Ned Lamont scandal. He owns Halliburton stock!!!!

[killerbush]

According to an AP story, via political wire, Ned Lamont is worth between 90-300 million dollars. His wife is a venture capitalist. But here is an interesting little tidbit. Lamont owns between $15,001 and $50,000 bucks worth of Halliburton stock. Halliburton is up to its eyes in trouble and Dick Cheney still has his fortune in. Hey Ned, you going to keep the money, and line your pockets with it?? Cheney and Lamont, what a combo.


http://www.politicalwire.com/

[KingFlorez]

1. I knew something was wrong with him

Does Lieberman own Halliburton stock? I don't think so. This guy would probably switch to Repuke if he ever got to the Senate.

[LiviaOlivia]

69. But would he...

Is that tongue?

http://mywebpages.comcast.net.nyud.net:8090/duncanblack/kissbl.jpg

[SOS]

77. Lieberman owns Halliburton stock!! Big, big scandal!!

In Lieberman's latest financial disclosure, filed in 2005, he lists Victory Diversified Stock Fund as an asset.

http://www.opensecrets.org/pfds/pfd2004/N00000616_2004.pdf

See line 23.

And what is Victory Diversified Stock Fund's #1 holding?

Halliburton.

http://finance.yahoo.com/q/hl?s=GRINX

:rofl:

[CTyankee]

79. Nope, this guy ain't no repuke. His grandpa was a socialist

This is one of those families born to wealth but realize the inequities in our capitalist system. They are decent people, but rich. Compared to some of the outstanding repub. assholes in Greenwich, the Lamont's are saints, believe me (I used to raise money there, OMFG).

[Zynx]

84. If Lieberman owns an S&P 500 mutual fund, which he probably does,

then the answer is yes.

[Hawkeye-X]

2. So what?

Ned Lamont owns 12K to 50K worth of Halliburton stock? Big fucking whoop. That's what, 500-700 shares? Cheney has over 50,000 shares.

[Jane Austin]

3. I hope he uses his profits to run a superb and well-financed

campaign for the Senate!

[napi21]

4. As a bit of a defense for Ned, $50,000 of $90 Million is less than 1/2%.

And that's taking the high est. on the Hallburton stock owned and the low est of his net worth. Don't you think that's pushing the envelope a little too far?

[Caution]

5. OH MY GOD! A rich guy who invests in a company that is having massive

success. What a shocker!!!! $50,000! wow gee what a massive sum for a man worth $90 million. Gimme a break. It's quite possiblehe wasn't even aware he owned it since most extremely wealthy people have their investments managed by someone else. I personally have had 80% of my 401k in the energy sector since Bush took office. I guess that makes me just like Dick Cheney eh?

I guess you'd rather have Lieberman?

[BillZBubb]

6. Wow, let's all back Lieberman then!

Lamont - a small portion of his wealth in Halliburton stock.
Lieberman - a Bush ass-licking shill for the invasion and occupation of Iraq.

Yeah, that's a real tough choice. I hope you were being sarcastic about Lamont, if not, you are pathetic.

[Kikosexy2]

7. Lamont or

Lieberman? I'll still take Ned and worry about Halliburton later...Just as long Ned does not turn Holy Joe on on us, we'll be fine.

[bdamomma]

95. I would still choose Lamont also

Lieberman has made enough money, he can find another job. Let's get some fresh blood in the Congress.

[Caution]

8. Gee, does the OP have an axe to grind here?

From his blog at http://diaryofamisunderstoodgenius.blogspot.com/
which is linked in his DU profile.

Lieberman up big on Lamont
<snip>
This is great news for all Lieberman supporters like myself because the liberal blogs that cover politics, have for some reason decided not to announce Joe's big lead. They are uncomfortable in the fact that they are backing a loser in Lamont. The only reason why Lamont got into the race in the first place is because of the left's vile hatred for Lieberman, and the fact that's he supports the war in Iraq.
<snip>

No problem with Lieberman's support of the war in Iraq but a problem with Lamont's ownership of a miniscule amount of Halliburton stock.

[Name removed]

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[Name removed]

16. Deleted message

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[Caution]

20. Who said I was giving him a pass?

I posted that I thought this particular issue was a small issue. It certainly is not a big scandal. Lieberman continuing to support the war is a problem, but I don't think he is a DINO. He votes the liberal side about 85% of the time. That's a decent record. He's made some seriously stupid statements recently and is pandering to conservatives now that the left is abandoning him (and the more he panders the more support he is going to lose). This does not strike me as particularly principled but I don't follow Lieberman particularly closely. However, if a Lieberman supporter is going to use a small amount of Halliburton stock as a wedge when their candidate supports the war that is the very reason that any of us even know what Halliburton does I really have to question it.

[movonne]

21. Maybe you find Lieberman better than Lamont...after all is lips

are in a pucker every time he is around bush..if that is the scandal, what would you call Lieberman following bush around like a puppy waiting for the crumbs...but I really think you just wanted to see everyone's reaction to your comment...You really love Lamont..

[CTLawGuy]

47. why do you like Sean Hannity's favorite dem so much

and why did he break his promise to appear on hannity's show once a month.

[killerbush]

53. Would you want to appear on Hannity's show ever??

[CTLawGuy]

74. are you going to one of Hannity's Conservatives for Lieberman fundraisers?

?

I wouldn't want to ever go on Hannity's show, but Lieberman used to do it about once a month until Lamont showed up.

------------
SEAN HANNITY RADIO SHOW, FEBRUARY 10, 2006
HANNITY: He's agreed to do this program once a month, we hold him to it, he's keeping his pledge, Sen. Joe Lieberman of Connecticut is with us. How are you, Senator?

LIEBERMAN: Sean, I'm great, how are you doing?

HANNITY: I'm good. Now listen, before we get into all the stuff that we need to talk about, there's a lot of news here. I need to know, yes or no, do you want my public support, do you want my endorsement, do you think that hurts your re-election efforts, do you want me to come out in opposition of you, I want to do what's in your best interests, you gotta tell me what you want me to do.

LIEBERMAN: Yeah. Well, you know, it's good of you to ask me in private like this. (Laughter)

HANNITY: (Laughter) I'm thinking... I'm thinking Hannity Conservatives for Lieberman and I'll do a big fundraiser in Connecticut.

LIEBERMAN: Yeah, yeah. Let me just say, I appreciate your friendship, and I appreciate your support. Really.

HANNITY: So you want my endorsement?

LIEBERMAN: What can I... if you support me... Look, I've always gotten elected by people from all parties. Now if there's a Democratic primary against me, which there might be, I might ask you to come in and endorse my opponent. (Laughter)


http://www.myleftnutmeg.com/showDiary.do;jsessionid=497B7CE8F00C4FD4227C4FD77C08169F?diaryId=407

[JerseygirlCT]

49. Maybe because people KNOW what they're getting in Lieberman

a Bush-kissing, Iraq-war-loving, namby-pamby, fence-sitting guy who is far more interested in what CT can do for him than what he can do for CT.

[jonnyblitz]

93. you left out "chickenhawk".

:hi:

[Commie Pinko Dirtbag]

51. "The left's vile hatred".. now where do I usually find such constructs? nt

[Norquist Nemesis]

9. *GASP* Oh no! He needs to be tossed!

Smells like something rotten with this piece. First of all, $15K to $50K is a pretty big spread. Second, it's chump-change for a big investor. And third, so what? Use that Halliburton money to elect Democrats!!

But, I'm not voting in CT.

[killerbush]

11. BIG BIG BIG LAMONT SCANDAL!!!!!!

[formercia]

14. My biggest concern is how much he's worth.

It's difficult voting against your own self-interest, although many who voted for Fearless Leader did just that.

[Hippo_Tron]

86. Look at Jon Corzine

He got elected because he had the money to do so and had one of the most liberal voting records in the senate.

[Mist]

15. "Big! Big! Big!" NOT. nt

[Name removed]

25. Deleted message

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[wiley]

43. Very Productive Post

Not. How much time, energy, money and focus did Lieberman waste the Dems running for President in 2004? And voting for the Terri Schiavo fiasco? Or the IWR? I wonder who is starting this crap. Sounds like we'll have another Pyrric primary victory for the dems.

[Commie Pinko Dirtbag]

50. Yo!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x1239940

Not enough sushi, I guess.

[TankLV]

61. Only in your little dreams, honey. GO Ned GO!

FUCK HOLY JOE!

[Arugula Latte]

70. OMG!!! This is HUGH!!11!!111!!!1!

. . . Not

[Zynx]

82. If you own an S&P 500 mutual fund, you do too.

Or a Wilshire 5000 Index Fund, or a large cap value fund.

[NYCGirl]

12. The original article does not refer to a "scandal". Only you do:

The Big Question for Lieberman

Ned Lamont's blogosphere-fueled primary challenge to Sen. Joseph Lieberman (D-CT) has made national headlines and raised some money as well. But the still unanswered question is: "How much is Lamont willing to spend of his own fortune."

He has the resources to make Lieberman take notice. The AP reports Lamont is worth between $90 million and $300 million, according to financial disclosure forms.

Interesting item: One of Lamont's holdings is in Halliburton stock.

[AX10]

13. Just sell the stock and be done with them.

[LynneSin]

97. Why should he have to sell the stock?

In that case Lamont ought to sell all of his stock just because there could be feasible potential that somehow Lamont could be tainted from ownership of even just a smudgen of stock in any corportation.

Here's the scoop - Lamont is worth between $100-$300mil, for math purposes I'll value him halfway at $200mil

0.025% of Lamont's wealth comes from Haliburton stock

Seriously - keep the stock - it's no sweat off our back

[Pirate Smile]

17. LOL

[JPZenger]

18. If you own mutual funds, you probably own Halliburton too

If you own any mutual funds, such as in a pension fund or IRA, you probably own Halliburton stock too, as well as Exxon, GE and many other companies.

If this guy had a large percentage of his wealth in Halliburton, then it might be worth attention. But less than 1/2 of one percent of his worth isn't an issue.

[Pirate Smile]

19. I know. That's why I find it humorous to describe it as a scandal.

:)

[skeeters2525]

22. Ned is a GENIUS

Now this is a man we need in the Senate. Anyone that didn't invest in Halliburton is a dope.

We should have invested in Halliburton, Carlye, Bombs, White Sheets and Burnt Crosses, and Gay Porn.

When Reich Wing Warmongers are in charge. The market will skyrocket.

I invested in Lieberman Truth Watch. Haven't seen crap.

[Hippo_Tron]

87. Agreed, they we all should've done the same

Invested in Halliburton and donated the profits to Kerry and the DNC. Talk about how ironic that would've been.

[gratuitous]

23. Lieberman scandal! He won't commit to running as a Democrat

Which isn't terribly surprising, considering his voting record, as well as his kissing record.

[Vinnie From Indy]

24. Is that you Joe?

LOL! What a perfectly laughable attack on Lamont! I didn't read the article, but I was wondering if the piece spells out if the Halliburton stock is part of a fund or is it a stand alone holding. Regardless of that fact, there is alot of ground between 15k and 50k. Why is it so hard to determine a number?

"Halliburton is up to its eyes in trouble and Dick Cheney still has his fortune in."

Having a hard time deciphering this sentence.

"Hey Ned, you going to keep the money, and line your pockets with it?? Cheney and Lamont, what a combo."

Joe, is that you?

[NYCGirl]

26. Here's the ENTIRE article:

The Big Question for Lieberman

Ned Lamont's blogosphere-fueled primary challenge to Sen. Joseph Lieberman (D-CT) has made national headlines and raised some money as well. But the still unanswered question is: "How much is Lamont willing to spend of his own fortune."

He has the resources to make Lieberman take notice. The AP reports Lamont is worth between $90 million and $300 million, according to financial disclosure forms.

Interesting item: One of Lamont's holdings is in Halliburton stock.

[KingFlorez]

27. It's a serious concern

Why should we elect a Democrat with stake in a company that is gouging through the war? At least Joe doesn't own that stock.

[Caution]

28. As opposed to continuing to actually support that war?

Which is worse? Joe's position as a supporter of the war in the US Senate, or Ned Lamont owning a very small amount of stock in a company profiteering on the war?

[TankLV]

62. At least NED doesn't have his head permanently stuck up bush*s ASSHOLE!

Fuck LIEberman!

[KingFlorez]

68. Yeah, right

:eyes:

[CTyankee]

80. And at least Ned and Annie are and have been strong supporters of

Planned Parenthood (way before he announced his run against Joe). Now Joe has made his immortal statement about the "few minutes ride" from a Catholic hospital to a non Catholic hospital for rape victims so they can get Emergency Contraception. That sent a fair number of prochoicers in our state thru the ceiling. Yes, and we recall how he hemmed and hawed on Clarence Thomas before grudgingly voting against him.

Ugh.

[Zynx]

85. Ned Lamont probably lost about $5-10,000,000 in the market last week.

Depending on his allocation. $15,000 to $50,000 does not make him in cahoots at all.

[leesa]

29. He could own Halliburton itself and still be better than GOP Joe.

[wyldwolf]

30. This would be a scandal if it wasn't a "prooogreeesssiiive"

But because Ned is a "prooogreeesssiiive," it's ok.

[nickshepDEM]

31. Who cares? Its a great stock.

The object of playing the market is to make money, not pick and choose stocks on moral or political grounds.

[brentspeak]

34. I have to disagree with you there

Before purchasing a stock, there are moral grounds to consider if the purchaser doesn't want to abet unethical companies. Buying Halliburton stock gives those crooks more cash to continue their looting of the national treasury. The more WalMart stock people buy, the easier it is for Mall-Wart to sustain its American-economy-destroying business.

Nevertheless, I don't think this disqualifies Lamont. I would definitely support him if he beats Lieberman in their state's primary.

[katinmn]

42. sure, if you have no morals

[TankLV]

64. Like LIEberman, right?

Don't need NOBODY to tell me NOT to criticize bunkerboy or the repukes like LIEberman does, all the time!

Fuck "holy" joe!

[brentspeak]

32. Scandal?

[Greyhound]

33. Sounds like the LIEberman camp is beginning to feel the heat

and, as any good re:puke: would, is trying to whip a non-issue up to garner support from the particularly gullible.

[gratuitous]

35. Yeah, I'm thinking that Lieberman's getting scared

As well he should be.

Digby has a terrific post up at his blog about Lieberman and the dissatisfaction the Democratic rank-and-file feel for him. digbysblog.blogspot.com

And notice how our resident Lieberman supporter can't quite find the time in the midst of all the squawking about "scandal" to address the point of why Lieberman won't commit to running as a Democrat? Harry Reid and the Democratic Senatorial campaign agreed to help Lieberman out with his little primary problem if Joe would commit to running as a Democrat only. But Lieberman is trying to fudge on his word, and hasn't ruled out running as an independent if he loses the primary.

I wonder why Lieberman won't commit to running as a Democrat? He'll take party money, but he won't pledge to support the party. Hmmmmm.

[babylonsister]

58. Interesting that he picks on Lamont as a

possible Hal-stock owner. Why not start w/Cheney, dimson, GHWB, and the rest of the repugs, and I'm sure there are many.

[guidod]

36. SO WHAT!!

He probably owns stock in Wal-Mart too. Owning stock in a company has nothing to do with the Government giving them no bid contracts. It's not Halliburtons fault or it's share holders! :think:

[pocket]

37. so we are FUCKED either way

[katinmn]

39. Stock ownership DOES affect votes, as we have seen many times..

There are lots of stocks to choose from. It's a shame he chose the most crooked company in the world to invest in.

I feel uneasy about people making votes regarding the war and future wars while they are holding stock in a company that has won billions in military contracts and abused the prisoners (I mean soldiers).

Well, I can't vote in CT anyway so my opinion doesn't matter. But I wish Lamont would invest in something else.

[Nite Owl]

38. Do you really think

that someone with his net worth actually sits down and decides what stocks to be in? With that much money he has a very well paid advisor that takes care of his portfolio. Even a 1% management fee would support someone real nice.

[GymGeekAus]

40. Do you have a 401K?

Do you know what you invest in?

Someone is trying a really underhanded political tactic here, and people are swallowing it gleefully. Sorry, but many people simply do not have that much interest in their holdings. They put their money in the market that looks best for them.

If we checked into each of your investment portfolios, do you have any idea what we might find? I suggest that Lamont address this issue and divest himself of that stock, but to wiggle a finger at him for it is ridiculous until we hear the response, right?

You guys can do basic math, right? Check out this figure. 50,000/90,000,000 = 5.5555 e-4. Or 0.00055.

More of your tax dollars go to Halliburton than that, on a percentage basis.

[katinmn]

41. One very good thing may come out of this!

How many of our 535 senators and representatives hold Halliburton stock (knowingly or unknowingly)?

That would make an interesting story.

[demswin06]

44. yes Lamont owns some Halliburton stock....

but Joementum is actually owned by the man. Big difference.

[MrBenchley]

45. The Unknown Millionaire.....

By the way, he makes his dough selling security systems to gated communities for the ultra-rich.....

[CTLawGuy]

48. he's known by 33%

of the delegates who voted for him at the convention. HELL YEAH!!!!

[MrBenchley]

73. Wow, that means 67% didn't fall for his crap....

Go figre.

[CTLawGuy]

75. Joe, "im paying for the convention" and "I'm endorsed by the party chair"

Lieberman or his thuggish surrogates couldn't arm-twist 505 brave souls, even though he basically owns the Dem party in all the big cities.

[MrBenchley]

76. Yeah, those blue states are such tyrannies (snicker)....

[CTLawGuy]

89. thats the way things work in CT

(Snicker)

[Ken Burch]

94. A fairly meaningless statement, in any case.

And it's better than how Joe Kennedy made his money.

[IndianaGreen]

46. If he is worth 90-300 million dollars, but only has 15-50K in Halliburton

then he really has nothing in Halliburton.

But thank you for letting us know that Lieberman and his Republican allies will use proxies to salvage Lieberman's Senate seat.

[Robbien]

52. Now that is what I was thinking. $50k out of multi-millions

Halliburton would spit on Lamont before they would listen to him.

[tkmorris]

54. Just checked our 401k

We own Haliburton as well. My wife and I that is. What was your point again?

[benburch]

55. We interrupt this thread for an important announcement!

[Rainscents]

57. BWaaaaaaaaaaaaaaaaaa!!! LOL

Very funny!

[Rainscents]

56. So, what's the point???

:crazy: I have 401K and some of mine is in Halliburton stock and I am very liberal and I hate BUSH and CHENEY!

[killerbush]

59. Apparently it's OK for Neddie to be in cahoots with Cheney

[tkmorris]

60. LOL are you for real?

Several DU'ers on this thread own Haliburton stock in some form or another. My wife and I own it through a Fidelity Blue Chip fund, which is part of our 401k.

Are we all "in cahoots" with Big Dick Cheney? I wish I'd known that sooner, maybe I could have called in a cahoot or two and gotten a seat on that Energy meeting.

[Name removed]

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[The Magistrate]

67. As A Matter Of Curiousity, Sir

Under what legal theory do you propose Sen. Lieberman could be held liable as a war criminal?

[TankLV]

90. For supporting and ENCOURAGING the WAR Criminal bunkerboy himself!

and for criticizing others who dare to criticize this War Criminal.

Illegal, immoral, war of CHOICE based on LIES that has killed THOUSANDS from a country that was not a threat to ANYBODY.

[Zynx]

83. $15,000 of $300,000,000? That's insiginficant.

He probably lost $10,000,000 last week in the market.

[bleedingheart]

63. Tis a drop in the bucket...I do too....via my 401K funds...

I have halliburton stock..

[Name removed]

66. Deleted message

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[grasswire]

71. political wire -- isn't that the site that broke Rather?

Isn't that the web site that was involved in the ruining of Dan Rather?

[Trajan]

72. Joe ? ...

Is that you ????

[Blue_Tires]

101. it has to be

jeez

[GymGeekAus]

78. Lamont is on the primary ballot now.

He got the votes he needed at the convention.

So the DLC tactics we witnessed on this board didn't amount to what they hoped, did they?

[Zynx]

81. Big effin deal. So does anyone with an S&P 500 mutual fund.

[Hippo_Tron]

88. Ned is a fucking genius

Use the war profits profits against the bastards who started the war.

[saltpoint]

91. I've bought scotch tape at WalMart before. Shoot me.

[LynneSin]

98. Please turn in your progressive thinker membership card

the shame!!

[saltpoint]

102. I...I...(weeping & sobbing)...I guess I'll have to.

At least this way I can spend more time with my family.

[Don1]

92. This is an obvious ploy

by the Lieberman campaign to diminish the progressive Democrat support for Lamont. Next thing you know, they'll be saying that Lamont voted 80% of the time with Republicans on some local town committee that isn't really partisan.

[LynneSin]

96. And this is a scandal how?

Owning $50k of Halliburton stock when your wife is a venture capitalist does NOT make it a scandal.

If we analyze every democrat out there you'll find we all own some stock that someone else here on the board will find questionable. Cheney is a former CEO of Halliburton who is making a mint off of a blind trust setup for his halliburton stock. When I man is worth $100-$300million, $50k in a stock company is hardly a drop in the bucket and probably NOT the stock Lamont is getting rich with

[LynneSin]

99. 0.025% of Lamont's wealth comes from Halliburton stock

let me repeat that:

0.025% of Lamont's wealth comes from Halliburton stock

$50K worth of stock

Estimaged average worth of Lamont $200mil.

Breakdown of how much of Lamont's networth comes from Halliburton - 0.025%

How done is this thread for even suggestiong a scandal - VERY

[sendero]

100. Oh wow..

... now I should dump my Fidelity Energy Select shares because they own some Halliburton?

I probably have 0.001% of my net worth tied up in HAL, just like Lamont does. Big Fat Hairy Deal.

[garybeck]

103. Halliburton is "up to its eyes in trouble"???

Last I checked they were raking in our tax dollars and had virtual carte blanche. How exactly are they in trouble?

[Name removed]

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