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Halliburton Says It’s Done in Iran

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133724 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-10-07 08:24 AM
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Halliburton Says It’s Done in Iran
The Halliburton Company said yesterday that its subsidiary that does business in Iran had completed all its commitments and was no longer working in the country.

In January 2005, the company, which was once led by Vice President Dick Cheney, said that it would not accept new work in Iran but that it would complete existing contracts there.

The Department of Justice subpoenaed documents from Halliburton in July 2004 for an investigation into the legality of contracts its Halliburton Products & Services Ltd. unit, which is registered in the Cayman Islands, held for work with the state-run National Iranian Oil Company.

http://www.nytimes.com/2007/04/10/world/middleeast/10halliburton.html?ex=1333857600&en=f811a11a69fad9b9&ei=5088&partner=rssnyt&emc=rss

Evidently it's OK to trade with enemies as long as it is done through a subsidary...

http://www.gocayman.ky/component/option,com_directory/listing,Bodden%20Corporate%20Services/page,viewListing/lid,26/Itemid,160/

It's cheap only $985...

http://www.bcsl.ky/
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-10-07 08:27 AM
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1. They don't want to get their people bombed? nt
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-10-07 08:56 AM
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2. As any gambler who's run the table a few times knows....
...after you've won a tidy sum it's time to get out of the game.

They've made a handsome profit on the blood spilled so far and a new headquarters in Dubai, so why not quit?

They won't have to worry about prison sentences.

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