that graphic at all and knew nothing about it. You are just unwilling to admit that it was very unfair to stick me in there. But then again, that is your usual tactic.
Glad to see that you took that lame graphic off your homepage, it was a wise decision on your part.
And nor is it surprising that you believe South's statements to be appropriate to the debate at hand.
You are as pathetic as South is.
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