Halliburton to be run from Dubai

[Rose Siding]

Halliburton Expands Mideast Presence; CEO to Spend More Time in Dubai

Halliburton Co. is making a big push to expand its presence in the Middle East, with Chief Executive Officer Dave Lesar spending a substantial part of his time running the company from Dubai in the United Arab Emirates.

Mr. Lesar said that from his Dubai office he will be concentrating on building the Houston-based oil-services company's business with national oil companies in the Eastern Hemisphere, including Asia, Africa and the Middle East. "Growing our business here will bring more balance to Halliburton's overall portfolio," Mr. Lesar said in a statement. ...

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[ShortnFiery]

1. Hey Congress FREEZE those bastard's assets and investigate NOW! n/t

[emulatorloo]

2. Who would be good to contact -- Waxman? (damn he is so busy now a days) EOM

[enid602]

4. Halliburton

Maybe they've announced their HQ move to Dubai in anticipation of Waxman investigations.

[MADem]

5. Too late. They've always had partners over that way. It's why sanctions never applied to them.

They just do the deal through a European or Middle Eastern subsidiary, reap the profits, and then, when challenged, say "Well, my lily-white hands never TOUCHED that contract!!!!"

It's how they repaired Saddam's oil fields the war before this one...

[kenny blankenship]

3. I took Econ 101: the thing to do (it said on page 2) was take the money and run

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