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Recently filed SEC documents show that Billionaire George Soros has been gobbling up stock in Hallibuton to the tune of nearly 2,000,000 shares! Based on Friday's close, that makes Halliburton one of Soros' Top 10 equity investments for 2006 - and he has been increasing his stake in the company. Keith and his far-left pals at left-wing outfits such as MoveOn.org, the Center for American Progress, Media Matters, Air America, and blue blogs like Newshounds, Daily Kos, Crooks & Liars and Huffington Post have been demonizing Halliburton for years. On Olbermann Watch alone we have documented hundreds of OlbyAttacks, directly or through surrogates, on Halliburton.
So, Soros is clearly in line to earn his first "Worst Person in the World" nomination, right?
Whoops, not so fast...
Last spring, Olbermann Watch broke the news that Soros-funded MoveOn.org was running a "Watch Countdown" pledge drive among its 3 million members as part of the left's aggressive efforts to save Keith's job at NBC. Center for American Progress, Newshounds and Media Matters for America are well-known Soros fronts. And Arianna and Markos are well-known "Friends of George". Can anyone say, Olbypocrisy at its finest!
Which only begs the question, if a far-left billionaire invests millions in the military-industrial forest does it make a sound in the Leftosphere?
Let's have a scavenger hunt - who can be first to provide links to blue blogs offering the following rationalizations for Soros buying up Halliburton stock...
...so he can change an "evil company" into a "good company"
...so he can get a board seat and keep them "honest"
...so he can force them open up their books
...so he can reveal all their secret, illegal deals
...who cares how he makes a profit so long as he supports good causes
And a special bonus for the first to find a well-known liberal blogger who has the cojones to call Soros what he is - a hypocrite of the first order.
JETBLUE AWYS CORP COM 477143101 $95,219 6,705,587 SH X
Explains why JetBlue has turned into a crap company.
More hypocrisy from the left. Unfortunately, members of the far-left socialist wing of the Dems don't have the intellectual capacity to figure out the truth.
Found this @ HuffPo re Halliburton relocating their main office to Dubai:
http://www.huffingtonpost.com/thenewswire/comments/2007/03/11/43146
It seems the commenters don't know yet that Soros is so well tied to Halliburton.
This comment is one of my favs.:
"
By: TheSageOfTinseltown on March 11, 2007 at 01:47pm
Flag: [abusive] "
" I am sure Cheney et al., are afraid of the crimes committed and are planning an exile to Dubai.
What a shame!
I am certain that Dubai is the center stage for the future international crimes created in the name of Cheney, the Jewish Enterprise, the Bin Laden dynasty, the Vatican Mafia, etc.
Great news for the slumbering and chicken-heads Americans.
By: EzzyT on March 11, 2007 at 05:03pm
Flag: [abusive]"
And another two delusional little jewels:
" Can you say "Flight to avoid prosecution"?
By: NevadaBlue on March 11, 2007 at 01:45pm"
"BINGO!
They know what is ahead for them here.
By: LiberalTexian on March 11, 2007 at 01:54pm
Flag: [abusive]"
Grammie
Didn't you Bush Supporters say you were going to boycott anything and everything near to the left?
Oh, wait, Bill Gates could care less about YOU Bush Supporters switching to "LBRUL LINUX"
DAMN YOU M_icro_Soft_NBC_news!!!
DAMN YOU BILL GATES!!
DAMN YOU G.E.!!!
DAMN YOU MSNBC!!!
-Yours truly,
The Outraged Sanctimonious Billdo
Dear self described Outraged Sanctimonious Billdo, I can't decide whether I want to recommend a therapist, a long term stay in a mental hospital or a better speechwriter for you. However, you definitely NEED HELP.
What is your point?
Grammie
"The liberal hypocrisy knows no boundaries" j. Can't wait for the liberal spin on this doozy!
Odormoronn has pals at Air (anti) America? Is Air (anti) America still in business?
Ya! Glad to see OlbermannWatch back. We need to hold all the bullsh-ters feet to the fire, just like all the Anti-Bill O'Reilly websites out there.
George Soros bought 2 Million Shares of Halliburton? Let's see if Keith makes him "Worst Person in the World".
Olbermann is a hack.
He's not going to say anything about Soros Halliburton connection. He's just Leftist propaganda.
I'm not sure if this qualifies, but here goes:
http://wonkette.com/politics/george-soros/george-soros-buys-2-million-shares-of-halliburton-241746.php
The lead in invites their friends in Iran to get out, since this purchase might indicate inside knowledge that Iran would be attacked.
R Cox is so right on. Here are the first and third posts from their deranged commenters:
" Image of ph7 ph7 says:
It would be even funnier for him to buy controlling interest of Halliburton, and open the books.
But I think if he did that, he'd probably commit suicide by drinking pulonium-210 tea, straight from Wyoming.
03/05/07 06:44 PM
Image of BaroqueObama BaroqueObama says:
Maybe he thought he could keep an eye on them by buying a big stake... like they'd let him in the room when they make their secret tax-dollar-thieving plans. They're probably spending a few million extra stolen tax dollars to stage fake board of directors meetings just for his benefit, to get some laughs. Or they could go the extra mile for the full alternate reality con... Soros will wake up in five years and realize he's on the Truman show.
03/05/07 08:57 PM"
Grammie
Nice to see scum bags like you are going out of buzzinezz.
Bush should be in JAIL, like you you f---ing scum bagz!!!!!
f--- You
My dear f--- You, I hope it was nothing I said that upset you so. Perhaps you just got up on the wrong side of the bed this morning.
Grammie
I would be interested to know what Soros is doing with the money he is making from his investment. That would be a good indicator of his motives, which may be a kick in the balls to all you who assume to know his motives.
By the way, keep up the good work Keith.
I wonder if George Soros purchase of $2 Million Shares of Halliburton is at all connected with Halliburton changing it's headquarters from the U.S. to Dubai.
OK Bush Supporters
Here's a simple math problem for ya!
WTF does 2 million shares X $31 USD have to do with a company with a market cap of $32 BILLION?
WTF does $62 million USD have to do with an estimated net worth of $8.5 BILLION?
COME ON! OUTRAGED Bush Supporters!
LET US Bush Supporters TIE OUR PANTIES IN A BUNCH OVER ANOTHER NON STORY!!
DAMN YOU M_icro_Soft_NBC_news!!!
DAMN YOU BILL GATES!!
DAMN YOU G.E.!!!
DAMN YOU MSNBC!!!
-Yours truly,
The Outraged Sanctimonious Billdo
My dear Sanctimonious, why do you self describe as a charlatan, crook or fake? I am eagerly awaiting your undoubtedly deep and nuanced explanation.
I am also very concerned for you. While reading your post I got an image of a purple red face with big bulging veins in the forehead and neck. That could be life threatening for you. You should seek help immediately. If not medical, at least some anger management courses.
What are you trying to say? I am a bit confused based on the years of castigating VP Cheney and President Bush over Halliburton.
I have never had a problem with corporations and their stockholders making profits. But many have for years been denouncing as blood money the profits of Halliburton. In fact, there have been many accusations of WAR PROFITEERING against Halliburton, their stockholders and anyone assocaited with them. And many of these accusations have come from George Soros's MoveOn.org. Since Soros funds MoveOn I think we can assume that years of accusations and denunciations against any Halliburton profits are in line with his position.
Now you come along and praise Soros because his investment and income from Halliburton is relatively small in comparison to his ENORMOUS WEALTH. I guess that makes his blood money (according to Soros and his fellow travellers) a pleasing shade of light pink.
My dear, sauce for the goose, sauce for the gander.
Grammie
OSB wrote "WTF does 2 million shares X $31 USD have to do with a company with a market cap of $32 BILLION? WTF does $62 million USD have to do with an estimated net worth of $8.5 BILLION?"
Nice try!
First, an investment of 62mm makes it one of the largest positions in the Soros Fund Management Portfolio.
Second, he is ADDING to a small initial position which suggests he might buy MORE stock (and may already have, the 2mm shares was as of 12/31/06).
Third, to put that amount in context 2mm shares would make George Soros the LARGEST direct share holder in Halliburton if he had bought the stock in his own name.
LINK: http://finance.yahoo.com/q/mh?s=HAL
Fourth, he owns the stock through his mutual fund so that is an institutional investment, as Soros Fund Management, he now controls one of the largest mutual fund holders of Halliburton stock. And unlike most funds, Soros has an inordinate amount of personal control over his fund.
LINK: http://finance.yahoo.com/q/mh?s=HAL
Fifth, he know owns enough stock to make a very credible run at a board seat at the next board meeting.
Sixth, this says nothing of who else Soros might be working with and what the aggregate position of his allies, if any, might be.
Seventh, what difference does the SIZE of the investment make; according to liberals Halliburton is the embodiment of evil in corporate America. By that logic it would have been OK for Citibank or Coca-Cola to retain investments in South Africa during Apartheid so long as they were only a small percentage of the overall assets of those companies (which they were). I seem to recall liberals being up and arms over PRECISELY this issue back in the 80's (hint: I worked at Citibank Corporate HQ at South Africa protesters were regularly lined up outside our offices)
I suppose it is no shock that OSB has not the faintest clue how Wall Street works but ANYONE buying in to a company with an opening purchase of 2 million shares is not a trivial event. When it is a famous investor like Soros it is a BIG DEAL.
Having had Soros as a customer back in my Forex trading days, I can tell you that it would not surprise anyone that has dealt with him to learn that Soros put money behind left-wing organizations like MoveOn with instructions to demonize Halliburton in order to drive the stock down so he could buy it on the cheap and turn an easy profit. I am not saying he did this, only that it would appeal to Soros to game the U.S. political system by funding political activists to drive down share prices in select companies and then buy them when he decided they were significantly undervalued. What would be the world's first blog-based arbitrage would have genuine appeal to Soros; the time frame of waiting several years for a trade to "ripen" is also in keeping with Soros' well-known trading strategy.
Whatever he is up to now, there is no just getting around the reality that the same guy who has funded anti-Halliburton liberal organizations is now a major holder of that same "evil" company.
You go Bob Cox, right on!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
YUM BRANDS INC COM 988498101 $27,007 459,300 SH
Now we know why rats are running around taco bell's and the greens are deadly. Leave it to the commiecrat's to wreak havoc on the middle class food choice's.
An e-mail from the rabid hounds I recieved inquiring about Georgie. Do I win a free round of rabies shots...LOL
Dick Cheney was required by law to divest himself of his Halliburton stock when he accepted the role of Vice President. He has zero shares because he (reluctantly) sold them.
He is still accumulating his profits, but they are "unexercised stock options" totalling $3.2 million which he will be able to use after he leaves the country to move to Dubai to take over Halliburton's shiny new headquarters in that Arab city. Thus he will be able to avoid prosecution for high crimes and misdemeanors perpetrated on the American people while in office and his company will reap the benefits of the Dubai tax structure.
Until recently, Cheney was unable to travel to France, because there was a warrant out on him for his role in a Nigerian shake-down scheme involving a Halliburton subsidiary while he was CEO.
And what about all those no-bid contracts KBR (now under investigation) got for Iraq? Our soldiers got blown up while waiting in line to eat because KBR wouldn't go to a 24-hour feeding schedule! The insurgents KNEW EXACTLY WHAT TIME our men and women would be lined up to eat each day!! And how about that polluted water they had to drink, you know, the water that caused multiple cases of skin infections?
You can put your criminal, draft-dodging Vice President on a pedestal and sing hosannas to his image! I wouldn't waste my time on him. He's a real hero alright, sitting on his fat butt raking in the bucks, happy that he took advantage of those 5 deferments from Vietnam.
I take philanthropist George Soros any day of the week! Cheney hordes his dough and Soros gives it away to multiple charities to try to make the world a better place.
Which rich guy do you think Jesus would bless?
Marie Therese
Must admit that when GWB was elected I invested in energies and defense issues; among many others, I bought Halliburton stock and options. It all worked out well.
Initially, there was no war -- I just happen to know that you invest where the powerful have their interests. As a libetarian, I preferred Bush to Gore.
Since the war, however, I've come to loath Bush. But, insofar as my portfiolio is concerned, I love him -- and Cheney too.
I learned long ago as a commodities trader that one can amass wealth thru war, pestilence and politics.
I actually like taking position against my political leanings, that way I can't lose. I love saying, for example: "Hey, if the trade doesn't work, at least there'll be no war."
Right now, I'm long crude oil options in antisipation of war with Iran. Go Bush!
Yahuda, thus you are saying commienuts like georgie haliburton soros actually are worse than any bush or cheney republican as they thrive on the lose of young soldiers lives for their profits? And isn't it ironic a rabid newsmutt would ask who Jesus would bless a christian or an atheist jewish communist. Thise mutts really need to get to the vets for those yearly shots.
Marie,
Care to provide a URL to one of those warrants that were issued in France against Chaney?
Because Gogole, this engine lefties love so much seem not to be able to find it.
Marie: Ya think maybe 'Nope' might not have been able to find anything because he spelled 'Google' as 'Gogole' and 'Cheney' as 'Chaney'? I also love his terrific command of grammar as evidenced by this quote; "this engine lefties love so much seem not to be able to find it".
I would say his post speaks for itself.
Thanks for being honest Yahuda. I certainly respect you for that. Honesty is not something you get from the right wing very often.
Please misunderstand me - I wasn't accusing you of being right wing.
scotty boy, do you have any idea how much blood your idol, g. soros, has on little grimey hands? You should do some research on the weasel when your not too busy defending someone you know nothing about..
SWEET!!
The Bush Supporters like to dig themselves dipper into the hole!
Robert Cox wrote:
>>First, an investment of 62mm makes it one of the largest positions in the Soros Fund Management Portfolio.
Not exactly. If you Bush Supporters want to make a blanket statement, here are the figures. Notice:
Title of Class - COM (for common stock), Number of Shares and Fair Market Value,
out of:
Form 13F Information Table Entry(ies) Total: 230
Form 13F Information Table Value Total: $3,070,333 (thousands)
Soros Fund Management LLC
Form 13F Information Table
Quarter ended December 31, 2006
Fair Market Shares or SH/
Cusip Value Principal PRN Put/ Shared- Shared- Other
Issuer Title of Class Number (in thousands) Amount Call Sole Defined Other Mngrs** Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
ADAMS RESPIRATORY THERAPEUTI COM 00635P107 $ 67,252 1,647,918 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
BLUEFLY INC COM 096227103 $62,207 48,599,355 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
CVS CORP COM 126650100 $67,130 2,171,800 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
DIAMOND OFFSHORE DRILLING INC COM 25271C102 $65,079 814,100 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
HALLIBURTON CO COM 406216101 $62,083 1,999,450 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
JETBLUE AWYS CORP COM 477143101 $95,219 6,705,587 SH X 1 X
------------------------------------------------------------------------------------------------------------------------------------
Of course, you Bush Supporters could care less about the remaining $2.5+ BILLION that the FUND has invested in different vehicles.
Read 13F-HR filed on 02/14/2007, for the "Quarter ended December 31, 2006," where YOU Bush Supporters are getting your panties tied in a bunch.
Robert Cox wrote:
>>Second, he is ADDING to a small initial position which suggests he might buy MORE stock (and may already have, the 2mm shares was as of 12/31/06).
-"ADDING"
as opposed to what? Buying to decrease the Fund's position?
-"suggest he might buy MORE"
Telll me all-seeing-BUSHWIPE: Clouds suggest that it is going to rain tomorrow?
Robert Cox wrote:
>>Third, to put that amount in context 2mm shares would make George Soros the LARGEST direct share holder in Halliburton if he had bought the stock in his own name.
LINK: http://finance.yahoo.com/q/mh?s=HAL
Third strike BUSHWIPE:
From your own link: http://finance.yahoo.com/q/mh?s=HAL
>>2mm shares would make George Soros the LARGEST direct share holder in Halliburton if he had bought the stock in his own name.
If Mr. Soros had. IF. Too bad HE didn't. It was the FUND.
If Saddam had had WMDs, YOU Bush Supporters wouldn't look like morons today. Too bad Chimp, and you, didn't listen.
Robert Cox wrote:
>>Fourth, he owns the stock through his mutual fund so that is an ++institutional investment, as Soros Fund Management,++ he now controls one of the largest mutual fund holders of Halliburton stock. And unlike most funds, Soros has an inordinate amount of personal control over his fund.
Once again, from YOUR OWN link, where I fail to see Soros Fund Management (can you count to 10?):
LINK: http://finance.yahoo.com/q/mh?s=HAL
+++TOP INSTITUTIONAL HOLDERS+++
Holder Shares % Out Value* Reported
AXA 83,404,365 8.29 $2,589,705,533 31-Dec-06
CAPITAL RESEARCH AND MANAGEMENT COMPANY 63,791,000 6.34 $1,980,710,550 31-Dec-06
WELLINGTON MANAGEMENT COMPANY, LLP 59,852,809 5.95 $1,858,429,719 31-Dec-06
FMR CORPORATION (FIDELITY MANAGEMENT & RESEARCH CORP) 43,842,533 4.36 $1,361,310,649 31-Dec-06
STATE STREET CORPORATION 42,366,462 4.21 $1,315,478,645 31-Dec-06
Barclays Global Investors UK Holdings Ltd 35,967,600 3.58 $1,116,793,980 31-Dec-06
VANGUARD GROUP, INC. (THE) 27,124,581 2.70 $842,218,240 31-Dec-06
MONTAG & CALDWELL, INC. 22,818,256 2.27 $708,506,848 31-Dec-06
UBS GLOBAL ASSET MANAGEMENT 20,893,875 2.08 $648,754,818 31-Dec-06
Mellon Financial Corporation 13,937,653 1.39 $432,764,125 31-Dec-06
Robert Cox wrote:
>>Fifth, he know owns enough stock to make a very credible run at a board seat at the next board meeting.
Ahem.
George Soros could own ZERO Halliburton shares to have credibility.
Robert Cox wrote:
>>Sixth, this says nothing of who else Soros might be working with and what the aggregate position of his allies, if any, might be.
As opposed to what?
Since Mr. Soros donated to the LBRULS, HE +MIGHT+ be funding Al-Quaeda.
WHY DOES MR. SOROS HATE AMERICA?
Robert Cox wrote:
>>Seventh, what difference does the SIZE of the investment make; according to liberals Halliburton is the embodiment of evil in corporate America. By that logic it would have been OK for Citibank or Coca-Cola to retain investments in South Africa during Apartheid so long as they were only a small percentage of the overall assets of those companies (which they were). I seem to recall liberals being up and arms over PRECISELY this issue back in the 80's (hint: I worked at Citibank Corporate HQ at South Africa protesters were regularly lined up outside our offices)
LOL! "Mr. Journalist Robert Cox" had to finish with a non-sequitour!
+According to Bush Supporters, EVEEEEL GODLESS MUSLIMS are coming to get us!!!
+By that logic it would be PERFECTLY OK TO BOMB MECCA!!
+Oh wait... the Saudis are the "good Muslims"
Robert Cox wrote:
>> I suppose it is no shock that OSB has not the faintest clue how Wall Street works but ANYONE buying in to a company with an opening purchase of 2 million shares is not a trivial event. When it is a famous investor like Soros it is a BIG DEAL.
Having had Soros as a customer back in my Forex trading days, I can tell you that it would not surprise anyone that has dealt with him to learn that Soros put money behind left-wing organizations like MoveOn with instructions to demonize Halliburton in order to drive the stock down so he could buy it on the cheap and turn an easy profit. I am not saying he did this, only that it would appeal to Soros to game the U.S. political system by funding political activists to drive down share prices in select companies and then buy them when he decided they were significantly undervalued. What would be the world's first blog-based arbitrage would have genuine appeal to Soros; the time frame of waiting several years for a trade to "ripen" is also in keeping with Soros' well-known trading strategy.
Whatever he is up to now, there is no just getting around the reality that the same guy who has funded anti-Halliburton liberal organizations is now a major holder of that same "evil" company.
Robert Cox wrote:
>>... it would not surprise anyone that has dealt with him to learn that Soros put money behind left-wing organizations like MoveOn with instructions to demonize Halliburton in order to drive the stock down so he could buy it on the cheap and turn an easy profit. I am not saying he did this...
Uh, oh... Yes, you are saying it. You are full of bullsh-t, ehr, partisan speculation.
Furthermore, from the 5-year chart, Halliburton at $30 +/- is not "cheap".
Glad to see you are working to keep those "high journalistic standarts" you BUSHWIPE bloggers love so much.
NEXT!!
-Yours truly,
The Outraged Sanctimonious Billdo
As long as Soros throws money at liberal causes, they'll think he's a God. They allow no contrary words about Keith on the liberal blogs because he "speaks their side". So why do you think they'd speak criticisim of Soros when he funds organizations like moveon.org?