[terilyn]

In August of 2000, Common Cause called on Cheney to divest himself of Halliburton stock, and/or options, to avoid any perceived or real conflict of interest, should he become VP.

http://www.commoncause.org/publications/aug00/083100l.htm

In August of 2000 Cheney sold 660,000 shares of Halliburton, as advised, to avoid any perceived or real conflict of interest should he become VP.

http://www.cnn.com/2000/ALLPOLITICS/stories/09/12/campaign.cheney.halliburton.reut/

In September of 2000 Cheney prepared to forfeit any stock options that would not vest prior to him being elected VP to avoid any perceived or real conflict of interest.

http://abcnews.go.com/sections/politics/DailyNews/Cheney_halliburton000901.html

The sources for these articles are Common Cause, CNN, and ABC. Hardly what one could call conservative news outlets that might report a story to shed any positive light on Cheney.

In addition, the quantity of options that could not be exercised was 233,333:

"Cheney said on Sept. 1 that, if elected, he would forfeit 233,333 options that could not be sold until 2001 or later to avoid a conflict of interest."

http://quest.cjonline.com/stories/091300/gen_0913005949.shtml

Most of you probably know all of this, for those that don't, or wish to ignore it to help Larry raise more money, er...expose government corruption, there are some actual facts here.

Not that we would want any facts cluttering up this thread...

[RedBloodedAmerican]

DOnt know where to look or what the date was, but there should be a transcript of Tim Russert's Sunday show where he drilled Dick with some lame questions.

[habs4ever]

It is repulsive that the Dems demanded Cheney forfeit monies accrued to him as CEO of HAL just so they can bleat on endlessly about "appearances", all the while Daschle, Bingaman and their wives lobby before Congress.Did Terry M give back his money from GLBX, or Slick ever pay a price for pardoning Marc Rich? Or Robert Rubin lobbying the Treasury Dept on behalf of Citigroup over Enron?

The Dems love wealth and the stock market when they can benefit from it, provided no one else does.I will never forget that odious bastard Carville's announcement back in 1992 that he'd love nothing better than to see the market lose 25%.Then the puke crowed the next year about being able to afford $70 bottles of Cote Rotie because biz was so good.

Bottom line, the Dems are always in it for the dough...

[Deb]

Admirable.

Don't you get the feeling that nothing we can say or do will convince people who think GW and Cheney are crooks/RINOS/socialists/one worlders/whatever otherwise? No amount of info or facts to the contrary will change the minds of Rebeckie or the "principled" conservatives because they choose to believe other voices. They prefer to think there are no honest men in politics. No good side, only a bad one.

[Fred Mertz]

Thanks for compiling that info on Cheney divesting his Halliburton stock.

I believe it's standard protocol and eventually required by his elected position to avoid conflict of interest.

I'm happy to see he did what he was suppposed to do.

But, this hasn't anything to do with the original article post.

[FreedominJesusChrist]

Here is the latest:

For Immediate Release

June 15, 2002 Press Office: 202-646-5172

HALLIBURTON CEO ADMITS CHENEY KNEW OF ALLEGED FRAUDULENT ACCOUNTING POLICIES

VP Cheney Signed Halliburton’s 1998 & ’99 Financial Statements

Admissions Further Confirm Sound Basis For Judicial Watch’s Lawsuit Against Him

(Washington, DC) On July 10, Judicial Watch, the public interest group that investigates and prosecutes government corruption, filed a lawsuit against Vice President Dick Cheney, the directors of Halliburton, and the accounting firm of Arthur Andersen on behalf of Halliburton shareholders. Reporting in this week’s edition (July 22, 2002) of Newsweek magazine, by Wall Street Editor Allan Sloan and Senior Writer Johnnie L. Roberts, contains an interview of current Halliburton CEO David Lesar. Mr. Lesar admits that Vice President Cheney knew that Halliburton was counting projected cost over-run payments as revenues. "The vice president was aware of who owed us money, and he helped us collect it," Mr. Lesar told Newsweek.

Vice President Cheney, as the Chief Executive Officer of Halliburton in 1998 and 1999, signed the corporation’s financial statements. Halliburton is also currently under investigation by the Securities and Exchange Commission (“SEC”). Given SEC Commissioner Harvey Pitt’s conflict of interest (he was appointed by President George W. Bush), it is unlikely that the SEC will take any action against Cheney. This underscores one of the reasons for Judicial Watch’s lawsuit.

Judicial Watch filed its lawsuit against Vice President Cheney, Halliburton and others in the U.S. District Court for the Northern District of Texas in Dallas. The lawsuit follows other strong legal actions taken by Judicial Watch against both Democrat and Republican officials involved in the Enron and Global Crossing scandals.

“It is now confirmed by Halliburton itself that Cheney had a ‘hands on’ role in the financial management of the company. Mr. Lesar’s admissions reinforce the strength of our lawsuit,” stated Judicial Watch Chairman and General Counsel Larry Klayman.