<--Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai and the Dickster...
Washington: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, will address the World Economic Forum on the Middle East in Dead Sea, Jordan today.Shaikh Mohammad will speak on leadership and education in the Arab world, and is expected to announce an initiative at the forum. More than 1,000 delegates, including 16 heads of state, gathered for the two-day annual conference held this year in Jordan.
On Friday, Shaikh Mohammad on Friday his meetings with senior current and former US officials.Shaikh Mohammad met with United States Vice-President Dick Cheney at Vice-President’s residence in Washington, D.C. Present were Shaikh Abdullah Bin Zayed, Elizabeth Cheney, daughter of Cheney, Saqr Gobash, UAE Ambassador to the US and Yousuf Al Otaiba, Director of International Affairs Department at the Crown Prince’s Court. Cheney held a luncheon in honour of Shaikh Mohammad and Shaikh Abdullah.
Shaikh Mohammad expressed hopes that the recently launched Council, a collaboration of leading companies in the US and UAE committed to expanding commercial ties between the two countries, would generate momentum to the already strong ties.
Meanwhile at Halliburton:
Halliburton CEO Exercises Options
NEW YORK — The chairman, president and chief executive of oilfield services conglomerate Halliburton Co. exercised options to buy 33,333 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing.In a Form 4 filed with the SEC Thursday, David J. Lesar reported he exercised the options Wednesday for $13.02 apiece and then sold 49,953 shares Wednesday and Thursday for $35 to $36 apiece.The stock sale was conducted under a prearranged 10b5-1 trading plan that allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Why is Lesar exercising his options now? And I wonder if the Dickster will exercise his options? How is the Dickster's cash cow doing lately?
WASHINGTON: President George W Bush held assets worth $7.5 million to $20 million last year, but was eclipsed by his vice president’s wealth, financial records released on Tuesday showed.Bush’s assets included his 1,600-acre ranch in Texas, valued at $1 million to $5 million, where he usually spends his vacations. He also reported assets of $775,689 from a limited liability company established in 2003 to produce trees for commercial sales, which were expected in 2007. Among his holdings were certificates of deposit, treasury notes, a qualified diversified trust and $116,000 assets of the GWB Rangers Corp, which is wholly owned by Bush from when he was co-owner of the Texas Rangers baseball team. Cheney, meanwhile, reported assets valued at $21 million to around $100 million. He gained much of his wealth from his former role heading oil service firm Halliburton Co.
Cheney’s largest holdings included investments in an American Century Investments International Bond Fund and a Vanguard short-term tax-exempt fund. He also has 100,000 Halliburton stock options that are unexercised and designated for charity.
The financial disclosure statements only give the value of assets in ranges.
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