http://www.factcheck.org/article261.html
What will liberals argue now?
2006-12-18 11:16:20 · 16 answers · asked by Anonymous in Politics & Government ➔ Politics
of course it will be buried under red tape for years to come you can be sure of that.
2006-12-18 11:23:58 · answer #1 · answered by Enigma 6 · 1⤊ 1⤋
Cheney's public financial disclosure sheets filed with the U.S. Office of Government Ethics showed he received $162,392 in 2002 and $205,298 in 2001. He no longer receives money from Halliburton but he is getting rich. He still owns stock in the company and the value of Halliburton has more than quintupled since Cheney has been vice president. His net worth is composed primarily of stocks he owns in the company. His net wroth when he was elected was 20 million now it is 100 million. So jack as-salam is correct when he says Dick does not receive cash but he does not understand how a person can still get rich when the value of a stock rises. Read investments for dummies and you will understand as-salam
In addition to his current holdings the vice president still has options he can exercise, he does not technically own the options but when he is no longer president they will allow him to buy shares According to an analysis distributed by Lautenberg, if Cheney were to exercise his options, the Vice President could:
* Buy 100,000 shares of Halliburton stock at $54.50 before the end of 2007. That adds up to $5,420,000.
* Buy 33,333 shares of Halliburton stock at $28.13 by the end of 2008. That adds up to $937,657.29.
* Buy 100,000 shares of Halliburton stock at $39.50 by the end of 2009. That adds up to $3,950,000.
2-Jan- $5.63
17-Jul-062 : 1 Stock Split hey as- do you know why this is done?
15-Dec-06 $32.87
When he leaves he will exercise the options and the higher the price when he gets out the more money he will make.
http://uk.finance.yahoo.com/q/hp?s=HAL&d=11&e=19&f=2006&g=d&a=11&b=31&c=1981&z=66&y=66
2006-12-18 19:26:20 · answer #2 · answered by in2320 2 · 1⤊ 2⤋
Cheney is still being paid by Halliburton, and his investments are in a blind trust.
2006-12-18 20:38:16 · answer #3 · answered by bettysdad 5 · 0⤊ 0⤋
For years people understood "Hand Shake deals" Or the famous "Back Room deal"
Now only if there is a contract in place does a deal exist.
What ever happened to favors. And that nice loop hole in the SEC time stamp on stock transfers law.
Go big Red Go
2006-12-18 19:30:45 · answer #4 · answered by 43 3 · 1⤊ 0⤋
It's called "sweetheart" deals. Halliburton gives Cheney
1.6 million before the election, in return, Cheney rewards
them with a no-bid contract.
Then, there's these things called stocks - he makes money,
don't kid yourself.
It's all shady, that's why we'll never know all of the details,
because that's the way the fat cats want it.
2006-12-18 19:27:04 · answer #5 · answered by Calee 6 · 3⤊ 2⤋
He does not work at halliburton anymore.
2006-12-18 19:29:48 · answer #6 · answered by Vagabond5879 7 · 0⤊ 0⤋
Remember during the debate when John Kerry said that President Bush owned a lumber company??
It's the same thing...
2006-12-18 19:18:39 · answer #7 · answered by El Bubba 3 · 4⤊ 2⤋
He had given up his options unlike certain democrats have not done with their vested intrests (McAuliffe and Global Crossing? Hillary and cattle futures?).
2006-12-18 19:24:35 · answer #8 · answered by Anonymous · 1⤊ 1⤋
Because he sold his stake in it when he went for the VP nomination.
2006-12-18 19:26:33 · answer #9 · answered by Chainsaw 6 · 1⤊ 0⤋
Because Democrats in Congress own millions of shares of Hallibuton.
Democrats may screw working people, but they like money themselves.
2006-12-18 19:20:34 · answer #10 · answered by Anonymous · 7⤊ 1⤋
Ugh you know us liberals. If you tell us the moon is green we will tell you it is red just to be a jerk.
2006-12-18 19:18:25 · answer #11 · answered by Perplexed 7 · 6⤊ 0⤋