Literally. We're off on a week-long break from the world...will blog if I get a chance, since I'm sure that there are internet cafes somewhere in the town where we're staying...
Until then, Hasta La Bye Bye and see you next Saturday or Sunday...
Peace.
posted by Jo Fish on 07.31.04 at 01:34 AM
Comments:
Jo,
Since you wont be byte-ing, I hope the fish are. Remember how you set the hook so that on your return you can help land and fillet Bush Jr.
posted by: Shag from Brookline on 07.31.04 at 07:27 AM [permalink]
So ... Halliburton literally defrauded investors during the Cheney era.
In 1998, the company changed its accounting practices to recognize revenue from “probable recoveries,” rather than just booking revenue that actually came in the door. Either method is acceptable, but Halliburton didn’t bother to disclose the change for about 18 months.
Naturally, the “probable recoveries” method increased its pre-tax income by 46.1 percent in 1998 and 11.6 percent in 1999. That’s why the company paid a $7.5 million fine yesterday.
Want a source? Here you go:
http://www.sec.gov/news/press/2004-104.htm
posted by: Tony Goins on 08.04.04 at 01:53 PM [permalink]
