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1、HOUSTON,WEHAVEAPROBLEMANALTERNATIVEANNUALREPORTONHALLIBURTON,APRIL2004TABLEOFCONTENTSI.Introduction:Houston,WeHaveaProblemII.MilitaryContracts,theWaronTerrorism,andIraqIII.AroundtheWorldIV.CorporateWelfareandPoliticalConnectionsV.ConclusionandRecommendationsV.AdditionalResourc
2、esCOVER:Zubairoilfields,SouthernIraq.Photo:DavidMartinez,CorpwatchHOUSTON,WEHAVEAPROBLEMHOUSTON,WEHAVEAPROBLEMHalliburton,thelargestoil-and-gasservicescompanyintheworld,isalsooneofthemostcontroversialcorporationsintheUnitedStates.Thecompanyhasbeenthenumberonefinancialbeneficia
3、ryofthewaragainstIraq,rakinginsome$18billionincontractstorebuildthecountry’soilindustryandservicetheU.S.troops.Ithasalsobeenaccusedofmorefraud,waste,andcor-ruptionthananyotherIraqcontractor,withallegationsrangingfromovercharging$61millionforfueland$24.7millionformeals,toconfir
4、medkickbacksworth$6.3million.HalliburtonisalsocurrentlyunderinvestigationbytheDepartmentofJustice.Perhapsmostimportantly,Halliburtonhasfriendsinthehigh-AlthoughHalliburtonsawabarrageofcriticismin2003,theestofplaces:VicePresidentDickCheneywasHalliburton’scompanyhasahistoryofsca
5、ndal.Since1919,whenEarleP.CEOpriortohistakingofficein2000,andhecontinuestoHalliburtonfoundedthecompanywithpatentedtechnologyreceiveannualpaymentsfromthecompanyinexcessofstolenfromhisformeremployer2,Halliburtonhasbeen$150,000.WhileCEOatHalliburtonfrom1995to2000,involvedincontro
6、versialoildrillingprojectsaroundtheworld.CheneytookadvantageofhisextensiverelationshipswithU.S.Itwasfoundguiltyoffixingthepricesofmarineconstructiongovernmentagenciesandworldleadersthathedevelopeddur-intheoilindustryovera16-yearperiodintheGulfofMexico,inghistenureassecretaryof
7、defenseunderPresidentGeorgeanditpaidoutmorethan$90millioninclaimsandfinesinBushSenior.Throughtheseties,hehelpedthecompanywinthe1970s.3In2002,thecompanyadmittedthatoneofitsbillionsofdollarsingovernmentcontractstoprovideservicesemployeesinNigeriawascaughtattemptingtobribeataxtot
8、heU.S.militaryandbillionsmorefrominternationallend-inspectorf
