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-Signs, Portents, and the Weather-
George Soros Buys Halliburton Stock
2007-03-01
In a delicious irony, Foreign Policy magazine editor Mike Boyer reports at the magazine's blog FP Passport that SEC documents reveal that George Soros bought 1.9 million shares of Halliburton stock in the fourth quarter of 2006.
To be precise, George Soros' fund, Soros Fund Management LLC, owns the shares.

Soros gave more than $20 million to "527" organizations in the 2004 election, many of which used anti-Halliburton bashing as a rallying cry for the anti-war Left.

Writes Boyer:

Normally, I'm willing to overlook the hypocrisy of the liberal elite. If Al Gore and his Hollywood cronies want to fly around on gas-guzzling, atmosphere-polluting private jets while railing against global climate change, I'm willing to overlook it.

But the latest move by globe trotting, hyper-liberal billionaire George Soros borders on being too much.... Soros, of course, is the dean of Democratic money giving. And Halliburton, of course, is the company that embodies everything the Democrats see as evil. Dick Cheney is its former chief, for goodness' sake.

How can you not laugh at this development? The possibilities for amusement are wonderful...

Irritate your moonbat friends: proclaim "George Soros is a war profiteer!" and wave the SEC filings in their faces.
Posted by:Mike

#15  he could just be cashing in on the deflation in the stock caused by his ranting and other propaganda. one could only hope there was an alternative universe where he could be accused of price manipulation through the use of his 527s
Posted by: Abu do you love   2007-03-01 22:22  

#14  Heh. He knows somthing.

Also, love the logo!
Posted by: Brett   2007-03-01 21:53  

#13  It is not 1.9% but 0.19%

Correct (pardon my math error), which puts any hope of getting a seat on the board another order of magnitude out of his reach.
Posted by: Mike   2007-03-01 17:52  

#12  He's up to something

Making a scene/statement at the shareholders' meeting, I would guess.
Posted by: occasional observer   2007-03-01 17:00  

#11  Don't worry, Georgie. As you will find out, Soylent Green is only made of poor people.
Posted by: Halliburton: Soylent Green Division   2007-03-01 15:57  

#10  He's up to something.
Posted by: anonymous2u   2007-03-01 15:41  

#9  It is not 1.9% but 0.19%
Posted by: JFM   2007-03-01 14:45  

#8  He can, however, stand outside and wring all the hide off his hands.
Posted by: Deacon Blues   2007-03-01 14:31  

#7  How many seats on the Halliburton board can be controlled with 1.9 million shares?

With a billion shares issued and outstanding, Soros now owns a whopping 1.9% of the outstanding shares. Unless Halliburton has cumulative voting and a really big board of directors, so that Soros would have a larger multiple of 1.9%, I'll bet he can't get even one seat.
Posted by: Mike   2007-03-01 14:11  

#6  Halliburton's financials state they have just shy of 1 billion shares of stock. Soros is going to have to pony up a lot more $$$ before he gets into that boardroom.
Posted by: Dreadnought   2007-03-01 13:57  

#5  seafarious

Halliburton has a market cap of about $30B and at least a dozen mutual funds own 10 million or more shares. Soros could probably get one seat on the board of directors if he wanted it.

also, my family owns a bit (less than 1000 shares) of stock in Halliburton as well.
Posted by: mhw   2007-03-01 13:56  

#4  How many seats on the Halliburton board can be controlled with 1.9 million shares?
Posted by: Seafarious   2007-03-01 13:46  

#3  Thanks, George. This will go a long way towards helping us continue our vital work.
Posted by: Halliburton: Earthquake/Tsunami Division   2007-03-01 13:43  

#2  George Soros Buys Halliburton Stock

HA! Soros only thinks he has a free will!
Posted by: Halliburton Div of Telepathy Control   2007-03-01 13:41  

#1  So, he joins michael moore.
Posted by: anonymous5089   2007-03-01 13:41  

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