Halliburton Accused of Wasting Tax Money: AP

[Bhaisahab]

"Highlighting their campaign against Vice President Dick Cheney (news - web sites)'s former company, Democratic lawmakers say two former Halliburton employees have evidence the company routinely wasted U.S. taxpayers' money.

While one ex-employee asked that his name not be disclosed, a second, Henry Bunting, agreed to testify Friday before the Senate Democratic Policy Committee — an organization of Democratic senators."

http://story.news.yahoo.com/news?tmpl=story&cid=544&e=5&u=/ap/20040213/ap_on_go_pr_wh/halliburton_whistleblowers

on edit: (from the same story)

"Bunting and the unidentified whistleblower contend:

_Top Halliburton officials frequently told employees that high prices charged by vendors were not a problem because the U.S. government would reimburse the costs and then pay the company an additional fee.

_Higher than necessary prices were paid for ordinary vehicles, leased for $7,500 a month, and for furniture and cellular telephone service.

_Halliburton tried to keep as many purchase orders as possible below $2,500 so its buyers could avoid the requirement to solicit quotes from more than one vendor.

_Supervisers provided buyers with a list of preferred Kuwaiti vendors, including companies that charged excessive prices. Buyers were not encouraged to identify alternative vendors."

[RC]

1. Too bad all that money Halliburton is raking in

cannot be traced back to who is getting it. Who is profiting from Halliburton defrauding the government? Who besides Cheney that is.

[The Backlash Cometh]

2. Why do you think CEO's and board of directors are so handsomely

rewarded with large bonus packages? It's beginning to sound like a money laundering scheme.