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"Kerry campaign: Release Cheney's Halliburton testimony"

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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-04 10:07 PM
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"Kerry campaign: Release Cheney's Halliburton testimony"
WASHINGTON (CNN) -- Democratic presidential candidate John Kerry's campaign Wednesday called on the White House to release details of Vice President Dick Cheney's testimony in federal regulators' probe of the accounting practices of the company he once headed.

Oil services giant Halliburton agreed to pay $7.5 million for failing to disclose a change in its accounting practices that occurred in 1998 and 1999, when Cheney was the company's CEO, the Securities and Exchange Commission and the company said Tuesday. Cheney was not charged in the matter.

The accounting change resulted in public statements the SEC called "materially misleading," and boosted the company's reported pre-tax income in one quarter by as much as 46 percent. (Full story)

"The American people already have serious concerns about the Bush-Cheney administration giving Halliburton $7 billion in no-bid Iraq contracts," Kerry campaign spokesman Chad Clanton said in a press release.

http://www.cnn.com/2004/ALLPOLITICS/08/04/kerry.halliburton/index.html
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