Terry Glenn is a cowgirl

Halliburton plans move to Dubai


Critics said Halliburton was favoured by the Bush administration

Halliburton, the oil services company formerly headed by US Vice-President Dick Cheney, is moving its headquarters from Texas to Dubai.


The company said it hoped the move to the United Arab Emirates would help it expand its business in the Middle East.
Halliburton won valuable contracts in Iraq following the US-led invasion of 2003, some of which were awarded without competitive bidding.
The company also has extensive operations in Saudi Arabia.
The oil giant will keep an office in Houston but the posts of chairman, president and chief executive will be based in Dubai.

Chief Executive Dave Lesar, speaking at a conference in Bahrain, confirmed that he would be relocating.
"As the CEO, I'm responsible for the global business of Halliburton in both hemispheres and I will continue to spend quite a bit of time in an airplane as I remain attentive to our customers, shareholders and employees around the world," he said.
"Yes, I will spend the majority of my time in Dubai." In 2006, Halliburton made profits of $2.3bn on revenues of $22.6bn. Last month it announced a 40% decline in fourth-quarter profit.

http://news.bbc.co.uk/1/hi/business/6440365.stm

DarrylS

This has come up before, if you want more of this "great" company favored by this administration and all of the right wing yakkers, might want to check out this site:

http://www.halliburtonwatch.org/

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

DarrylS

Here is the most recent thread on this company:

Hated Halliburton

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

Fogbuster

I thought they already owned Dubai?!! Halliburton bought it with Dick Cheney as co-signer.




Bada-BING!


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wistahpatsfan

Didn't Bush ever say something in a speech about Corporations leaving the US?

DarrylS

Ask Karl, he knows what to say and when they have been said.

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

wistahpatsfan

Found this cool link to help track bills in Congress for those with too much time on their hands. I got up early ahead of the kids, so I was looking up bills that pertain to corporations dodging taxes (legally) by moving headquarters overseas while getting government contracts - some even no-look bids like Bush's buddies.

http://www.pbs.org/now/politics/legislation.html

Another good link list is here:
http://www.thebermudaproject.com/
This one is published by Arianna Huffington, so neo-cons can save time and ignore it as it may not fit your rump-swabbing agendas. Keep in mind that these corporate traitors, by leaving and blowing off their real tax obligations, cause a gap in revenues that pay for your wars and also lead to the tax increases we all know and love.

Harry Boy

Everybody hates them thats why they moved.

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Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

Terry Glenn is a cowgirl

I guess Dubai is the place to go...

Real World

George Soros bought 2 million shares in the company at the end of last year.

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