Thursday, August 12, 2004

Helliburton

Good Lord, Halliburton again... From the LA Times today:


Pentagon auditors have found that Halliburton Co. cannot properly document more than $1.8 billion worth of work done under its contracts in Iraq and Kuwait, Army officials said Wednesday.

More than $1.8 BILLION dollars. I mean, not being able to account for a few thousand is bad, a few million should be definitely raising eyebrows, but Halliburton can't account for over $1.8 billion? At the risk of sounding like a broken record, but this is $1.8 billion dollars (italics added for emphasis) for which Halliburton cannot come up with a legitimate reason for having charged the United States Army. Do they just shrug their collective shoulders and say, "Gosh, fellas, sorry! We just, gosh, we have NO IDEA how this could have happened..."? This after already having to pay the SEC for accounting fraud, and their already documented problems with a Halliburton subsidiary caught overcharging in Iraq (which only accounted for a few hundred million). And this latest isn't even barely newsworthy?

My question is, when are they just going to start writing their name with an "e" instead of an "a" and make their image as an almost fictional corporation in a bad conspiracy-theory movie about the military-industrial complex complete?

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