Sunday, October 16, 2005

Lautenberg: congratulations Halliburton and Vice President Cheney!

Lautenberg: congratulations Halliburton and Vice President Cheney!:

"WASHINGTON -- Senator Frank R. Lautenberg reiterated his call for Vice President Dick Cheney to forfeit his continuing financial interest in the Halliburton Co (HAL), in light of the surging value of Vice President Cheney's Halliburton holdings. Vice President Cheney continues to hold 433,333 Halliburton stock options, now worth $9,214,154.93 (at close yesterday.)

'As Halliburton's fortunes rise, so does the Vice President's, and that is wrong,' said Senator Lautenberg. 'Halliburton has already raked in more than $10 billion from the Bush-Cheney Administration for work in Iraq, and now they are being awarded some of the first Katrina contracts. It is unseemly for the Vice President to continue to benefit from this company at the same time his Administration funnels billions of dollars to it.'"

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