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wtf? this guy says M. Moore owns stock in Halliburton???

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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:05 PM
Original message
wtf? this guy says M. Moore owns stock in Halliburton???
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:05 PM
Response to Original message
1. Maybe he's mounting a hostile takeover.
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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:07 PM
Response to Reply #1
2. hmmm, I've actually heard of people buying stock in companies
that they hate cuz they get the inside info and can attend stockholders meetings ....
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:09 PM
Response to Reply #2
5. BINGO
And if you get a request for contributions for a GOP candidate, consider giving $5. It will actually cost them more in bookkeeping and reporting costs AND will get you on all sorts of interesting mailing lists. You can fight them better if they think you are on their team and the give you info ;)
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MnFats Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:25 PM
Response to Reply #5
16. yeah. somehow i don't see moore buying haliburton to cash in..
....on the gravy train. but that will be the spin, I'll bet.
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calimary Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:30 AM
Response to Reply #5
31. That's quite true.
Edited on Sat Nov-05-05 10:32 AM by calimary
Sometimes it's intriguing to get on the inside. If I did it, I might consider giving ONE dollar. And if you do, NEVER put postage on it. ALWAYS make them pay their own (especially those that note how you can help them save money and stretch their dollars further if you pay for the postage yourself).

Remember kkkarl did that once when he was younger, posed as one of the good guys to get in with some local Democratic race. That, then, positioned him to be able to steal some of their stationery and used their letterhead to put out a flyer to some college event, advertizing lots of free beer, food, and women. It made the candidate look bad, brought lots of undesirable publicity, and undesirables to the event - who then got mad because there was nothing there as promised in the flyer, so they became even more rabid opponents, etc.

I know some anti-choicers who subscribe to Planned Parenthood and NARAL stuff just so they can pack the postage-paid donation envelopes with a lot of their junk mail, to cost those campaigns more expenses. So, turnabout is fair play, 'eh? Sauce for the goose...

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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 06:25 PM
Response to Reply #31
36. When they send postage paid envelopes, I sometime send
bumper stickers back to them :evilgrin:
My fav was the "Somebody ELSE for President" sent to bush/cheney
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 11:58 AM
Response to Reply #36
43. I load those envelpopes with non-recyclable, garbage , or rocks
Edited on Sun Nov-06-05 11:59 AM by sheeptramp
Coupla years ago, I had a big box of RNC literature sent to me Fed-Ex , when I pretended to be a highschool debate team coach, desiring to share "patriotic talking points' for pre-election debate exercises.

It cost thre RNC 80 some bucks to overnight that box to me.
I sent a lot of Oregon Basalt back to them in those hundred or so, post-paid envelopes.
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:46 AM
Response to Reply #5
34. why $5 and not .01 or $1?
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 06:26 PM
Response to Reply #34
37. I believe $5 is the low amount for what they have to report to FEC
and that would cost them more than a smaller contribution that doesn't get reported.
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 11:48 AM
Response to Reply #37
41. that makes sense. thanks.
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No Exit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:21 PM
Response to Reply #2
14. Thank you!
I was gonna point that out, but you guys are way ahead of me.

I know someone who was mad at a company, and bought shares for the express purpose of going to stockholders' meetings and for considering a shareholder derivative action.

Thank you for pointing this out. Things are not always what they appear to be--especially when it's rightwingnuts whispering it in our ear.
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Totally Committed Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:25 AM
Response to Reply #2
30. Didn't he advocate this in one of his books?
If I remember correctly, he says you have to own stock in a company to go into a stockholders meeting. And, the more stock you own, the bigger stink you can make about their policies. I think it was Mike who wrote about this. I believe he is definitely trying to get into the meetings this way, and either have a say, or record what goes on in these shareholder meetings.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 03:27 PM
Response to Reply #30
45. Owning stock will get you the right to make a stink
at the shareholders meeting.

The number does not matter.

A company may have 40 million shares outstanding. Whether you own one share or 2,000 shares makes no difference. it is a bip either way.

If you own 3 million shares, then it makes a difference.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:07 PM
Response to Reply #1
4. Maybe the stock gets him into shareholder meetings.
Maybe he saw a chance for a profit.

Who knows?

Who cares?
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Lubernaut Donating Member (614 posts) Send PM | Profile | Ignore Fri Nov-04-05 10:11 PM
Response to Reply #4
8. Maybe the whole story is BS...
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Wilms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:43 PM
Response to Reply #8
18. Or confusion...


Diebold names Moore vice president, corporate controller

• 02 November 2005

NORTH CANTON, Ohio Diebold Inc. has named Michael R. Moore vice president and corporate controller. According to a news release, Moore had previously filled this role on an interim basis.

Moore has held various management-level finance positions within the company, including director of corporate planning and analysis, financial controller for Diebold International and chief financial officer of Diebold's operation in Brazil.

Moore will be responsible for the company's global accounting functions, financial reporting and internal financial control infrastructure.

"Mike's skills, thorough knowledge of our global internal processes and strong leadership abilities will help strengthen our most critical financial operations," said Kevin J. Krakora, Diebold's vice president and chief financial officer.

http://atmmarketplace.com/news_story.htm?i=24392

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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:30 AM
Response to Reply #8
32. given the source of the story, WorldNetDaily, I would guess you are right.
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calimary Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:36 AM
Response to Reply #4
33. Yeah, but if someone like Michael Moore might get a profit from this,
imagine what someone like Michael Moore could turn around and DO with those profits?

:evilgrin:

Besides, the more stock you own in a company, the more clout you DO have, plus, what's to stop you from maybe trying some sort of takeover if it ever gets to that point? I have a fantasy about buying stock in rupert murdoch's newscorp or something, and just keep on buying it and keep on buying it until I have so much that I become able to maneuver into being a majority stockholder. Then, guess what I get to do to rupert, and to the programming at Pox "news"? Just a fantasy, I know. But a fun one nonetheless!

:evilgrin: :evilgrin: :evilgrin:
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snowbear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:18 PM
Response to Reply #1
12. LOL.... too funny Skink!
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shenmue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:07 PM
Response to Original message
3. Horsefeathers
That's got to be bunk.

:grr:

:dunce:

:wtf:
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mcscajun Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:10 PM
Response to Reply #3
7. I'd buy it, along the lines mentioned upthread.
Edited on Fri Nov-04-05 10:10 PM by mcscajun
Know your enemy...buy ONE share of stock and rabble-rouse at the stockholders meetings. :)

It just may be that's the way Michael Moore owns Halliburton, if indeed it it true at all.
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tabasco Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:09 PM
Response to Original message
6. So does Dick Cheney. The difference is Cheney lied about it.
Edited on Fri Nov-04-05 10:10 PM by tabasco
Cheney told the American people on Meet The Press, during the first Bu$h campaign, that he had "severed all financial ties with the company." Cheney has made over $8 million on Halliburton stock since the Iraq war began.

I don't give a shit what private people invest in. I'm a little more concerned about lying, war-profiteering public officials. But freepers seem to be more concerned about big boogeyman M. Moore. Idiots.

edit typo
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 03:29 PM
Response to Reply #6
46. I may be wrong, but
I think Cheney owns stock options at HAL which is much different from stocks.

The biggest difference is that a stock option cannot be sold or bought.
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5X Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:11 PM
Response to Original message
9. Give me a break, I would certainly need more than this guys..
word for it.
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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:13 PM
Response to Original message
10. Good for him.. I hope Halliburton is making him money.
The ultimate irony... using funds from those we despise to help us fight those we dispise....

MZr7
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:10 AM
Response to Reply #10
27. You bring up an interesting point. His owning stock in Halliburton doesn't
make them money. In fact, they would be paying him dividends. Effectively, Halliburton would be "donating" money to Michael Moore. Now THAT's funny.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:16 PM
Response to Original message
11. Whoopty ding, everybody with life insurance probably does
Edited on Fri Nov-04-05 10:17 PM by high density
in an indirect way.
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SCRUBDASHRUB Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:21 PM
Response to Reply #11
13. Has anyone emailed Michael Moore's website about this?
I'm going to in order that he may set the record straight. I didn't see anything on Moore's website addressing this.
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sepia_steel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 11:22 PM
Response to Reply #13
20. I emailed him last night.
No reply thus far.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 03:30 PM
Response to Reply #11
47. Confused?
I own life insurance. How does that get me HAL stock?
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DemoTex Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:23 PM
Response to Original message
15. I own Exxon-Mobile stock.
Am I happy about it? HELL NO! But my US Airways pilots pension plan was cancelled on 3/31/2003. I have to play with the devil from time to time.


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AntiCoup2K4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 10:36 PM
Response to Original message
17. Supposedly he also owns stock in pharmaceutical companies
Of course, Michael Moore fans know that he's been working on a film called "Sicko" about the health care industries. It could be argued that owning stock in pharma companies would be a great way of accessing information about the companies readily available to shareholders, but not to the general public. If that were true, I would call it smart journalism, which is something the FAUX fan Freepers know nothing about.

On the other hand, only NewsHax, World Nutcase Daily and Freep Blogs seem to be carrying the story, so that indicates it's probably bullshit. If there were something to this, the whores would smell the blood in the water and be all over Moore like Junior on a line of Colombia's finest.
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-05 11:18 PM
Response to Reply #17
19. I think you're right.
I believe that a shareholder of a public company has the right to request access to the books of the company. The company will make it difficult but I think it can be done. Very smart on Moore's part.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 02:13 AM
Response to Reply #19
21. Lots of questionable info on this thread
I'm a stock broker and I own many stocks.

No one has ever sent me inside information on a company because I owned the stock.

Also, corporations must file their financials each year and they are public information in considerable detail. You can look inside the books of a company whether you are a stockholder or not.

Being a stockholder does entitle you to a seat at the stockholders' meetings. And it is not unheard of for a protestor to buy one share of stock with the intent purpose of speaking at the stockholders' meeting.

If Moore owns 2,000 shares, that sounds to me like an ivestment rather than a protest.

I don't care what he owns, and I sure don't have anything against people owning stock, but this fishing around for explanations is pretty pathetic sounding.

My own guess is that he probably has a guy who handles his investments for him, and he probably doesn't have a clue what he does or doesn't own. He probably calls his guy when he needs money and that's about the extent of his involvement in his own financial affairs. Just my own guess of course.
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lynne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 06:45 AM
Response to Original message
22. This seems to be coming from a new book -
Edited on Sat Nov-05-05 06:45 AM by lynne
- "Do As I Say (Not As I Do): Profiles in Liberal Hypocrisy," by Peter Schweizer, based on what I could find online.

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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:10 AM
Response to Reply #22
28. I saw that book. Pathetic
Those freaks need to clean out their own house. They apparently can't even see conservative hypocrisy.

To them, a liberal hypocrite is someone who doesn't pay 100% of their income in taxes.
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Craig3410 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 06:54 PM
Response to Reply #22
39. Probably.
They've got that book at my university's bookstore.

It's about 280 pages; it could have been 2800 if they'd focused on conservative hypocrisy.

It's typical RW dreck.
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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 07:16 AM
Response to Original message
23. Two word explanation: Mutual Funds
Anyone with even a tiny amount of $ invested in mutual funds has "stock" in despicable companies like Halliburton.

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AngryAmish Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 08:40 AM
Response to Reply #23
24. good answer
However I don't like Mike Moore. Everyone I know (and respect) that has had dealings with him call him an asshole. So will I in the transitive sense.
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:08 AM
Response to Reply #23
25. That is true, particularly with index funds.
If he owns an S&P 500 index fund, he "owns" stock in Halliburton, Pfizer, Walmart, Exxon Mobile, and all kinds of other scum like that.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 03:24 PM
Response to Reply #23
44. Suposedly the info comes from
tax returns, so if Moore reported dividends from Haliburton on his tax returns, it could not be from mutual funds as mutual fund dividends are reported by fund, not by underlying stock within the fund.

Also, if you own Haliburton within a mutual fund you would own a slightly different amount every day. For instance you could own 2.67543 shares on Monday and 2.67539 shares on Tuesday if that could even be figured for you.

You would not own 2,000 shares of Haliburton in a mutual fund, ever.

Does he own 2,000 shares of HAL like the book charges?

I don't know or care, but if he does, it is not because of a mutual fund.
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:09 AM
Response to Original message
26. Its a solid investment
Especially for those who had stock before the war...
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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:19 AM
Response to Original message
29. World Net Daily... now that's a reliable source
:sarcasm:

Out to check where links embedded in blogs come from before getting too excited.
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 10:46 AM
Response to Original message
35. in fact we should all start buying stock in media companies
so that we can get them to become objective again.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-05 06:28 PM
Response to Reply #35
38. Not a bad idea
now, if I just had a mess o' $$
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 11:48 AM
Response to Reply #38
40. what would happen if each of us left leaning folks
bought 100 to 1000 shares in companies like times warner?
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 03:47 PM
Response to Reply #40
48. Things would change. Share holder use paper ballots don't they?
I really think we are the majority. If we weren't, the right wouldn't have to own the media and program the vote counting machines.
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-05 12:42 AM
Response to Reply #48
50. i think shareholder's use paper ballots
i'm going to look at some of the media stock.

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ray of light Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 11:57 AM
Response to Original message
42. makes no sense.
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Zen Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-05 05:43 PM
Response to Original message
49. If you own stock, you can attend the stockholders meetings.
I would imagine that if Michael Moore owns Halliburton stock, it is just for this reason. It gets him in the door before they close it to the outside world.

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