halliburton’s other business model
reported in the washington post, halliburton (which we should all be familiar with by now) has fired two consultants in connection with “violations of halliburton’s code of business conduct.”
one of these consultants is a. jack stanley – picked by cheney as chairman of the kellogg, brown and root (kbr) subsidiary of halliburton. the other is william chaudan
Halliburton Fires 2 Consultants [washington post (key)]“This news is disappointing, ” said Wendy Hall, a Halliburton spokeswoman. “But it’s not representative of how Halliburton or KBR does business.”
right. so far the business model at halliburton seems to be overcharging clients like the us government. kickbacks and bribery seem to be more badder and so off-limits. there’s always the chance that the bribe could come to light, and overcharges can simply be attributed to clerical errors. i mean, even the client makes mistakes with counting.
it’s a rational approach – if you get busted for the overcharges, just pay whatever it takes to make it go away. if you don’t get busted, you keep the money. if you get busted with bribe money, that’s going to set off a few more alarm bells. it is, after all, a violation of the foreign corrupt practices act.