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Halliburton Responds to Larry Klayman's Supersillyous Suit(My Title)
CBS Market Watch "Big Charts" Web Site ^ | 7/10/2002 | MarketWatch.com

Posted on 07/10/2002 11:04:03 AM PDT by SierraWasp

12:57PM Halliburton responds to Judicial Watch lawsuit (HAL) by Michael Baron Halliburton (HAL) is off 30 cents, or 2.1 percent, to $13.82, in midday action. The company is out with a press release responding to a lawsuit filed by Judicial Watch, a Washington, D.C.-based legal watchdog group. The suit alleges fraudulent accounting practices at Halliburton took place during the period when current vice president Dick Cheney served as its chairman and CEO. Halliburton called the claims in the suit, "untrue, unsupported, and unfounded." The company continued: "We are working diligently with the SEC to resolve its questions regarding the company's accounting procedures. Halliburton has always followed and will continue to follow guidelines established by the SEC and GAAP, General Accepted Accounting Principles."


TOPICS: Breaking News
KEYWORDS: vpdickcheney
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Well... I think this has been properly dismissed as another publicity ploy!!!
1 posted on 07/10/2002 11:04:04 AM PDT by SierraWasp
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To: SierraWasp; Howlin
I work the overnite shift .....and this was on ALL top of the hour news updates.......Larry outdid himself with this one....liberal media is running with this one...
2 posted on 07/10/2002 11:06:53 AM PDT by Dog
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To: SierraWasp
superscilous and superfluous
3 posted on 07/10/2002 11:08:04 AM PDT by Smartaleck
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To: Dog
Yet, I don't remember the press getting too excited over all of Larry's lawsuits against members of the Clinton administration. Surprise, surprise, the press is biased.
4 posted on 07/10/2002 11:08:21 AM PDT by Darth Reagan
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To: SierraWasp
Thank God Almighty that someone is finally speaking out against this partisan witch-hunt on Wall Street, which now could taint the US Vice-PResident by digging into his old Halliburton days. In the name of all that is Holy, VP Cheney already has heart problems, and there is a war to be fought overseas. Why would fellow Americans seem so crazed to file suit on Halliburton. Halliburton will be proven to be on the side of the angels. It's an honest business in a tough arena. Thank God there someone hasn't lost all their senses and realizes any suit against Halliburton is ludicrous.
5 posted on 07/10/2002 11:08:40 AM PDT by CecilRhodesGhost
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To: SierraWasp
Well, I wasn't exactly expecting Halliburton to just confess, when confronted by the unstoppable legal powerhouse that is Larry Klayman.
6 posted on 07/10/2002 11:08:49 AM PDT by dead
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To: SierraWasp
Halliburton is nothing like Enron. In the oil business, but the similarity ends there.
7 posted on 07/10/2002 11:10:23 AM PDT by RightWhale
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To: SierraWasp
I like your title. BTTT
8 posted on 07/10/2002 11:14:16 AM PDT by truthkeeper
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To: dead
You owe me a keyboard.
9 posted on 07/10/2002 11:14:22 AM PDT by Ingtar
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To: RightWhale
Halliburton is nothing like Enron. In the oil business, but the similarity ends there.

You're right. Halliburton is a nuts and bolts company that makes it's money out in the hot, smelly oil patch, not in the antiseptic cubicles that was Enron.

10 posted on 07/10/2002 11:14:33 AM PDT by ladtx
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To: SierraWasp
The complaint is now posted at Judicial Watch. Here.
11 posted on 07/10/2002 11:22:22 AM PDT by Ben Ficklin
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To: SierraWasp
When I was scanning the wires, I noticed something interesting. When Judicial Watch went after the Clinton, they were called a "right-wing group". Now that JW is going after Cheney, they are now listed as a "public interest group". Sometimes, the media can't help but show its bias.
12 posted on 07/10/2002 11:23:49 AM PDT by toupsie
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To: dead
Obviously not a French company.
13 posted on 07/10/2002 11:23:56 AM PDT by Dales
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To: Darth Reagan
Not only that ,but remember when someone in Bush 1 looked to see BC's passport from his Oxford nondays. The media almost had a stroke, recalling RNixon. Yet, The Clinton misadministration actually told the SEC to REOPEN the Harkin matter, to try to destroy GW before he was even a blip on the radar screen. (Dick Morris) Has the media said ANYTHING about this NOOOOOOOOOO.
The EVIL DUMS are desperately trying to dig up something to cause GW problems. CARVILLE. Lockhart et al are busy with their gutter minds busy at work.

I guess they have forgotten about the WAR. But, they were really pissed about the TT disaster. How could their buddies the terrorists blow their agenda. They are counting on the American public losing interest in protecting the nation.
14 posted on 07/10/2002 11:24:14 AM PDT by marty60
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To: truthkeeper
Well thanks. I didn't have time to flip back and see exactly what title came across the wires of See Bee Ess MarketWatch.com so I made one up and deliberately misspelled one wurd, DELIBERATELY!!! (I'm always baitin the spelling cops, just for fun and amazement)
15 posted on 07/10/2002 11:25:52 AM PDT by SierraWasp
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To: CecilRhodesGhost
Exactly. Halliburton does amazingly complicated work. And always the attacks come from people who have no experience in the real world, as if they are clean. Clean only because they have never built, managed or operated anything producing goods or services from which people benefit or gain employment. However, the booking of revenue not yet realized, ala Merck, does get me to wonder why accountants advise that these can be booked somehow. I wish someone could provide understanding as to why from an accounting standpoint, this is OK. Clearly, cost over-runs on construction projects cannot be realized until approved by the client. Perhaps there is some contract language allowing this, but without a clients pre-approval, it seems at least risky and likely fraudulent.
16 posted on 07/10/2002 11:29:55 AM PDT by Sigurd
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To: Smartaleck
Another failed subterfuge by liberals.
17 posted on 07/10/2002 11:33:01 AM PDT by rintense
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To: dead; Darth Reagan
Larry Klayman, 0 - 3,756 and counting
18 posted on 07/10/2002 11:33:33 AM PDT by Phantom Lord
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To: SierraWasp
Isn't there some kind of law against filing frivolous lawsuits....especially when all the lawsuits your firm files are politically motivated and you always lose?
19 posted on 07/10/2002 11:45:51 AM PDT by Right_in_Virginia
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To: dead
Has Klayman ever won in a real court?
20 posted on 07/10/2002 11:51:08 AM PDT by bybybill
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To: CecilRhodesGhost; Admin Moderator
keep yer eye on this one, moderator. I sniff a DU troll.
21 posted on 07/10/2002 11:53:15 AM PDT by Recovering_Democrat
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To: Dog
Yep. First thing you see on the AOL front page is this story. Amazing how none of the Clinton lawsuits got this much coverage.
22 posted on 07/10/2002 11:55:10 AM PDT by My Favorite Headache
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To: Recovering_Democrat
You are the second person on this site to say "DU" whatever that is!?
23 posted on 07/10/2002 11:55:24 AM PDT by CecilRhodesGhost
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To: Recovering_Democrat
CBS makes it sound like Cheney was indicted by a grand jury: Veep accused of accounting fraud
24 posted on 07/10/2002 12:01:01 PM PDT by Admin Moderator
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To: toupsie
Hmmm, I just did a FR search for "Judicial Watch Clinton" in hopes of finding a post from Reuters or AP or anything (other than NewsMax) that discussed a JW case against Clinton.

Guess what? I didn't find a single post that was from a "mainstream" news organization. Seems like they pretty much IGNORED Judicial Watch when it dealt with Klinton, but now look at the press JW is getting. Biased indeed.
25 posted on 07/10/2002 12:03:54 PM PDT by craig_eddy
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To: Admin Moderator
"To look the other way for the vice president would be to set a precedent that the Washington elite are above the law," said Klayman, arguing his case that Cheney and Halliburton were in the wrong.

Where to begin with this line (from the CBS report).

26 posted on 07/10/2002 12:05:46 PM PDT by facedown
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To: Admin Moderator; Recovering_Democrat; My Favorite Headache
Klayman can't quite catch that golden ambulance...


27 posted on 07/10/2002 12:06:26 PM PDT by Dog
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Comment #28 Removed by Moderator

To: bybybill
"Has Klayman ever won in a real court?"

I think he won the one against his mother.
29 posted on 07/10/2002 12:10:49 PM PDT by bayourod
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Comment #30 Removed by Moderator

To: Dog
Roflmao, That about sums up Larry Klayman
31 posted on 07/10/2002 12:14:49 PM PDT by MJY1288
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To: bybybill
"Has Klayman ever won in a real court? "

I don't even think that Klayman has even won on a tennis court.

32 posted on 07/10/2002 12:16:38 PM PDT by Hillary's Lovely Legs
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To: Sigurd
Clearly, cost over-runs on construction projects cannot be realized until approved by the client. Perhaps there is some contract language allowing this, but without a clients pre-approval, it seems at least risky and likely fraudulent.

The JW suit claims just that. I just read the JW briefs on the other thread and am reserving judgement until I get some legal and GAAP opinions from those in the know.

33 posted on 07/10/2002 12:19:34 PM PDT by LisaFab
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Comment #34 Removed by Moderator

To: Dog
ROFLOL!!!
35 posted on 07/10/2002 12:21:06 PM PDT by kcvl
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To: toupsie
When I was scanning the wires, I noticed something interesting. When Judicial Watch went after the Clinton, they were called a "right-wing group". Now that JW is going after Cheney, they are now listed as a "public interest group". Sometimes, the media can't help but show its bias.

Exactly - caught my ear on the CBS Radio News today.

36 posted on 07/10/2002 12:24:19 PM PDT by Senator Pardek
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To: SierraWasp
I like super-sillyous. I missed the joke the first time and was thinking you misspelled supercilious.
37 posted on 07/10/2002 12:29:53 PM PDT by Eva
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To: CecilRhodesGhost
You are the second person on this site to say "DU" whatever that is!?

Yep.

38 posted on 07/10/2002 12:35:43 PM PDT by Recovering_Democrat
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To: one_particular_harbour
I just skimmed the JW complaint. Larry's gonna get his peepee slapped off.

I have to agree with you, counselor.

39 posted on 07/10/2002 12:37:21 PM PDT by NeoCaveman
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To: Phantom Lord
Right. Larry hasn't won one in a while.
40 posted on 07/10/2002 12:37:59 PM PDT by Eric in the Ozarks
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To: Right_in_Virginia; Ernest_at_the_Beach; dalereed; Carry_Okie; editor-surveyor; Dog Gone; ...
"Isn't there some kind of law against filing frivolous lawsuits...."

Yes there is... However, here in CA when a Bay Area Judge threw out the unteenth vexacious lawsuit by a militant suer, she sued the judge!!! Even "SLAP" suits are allowed from time to time by some liberal judges! It's a mess!!!

Environmental lowyers get attorney's fees just for filing a suit, win, lose, or Monty Hall!!!

41 posted on 07/10/2002 12:40:24 PM PDT by SierraWasp
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To: toupsie
When I was scanning the wires, I noticed something interesting. When Judicial Watch went after the Clinton, they were called a "right-wing group". Now that JW is going after Cheney, they are now listed as a "public interest group". Sometimes, the media can't help but show its bias.

Simple explanation: Judicial Watch initially only sued Democrats. Now Judicial Watch is much more bipartisan.

42 posted on 07/10/2002 12:45:04 PM PDT by ProudAmerican2
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To: Recovering_Democrat; CecilRhodesGhost; Admin Moderator
I went back and read Reply #5 and could NOT see anything that had the slightest whiff of DU! What were you calling the Hall Monitor for? Please don't be so cryptic and explain. Thanks. (that's right, ya gotta draw me a picture!)
43 posted on 07/10/2002 12:46:41 PM PDT by SierraWasp
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To: Phantom Lord
In the Texas courts there is some hope. If you file a frivoulous lawsuit and lose you have to pay the legal fees of the other party. I'm not sure if this applies to Federal cases, but if it can apply, Larry K may have a big surprise if his 0-3,000 record continues.
44 posted on 07/10/2002 1:00:44 PM PDT by q_an_a
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To: CecilRhodesGhost
Why, you ask? There are plenty of forces that desperately want to bring this country down. Some might use airplanes as missiles. Others might use finance or the legal system as a weapon. And there are plenty of "fellow Americans," like Klayman, who wittingly or unwittingly fill the role of useful idiots in the deadly "cut the giant" game. A death by a thousand cuts from multiple directions is just as final as one from a single source.
45 posted on 07/10/2002 1:04:05 PM PDT by Wolfstar
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To: SierraWasp
Judicial Watch is a joke and always has been, but also Cheney is a crook and always has been.
46 posted on 07/10/2002 1:05:33 PM PDT by tejasslim
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To: one_particular_harbour
Pretty slim pickin's. Despite all the boilerplate flash, it seems to be based on a New York Times article.
47 posted on 07/10/2002 1:10:42 PM PDT by Catspaw
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To: Dog
Halliburton called the claims in the suit, "untrue, unsupported, and unfounded."

Wow, who would have EVER thought it, huh?

48 posted on 07/10/2002 1:19:05 PM PDT by Howlin
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To: Dog
is Larry a fruitcake or what? Last year he sued too! July 17th, any word on that one? LOL
49 posted on 07/10/2002 1:20:15 PM PDT by TLBSHOW
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To: dead
ROFLMAO. This case WILL be dismissed.

Larry Klayman may very well rue the day he decided to take on Dick Cheney; Cheney IS a player; Klayman is a wannabe.

50 posted on 07/10/2002 1:20:40 PM PDT by Howlin
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