Halliburton not "named and shamed" in SEC terror list

The US Securities and Exchange Commission, writes the BCC, is out to "name and shame" companies that are doing business with "state sponsors of terror," as identified by the Secretary of State. A "terror list" on its website features names of firms who listed business dealings with Cuba, Iran, North Korea, Sudan or Syria in their 2006 annual reports.

Some groups are displeased, like the oil firm Baker Hughes, which makes the list even though it says it stopped doing business with Sudan two years ago. A glaring omission: Halliburton, Dick Cheney's old company, has for years done business with Iran through an off-shore subsidiary it set up in the Cayman Islands. It ceased operations in Iran in April 2007.

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