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Halliburton Responds to Larry Klayman's Supersillyous Suit(My Title)
CBS Market Watch "Big Charts" Web Site ^
| 7/10/2002
| MarketWatch.com
Posted on 07/10/2002 11:04:03 AM PDT by SierraWasp
12:57PM Halliburton responds to Judicial Watch lawsuit (HAL) by Michael Baron Halliburton (HAL) is off 30 cents, or 2.1 percent, to $13.82, in midday action. The company is out with a press release responding to a lawsuit filed by Judicial Watch, a Washington, D.C.-based legal watchdog group. The suit alleges fraudulent accounting practices at Halliburton took place during the period when current vice president Dick Cheney served as its chairman and CEO. Halliburton called the claims in the suit, "untrue, unsupported, and unfounded." The company continued: "We are working diligently with the SEC to resolve its questions regarding the company's accounting procedures. Halliburton has always followed and will continue to follow guidelines established by the SEC and GAAP, General Accepted Accounting Principles."
TOPICS: Breaking News
KEYWORDS: vpdickcheney
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To: Luis Gonzalez
How many lawyers do you know, who submit their evidence to the public and the media before a trial?
To: UnBlinkingEye
Do you have proof of any fraudulent practices by Halliburton in 1996?
To: deport; UnBlinkingEye
deport,
Arthur Anderson's involvement is enought to raise well founded suspicion.
To: FreedominJesusChrist
Larry....
To: Luis Gonzalez
Wrong. This case is too important for Larry to mess it up. I think that he realizes this too.
To: FreedominJesusChrist
How many lawyers do you know, who submit their evidence to the public and the media before a trial? Larry Klayman. He presents every damn thing he has every time he elbows his way to a camera. His problem is that his "evidence" is not admissible in court.
To: Texasforever
Yeah and so was 99% of the country's corporations [in bed with Arthur Andersen] PLUS the United States Government. What the hell is your point? Your point is better. Kinda spooky doncha think?
To: deport
Were they not GAAP..... If so then every P/E ratio of publicly traded companies is suspect.
To: terilyn
It's Barbra. Get with the program.
To: FreedominJesusChrist
Arthur Anderson's involvement is enought to raise well founded suspicion.
Why...... AA doesn't establish the GAAP..... which was used by Halliburton..... do they?
To: Texasforever
And what, praytell, is this? If this evidence does not fall under the exclusionary rule (and it doesn't), then submission of any evidence is the judge's decision, not yours.
To: FreedominJesusChrist
BTW, Larry told Miami media that he had EVIDENCE that Juan Miguel Gonzalez requested asylum on more than one occasion while he was here in the US, and that Meissner/Reno turned him down.
When can we expect that evidence to be brought to light?
To: FreedominJesusChrist
But we do not know how much of these fraudulent practices were already in place when Cheney was part of the company, even if they had "changed" their accounting practices. OK .. I'm not lawyer but don't you have to have a case when you file suit
Sounds like to me .. not even you believe Larry has a case
Sounds to me that Larry is on a witch hunt in hope to find somehing
2,313
posted on
07/14/2002 9:51:41 PM PDT
by
Mo1
To: FreedominJesusChrist
But we do not know how much of these fraudulent practices were already in place when Cheney was part of the company, even if they had "changed" their accounting practices. We do not know that there were any "fraudulent" practices in place, period. Exactly which "fraudulent" practices do you think existed?
To: Luis Gonzalez
"eww" doesn't have any evidence... just speculation at this stage..... but rest assured if the NYT or WP come up with a hint of something he'll include it in his next motion.
To: UnBlinkingEye
It is my firm belief that the Arthur Andersen accounting firm employed a lot of good people and did a lot of honest work for many, many corporations for tens of years.
It is also my firm belief that in later years they employed a few people who decided they could be bought for a price and climbed into bed with a few unscrupulous CEO's and CFO's and engaged in criminal activity including fraud.
Enron is a clear example of the later.
It is my firm belief that Halliburton will be proven a clear example of the former.
To: Fred Mertz
Your point is better. Kinda spooky doncha think? Not spooky at all Fred sorry. AA has been the premier accounting firm in this country for a very long time. However, Larry's suit has nothing to do with practices that have ruined AA's reputation, he just has not realized that yet. He is in way over his pointy little head.
To: FreedominJesusChrist
Why would this one be different from all the others?
To: FreedominJesusChrist
That would imply that Larry actually has a case.
To: FreedominJesusChrist
Arthur Anderson's involvement is enought to raise well founded suspicion. Then why not go after other AA clients
It sounds like Larry is on a witch hunt
Hmmmmmmmmmmmmmmm and who could be backing him on this??
2,320
posted on
07/14/2002 9:54:33 PM PDT
by
Mo1
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