War-Profiteers

on May 16, 2006 with 0 comments »

Halliburton earned a record $2.4 billion last year (2005 Annual report), but Houston executives will forgo Texas-sized luxury when they come to this rural Oklahoma county seat this week. Halliburton Co. says it moved its meeting to this company town of 22,500 to honor its southern Oklahoma roots. The company's critics accuse it of running to a prairie outpost to hide.

Re: 2004 Annual Report (pdf), Warprofiteers.com reported - On May 18,2005, Halliburton will hold its annual shareholders meeting at the Four Seasons hotel in downtown Houston. Inside, CEO David Lesar will be congratulating himself on the astonishing $7.1 billion revenue the company has made off its recent work in Iraq. This number is double what the company made in the war-torn country the previous year and boosts Halliburton 's overall revenue some 25 percent, bringing it to over $20 billion for 2004.

Last year... On March 19, more than 250 protesters demonstrated outside of the Halliburton shareholder meeting in Houston. The demonstrators far outnumbered the number of shareholders who attended the company's annual meeting at the Four Seasons hotel. Coinciding with the annual Halliburton shareholders meeting a report: "Houston We Still Have a Problem" was issued by CorpWatch. The report, which is an alternative annual Report on Halliburton is co-authored by by Andrea Buffa and Pratap Chatterjee.

This year,
CorpWatch and its partners today released an alternative annual report on Halliburton titled: "Hurricane Halliburton - Conflict, Climate Change and Catastrophe." The new report was prepared in association with Asociacion Civil Labor in Peru, Environmental Rights Action Nigeria (members of the Friends of the Earth International network), HalliburtonWatch and the Oil & Gas Project. - May 15th, 2006

0 comments