Apparently, while Dick Cheney was at the helm of oil exploration giant, Halliburton, raking in the dough his company engaged in the same economic strategy as Enron. In fact, the toothless SEC is investigating the ‘fuzzy math’ Halliburton used when cooking its books.
In a statement Tuesday night, Halliburton said the S.E.C. was investigating a change in its accounting practices that enabled the company to postpone possible losses of hundreds of millions of dollars. Halliburton did not reveal the change to investors for more than a year after instituting it.