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2/15/2005

SEC SHIELDS HALLIBURTON

Contrary to what it previously promised investors, the SEC ruled Feb. 7 that executives of scandal-plagued Halliburton Co. can exclude a shareholder proposal from the AFSCME Pension Fund and the Connecticut Retirement Plans and Trust Funds. The proposal asks the company to allow investors to nominate their own candidates to the company’s board of directors. Vice President Dick Cheney served as Halliburton CEO from 1995 to August 2000, when Bush chose him as his vice presidential running mate.

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