The Daily Sandwich

"We have to learn the lesson that intellectual honesty is fundamental for everything we cherish." -Sir Karl Popper

Location: Boston, Massachusetts, United States


Wednesday, October 12, 2005

Halliburton options net Cheney $8 million

File under 'R' for Robber Baron.

An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, Raw Story can reveal.

Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.

I wonder what worthy causes will get a piece of that pie... Tom DeLay defense fund? Strip Miners for the American Way? The Definitely Not Dick Cheney's Offshore Tax Haven Fund?