Tuesday, November 9, 2004

Halliburton in more trouble

The election's over - now the mud starts flowing
The White House's Halliburton Honeymoon is already history.

Only two days after President Bush declared victory in his quest for a second term, the company once run by Vice President Cheney dropped a political bomb.

In a filing to the Securities and Exchange Commission on Friday, the oil services company said that the Justice Department expanded its investigation into Halliburton, that government probes have found that bribes may have been made in Nigeria and that A. Jack Stanley, a former senior executive, may have been involved.

The latest news about alleged shenanigans at Halliburton, some of which may have occurred on Cheney's watch, serves as a timely warning for the Bush administration: Second terms are often beset by scandal.

...there are certainly plenty of thorny matters awaiting resolution: the probe into the leak of a CIA operative's employment; reports and lawsuits stemming from the abuse of prisoners at Abu Ghraib; probes into prewar intelligence in Iraq and the White House's use of it; and FBI investigations into how sensitive intelligence wound up in the hands of Israelis and Iranians.

Even the chief investigator faces investigation. The Justice Department's Public Integrity Section is examining whether Attorney General John D. Ashcroft, when he served in the Senate, violated criminal campaign funding laws or federal disclosure laws relating to the transfer of a mailing list to his campaign committee.

Halliburton gets the prize for being the first to reassert itself since the election. Its SEC filing Friday disclosed more trouble related to investigations by the SEC, Justice, a French magistrate and Nigerian officials into whether a consortium including Halliburton paid $180 million in bribes to Nigerian officials involving a gas plant from 1995 to 2002. Cheney ran the company from 1995 to 2000, and Halliburton bought the unit involved in the consortium in 1998.

That followed by little more than a week the last bad news about Halliburton: that the FBI expanded a probe into charges of contract irregularities by Halliburton in Iraq and Kuwait...

Halliburton also told shareholders that the Justice Department is examining whether operations in Iran by a subsidiary violated U.S. sanctions.
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It would be kind of nice to think that there were enablers helping the Warp Resident's handlers keep stories locked away until after the election just so he would have to take responsibility for all the filth of his administrative first term. Enablers in high places, quietly giving them enough rope to hang themselves, and now it's time to pay the piper. And it would be especially satisfying to see Oil Slick Dick in horizontal stripes - no, make that denim, or an orange jumpsuit. Leave me my fantasy for a while, will ya?

Jeez, I don't know when it was I turned so vindictive. It must have been 9/11, when everything changed.

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