Thursday, February 03, 2005

 

Corruption in the State of the Union

Bush last night decried "frivolous asbestos lawsuits."

Guess which US company faces the largest asbesto-related liabilities?

Could it be - say - Halliburton? Why - yes! Halliburton bought Dresser Industries and is trying to escape Dresser's asbestos-related liabilities. They want Dresser's assets but not its debts.

Al Franken just pointed this out on Air America Radio. Wonder if anyone else in the media will have the guts to mention this?

Granted, Dick Cheney is no longer the CEO of Halliburton. Maybe he no longer owns any Halliburton stock. But still, this is unseemly (to say the least).

If Bill Clinton did this on behalf of someone connected to him, the Mighty Wurlitzer would still be shrieking about how awful it is and he is.

But - IOKIYAR.
Comments:
He's been flogging this horse for a long time; I googled and came up with references to Bush and frivolous asbestos lawsuits for the last couple of years. But I'm sure it has nothing to with Halliburton, right?
 
Nothing at al to do with Halliburton. It's actually all the other companies facing "frivolous asbestos claims". Halliburton wants to pay out hundreds of millions of dollars for Dresser's asbestos liabilities, but they're thinking of all the other companies that don't want to do so. Halliburton is selflessly leading the way only to help out everyone else. How noble of them, don't you think?
 
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Comments: "
He's been flogging this horse for a long time; I googled and came up with references to Bush and frivolous asbestos lawsuits for the last couple of years. But I'm sure it has nothing to with Halliburton, right?
 
" "
Nothing at al to do with Halliburton. It's actually all the other companies facing "frivolous asbestos claims". Halliburton wants to pay out hundreds of millions of dollars for Dresser's asbestos liabilities, but they're thinking of all the other companies that don't want to do so. Halliburton is selflessly leading the way only to help out everyone else. How noble of them, don't you think?
 
" Post a Comment

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