OILIGARGHY: ‘Big Oil & Their Bankers’, War Balances Books – By Dean Henderson


Source – hendersonlefthook.wordpress.com

“…Dick Cheney was now Halliburton Chairman and CEO.  Cheney now struck a more business-like tone, cutting oil deals with Saddam Hussein.  According to the Financial Times, from 1998-2000 Halliburton did nearly $24 million in business selling oil drilling equipment and services to Iraq.  Cheney & Company circumvented the US embargo by dealing through two European subsidiaries, Dresser Rand and Ingersoll-Dresser Pump”:

War Balances Books – By Dean Henderson

The record profits accrued by US corporations as a result of the Gulf War also served to offset the imbalance in US/GCC trade created by GCC oil revenue.

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