Halliburton


When Dick Cheney stepped down as CEO of Halliburton to run with George Bush, he received a 33.7 million dollar package. On top of this, he caved to public pressure, selling 30 million dollars in stock options. During Cheney’s time as CEO, the number of subsidiary companies set up in off shore tax havens went from 9 to 44. One subsidiary named Halliburton Products and Services Ltd.,was set up in the Caymen Islands, as a way to avoid U.S. sanctions on doing business with Iran. During the same period, federal taxes paid by Halliburton went from over 300 to 85 million dollars a year. As hard as I ponder, I find it hard to swallow Cheney’s statement – ” the government has absolutely nothing to do ” with his or Halliburton’s financial success.

http://www.halliburtonwatch.org/about_hal/chronology.html

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