Dick cheney owns haliburton stock

The result? CEO: David J. The biggest windfall in the invasion of Iraq has most certainly gone to the oil services and logistics company Halliburton. And while Halliburton 's dealings in Iraq have been dogged everywhere by scandal - including now a criminal investigation into overcharging by Halliburton subsidiary Kellogg Brown and Root for gas shipped into Iraq - Vice President Cheney manages to be doing quite well from the deal.

Halliburton Company is an American multinational corporation. One of the world's largest oil field service companies, it has operations in more than 70 countries. The company has dual headquarters located in Houston and in Dubai , and it remains incorporated in the United States. Halliburton's former subsidiary, KBR , is a major construction company of refineries , oil fields, pipelines , and chemical plants. Halliburton announced on April 5, that it had sold the division and severed its corporate relationship with KBR , which had been its contracting, engineering and construction unit as a part of the company. KBR , one of Halliburton's subsidiaries at the time, paid bribes to high-ranking Nigerian officials between and Under a deal reached with the U.

Lesar has been with the company since and took over in as CEO after former U. Now things are different. This was the first gain in nearly two years as the number of U. Like so many other energy companies, Halliburton has been pummeled by the global oil glut. For most of its year history, Halliburton has been a major go-to company for cementing onshore and offshore oil wells, and today that remains its core business.

Having ensured the continued flow of cheap oil from the Gulf by waging a war with Iraq, and after his boss, George Bush's ouster from office by Clinton in , Dick Cheney turned his attention to the corporate world. In he joined the American Enterprise Institute in Washington as a senior fellow. In October of he became president and chief executive officer of the Halliburton Company in Dallas, Texas.