Tuesday, December 16, 2003

Halliburton units file for bankruptcy

HOUSTON - Halliburton Co. Tuesday said its Kellogg Brown & Root and DII Industries units filed for Chapter 11 bankruptcy protection in a Pittsburgh court to resolve asbestos claims against the company.

Houston-based Halliburton, its energy services group and Kellogg Brown & Root's government services unit, which is providing support services to the U.S. military in Iraq, are not included in the bankruptcy filings, the company said.

. . .

The bulk of the claims came from employees who worked on industrial furnaces made by DII prior to Halliburton's purchase of the company in the late 1990s, when U.S. Vice President Dick Cheney was chief executive of Halliburton.


Looks like Unka Dick was too busy war profiteering to push the Halliburton Asbestos Relief Act through congress. So many grifts, so little time . . .

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