Rockin' the Boat: Halliburton Makes a Killing in Iraq

By Anonymous (not verified) , 11 May, 2003
Author
V-Man

Halliburton is back in the news with a sweetheart deal to manage Iraq's oil for the Bushies. We turn to investigative reporter Pratap Chatterjee for analysis. Rockin' the Boat has returned to the air in a daily, thirty-minute format!! Tune in live on Free Radio Santa Cruz 96.3 FM or http://www.freakradio.org Each Weekday M-F from 5:30 til 6 PM pdt

64 kbps mp3 22:49

During his post as Defense Secratary from 1989 to 1993 Dick Cheney oversaw one of the largest privatization efforts in the history of the Pentagon, steering millions of federal dollars to civilian contractors. Two and a half years after Clinton was elected he began cashing in on the very contracts that he helped initiate. In 1995, with no experience in the oil industry, former Secratary of War, Dick Cheney was named CEO of Halliburton, one of the world's largest providers of products and services to the petroleum and energy industries. Cheney's five years with the company were some of its most profitable. The company doubled in size under Cheney, through a series of mergers and government contracts. Now with Cheney as VP, Halliburton is doing better than ever. Profits nearly doubled for the first quarter of 2003, after recieving a 2-year, no-bid contract, to fight oil well fires in Iraq, and to help clean up the war's aftermath. Now, as the United States tries to persuade the UN Security Council to lift sanctions and hand over control of Iraq's vast oil revenues to the US, it has come to light that the Halliburton contract was an even bigger sweetheart deal than first imagined. We turn now to investigative reporter Pratap Chatterjee. He first looked into Halliburton as Research Coordinator for Project Underground, the Berkeley-based environmental watchdog group. He has written extensively about corporate wrongdoing, with more than 1,000 articles printed in journals like, Multinational Monitor, The Progressive, the Guardian and the Financial Times of London to name a few. He currently writes for corpwatch.org and is the co-host of Terra Verde heard each Friday afternoon on KPFA, in Berkeley, and is that city's Environmental Commisioner. Last year Pratap Chatterjee was on assignment in Afghanistan, Turkmenistan and Uzbekistan. And early this year, he travelled to Incirlik, Turkey