Excerpts from Biography of "Dick" Cheney - Iran Boycott

[JPZenger]

http://www.cbc.ca/fifth/dickcheney/halliburton.html

Excerpts from an unauthorized biography of Cheney.

1995

MARCH: President Clinton signs an order prohibiting "new investments by U.S. persons, including commitment of funds or other assets." U.S. companies are prohibited from performing services "that would benefit the Iranian oil industry." Companies face fines of up to $500,000 and individuals may receive 10 years in jail for breaking the embargo.

MAY 6: President Clinton imposes a near total U.S. economic embargo on Iran.

OCTOBER: Cheney becomes CEO and Chairman of Halliburton.

During his five year stint at Halliburton, the company wins $2.3 billion in federal contracts, almost double the total of the previous five years, and another $1.5 billion in taxpayer-insured loans.

Halliburton is fined almost 4 million for selling products to Libya that could be used to trigger a nuclear program.

SEPTEMBER 25: Halliburton Energy Services prepares an invoice for spare parts... The invoice puts Kuwait as the final destination for the parts. In fact, the equipment is headed for .. Iran.

OCTOBER 30: Halliburton is opposed to the U.S. embargo and lobbies congress against the Iran/Libya sanctions bill.

2000

FEBRUARY: Halliburton opens an office in Tehran ..

SPRING: Democratic senator Frank Lautenberg says that Halliburton's business with Iran is unethical and possibly illegal.

"To be looking for breaks in the law that permit them (Halliburton) to profit while this hostility (with Iran) is in front of us is unacceptable under any condition."

JUNE 13: Cheney tells the World Petroleum Congress in Calgary “we’re kept out of there primarily by our own government, which has made a decision that U.S. firms should not be allowed to invest significantly in Iran and I think that’s a mistake.

AUGUST 16: Cheney ...exits Halliburton with a stock payoff worth $30 million.

2001 Wall Street Journal Article on Violations of Iran Embargo:

http://www.payk.net/mailingLists/iran-news/html/2001/msg00056.html