Cheney says will donate any stock option profits to charity (Halliburton),

if that is true (yeah, I know :eyes:), why doesn't he just go ahead and
make the transaction now so those "charities" can benefit? Since he isn't going to make any profit no matter when (yeah, I know :eyes:) it
takes place, why make them wait?
(yeah, I know :eyes:)
:grr:

to double-check behind him.

For him to break even is an enormous gain for Halliburton from 2000 to 2003...so what is PROFIT????

Of course the options could be worthless (underwater) by then.

thanks

http://www.cnn.com/2000/ALLPOLITICS/stories/09/12/campaign.cheney.halliburton.reut/

The 2008 date was off the top of my head, I think I read it on another thread here.

at 12/31/02, with a weighted average exercise price of $32.10. Of this,
12.5 million were exercisable (vested) with a weighted avg price of $34.98 per share. Vesting under the various plans is 3-10 years.

Halliburton's contract in Iraq, way back in May or so. He said people were overstating the situation, since Halliburton's contract was only for 200k-500k... or something like that. Seemed like a nominal amount.

THEN it came out that there would additional no-bid contracts, and that the contract he'd referenced wasn't even capped at the amount he'd stated. Now we've handed them- what? Over a billion now, correct?

http://www.newsmax.com/archives/articles/2001/6/24/80648.shtml

Halliburton was doing biz with Iraq while Cheney was running it.
hmmmmmm

See, Saddam was bad (very bad) when he was gassing his own people. But he was okey-dokey when he was buying arms from Rumsfeld. He was back to being bad when his troops were dumping preemies from incubators (whether that happened or not, and it didn't, it was very, very bad). But Saddam was Amurka's bestest buddy when he was turning millions of dollars over to Halliburton and its subsidiaries.

But he was back to being bad in September 2002, and he's still bad now.

and the American public is stupid.. ya right! Nice try Dick, you're under fire and you think the easiest way to slither away by saying you'll donate your share of Halliburton to charity. Dump the shares Dick, be a man and dump the shares!

His tax return for 1999 was reprehensible. He doesn't give shit to charity.

You know, that 'distributed severence' that pays you a couple million a year for the next 5-10 years?

How about donating that one to charity?

Greedy, lying sack of sh*t...

Hold on a second! Didn't Crash Cart say that he had no financial interest in Halliburton a couple of weeks ago while Timmy was giving him a full-hour "interview" (with release) on Meet the Press??? How can he donate any "profits" from a company in which he has no financial interest?

We had an independent prosecutor appointed to investigate the Clintons' loss of $40,000 in a land speculation deal 12 years before Bill took office. What more need is there for a prosecutor to investigate the current earnings and entitlements of the vice president whose administration is awarding no-bid contracts to a firm that he's supposed to be divested from?

Is that day-old carp I smell?

eirie ain't it? got it from yahoo news.

Bill O'Reilly Out on the town.

http://releases.usnewswire.com/GetRelease.asp?id=152-10142003

(snip)
The vice president also holds 433,333 in unexercised Halliburton stock options. He has the option to buy 100,000 shares at $54.50 by the end of 2007, 33,333 shares at $28.13 by the end of 2007, and 100,000 shares at $39.50 by the end of 2009, data compiled by Lautenberg shows.

Halliburton stock closed on the Big Board yesterday at $24.38 a share.

For Cheney to cash in on his options, Halliburton's stock would have to climb to above those strike prices.

During an appearance on NBC's "Meet the Press" last month, Cheney emphatically denied that he had any financial interest in Halliburton.

"Since I left Halliburton to become George Bush' vice president, I've severed all my ties with the company, gotten rid of all my financial interest."

He argues that he plans to donate his stock options to charity if they become valuable. He has also taken out an insurance policy that guarantees that he will receive his deferred compensation even if the company goes out of business.

However, a Congressional Research Service (CRS) report requested by Senate Democrats contradicted the vice president.

CRS concluded that unexercised stock option in a private corporation, as well as deferred salary received from a private corporation were "retained ties" or "linkages" to a former employer and should be reported as "financial interests."

So now he has every incentive for it to go way up, it would seem.

he will be donating it to The Human Fund (Seinfeld classic)