Halliburton moving to Dubai

Mar 11, 2007 23:44

If this isn't the most stinking corrupt event since the invasion of Iraq, I'll eat my own uterus:

U.S. oil services firm Halliburton Co. is moving its headquarters and chief executive to Dubai to better position itself to gain contracts in the oil-rich Middle East.

Texas-based Halliburton, which was led by Vice President Dick Cheney from 1995-2000, did not specify what, if any, tax implications the move might entail. It plans to list on a Middle East bourse once it moves to Dubai -- a booming commercial center in the Gulf.

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