Monday, March 12, 2007

Halliburton Moves to Dubai

This is yet another example that US Corporate loyalties lie not at all with the US and its citizens, but with the almighty dollar (or yen, or yuan, or whatever they use in Dubai).

...Halliburton CEO David Lesar said that while he will maintain an office in Houston, the corporate headquarters for Halliburton will be relocated to the United Arab Emirates.

...In recent years, however, Halliburton has frequently been accused of receiving special favors in the procurement of lucrative contracts in Iraq, where it has been active in providing civilian support for the war effort. Many of these accusations appear to have been related to Vice President Dick Cheney's position as CEO of the company from 1995 to 2000.

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