Summary of The Halliburton Agenda

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Rating

7 Overall

7 Innovation

8 Style


Recommendation

Author Dan Briody has written a book that goes beyond pundit finger-pointing over the controversial "no-bid" contracts relationship between Halliburton and Vice President Dick Cheney. This is a serious examination of the high-octane blend of profit and politics that fuels the Bush administration’s agenda. Briody begins with an extensive history of two Texas companies, Halliburton and Brown & Root (now KBR). He deftly portrays how they made their fortunes despite Great Depression hardships, World War II and political intrigues aplenty. Briody pulls no punches while maintaining a reportorial (if not totally objective) tone, although people who hold different political views might argue with his opinions and conclusions. getAbstract recommends this saga to anyone looking for a deeper understanding of the ongoing tryst between corporate America and its politicians. While this book is not presented as a smoking gun, it portrays insider politics that smolder like an oil fire you can’t quite extinguish, leaving sort of an ugly haze.

In this summary, you will learn

  • How two great American companies - Halliburton and Brown & Root - were started and eventually merged;
  • How politics and influence were essential in Brown & Root’s success;
  • How Dick Cheney came to run Halliburton; and
  • How the potent mix of business and politics continues to feed Halliburton’s success.
 

About the Author

Dan Briody is an award-winning business journalist who appeared as an expert in Michael Moore’s Fahrenheit 9/11. He previously wrote The Iron Triangle: Inside the Secret World of the Carlyle Group. He has also written for numerous major magazines.

 

Summary

Modest Beginnings
The story of Halliburton, a company that now has more than $13 billion in annual revenues, began with the birth of Erle Palmer Halliburton outside Memphis on Sept. 22, 1892. Erle was one of five children. His father, handyman Edwin Gray Halliburton, died when the boy ...

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