Cheney makes $1.5MM from Iraq War
Below is Halliburton's 5-year stock chart. Note the climb out of the company's all-time low - November, 2002. That's when the Bush administration awarded Cheney's former company the first of its no-bid contracts for reconstruction in Iraq.
In 2003, a congressional report found that Cheney still owned 433,000 stock options in Halliburton. 100,000 shares were at $54.50 per share, 33,333 shares at $28.125 and 300,000 shares at $39.50 per share
At the bell today, Halliburton's stock was at $43. Should he choose to flip his $28 and $39 options, he will gross $14.3MM, and net $1.5MM.
Below is Halliburton's 5-year stock chart. Note the climb out of the company's all-time low - November, 2002. That's when the Bush administration awarded Cheney's former company the first of its no-bid contracts for reconstruction in Iraq.
In 2003, a congressional report found that Cheney still owned 433,000 stock options in Halliburton. 100,000 shares were at $54.50 per share, 33,333 shares at $28.125 and 300,000 shares at $39.50 per share
At the bell today, Halliburton's stock was at $43. Should he choose to flip his $28 and $39 options, he will gross $14.3MM, and net $1.5MM.
Labels: Politics
posted by isaacjosephson at 3:28 PM
0 Comments:
Post a Comment
<< Home