Dick Cheney testified to SEC on Halliburton (HAL) accounting issues


Vice President Dick CheneyApparently denying responsibility and shifting the blame is a policy that applies to more than just the Bush Administration's political affairs.

The Wall Street Journal is reporting (subscription required) that Vice President Dick Cheney testified to the SEC in 2004 regarding Halliburton's (NYSE: HAL) accounting. Former CFO Gary Morris had told investigators that he and Cheney had discussed plans to book disputed, over-budget expenses related to an Egyptian construction project as income.

But Cheney doesn't remember that conversation He testified that "I have no recollection of it. That doesn't mean that it didn't happen."

Don't you hate it when that happens? He also said that he remembers the cost over-runs but didn't remember discussing the accounting and basically told investigators that that was the CFO's issue.

Maybe Cheney's telling the truth. But given the generally slimy personal character that he has displayed as Vice President, you have to doubt his sincerity.

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