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pbartch Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-04 07:33 PM
Original message
FBI Interviews Halliburton Whistleblower
http://cbs.marketwatch.com/tools/quotes/newsarticle.asp?g=5696D9F9F7334FAF9FBC29EF01120D37&siteid=mktw&dist=nbs

FBI Interviews Halliburton Whistleblower
11/24/2004 5:50:00 PM

WASHINGTON, Nov 24, 2004 (AP Online via COMTEX) -- FBI agents recently spent a day interviewing the Army contracting officer who raised concerns that the Pentagon improperly awarded contracts without competition to Halliburton Co., Vice President Dick Cheney's former company.

The Army Corps of Engineers contract officer, Bunnatine Greenhouse, was interviewed last week and now is gathering documents requested by the FBI and Army criminal investigators, her lawyer said Wednesday.

"They questioned her about all of her concerns, and they asked questions regarding potential involvement of people at higher-level positions," attorney Michael Kohn said in an interview.

The Associated Press reported last month that the FBI had expanded a criminal probe into allegations Halliburton overcharged the government for fuel, adding questions about whether the Bush administration had improperly awarded business without bidding to Halliburton in Iraq and the Balkans.

Both the company and the administration deny any wrongdoing. Cheney's office has said he has had nothing to do with the government contracts that have gone to the company, which he headed in the 1990s until joining President Bush on the 2000 Republican ticket.

Greenhouse has alleged that she began raising questions to her superiors about why the Pentagon was allowing business to go to Halliburton's KBR subsidiary without competitive bidding and then was frozen out from decisions when she pressed her concerns.

Halliburton's relationship with the Bush administration - along with allegations of possible favoritism - was made a campaign issue by Democrats, but Greenhouse's allegations last month caught the attention of the FBI.

Kohn said FBI agents interviewed his client for more than eight hours on Nov. 17, and asked questions about who in the Pentagon might have been applying pressure to get business to Halliburton.

Kohn declined to identify any of the higher officials that were discussed during the interview, but said no White House officials came up.

A legal source familiar with the interview, speaking only on condition of anonymity, said Greenhouse provided the FBI with new information about intervention on one of the Halliburton matters by a senior defense official. The source declined to be more specific, saying the lead was still being pursued by investigators.

Kohn said his client was continuing to cooperate. Greenhouse "has been requested and is in the process of providing additional documentation to both the bureau and the criminal investigation division of the Army," he said.


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Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-04 08:08 PM
Response to Original message
1. Well...
Edited on Wed Nov-24-04 08:11 PM by DanSpillane
www.ideamouth.com/politics

Take for example, the stock of Halliburton Corporation, known so well for its association with US Vice President Dick Cheney. It plummeted on high volume immediately after the memo--previously having closely followed its own sector up until August 6th. Moreover, this divergence was punctuated not only by the date of August 6th, but was also underscored by a September 10th 2001 contract award to Halliburton. Astonishingly, on September 10th, 2001, the news read “Halliburton Unit Picked to Participate in Program to Reduce Threat of Weapons Of Mass Destruction.” (Source: Halliburton)

Click here to read about Sep 10, 2001 Halliburton WMD project award

But the September 11th “clairvoyance” didn’t stop at Halliburton. After the memo, signs began bleeding into the stock market at large. The stock market volatility index (the “VIX”), a measure of market fear, suddenly shot up after the August 6th memo. By September 10th 2001, the VIX index sharply spiked up forty-five percent--to a level in line with the Asian financial crisis. Yet, in the Asian crisis case, news of disaster was already out in the open, which contrasts sharply with environment of September 10th, 2001--when bad news wasn’t out. Remarkably, then, it’s fair to conclude certain stock market investors knew a crisis was going to happen--the day before. In effect, the VIX, while normally independent of Halliburton stock, suddenly moved in lockstep with Halliburton.

***

White House Memo Leads to Sept. 11th Money Trail By Dan Spillane and Audrey Mantey, The Liberty Whistle
-At least five normally independent indicators moved in sync after Bush warned
-On Sept. 10th, instead of US citizens getting a warning, Halliburton got a contract

(10/6 UPDATE includes new Must see! MONEY TRAIL TO WHITE HOUSE GRAPHIC; click HERE .)

(SEATTLE) 09/30/04 - A series of new findings brings into doubt Bush Administration claims regarding September 11th, and shows the work of the 9-11 Commission is incomplete. According to what Bush told the public, and as documented in the 9-11 report, an August 6th 2001 memo delivered to the White House warned of imminent attacks (“Bin Ladin Determined To Strike in US”)--but was described as “historical in nature,” and thus was essentially ignored by the White House. (1) Therefore, as far as the public knows, no actions were taken based on the memo.

It’s not as if the US hasn’t been looking for unusual pre-9-11 actions. In fact, the official 9-11 report examined stock trading before the attacks, and concluded with some degree of confidence that there weren’t profits taken based on information before the attacks. Unfortunately, the 9-11 report provides no details on how such analysis was done--and importantly, the report makes no mention of analyzing events in terms of the August 6th White House memo. In short, the 9-11 commission tried to find “needles in haystacks.”

Indeed, then it should be of no surprise that a comparison of trading specifically before and after August 6th, in terms of a number of normally independent indicators reveals more information, and illustrates an interesting and hitherto undiscovered convergence around the August 6th date. Incredibly, in this light, a major shift is visible in both market indicators, and in business announcements subsequent to the supposedly “ignored” warning memo.

Take for example, the stock of Halliburton Corporation, known so well for its association with US Vice President Dick Cheney. It plummeted on high volume immediately after the memo--previously having closely followed its own sector up until August 6th. Moreover, this divergence was punctuated not only by the date of August 6th, but was also underscored by a September 10th 2001 contract award to Halliburton. Astonishingly, on September 10th, 2001, the news read “Halliburton Unit Picked to Participate in Program to Reduce Threat of Weapons Of Mass Destruction.” (Source: Halliburton)

Click here to read about Sep 10, 2001 Halliburton WMD project award

But the September 11th “clairvoyance” didn’t stop at Halliburton. After the memo, signs began bleeding into the stock market at large. The stock market volatility index (the “VIX”), a measure of market fear, suddenly shot up after the August 6th memo. By September 10th 2001, the VIX index sharply spiked up forty-five percent--to a level in line with the Asian financial crisis. Yet, in the Asian crisis case, news of disaster was already out in the open, which contrasts sharply with environment of September 10th, 2001--when bad news wasn’t out. Remarkably, then, it’s fair to conclude certain stock market investors knew a crisis was going to happen--the day before. In effect, the VIX, while normally independent of Halliburton stock, suddenly moved in lockstep with Halliburton.

Next, in line with the spike in the VIX, yet another indicator foretold September 11th. The put/call stock options ratio--a measure of sophisticated investors betting on a market fall--peaked twice, to a level over one. First, the ratio peaked for the very options transition period immediately after the White House memo, and before September 11th (which crested on August 17th) and next, it peaked on September 10th, the day before the strike. Once again, the put/call ratio moves correspond with Halliburton steps and the August 6th and September 10th dates. Finally, at least one close associate of Mr. Cheney made a business move on September 10th.

What’s incredible is how many signs point to the fact that the White House knew about September 11th in advance, and leaked. Clearly, not one but at least five pieces of evidence exist. The evidence of the unusual stock pattern of Halliburton after the White House warning memo, the special advance timing of the Halliburton WMD contract, the VIX and put/call indicators, and more, showed the White House leaked the September 11th warning to a select few. But alas, no real actions were taken to defend the American people. No, instead, actions were taken to defend Halliburton stockholders and a select few, and further, to enhance their profits.

The simplified charts below show how Halliburton stock turned on high volume when the memo hit the White House; the memo is illustrated by the line bisecting the graphs.

A large, comprehensive graphic is shown, illustrating all the patterns converging around the August 6th memo:

Click here for LARGE CHART showing MONEY TRAIL TO WHITE HOUSE

Footnotes: 1) “The President told us the August 6 report was historical in nature.” (9-11 report, chapter 8)

(Dan Spillane is a computer scientist living in Seattle, Washington, who also studies economics, pure science, and politics. Working with Bev Harris in 2002 and early 2003, he exposed problems related to electronic voting systems certification and Diebold; this set the stage for discussion of the issue at the national level.)

(Audrey Mantey is an instructor at an arts academy in Michigan. She worked in US military intelligence/counterintelligence for over a decade.)
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-04 08:11 PM
Response to Original message
2. Will the other shoe finally drop?
I can hope,...but I sure won't hold my breath.
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-04 08:13 PM
Response to Reply #2
4. I've been waiting for the horrorific Seymour Hersh article on Abu Ghraib
it's out there, still.
And variations thereof.
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-04 08:11 PM
Response to Original message
3. I really respect brave women like Karen Kwiatkowski, Sibel Edmonds, and,
now, Bunnatine Greenhouse!
:yourock:
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-26-04 08:00 AM
Response to Original message
5. Duplicate
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