http://www.democracynow.org/article.pl?sid=03/07/16/1533207As head of Halliburton and as U.S. Vice President, Dick Cheney lobbied to remove sanctions against Iran to allow his business to profit off the Iranian dictatorship.
In other news from Iran, the country announced this week the discovery of one of the largest oilfields in the world. Some 38 billion barrels of oil are believed to be in the oilfield found in southern Iran making it one of the most lucrative oil finds in years.
Iran says they are looking for foreign companies to invest in the oilfield. It will be a tempting deal even for U.S. companies that are barred from dealing with Iran.
Recent news reports indicate that the subsidiaries of several American companies have been quietly trading with Iran for years. These companies include Halliburton, GE and Conoco.
According to Money Magazine, in 1997 when Vice President Dick Cheney was Halliburton's CEO, the company paid $15,000 fine for improperly shipping oil field equipment to Iran.