As if any of us needed another reason to suspect Halliburton/Cheney...

[boxster]

according to InformationWeek magazine, Halliburton LOST $998 million in their last fiscal year.

So, they lost nearly a billion dollars last year. Meanwhile, their stock has more than doubled in the past 12 months, going from $12.05/share to $25.90 a couple of days ago. Lose a billion, double your stock value. Must be that "fuzzy math" Bush was always talking about.

Nice timing on those open-ended contracts in Iraq - guess they'll guarantee their stockholders a profit this year. No wonder their stock is surging.

Pretty damn convenient of Bush and Cheney to bail them out, hmm?

[Brucey]

1. I wouldn't believe anything they say.

The "lost" profits will likely show up in some people's bank accounts.

[boxster]

2. The scary thing is that the supposed "lost" billion

would have been after all of the tax write-offs we all know they must have taken!

I also read that they are getting sued in a huge asbestos case, so maybe the billion includes a "charge" for the settlement in that suit.

The billion also probably includes kickbacks to Cheney's off-shore bank accounts. Ya know he has 'em!