But the latest move by globe trotting, hyper-liberal billionaire George Soros borders on being too much. According to papers filed with the SEC, in the fourth quarter of 2006 Soros purchased nearly 2 million shares of … hold your breath … Halliburton. The Halliburton shares reportedly went for an average purchase price of $31.30 a share. That puts Soros’ total investment in Halliburton at around $62.6 million, or about 2 percent of his total portfolio.
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Soros’ position in Halliburton is reported to be his first, which means he bought it with a full understanding of Halliburton’s reputation. Soros may not see a problem with profiting from a company that has been accused of everything from sweatheart deals to cooking the books to serving U.S. troops lousy food in Iraq. The real question, however, is whether MoveOn.org, the Center for American Progress, and other organizations that have benefitted from Soros’ charity will see a problem with accepting money earned off Halliburton shares?
Something tells me they won’t mind profiteering off the war; the very claim they make against all them thar neocons constantly.
Foreign Policy Magazine via Mary
[tags]soros, hypocrite, halliburton[/tags]