A Sit-Down Interview: The Halliburton/KBR Story

[CorpGovActivist]

I have a sit-down interview scheduled this morning with a major MSM outlet. As soon as I know more, I'll post. Meanwhile:

http://news.google.com/news?hl=en&ned=us&ie=UTF-8&q=halliburton+devonport

http://quicktake.morningstar.com/Stock/AllNews.asp?Country=USA&Symbol=HAL&MaxDisplay=100

The placeholder page on my site has been updated, as well - with the full-fledged site in beta right now.

- David A. Smith, Editor of www.HALwhistleblowers.org
(not to be confused, ever again, with David R. Smith, the as-yet-unindicted VP of Tax at Dresser Industries, and now at Halliburton)

P.S. For additional details, please see the Halliburton-related threads in my journal: http://journals.democraticunderground.com/CorpGovActivist

[Roland99]

1. Will it be live or will they edit the crap out of it?

[CorpGovActivist]

2. I Guess...

... we'll all just have to wait and see what they run with, before drawing conclusions.

- Dave

[Roland99]

3. At least it's being discussed in the "liberal media"....finally.

[CorpGovActivist]

7. Unless the MSM Decides...

... to pull all coverage of Congress for the next two years, the Halliburton/KBR story is going to be getting out there - one way or another.

; )

- Dave

[Roland99]

8. Predicted headline: C-SPAN folds its broadcast tent

:evilgrin:

[CorpGovActivist]

13. Try to See...

... the glass as half-full, and filling.

- Dave

[stop the bleeding]

4. NOMINATED !!!

oooh boy now is when the fun starts

[Canuckistanian]

5. Good luck, CGA, and a question

So, it looks like the KBR spinoff is going ahead, but, to me, it's not looking like such an investment bargain.

According to a Globe and Mail article, KBR was only responsible for about 10% of Halliburton's profits. However, they took in about 42% of the revenue. That seems a pretty razor-thin margin.

AND, with the KBR government service branch's large US Army contract due to expire next year with a less than KBR-friendly Congress, can we look for further depreciation?

Although, if the manure hits the turbine with your (and other's) revelations, I don't think we'll be seeing a continuation of "business as usual" for either KBR OR Halliburton.

[CorpGovActivist]

9. Thanks, and...

"So, it looks like the KBR spinoff is going ahead, but, to me, it's not looking like such an investment bargain."

Well, the interesting thing to watch will be once the secondary market (i.e., the general investing public) really dives in.

"According to a Globe and Mail article, KBR was only responsible for about 10% of Halliburton's profits. However, they took in about 42% of the revenue. That seems a pretty razor-thin margin."

Well, more granularity comes when you look at the KBR expense line and sub-items, e.g., legal fees paid to BakerBotts.

; )

"AND, with the KBR government service branch's large US Army contract due to expire next year with a less than KBR-friendly Congress, can we look for further depreciation?"

That would be LOGCAP III, a contract bid my proposal team in the Arlington, Virginia office worked on.

http://www.google.com/search?hl=en&q=logcap+iii

The fraud, waste, abuse, graft, corruption, over-billing, and intentional criminal activity involved in this one contract alone could keep Congress busy for the next two years - and get both Halliburton and KBR barred from all Federal Government contracting.

"Although, if the manure hits the turbine with your (and other's) revelations, I don't think we'll be seeing a continuation of 'business as usual' for either KBR OR Halliburton."

You could very well be seeing prison terms for the C-levels, including Cheney.

- Dave

[yodermon]

17. So, when to short HAL &/or KBR?

or is that just unseemly.

[Buttercup McToots]

6. Good Luck David!!

I was awa` an` talkin` tae myself on the other thread...
but I'm back now...
I'm fine really...jest a wee paranoid spell...:crazy:

[CorpGovActivist]

10. Just Don't...

... answer yeself back.

; )

- Dave

[DemReadingDU]

11. #5, off to the greatest page!

Good Luck in the interview!

[CorpGovActivist]

14. Thanks!

As I've said before, I think we'll see a steady drumbeat of "groundwork" articles between now and January 3rd - with bigger ones after that.

- Dave

[elehhhhna]

16. David for Prezzydent!

k&r

[G_Leo_Criley]

12. Go David!

Wonderful!

Good luck!!! :patriot:


glc

[CorpGovActivist]

15. Thanks...

... and it's nice to know that there are still MSM journalists who understand that the transition period is not a time to swap holiday cookie recipes in their line-inches of space.

; )

- Dave

[MANative]

18. That's great news...

can't wait to get the details! Good luck, Dave :yourock:

[CorpGovActivist]

24. Thanks...

"can't wait to get the details!"

See downthread, at #23.

: )

"Good luck, Dave"

Thanks!!!

- Dave

[radfringe]

19. WHOOO-HOOO!

:hi: :thumbsup:

[radfringe]

20. the WAXMAN cometh

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=364&topic_id=2757473&mesg_id=2757473

[CorpGovActivist]

25. He Doth, and He's...

... got a veritable army of Hill staffers backing him up!

: )

- Dave

[conscious evolution]

21. When do you think the

interview will be aired? Today?Or do you think it will be a few days before they put it out there.

[CorpGovActivist]

26. Harder to Tell...

... than usual, given the holiday.

- Dave

[Blackhatjack]

22. Checking in --and giving this a hearty K & R.....

.... keep up the good work Dave! Watching and waiting ......

[CorpGovActivist]

27. Thanks...

... it will be interesting to see how this gets treated, with the holiday thrown in, for sure.

- Dave

[CorpGovActivist]

23. Latest E-mail to Trusted MSM

Please note: The referenced attachment will be posted at: http://www.HALwhistleblowers.org by 1:30 p.m. ET

The direct link is: http://www.halwhistleblowers.org/#kbremailsbatch1
****************************************************************

Subject: Halliburton/KBR E-Mails, Redacted

From: [email protected]
Date: Mon, Nov 20, 2006 1:18 pm
To: [email protected]
Cc:
Bcc: (redacted)

Ladies and Gentlemen:

As you may recall, Halliburton's paid spokesflak, Cathy Mann, stated flatly to the media that my claims are "completely without merit," when contacted for comment regarding my SEC filings: http://www.chieftain.com/business/1159080121/3

Attached hereto, please find the first batch of redacted e-mails, which will help to illustrate that Ms. Mann's pronouncements from Houston leave much to be desired in the way of factual grounding. I have shared these and other e-mails with Federal investigators, at their request. Also, the FBI/DOJ demanded that Halliburton produce the backup tapes of my e-mail account (and of David R. Smith's e-mails) on Friday, July 23, 2004 - a fact that Ms. Mann ought to be able to confirm for those of you working on stories.

Page 1 of the attached is an e-mail dated August 7, 2001, received within the first week of my employment at the Government Operations outfit of KBR, in Arlington, Virginia. Matters of note include: (1) Even in the internal e-mail system, I was differentiated by the notation of "(Arlington)" - which should have clued in the panic-stricken Halliburton in-house counsel who later sent me the mis-directed e-mails intended for David R. Smith, VP of the Tax group in Houston; and (2) DOCCC - referenced in the subject line - is the Design On-Call Construction Contract, one of the first projects I worked on at KBR: http://www.google.com/search?hl=en&lr=&q=design+on-call+construction+contract+halliburton

Page 2 of the attached is an e-mail dated April 28, 2003, sent on my last day at KBR. Matters of note include: (1) As you can see, I was "[email protected]" to those outside the company e-mail system, and "David Smith (Arlington)" to those inside the company's e-mail system, so the panic-stricken Halliburton in-house counsel who later mis-directed the Foreign Corrupt Practices Act cover-up e-mail to me really botched things up ("big time," as the former Halliburton CEO might say); (2) the recipients are redacted here, as they may very well end up being called as witnesses in future proceedings; and (3) I tried to leave on good terms.

Page 3 of the attached is an e-mail dated April 28, 2003, which contemporaneously memorializes the cover story that Halliburton/KBR provided to me. David Swindle - who now heads up the "competitor" that is vying to "compete" with KBR for a key (and controversial) contract renewal - said that the company's proposal operations were cutting back on the use of outside contractors (which was both ironic - given KBR's line of work - and patently untrue). David Swindle and many other KBR alums are planning to make a "competitive" bid for the KBR work in question (and if any journalists on the bcc: list are unfamiliar with the Federal prohibitions on collusive bidding on Federal contracts, I'd be happy to walk you through the regulatory provisions; the running joke use to be that "if there's a Swindle involved, there's a swindle involved."): http://biz.yahoo.com/ap/061103/army_logistics_contractors.html?.v=2

Page 4 of the attached is an e-mail dated April 28, 2003, in which the minor detail of whether or not my e-mail account (the source of so much trouble for the Houston brass) would be closed or not is discussed.

These four pages help to bookend my time at Halliburton/KBR's Government Operations in Arlington, Virginia. I have two more sit-down interview spots left before the Thanksgiving holiday, for any journalist in the bcc: line interested in sitting down and looking at unredacted copies of these and other e-mails/materials pertaining to my allegations. Otherwise, please feel free to contact me to schedule time after the end of this holiday week.

Regardless, I wish you and yours a very safe and joyous holiday, with much to be thankful for,

- David A. Smith, Editor of www.HALwhistleblowers.org (new placeholder up; full-fledged site in beta testing)
(not to be confused, ever again, with David R. Smith, the as-yet-unindicted VP of Tax at Dresser Industries, and now at Halliburton)

[radfringe]

29. YEEEE-HAAAWWW YOU GO DAVE!!!!

Also, the FBI/DOJ demanded that Halliburton produce the backup tapes of my e-mail account (and of David R. Smith's e-mails) on Friday, July 23, 2004 - a fact that Ms. Mann ought to be able to confirm for those of you working on stories.

moment..July 23 is my birthday...

[CorpGovActivist]

30. LOL...So That's a Red Letter Date...

... in the timeline for you, and one you'll be able to keep straight (figuratively speaking)?

; )

- Dave

[conscious evolution]

31. Question

Have you checked your email there lately?mailto:%[email protected]

:hide:

Wouldn't it be crazy if they haven't deleted you from their system!

[CorpGovActivist]

32. I'm Guessing...

... that they've "retired my number" there, so to speak.

; )

- Dave

[Blackhatjack]

33. Logging into their email system would not be wise.....

.... and would give them something to use in trying to discredit you.

[CorpGovActivist]

34. I Know That...

... and wouldn't attempt it. The point is, that - for both internal and external e-mailers - there were cues and clues to help ensure against just the sort of hare-brained mis-direct that the panic-stricken Halliburton in-house counsel sent out.

; )

- Dave

[savemefromdumbya]

28. Well done, great action!

[CorpGovActivist]

35. Thanks! Please See #23 Upthread n/t

[savemefromdumbya]

36. Thanks!

[Buttercup McToots]

37. Good Mornin`

Do we know when it is gonna be on, yet?

[CorpGovActivist]

42. Not Yet...

... the print or air time is always dicey, and with the holiday thrown into the mix - *shrug* - who knows?

- Dave

[radfringe]

38. **snicker** toon as promised **snicker**

[conscious evolution]

39. good one

The Sword of Damocles is very appropriate!Though I would have added a hand with scissors.

[radfringe]

41. saving that

for when the subpoenas are actually delivered...

and then there will be the series where Cheney tries to duck the subpoenas and the inevitable attempt to avoid testifying... followed by unable to appear due to "health concerns"...

[CorpGovActivist]

43. Healthy, Hale, and Hearty...

... whistleblowers won't let "health concerns" keep them from telling what they know, though. Indeed, many have already made formal statements.

- Dave

[conscious evolution]

44. hahahaha

can't wait.

[Buttercup McToots]

40. Hee hee...thats a good un...

it sure looks like him...
:hi:

[Buttercup McToots]

45. Bump...up

Anything yet?

[Buttercup McToots]

46. Good Mornin`

:)