Cover image for The Halliburton agenda : the politics of oil and money
Title:
The Halliburton agenda : the politics of oil and money
Author:
Briody, Dan.
Personal Author:
Publication Information:
Hoboken, N.J. : Wiley, [2004]

©2004
Physical Description:
xiii, 290 pages ; 24 cm
Language:
English
Contents:
Erle P. Halliburton and the million-dollar boast -- The road to riches -- The man behind the dam that built Brown & Root -- Guns and butter -- Collateral damage : the Leland Olds story -- Our man in office -- Vietnam and Project Rathole -- Empty pockets -- The big score -- Backseat Cheney -- Fall from grace.
ISBN:
9780471638605
Format :
Book

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Summary

Summary

The author of the bestseller The Iron Triangle untangles a web of political back scratching in one of the world's most powerful companies
Halliburton-a Texas oil-field company Dick Cheney ran before he became Vice President-has courted controversy for the better part of the twentieth century, but only recently has it received intense media scrutiny. In The Halliburton Agenda, Halliburton and its subsidiaries form the foundation of a fascinating story of influence peddling and behind-the-scenes political maneuvering that has only increased in momentum over the last decade-culminating in a firestorm of problems arising as soon as Cheney took office.
This intriguing book shows readers where Halliburton has been doing business and with whom-topping the list so far are Iran, Iraq, and Libya. It also reveals how this juggernaut of a corporation has engaged in a cycle of profits that begins by selling products and services to potential terrorist states, contracting with the federal government during times of war against those states, then gaining valuable rebuilding contracts to help repair those states. It will also show how a Halliburton subsidiary, Kellogg Brown & Root, has become an indispensable part of the U.S. military, so much so that the two are indistinguishable at times.
Halliburton is one of the first American companies to recognize the importance of aligning itself with powerful politicians, heavily contributing to campaigns, then cashing in on lucrative government contracts. Engaging and informative, The Halliburton Agenda carefully explores the arc of the company's success, its use of political affiliation, and the scope of its international business.


Author Notes

Dan Briody is an expert on the commingling of business and politics, particularly as it pertains to the war on terrorism and the so-called "military-industrial complex." An award-winning business journalist, Briody has written for Forbes, Wired, Red Herring, and The Industry Standard. He has been a guest on The News Hour with Jim Lehrer, C-SPAN's Washington Journal, National Public Radio's Fresh Air, and a host of other television and radio programs.


Reviews 2

Booklist Review

When Dick Cheney was hired as CEO of Halliburton in 1995, he had never even held a management position in the business world. Clearly, he was hired because of his political influence and extensive contacts in Washington. Briody demonstrates that the company and its subsidiary KBR have a long history of using political connections to win government contracts, dating back to connections with then-congressman Lyndon Johnson in the 1940s. From massive military construction in Vietnam to the cleanup of the Gulf War to Somalia, Bosnia, and the current conflict in Iraq, Halliburton has been the beneficiary of lucrative multibillion no-bid contracts that have resulted in the massive overcharging of the American taxpayer. The U.S. military's dependence on this company has taken privatization to a new level, and meanwhile it is under investigation for accounting practices, bribes, and price gouging. Although Cheney has not left any evidence that he influenced the rewarding of contracts to Halliburton as vice president, Briody's timely expose will surely put the relationship under close scrutiny during the coming election campaign. --David Siegfried Copyright 2004 Booklist


Publisher's Weekly Review

Following hard on the heels of The Iron Triangle, an examination of international consultants the Carlyle Group, Briody turns his considerable investigative skills to the rise of the Halliburton Corp., its subsidiary Kellogg, Brown and Root and the transformation of the U.S. military establishment. With a blunt matter-of-fact tone, Briody describes the rise of the two companies from the dusty oil fields of west Texas to the marbled corridors of power in Washington, D.C. Briody contends that Halliburton and KBR have literally bought politicians, manipulated the contracting process and ridden the current wave of small wars to record profits. Small, detailed moments of intense private pressure and unscrupulous backroom deal-making dominate this story. While Briody seethes with indignation, there is a grudging respect for the skill with which the executives and politicians ply their trade and a bitter resignation at the reality of the ways of government contracting. Central to the Pentagon's post-Cold War strategy is outsourcing nonmilitary tasks to private contractors. One of the chief architects of this plan was Dick Cheney, defense secretary for the first President Bush. Briody argues that with Cheney now vice-president and Halliburton awarded a huge no-bid contract to reconstruct Iraq's oil fields, public outrage has grown. As the controversy simmers, Briody raises an important question: with Americans and Iraqis dying by the day, have military matters become so efficient and profitable for companies like Halliburton that war itself is easier to wage? At times the book is repetitive and has the feel of being rushed to press, but this urgency lends the book a certain gravity. Briody has his own agenda-brilliantly illuminating the increasingly crucial nexus of public need, private profit and war making. Agent, Daniel Greenberg. (May) (c) Copyright PWxyz, LLC. All rights reserved


Table of Contents

Prologuep. vii
Part I The Early Years
1 Erle P. Halliburton and the Million-Dollar Boastp. 3
2 The Road to Richesp. 19
Part II Public Money, Private Profit
3 The Man Behind the Dam That Built Brown & Rootp. 37
4 Guns and Butterp. 65
5 Collateral Damage: The Leland Olds Storyp. 93
6 Our Man in Officep. 115
Part III From Vietnam to Iraq
7 Vietnam and Project Ratholep. 145
8 Empty Pocketsp. 169
9 The Big Scorep. 181
10 Backseat Cheneyp. 191
11 Fall from Gracep. 217
Notesp. 239
Bibliographyp. 261
Indexp. 281