1.11.03

the spoils of war....

"HOUSTON, United States (AFP) - US oil industry services giant Halliburton said Thursday its Kellogg Brown and Root unit's profits rose four-fold and sales leapt 80 percent, boosted by work in Iraq

"Profits from the unit's operations soared to 49 million dollars in the three months to September from 12 million dollars a year earlier, helped by "government services activity in the Middle East," Halliburton said.

"KBR, the engineering and construction division that netted a no-bid government contract to help rebuild Iraq's shattered oil industry, also posted an 80-percent jump in sales to 2.3 billion dollars"

....

"Mr. Cheney's office has said the vice president has no current ties to Halliburton and had nothing to do with the contract (!! i suppose soon they'll be insisting he is in fact an entirely different dick cheney to the one associated with haliburton...).He still receives deferred payments for services performed while he was employed by the company. Separately, Halliburton reported yesterday that its third-quarter revenue rose to $4.14 billion from $2.98 billion a year earlier, in part because of KBR's government work"

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