On Apr 11, 1:05 am, "Doc" <bushgobye...@leftofcenter.com> wrote:
"John Lemke" <jfle...@locallink.net> wrote in message
news:1176259409.421631.172330@n76g2000hsh.googlegroups.com...
On Apr 10, 10:30 pm, "Dr. Bipolar"
<doctorsalway...@theglobalasylum.com> wrote:
Halliburton pulls out of Iran
by Reuters on Tuesday, 10 April 2007
Halliburton Co. said on Monday all of the commitments of its subsidiary
doing business in Iran have been completed and it is no longer working
in
the country.
In January 2005, the company once headed by U.S. Vice President *****
Cheney announced it would not accept new work in Iran but would
complete
its existing contracts there.
The U.S. Department of Justice subpoenaed documents from Halliburton in
July 2004 for an investigation into the legality of contracts its
Cayman
Islands-registered Halliburton Products & Services Ltd unit held for
work
with the state-run National Iranian Oil Co.
U.S. companies are forbidden under U.S. law from doing business in Iran
dating back to sanctions imposed after the 1979 Islamic revolution when
student fundamentalists held 52 American hostages for 444 days.
Halliburton has said its operations in Iran, handled through a Dubai
office, were legal because they were isolated from the U.S. operations
and
management.
"Halliburton's prior business in Iran was clearly permissible under
applicable laws and regulations," the company reiterated in the
statement
on Monday.
Last month, Halliburton announced its Chief Executive Dave Lesar would
move to Dubai from Houston to open a new headquarters there to better
position itself to win Middle East contracts.
Cheney was chief executive of Halliburton from 1995 to 2000 before
becoming President George Bush's running mate.
http://www.arabianbusiness.com/index.php?option=com_content&view=arti...
Ok, this is why we've waited so long to bomb the hell out of them
people. Duck and cover, Ahmed.
Indeed ! That was my point in posting this. ;)~
Of course!
.