You are full of crap and you know it. This is a 100% false statement : The fact Cheney had purchase an insurance policy just in case the company went bankrupt should give you a clue that general creditors do in fact have access to deferred compensation plans.
The argument here, is that because of the insurance policy (paid for by Sir Dick himself) he no longer had a financial tie to the company as he was not dependent upon its solvency for payment. It, of course, ignores the inherent huge conflict of having been the CEO just moments ago. And the appearance of conflict, which undermines confidence. It also ignores the conclusions of the congressional committee.
Cheney obviously bought a policy to protect himself because he(unlike T_J) actually understands the risk of deferred compensation. For T_J, to make a blanket statement that is completely false is laughable: His tone is completely condescending and wrong.
Poor little RIET. He thought he had this great plan concocted to finally trap The_Conquistador! Sadly he fell flat on his little face. You learned your lesson, friend! It's a shame that the only argument the liberals have been reduced to in this thread is a hypothetical Halliburton-bankruptcy case. How ridiculously unlikely. This is yet another sign that they have been annhiliated in this thread. There is no financial tie, no matter how horribly the liberals attempt to grope and google to understand finance. Sorry libs. You're out of your league on this one. The fact remains that Dick Cheney does not benefit from the level of success of Halliburton. There remains no conflict of interest. There is no financial tie. CASE CLOSED
I don't know about others, but for me, even if I'm not paying attention to the debate, one of the surest signs I have of T_J having lost again is the declaration of victory. If he posts a pic, it's conclusive.
You crack me up buddy. Friendly little wager: $100 to the tip jar. NQ Deferred Comp assets are available to creditors in bankruptcy. Take the bet. Deferred comp is a great executive benefit but with a major weakness - which allows it to fly under the ERISA discrimination rules. Can you guess what that is?
