Cheney's stock options rose 3,281% last year, senator finds

[hang a left]

Cheney's stock options rose 3,281% last year, senator finds

RAW STORY

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An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, RAW STORY can reveal.

Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.

The above graph released by Sen. Frank Lautenberg (D-NJ) charts the value of the Vice President's holdings in Halliburton in the past year.


“Halliburton has already raked in more than $10 billion from the Bush-Cheney Administration for work in Iraq, and they were awarded some of the first Katrina contracts," Lautenberg said in a statement. "It is unseemly for the Vice President to continue to benefit from this company at the same time his Administration funnels billions of dollars to it. The Vice President should sever his financial ties to Halliburton once and for all.”

Cheney continues to hold 433,333 Halliburton stock options. The company has been criticized by auditors for its handling of a no-bid contact in Iraq. Auditors found the firm marked up meal prices for troops and inflated gas prices in a deal with a Kuwaiti supplier. The company built the American prison at Guantanamo Bay.

http://rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html

[napi21]

1. WOW! And they tried to hang Hillary for turning $10,000 into $50,000!

I sure hope the Dems make sure this hits the MSM!

I think we here on DU knew this was happening, but even WE didn't realize just how big the increase was!

[Toots]

9. It was actually one thousand into a hundred thousand but who's counting

:shrug: It could have been beginners luck......

[SammyBlue]

87. Yeah, and when the bastard gets caught with his pants down

He pulls out the "charity" line. What an insincere ass.

[saigon68]

91. HE IS A BIG --"PIG" WITH HIS SNOUT IN THE PUBLIC TROUGH

[henslee]

2. 8 million gets you a grrreat defense attorney.

[Bernardo de La Paz]

14. And the left-over funds early retirement (though he's 65 already)

No wonder he was too busy for Katrina when he was shopping for villas on the east coast (Maryland, I think it was).

[Hawkeye-X]

3. Sure..

And I wish SEC would freeze Cheney's asset right now.

See this thread:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x1842413

[afdip]

4. i'm shocked to learn this . . .

he'll probably donate his earnings to hurricane relief, doncha think?

[ClintonTyree]

42. My guess would be the Texas Republican Campaign Fund......

that state cranks out more theo-fascists and crooked politicians than any other. They must breed them on special farms down there, like cattle.

[Mandate My Ass]

5. Wow, 2004 was a very, very good year

for lying crooks.

[UpInArms]

20. with Cheney denying that he has an interest in Halliburton

to this:



http://www.int.iol.co.za/index.php?click_id=3&art_id=qw1063557001678B262&set_id=1

Cheney denies role in Halliburton deal

September 14 2003 at 06:30PM

Washington - United States Vice-President Dick Cheney said on Sunday that he played no role in awarding lucrative contracts for reconstruction in Iraq to his former firm, Halliburton, and that allegations he was involved were "political cheap shots."

"Since I left Halliburton to become George Bush's vice-president I severed all my ties with the company, got rid of all my financial interest," Cheney said in an interview with NBC television's Meet the Press.

"I have no financial interest in Halliburton of any kind and haven't had now for over three years," he said.

"And as vice-president I have absolutely no influence of, involvement of, knowledge of in any way shape or form of contracts led by the (US Army) Corps of Engineers or anybody else in the federal government," he added.

...more...

[RUMMYisFROSTED]

65. It was 5,000% last month?

:wow:

[mzmolly]

6. Would this be an example of Dems "fighting"

Hmmmmmmmm, :freak: I do believe it is.

Great info, thanks!

[Toots]

10. To mention the fact is one thing

To get out there and hammer on it day and night and attract media attention is quite another. When I see that happening I will agree there might be some fight happening.

[mzmolly]

25. The Fairness Doctrine was repealed in the 80's under Ronald Reagan

we can hammer away all we want, the media picks up what it chooses to.

[katinmn]

7. Blood money!

2,000 soldiers and untold numbers of Iraqis gave their lives for this.

[mom cat]

41. Precicely.

[arcane1]

46. The Dick has an obvious conflict of interest

and should be forbidden to make any foreign policy decisions

[peacetalksforall]

8. As I keep repeating.... killing and maiming for profit - for a few. n/t

[hang a left]

11. Not to worry, they are in a blind trust.

And he plans on giving the money to charity. Give the guy a break. :sarcasm:

[htuttle]

27. I'm sure he'll funnel it through some sort of non-profit 'charity'

...so that he doesn't have to pay taxes on it.

Something like the 'Dick Cheney Foundation' set up to benefit...well, Dick Cheney.

[dbeach]

12. Veterans are a charity

give the money to help sick Vets poisoined by DU and Anthrax.

[stillcool]

13. Nice work if you can get it....

I guess. Three thousand two hundred and eighty-one percent. It doesn't make any sense that way either.

[McKenzie]

15. yet another fact to support the hypothesis

that these sacks of shit started the war for profit as well as geopolitical reasons. People need to push this really hard. Once the doubters who voted for these scumbags finally realise that this is all a big financial con, and it's they who are being conned, they'll be slightly pissed off.

The penny might just then drop, which is an apt analogy.

[sinkingfeeling]

16. Finally. I've been hunting for the 'rip-roaring' US economy!

[enough]

17. The current regime is running the government for PERSONAL PROFIT

for themselves and their friends. This is the simple message we need to hammer. Thanks to Lautenberg for this.

[Amonester]

88. 1964 (++) http://icasualties.org and thousands lost limbs for:

Bush Uncle Profits From Contractor
WASHINGTON, Feb. 23, 2005

(AP) President Bush's uncle made more than $450,000 last month by selling stock in a defense contractor whose profits are growing because of the Iraq war, records show.
...
He told the Los Angeles Times, which first reported the stock sale Wednesday, he had not pulled any strings in Washington for the company.
...
Five other officers or directors of the company have sold stock so far this year, SEC records show, with two of them profiting less than Bush and three making more. The biggest windfall went to Gary C. Gerhardt, the company's vice chairman and chief financial officer, who made nearly $7.5 million from selling stock on Jan. 31.
...
That contract was overseen by Darleen Druyun, a former Air Force contracting official serving a nine-month prison term for contract fraud involving Boeing.

~more~

http://www.cbsnews.com/stories/2005/02/23/politics/main676097.shtml

OP: Charities? Oh... Bet the Freeps believe every lie that Traitor says. "For Charity," Cheney said." :pinnochio_icon:

Yeah... Right! :sarcasm:

http://icasualties.org < GoCheneyourself's got NO Charity for these guys... NONE! They're just stats' NUMBERS for these CROOKS. :grr:

[Beetwasher]

18. Yeah, Right, He'll Donate It To Charity (He Says)

Well, what are you waiting for fuckwad! No time like the present!

[Rambis]

24. We are still waiting for Jim Nussle to give back 1/3 of his salary

ain't gonna happen either. Another campaign promise down the tubes along with his wife and downs syndrome daughter he used in his TV adds. His excuse..."I tried to give it back but the US Treasury office wouldn't take it."
Hey Jim, I have never had any trouble writing a check out to Uncle Sam he will cash it if it ever shows up. Fucktard! Now he is running for Iowa governor just say no to the architect of the worst budget in the history of human kind.

[NVMojo]

19. Fuck, there is something very wrong with this picture!!!

[LostinVA]

21. Makes the Nixon Boys look like choirboys n/t

[Generator]

22. I'm f'ing speechless at that percentage

but then I shouldn't be. And then it's not even just Cheney or Cheney that's the point of this massive fleeching, greed and debauching of America, Iraq and everywhere else. It's all those others raking in the dough and we don't have a clue to their names.

Cheney is just the CEO of greed international. Who else is making these unbelievable profits? Who and how many? Because they are the only Americans that actually matter in our foreign policy since they are the ones deciding upon it for themselves and themselves only.

[cal04]

23. Boy am I going to have a field day with the freepers at work

tomorrow. I am printing this and showing everyone of those who dare complain about the cost of anything!

[leftofcool]

26. Hey Dickless!!!!!!!!!

The Katrina victims you helped to ingore would be a good place to start giving. Then, asshole, maybe you could move a bit of your millions into the AIDS clinic that had to close down here because your crowd wouldn't fund it.

Left of Cool

[daleo]

28. Cheney - I can't help it if I'm lucky.

Idiot Wind.

[superconnected]

29. something tells me he'll give in the republican sense

to a few rw nazi charities and use it as a tax write off.

[soothsayer]

30. Gee, and to think Halli was losing $1 billion a year pre-Iraq. What

luck.

[cassiepriam]

31. Isn't Halliburton his favorite charity?

[tex-wyo-dem]

32. Pretty neat what long term, no-bid contracts for billions will...

do for your stock value.

No doubt in my mind that these treasonous bastards are in this war the $$$$, and lots of it. Not only was Halliburton in for almost guaranteed huge contracts, but the oil cornies were planning on raiding the vast Iraqi oil fields (hasn't quite worked out as they planned).

This is treason on the highest level.

[all.of.me]

33. i'm curious which charity these proceeds will go to....

[Tight_rope]

35. Wondering minds want to know!

:shrug:

[teryang]

44. He'll probably set up non profits run by family members and...

...trustworthy cronies. This way he won't give up control.

[all.of.me]

59. and he can draw a salary

;)

[electron_blue]

34. dayum... anyone here own any Haliburton stock?

I'm sure he'll donate it to Katrina victims.

NOT

[jasmeel]

36. Rawstory: Cheney's Halliburton stock options rose 3,281%

last year, senator finds

http://rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html


<An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, RAW STORY can reveal.

Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.>



I don't see any con<flict of interest, do you?

[PatriotGames]

37. What conflict of interest? I don't see one either!

[texpatriot2004]

76. Hey is that a pic of the hero bus driver in NO? What was his

name? They wanted to arrest him or some such nonsense.

[skids]

38. Yeah, "Give them to charity."

In other words, give them away as payoff to people in charity establishments for political favors.

[jasmeel]

39. It's so obvious my brain burns!! I emailed CNN to see if they

would do a story on it. I'm not getting my hopes up. I would like to know if Cheney gives this $$ to charity like he promised.

[Just Me]

40. But for the baseless war in Iraq, neither Cheney or Halliburton would have

,...profitted so HUGELY!!!

SICK!!! SICK WAR-MONGERS!!! THEY HAVE THE BLOOD OF AMERICAN SOLDIERS AND HUNDREDS OF THOUSANDS OF INNOCENT HUMAN BEINGS ON THEIR HANDS!!!

SICK DICK!!! :grr:

[teryang]

43. Give them to charity?

Reminds one of the thieves who find themselves in front of the judge for sentencing who say, "but your honor, I intended to pay the money back." The Judges give this no consideration on sentencing and they shouldn't. It's only said after they get caught.

This conduct is freakin outrageous. Organized crime bosses do the same trying to buy morality after their egregious crimes by "giving to charity."

[Mugsy]

45. Any bets that he'll keep the tax deduction?

An $8 million dollar donation, yes. But that doesn't mean he still won't profit.

Any bets that he'll still take the $8 million dollar donation off on his 2005 taxes?

:evilfrown:

[Egalitariat]

48. Itemized Deductions are phased out for rich people

He might get to use 20% of the donation as a deduction, but, for the most part rich people don't get much credit (on their taxes) for charitable contributions.

And, if he gets hit by the AMT, he'll have to pay income taxes next year on any refund he gets.

He offered to give up the tax deduction because rich people don't get to use them anyways.

Not much of a concession on his part.

[LSK]

47. 3 words

Swiss Bank Account

[Old Vet]

49. This while the people he serves cant afford prescription drugs........

Dying in wars, Drowning from old levees,working paycheck to paycheck, Some days one can just sit and cry out of frustration. Boy that third world talk is sounding more realistic daily.

[Lefty48197]

50. It's a conflict of interest for Cheney to own Halliburton stock

since he's involved in starting the wars that they profit from.

[Eagle_Eye]

82. I was under the impression cheney divested himself of all

Halliburton stock. Now I find out he still holds a ton of stock options. Could cheney have told a lie about his ownership in Halliburton?

[paineinthearse]

51. RS Cheney's Halliburton stock options rose 3,281% last year, senator finds

http://rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html

Cheney's Halliburton stock options rose 3,281% last year, senator finds
10/11/2005 @ 3:19 pm
Filed by RAW STORY

An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, RAW STORY can reveal. Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.



The above graph released by Sen. Frank Lautenberg (D-NJ) charts the value of the Vice President's holdings in Halliburton in the past year.

“Halliburton has already raked in more than $10 billion from the Bush-Cheney Administration for work in Iraq, and they were awarded some of the first Katrina contracts," Lautenberg said in a statement. "It is unseemly for the Vice President to continue to benefit from this company at the same time his Administration funnels billions of dollars to it. The Vice President should sever his financial ties to Halliburton once and for all.”

Cheney continues to hold 433,333 Halliburton stock options. The company has been criticized by auditors for its handling of a no-bid contact in Iraq. Auditors found the firm marked up meal prices for troops and inflated gas prices in a deal with a Kuwaiti supplier. The company built the American prison at Guantanamo Bay.

The Vice President has sought to stem criticism by signing an agreement to donate the after-tax profits from these stock options to charities of his choice, and his lawyer has said he will not take any tax deduction for the donations. However, the Congressional Research Service (CRS) concluded in Sept. 2003 that holding stock options while in elective office does constitute a “financial interest” regardless of whether the holder of the options will donate proceeds to charities. CRS also found that receiving deferred compensation is a financial interest.

more.....

[Generic Other]

52. Blood money

It's cursed. Trust me.

[TallahasseeGrannie]

53. How incredible. How absolutely incredible.

what a banana republic we have become.

[benburch]

54. The most corrupt administration in America's history.

And it had a LOT of competition to beat out.

[GoddessOfGuinness]

55. What "charity", I wonder?

Pat Robberson?

[Arkamadyz]

56. bush or cheney

i think ill stick with george bush, god only knows what would happen if cheney actually was president - WW III

[Maeve]

84. Y'know what they say...charity begins at home!

:eyes:

"The Fund to Save Cheney's A$$ets"

[ramapo]

57. Nary a whimper from the media

Imagine the outrage if this had been a Democratic administration.

The citizenry doesn't seem to upset either

[paineinthearse]

58. Raw Story IS the media (our media, at least)

And they are ROARING!

[w8liftinglady]

60. a few links related to/confirming this

http://www.hillnews.com/news/101503/cheney.aspx

http://www.truthout.org/docs_03/091803B.shtml

http://www.mindfully.org/Reform/2003/Cheney-Halliburton-Lautenberg25sep03.htm

[Phoebe Loosinhouse]

61. The US of A is a serfdom whose inhabitants donate to a public treasury

that benfits a few connected nobles. Everything old is new again. We've made very few advances since the days of the Magna Carta.

[w8liftinglady]

62. I MAY HAVE DISCOVERED THE CHARITY!

http://www.aei.org/support/filter.all/default.asp
The American Enterprise Institute

look at who a senior fellow is!
http://www.aei.org/scholars/scholarID.10,filter.all/scholar.asp

[sellitman]

63. The plot thickens!

Good find!!!!

:popcorn:

[mitchum]

64. I hate these goddamn crooks who are running (and ruining) this country

[Sven77]

66. you forget lynne cheney

lynne (author of the saucy lesbian novel "sisters") worked for Lockheed Martin, Dick was handing her contracts right out of the white house.

http://en.wikipedia.org/wiki/Lynne_Cheney

[w8liftinglady]

68. See #63 above

it has Lynne cheney written all over it :yoiks:

[Tigress DEM]

67. Haliburton should refund the 8.8 Billion that got "lost" in Iraq

[goforit]

79. Agreed!!!....Time to freeze their offshore accounts!!!

[IndyJones]

69. Please forgive my ignorance here, but a question...

Here is a copy of the Gift Administration Agreement whereby the Cheneys will give all option proceeds to charity.http://www.factcheck.org/UploadedFiles/Cheney%20Gift%20Trust%20Agreement.pdf

Why do they keep bringing up the options as an issue?

Like I said...forgive my ignorance, but I don't see why people are upset over the options issue.

I agree that it seems like Halliburton is getting too big a piece of the war profits and I don't like it at all.

But how is Cheney reaping any benefits? It's not just that he's given a verbal pledge - he's got a legal document in place to enforce it.

[JusticeForAll]

71. Your ignorance is pardoned.

OK, so HIS options are going to charity (supposedly).

Now think about how many, many, many other cronies that he worked with and that still work at Halliburton who are now benefitting from the same increase in options? Think about the percentage increase and the absolute amount of money they are "earning"

Now, do you think that this company truly earned these no-bid contracts? Or do you think that they got them because one of their boys is in the White House?

There's no problem when a company earns its profits...but looking at the massive fuckups these shitheads have orchestrated, from pathetic service provided to the military to bungling of relief efforts of Katrina, can you really honestly say there is no issue here?

You think Enron was bad for a lot of Texan investors? This is theft of the entire American public's money and a theft from many generations to come.

[w8liftinglady]

72. And forgive my ignorance,too

..but when exactly do these options expire?Isn't he just giving away
"potential" earnings?(His tax return from 2004 certainly doesn't indicate that he made anywhere near what halliburton was going for at the time.Meaning if he acquired his options at 19 dollars a share,and Halliburton is now trading at over 60 dollars a share(and should continue to do well)..when he is no longer in office,he can cash in his options?...just curious.

[w8liftinglady]

73. i answered my own question

or rather-Halliburtonwatch.com did

STOCK OPTIONS: The Vice President has signed an agreement to donate any profits from his stock options to charity, and has pledged not to take any tax deduction for the donations. Should Halliburton's stock price increase over the next few years, the Vice President could exercise his stock options for a substantial profit, benefiting not only his designated charities, but also providing Halliburton with a substantial tax deduction.

Halliburton Stock Options Currently Held by Cheney (current to end of 2002): 100,000 shares at $54.5000 (vested), expire 12-03-07; 33,333 shares at $28.1250 (vested), expire 12-02-08; 300,000 shares at $39.5000 (vested), expire 12-02-09.

Cheney's deferred compensation and stock option benefits are in addition to a $20 million retirement package paid to him by Halliburton after only five years of employment; a $1.4 million cash bonus paid to him by Halliburton in 2001; and additional millions of dollars in compensation paid to him while he was employed by the company.

In 2002, Cheney's total assets were valued at between $19.1 million and $86.4 million

[PinkyisBlue]

74. How is Cheney Reaping Benefits?

According to the document you linked in your post, and if the charities on this document are those to which Cheney will donate his options, he stands to gain plenty. I don't believe he or his peers give away anything; it's all business to them. They steer money to one group or organization and that group will give them back something in return, be it cash, a board membership, money laundered to a different group (or maybe a secret bank account), etc. These people don't do ANYTHING unless they stand to benefit somehow.

Here are the charities listed on your document:

1. University of Wyoming 40% net proceeds

2. Medical Faculty Associates, Inc. 40% net proceeds
(d/b/a GW University Medical
Faculty Associates)
(for the Richard B. Cheney Cardiac
Institute)

3. Capital Partners for Education 20% net proceeds

It's my guess that he has bought himself a team of medical investigators that are conducting research on his specific cardiac problems in the hopes of curing what ails him. The problem is, how do you cure a person's heart disease when it's shown he has no heart?

The Capital Partners for Education provides scholarships for youth in the DC area, who are poor and smart, to attend (and think about this) PRIVATE, mostly RELIGIOUS high schools. I can only imagine how this is personally benefiting him. I noticed on the board of directors of this "charity" (and there are a lot of board members) are members with ties to the Carlyle Group. Hmm, interesting.

And it doesn't specify to which programs the University of Wyoming funds will be directed. Perhaps the Richard B. Cheney Divinity School or the Richard B. Cheney Sports Complex? Don't worry, he'll get a payback for any "giving" he does.

[EFerrari]

78. I agree. He expects to take it with him in suitcases.

It must be pretty awful to be so at odds with your own mortality.

[goforit]

70. OMG!!!......Better than hitting the lottery.

[pinniped]

75. Before, these assholes said dickey was only set to receive a deferred...

paycheck from when he was the POS ceo. There were no other ties to the POS company.

Anyone else remember this from a few years ago?

I never saw mention of 433,333 shares of stock until now.

[truthisfreedom]

77. pledged to use it as a writeoff, more like. he needs it later for the

massive profits he has planned from his other ill gains.

[lonestarnot]

80. Halliburton awarded another contract today for some

$31 mil.? www.rawstory.com

[jokerman93]

81. Give Cheney a break man!

Don't you get it? It's all about accountability and personal responsibility! Cheney is looking out for himself and fattening his bank account. That's personal responsibility at its most excellent! These are the new American values the Repubs have been selling. Cheney's a tough, smart, manly man. Did you know he's been known to shoot and kill hundreds of captive birds at one time?! Wow. He's the great white hunter too! Owns lotsa guns! Done quite well for himself and is most likely blessed in the eyes of loard -- otherwise he wouldn't have lots of money and power, right? That's why he's at the top of the kill chain. Merkin people admire that shit now days.

Conflict of interest is only illegal because liberals think it should be. They want regulations because they know they're too weak to dominate. Laws like that are nothing to be concerned about.

:sarcasm:

lol Couldn't help that one!

[MilesColtrane]

83. Hopefully he'll need that money to pay

for his team of defense lawyers.

[Eurobabe]

85. Fucking crook.

n/t

[november3rd]

86. special prosecutor

let's go. time to roll out the special prosecutor and fund them to nose around into every nook and cranny of those transactions -- just like they did for Whitewater for 8 years.

Only this time they'll find the dirt and it will take about 1 day.

[callady]

89. In 1 Year, Halliburton's Stock Doubles as Troops Deaths Double

In 1 year, Halliburton's stock doubles as troop deaths double
20 Sept. 2005

WASHINGTON, Sept. 20 (HalliburtonWatch.org) -- Since the beginning of the Iraq war, Halliburton, the Texas energy giant once headed by Vice President Dick Cheney, has seen its stock price more than triple in value. When the U.S invaded Iraq in March of 2003, Halliburton's stock was selling for $20 per share. The stock price at the close of market activity on Monday was $66.

In the last 12 months, the total number of U.S. service members killed in Iraq almost doubled as Halliburton's stock doubled. Halliburton's stock rose from $33 per share in September 2004 to $66 yesterday while U.S. deaths in Iraq increased from 1,061 to almost 1900.

Three graphs at this link starkly depict the dramatically similar rise of Halliburton's stock price, revenue and U.S. soldiers killed during the past thirty months of war in Iraq.

Halliburton's CEO also enjoyed an incredible personal gain from Iraq and the commensurate rise in gasoline prices. A HalliburtonWatch analysis reveals that CEO David Lesar's stock holdings in Halliburton increased by a stunning $78 million since the Iraq invasion.

http://www.halliburtonwatch.org/news/stock_troop2.html

[lovuian]

90. Haliburton has been Cheney's baby Bush Carlyle

everyone has their favorite funneling business!!!

[OKNancy]

92. kick

[ElsewheresDaughter]

93. Cheney's Halliburton stock options rose 3,281% last year, senator finds

An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, RAW STORY can reveal.

Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.


The above graph released by Sen. Frank Lautenberg (D-NJ) charts the value of the Vice President's holdings in Halliburton in the past year.

“Halliburton has already raked in more than $10 billion from the Bush-Cheney Administration for work in Iraq, and they were awarded some of the first Katrina contracts," Lautenberg said in a statement. "It is unseemly for the Vice President to continue to benefit from this company at the same time his Administration funnels billions of dollars to it. The Vice President should sever his financial ties to Halliburton once and for all.”

<snip>

Cheney told "Meet the Press" in 2003 that he didn't have any financial ties to the firm.

“Since I left Halliburton to become George Bush's vice president, I've severed all my ties with the company, gotten rid of all my financial interest," the Vice President said. "I have no financial interest in Halliburton of any kind and haven't had, now, for over three years.”

Cheney continues to received a deferred salary from the company. According to financial disclosure forms, he was paid $205,298 in 2001; $162,392 in 2002; $178,437 in 2003; and $194,852 in 2004.

http://rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html

[SCDem]

94. The whole give to charity thing

What charity would that be Mr Cheney? Oil for dollars? Help a displaced ex-CEO who had the unfortunate circumstance of getting caught in his lies? More snowflake babies?

What would that charity be?

[CTyankee]

95. "Government had nothing to do with it"

Remember when he said that about his success in business during the VP debate against Lieberman in 2000?

It's a wonder he doesn't choke on his own lies.

[TiredOfLies]

96. Cheney on Meet the Press Sept,. 14, 2003

He should be locked up!!!!!!!!!!!
And since I left Halliburton to become George Bush’s vice president, I’ve severed all my ties with the company, gotten rid of all my financial interests. I have no financial interest in Halliburton of any kind and haven’t had now for over three years. And as vice president, I have absolutely no influence of, involvement of, knowledge of in any way, shape or form of contracts led by the Corps of Engineers or anybody else in the federal government, so...

http://msnbc.msn.com/id/3080244