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Old 12-01-2011, 01:00 PM   #56
palmetto defender
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Join Date: Apr 2009
Posts: 4,687
[QUOTE=Trades;4258671]Clinton gave as many contracts to Haliburton as Bush. The thing is Haliburton is the only company capable of and good at some of the things they are contracted to do such as managing oil fires of the size seen in Iraq.[/QUOTE]


Finally, someone who knows something. Correct, HAL is a very specific company - they do many things no other company can and do them well. So, they get the business. They are not all that profitable by the way (have some in a managed account). But they make money.

Solar - $1.8 Bill debt on sales of $10 mill with an admiited bad outlook? Whoa. I've run businesses way bigger than that (Bill+) and would have been out of there if I incurred that kind of debt with that volume.

Cost versus return. If it's not being analyzed I suspect a little criminality. No?
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