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August 04, 2004
Read Quickly

It's almost 8:00 and I have a full schedule today, but I couldn't resist a couple of links.

Halliburton pays $7.5M fine to settle SEC investigation

Halliburton Co. has paid a civil penalty of $7.5 million to settle a Securities and Exchange Commission probe into how company in 1998 and 1999 disclosed and recognized revenue for unapproved claims in long-term construction projects.

I've read, elsewhere, about the "creative accounting" that was implemented at the company under a (ahem) previous CEO who has since attained a new position.

'Nuff said.

After the effect of this adjustment, the company's second quarter 2004 loss from continuing operations was $58 million, or 13 cents per share, compared to the $54 million, or 12 cents per share previously announced.

Net loss for the second quarter of 2004 was $667 million, or $1.52 per share, compared to the $663 million, or $1.51 per share, previously announced.

We really need to reform the corporate tax structure in this country, don't we? (Requires registration but you should be registered to read the Bizjournals news in your area anyhow.)

For those interested in healthcare, Sociocultural, Environmental, and Health Challenges Facing Women and Children Living Near the Borders Between Afghanistan, Iran, and Pakistan (AIP Region) (Registration. peevish/peevish should work)

Background: For hundred of years, people in the region encompassed by the Afghanistan-Iran-Pakistan borders (AIP region) have been challenged by conflict and political and civil instability, mass displacement, human rights abuses, drought, and famine. It not surprising that health and quality of life of vulnerable groups in this region are among the worst in the world. In general, women and children, in particular girls, in the AIP region have had especially limited access to healthcare. Women and children have dramatically high rates of communicable and non-communicable disease, morbidity, and mortality and a general low life expectancy that is rapidly declining. In spite of national and international efforts to improve health status of vulnerable populations in this region, the key underlying sociocultural determinants of health and disparities (ie, gender, language, ethnicity, residential status, and socioeconomic status) have not been systematically studied, nor have their relationships to environmental challenges been examined.

Very interesting perspective on the region.

And then there's that whole "war on terror" thing. As long as you're already reading, take a look at this entry which tries to explain that we're not at war with extremist Islamism, we're at war with terrorism. I approve of the discussion of "defining" terrorism. You have to know what you're fighting and Islam, even extremist Islam, is not synonymous with "terrorism."

Ever faster....

Prisoner abuse photos were just kids having some fun.

Over 70% of Missouri's voters who turned out yesterday upheld a same-sex marriage ban, confirming my already low opinion of Missouri. (Not that I expected any different.)

Posted by AnneZook at 07:59 AM


On the other hand, Missouri is the state that voted to send a dead guy to the US senate, instead of John Ashcroft. 'course, now we're stuck with him.....

Posted by: Jonathan Dresner at August 6, 2004 03:57 AM

Yes, but it has to be said that Missouri showed a flash of common sense during that election.

It's odd, when you think of it. Missouri is not a rich state. There's a sizeable percentage of the population living on or with the assistance of goverment programs. They're socially conservative and fiscally liberal, I guess.

Makes it all the more impressive that they declined to embrace Ashcroft. :)

Posted by: Anne at August 6, 2004 03:50 PM

"They're socially conservative and fiscally liberal, I guess."

Kind of summarizes Bush, doens't it? Let's all pray to Jesus to punish the gays, and let's not worry about a half trillion dollar deficit because, uh, heck, come the rapture Jesus will make our national debt go away.

Posted by: Lawrence Krubner at August 9, 2004 11:45 AM

Seriously, recall James Watt, back in the early 1980s, saying we should use up the environment because the 2nd Coming was coming soon, and God would wonder why we weren't using the resources he'd given us? I really do think that part of the Bush team has that attitude toward the budget deficit, that it doesn't matter because by the time we need to confront the full weight of this debt, Jesus will have returned and the issue will be moot.

Posted by: Lawrence Krubner at August 9, 2004 11:47 AM