http://www.alertnet.org/thenews/newsdesk/N09727978.htm
Firms with Bush-Cheney ties clinching Katrina deals
10 Sep 2005 14:54:50 GMT
Source: Reuters
WASHINGTON, Sept 10 (Reuters) - Companies with ties to the Bush White House and the former head of FEMA are clinching some of the administration's first disaster relief and reconstruction contracts in the aftermath of Hurricane Katrina.
At least two major corporate clients of lobbyist Joe Allbaugh, President George W. Bush's former campaign manager and a former head of the Federal Emergency Management Agency, have already been tapped to start recovery work along the battered Gulf Coast.
One is Shaw Group Inc. <SGR.N> and the other is Halliburton Co. <HAL.N> subsidiary Kellogg Brown and Root. Vice President Dick Cheney is a former head of Halliburton......
Halliburton continues to be a source of income for Cheney, who served as its chief executive officer from 1995 until 2000 when he joined the Republican ticket for the White House. According to tax filings released in April, Cheney's income included $194,852 in deferred pay from the company, which has also won billion-dollar government contracts in Iraq.
Cheney's office said the amount of deferred compensation is fixed and is not affected by Halliburton's current economic performance or earnings......