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Flame war. |
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."
Is that show rerun? Can we get a transcript?
Limbaugh had assembled a list of newspaper articles going back to the mid-90's. ALL of the articles called JW a "conservative group."
Except today, when the papers are labeling him "non-partisan."
Limbaugh said he would probably get sued for running the piece. Ha!
"That's all I can stands, I can't stands no more!!!"
Maybe one or two others also......
The only thing is that I want to do something NOW!!!
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For Immediate Release | |
Jul 11, 2002 | Contact: Press Office 202-646-5172 |
CNN Internet Survey Shows 95% of Americans Want Answers From VP Cheney Regarding Halliburton Accounting Lawsuit is Strong Legal Action During Period of Financial Crisis Marked by Political Rhetoric and Posturing (Washington, DC) Judicial Watch, the public interest group that investigates and prosecutes government corruption and abuse, said today that the lawsuit it brought on behalf of Halliburton shareholders against Vice President Dick Cheney, the other involved directors of Halliburton, as well as Halliburton and the Arthur Andersen accounting firm, for alleged fraudulent accounting practices, enjoys overwhelming public support. A CNN poll, featured on the Internet web site of Lou Dobbs, the anchor and managing editor of Lou Dobbs Moneyline the prestigious and authoritative financial and business news program revealed that 95% of the respondents answered Yes to the question, Should Vice President Dick Cheney answer questions about accounting at Halliburton? A similar poll on the Judicial Watch web site (www.JudicialWatch.org) shows 83% of respondents answering Yes to the question, Should Vice president Cheney be required to answer accounting questions about Halliburton? Interestingly, both the Moneyline and Judicial Watch web sites are likely frequented by large numbers of economic and social conservatives. This proves that conservatives are as concerned as liberals about Cheneys alleged involvement in stock fraud. The American people are fed-up with corporate fraud and powerful politicians operating as if they were above the law. The life savings of millions of Americans have been devastated by a string of major bankruptcies and alleged fraudulent corporate accounting practices. President Bush and other Congressional leaders have spent weeks talking about cracking down on corporate fraud but at Judicial Watch, we are doing something about it, not just talking about it. Vice President Cheney has a lot of questions to answer about his days at Halliburton, and President Bush should take responsibility for his Vice President. It is extremely hypocritical and improper for President Bush to chastise Wall Street and corporate CEOs and rush to propose more regulation of private industry while simultaneously dodging questions and making dismissive remarks about his Vice Presidents own alleged improper business practices, stated Judicial Watch Chairman and General Counsel Larry Klayman. |
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