Halliburton moving corporate headquarters from Houston to Dubai

[mandy]

The much-maligned defense contractor Halliburton is moving its corporate headquarters from Houston to Dubai in the United Arab Emirates.

"The Eastern hemisphere is a market that is more heavily weighted toward oil exploration and production opportunities," said CEO Dave Lesar at an energy conference in nearby Bahrain. "And growing our business here will bring more balance to Halliburton's overall portfolio."

The draw is obvious. Dubai's friendly tax laws will add to Halliburton's bottom line. Last year, it earned $2.3 billion in profits...

full article: http://abcnews.go.com/WNT/Business/story?id=2942429&page=1

[BellisimaJ.]

Last year, it earned $2.3 billion in profits...

Thanks in large part to the contracts awarded it by the Bush admin! 

[jezebel]

http://www.bloggingstocks.com/2007/03/13...ng-parody/  ;D

[BellisimaJ.]

[quote author=jezebel link=topic=8524.msg46672#msg46672 date=1173813018]
http://www.bloggingstocks.com/2007/03/13...ng-parody/  ;D
[/quote]

It's hilarious!