🚀 go-pugleaf

From: "Nereid" <Nereid@neptune.com>
Subject: Cheney- Corporate Whore No Shame
NNTP-Posting-Date: Sun, 25 Aug 2002 19:42:12 GMT

The Daily Enron reports on Halliburton's wholly owned health insurance
subsidiary: "When Cheney took the helm at Halliburton in 1995 company
lawyers were fretting that Highlands [Insurance] might soon become one
big asbestos insurance liability... Court documents show that Cheney
devised a plan to sell Highlands to unsuspecting shareholders by not
disclosing the company's potential asbestos claim liabilities...
Within three years of the sale Highlands found itself saddled with
23,000 claims worth about $80 million from workers at Halliburton's
Brown & Root construction subsidiary.

Highland's attorneys have argued - successfully - that Cheney withheld
'material information' about Brown & Root's insurance issues. Last
month the Delaware Supreme Court upheld a lower court ruling in favor
of Highlands.

The Highlands case becomes the third instance in which Cheney's 5-year
reign as Halliburton's CEO has come under scrutiny."
http://www.thedailyenron.com/documents/20020820094250-29013.asp



Monte
"Today's public figures can no longer write their own speeches or books,
 and there is some evidence that they can't read them either." ---Gore Vidal