Tuesday, March 25, 2003

How does Cheney still get 1M$/yr from HAL?

Halliburton Charges Into Iraq

A division of Halliburton (NYSE: HAL) has been awarded a contract from the U.S. Army Corps of Engineers to work in Iraq. The size of the contract was not disclosed, but estimates put it near $1 billion... Dick Cheney was CEO of Halliburton until 2000. Upon entering the vice president's office, Cheney divested himself of his holdings, although he reportedly still receives about $1 million a year in compensation from the company.

and in other chump-change contract news...

...Halliburton...has a long history of contracts with the military...among its recent U.S. military contracts: a $16 million deal in which it built a permanent prison at Guantanamo Bay, Cuba, for detainees from the war in Afghanistan...

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