Didn't Halliburton have a 5yr vesting requirement? Did Cheney work there for 5yrs?

[Bozita]

Seems "dead eye" Dick came up short. If IIRC, it was by 3-6 months. The Halliburton board voted to ignore that.

Now, you American workers should oughtta just pull your dumbass-selves up by your own bootstraps.

Just like Dick.

[hvn_nbr_2]

1. Vesting requirements only apply to plebeians.

And I don't feel like looking up how to spell plebeians. But the Firefox spell checker doesn't seem to be complaining.

[MagickMuffin]

2. from Wiki

From 1995 until 2000, he served as Chairman of the Board and Chief Executive Officer of Halliburton, a Fortune 500 company and market leader in the energy sector. Cheney's record as C.E.O. was the subject of some dispute among Wall Street analysts, and a 1998 merger between Halliburton and Dresser Industries attracted the criticism of some Dresser executives for Halliburton's lack of accounting transparency.

During Cheney's tenure, Halliburton changed its accounting practices regarding revenue realization of disputed costs on major construction projects.

In 1997, along with Donald Rumsfeld, William Kristol and others, Cheney founded the "Project for the New American Century," a neo-conservative U.S. think tank whose self-stated goal is to "promote American global leadership."<33> One of the PNAC's positions involved urging the United States to remove Saddam Hussein's regime from power in Iraq, using "diplomatic, political and military efforts".<34> He was also part of the board of advisors of the Jewish Institute for National Security Affairs (JINSA) before becoming Vice President.

In early 2000, while serving as Halliburton's CEO, he headed George W. Bush's Vice-Presidential Search Committee. After reviewing Cheney's findings, on July 25th, Bush surprised some pundits by asking Cheney himself to join the Republican ticket. Halliburton reportedly reached agreement on July 20th to allow Cheney to retire, with a package estimated at $20 million.

[tech3149]

4. Yea, just give him the money and let him walk

Meanwhile we have to deal with the shitstorm known as Dresser Industries. Real smart guy that Unka Dick!
Why is it assholes can walk away with a pocketful of cash and leave behind a mountain of debt?

[MagickMuffin]

7. Oil Slick Dick learned at an early age how to rig the system

by engaging himself in the very system. He knows ALL about "Creative Accounting" (his term) by cooking the books.

He was actually interviewed and he admitted to Halliburton's "Creative Accounting" i.e. cooking the books and the interviewee just let it pass. No follow up questions, no nothing, nada, zip, end of discussion. So, apparently the "Liberal Media" helps enable these bastards.

I saw an article the other day where Oil Slick Dick mentioned how when he worked for pResident Ford as his COS, and people were digging through his files looking for memos, and that he learned a lesson early on from his Nixon days to never write memos so there won't be any files to catch up with you later. He's soooooooo clever!

And of course once he ensconced himself as VP he has been able to keep his public files private. Even though those files belong to us, he has managed to stick it to the USA. They have operatives in all branches to help them along.
Senator Coburn is blocking the Presidential Records Act from seeing the light of day, after Mad king Boy George wrote his executive privilege act when he took control of the Oval Office in '01. I'm sure Oil Slick Dick offered his advice on that one. After all they still need to protect the years of abuse they have caused our country. From Watergate, BCCI, Iran Contra (he was the one who got Rep. Lee Hamilton (D) to squash the investigations, don't know how he did it but he did) the theft of the presidency Oil Slick Dick knows how to Cover Up the Mess.

I could go on but you get the drift.

[lligrd]

3. I'd Say Halliburton Made A Wise Choice Financially

for the short term. In the long term, I expect they are all planning to find a safe, viable country to live in.

[soothsayer]

5. he's got 100,000 vested shares the expire this Dec 3, plus more

According to the Vice President’s Federal Financial Disclosure forms, he holds the following Halliburton stock options:

100,000 shares at $54.5000 (vested), expire December 3, 2007
33,333 shares at $28.1250 (vested), expire December 2, 2008
300,000 shares at $39.5000 (vested), expire December 2, 2009

much more at the top 24th censored story of 2007
http://www.projectcensored.org/censored_2007/index.htm

[Atman]

6. It's must worse than that; he was to be held PERSONALLY LIABLE for Dresser

SEC regulations would have held the CEO of Halliburton -- Cheney -- personally liable for the hit taken by shareholders as a result of acquiring Dresser and the asbestos liabilities. Actually, "only" the difference in value between the day he acquired Dresser and another particular date; I don't recall what that benchmark was. The only way for him to avoid this was to hope like hell Halliburton's stock price at least returned to it's pre-Dresser level.

Remember here, the key word is 'personally.' Cheney was looking at being completely financially ruined...he would have been liable for tens, if not hundreds of millions of dollars.

But in a very, fortunate turn of events for Mr. Cheney, a war broke out and Halliburton received billions of dollars worth of no-bid contracts from the government, and Halliburton's stock soared.

How conveeeeeeeeeeenient for him, eh?

.