Associated Press' Steve Quinn: Inside Track for Pulitzer?

[CorpGovActivist]

(sent a short while ago, to my "trusted" MSM distribution list)

For those of you who have missed Steve Quinn's excellent and focused coverage of the planned Halliburton spinoff of KBR (the politically-radioactive unit that causes impeachment nightmares for Dick Cheney): http://www.google.com/search?hl=en&q=quinn+associated+press+kbr+spinoff

In what will go down in American Corporate History as filings without equal for irony, here are yesterday's Halliburton Halloween filings (be sure to pay attention to the exhibits, and not just the main filing, in each case):

1. KBR's latest registration statement: http://www.sec.gov/cgi-bin/browse-edgar?company=kbr&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany

2. Halliburton's latest quarterly report (Form 10-Q): http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=hal&filenum=&State=&SIC=&owner=include&action=getcompany

I have it on *very* good authority that the recent purges/layoffs in KBR's Northern Virginia offices are creating a whole new batch of whistleblowers, whose CYA files would fill many more truckloads than the shredder trucks that recently pulled up at Cheney's official residence: http://www.google.com/search?hl=en&q=cheney+shredder

This is for real, and Steve Quinn has the inside track for a Pulitzer. Kudos, Steve!

- Dave

P.S. It looks like this shareholder lawsuit is going to be necessary after all: http://www.sec.gov/Archives/edgar/data/45012/000126947606000005/kbrtexastwostep.htm

James Addison Baker, III is looking more and more like the GOP Clark Clifford every day, and the desperate attempt to hurry up and spin off KBR is looking more and more like the last straw-clutching we saw with BCCI:

http://en.wikipedia.org/wiki/Bank_of_Credit_and_Commerce_International

http://en.wikipedia.org/wiki/Clark_Clifford

Maybe Mr. Baker should've listened to his grandfather's advice after all: http://www.google.com/search?hl=en&q=james+baker+%22keep+out+of+politics%22

; )

[DoYouEverWonder]

1. It just keeps piling up

What do you think of all these guys pulling out of Iraq all of a sudden?

[CorpGovActivist]

2. Which Guys?

Who do you mean?

- Dave

[DoYouEverWonder]

3. I think I'm mixing my corporate crooks up

It's Bechtel that's pulling out. But I wouldn't be surprised if Halliburton and KBR aren't far behind.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x2541179

[CorpGovActivist]

4. From a Real Live Halliburton Whistleblower

"I notice this paragraph in the KBR IPO plan:

(d) KBR Under No Obligation to Maintain Plans. Except as specified otherwise in this Agreement, nothing in this Agreement shall preclude KBR, at any time, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any KBR Plan, any benefit under any KBR Plan or any trust, insurance policy or funding vehicle related to any KBR Plan (to the extent permitted by law) in accordance with the applicable governing plan documents.

This gives me a real sense of deja vu. They do this whether it is in the agreement or not."
******************************************************

That refers to the pension plans of KBR employees.

- Dave

[CorpGovActivist]

5. The KBR Cut and Run, As I Called It Here:

http://www.sec.gov/Archives/edgar/data/45012/000126947606000012/seekinganinjunctionkbr.htm

- Dave

[IdesOfOctober]

6. Is Steve Quinn planning follow-up coverage?

http://www.google.com/search?hl=en&q=steve+quinn+david+smith+halliburton

Ides

[CorpGovActivist]

8. Yes...

... I believe he is, as are others.

- Dave

[Buttercup McToots]

7. Bump

up

[IdesOfOctober]

9. Set n/t