5
Aug
2005

Blood and gravy

Moscow Times
by Chris Floyd

08/05/05

Yes, it's once more unto the breach with Halliburton, the gargantuan government contractor that still pays Cheney, its former CEO, enormous annual sums in 'deferred compensation' and stock options -- even while he presides over a White House war council that has steered more than $10 billion in no-bid Iraqi war contracts back to his corporate paymaster. This is rainmaking of monsoon proportions. Indeed, the company's military servicing wing announced a second-quarter profit spike of 284 percent last week -- a feast of blood and gravy that will send Cheney's stock options soaring into the stratosphere. But although Halliburton has already entered the American lexicon as a byword for rampant cronyism, the true extent of its dense and deadly web of graft is only now emerging, most recently in a remarkable public hearing that revealed some of the corporation's standard business practices in Iraq: fraud, extortion, brutality, pilferage, theft -- even serving rotten food to U.S. soldiers in the battle zone...

//context.themoscowtimes.com/stories/2005/08/05/120.html


Informant: Thomas L. Knapp
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