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Thursday, September 09, 2004

Crime Pays

From Pat Bagley.

I decided I'd better check the actual Halliburton stock charts on this one, and Bagley's pretty accurate.

Ten years.

Three years.

Note that the stock rebounded from its low just as the buildup to the Iraq war began. It appears to have suffered a bit of a setback around the time of the statue falling and "Mission Accomplished"--not much money to be made if the war is too easy. But that illusion didn't last long, and it soon became clear that Halliburtion would be getting paid for not providing services for years to come.