----- Original Message ----- From: "John D. Giorgis" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[EMAIL PROTECTED]> Sent: Sunday, January 04, 2004 8:41 PM Subject: Re: Minimal Profits for Halliburton
> > So, in other words, it seems to me that you are making a non-falsifiable > claim. There is absolutely no evidence that can be presented to you that > will persuade you that Halliburton is profiteering, right? Nope. There certainly would be evidence that would make me believe that Halliburton actually is obtaining a modest rate of return on their investment in Iraq. I was just pointing out that what you presented was not that evidence. My objections are not wild hypothesis that are untested. The type of actions I describe are, as far as I've seen in 20+ years in the industry, normal business procedures. Other posters have given examples of this happening in the entertainment industry, too. The oil patch is much smaller than one might expect from the outside. I know folks in 'most every service company. We trade stories. I've always been interested in how the companies have worked, and have asked a lot of questions over the years. I know people who were fairly high up in Halliburton, and we've swapped stories about how companies do things. If these folks were to tell me, for reasons X,Y,Z, Halliburton actually made a lot less than they expected to from the Iraq contracts, then I'd be inclined to believe them...since they've given me good information in the past. However, I will not accept reports that have often not reflected the true profitability of an operation as valid without evidence that standard operating procedures have not been followed. Particularly, when the buzz I get from people who are in the field and are thinking of doing business in Iraq is that the potential for profits there are enormous. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
