Let's go through a simple exercise:

Hali stock goes up. Does Cheney make money? No.
Hali stock goes down. Does Cheney make money? No.
Hali has record profits. Does Cheney make money? No.
Hali goes bankrupt. Does Cheney make money? No.

He has deferred compensation that is insured. Note Deferred. In case some of our slower people do not understand, deferred means that he has already earned this income. It is insured. His income will not change no matter what happens to Hali.

Now if he can not benefit in any form, how is there a conflict?

Apparently it's not just things that are disproved weeks ago but instead years ago.