culture, politics, commentary, criticism

Wednesday, May 23, 2007
How the Middle East can invest in its own demise. Here's an exciting investment opportunity, courtesy of Cheney's former haunts (
WSJ):
As part of an effort to grab a growing share of the booming Middle Eastern oil-field-service market, Halliburton Co. Chief Executive David Lesar said he would welcome a Middle East investor taking a "major" equity stake and may dually list its shares in Dubai. [...]

Mr. Lesar is also indirectly addressing market concerns that Halliburton is too heavily reliant on work in North America. [...] He also said Halliburton planned to increase its revenue from the Middle East and the Eastern Hemisphere as it targets $80 billion of projects over the next five years.
Clearly, one of biggest beneficiaries of the Iraq fiasco has been the vice president's former company.

Why would anyone want to invest in the architect of a ruin?
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