Goldman Sachs sold BP stock right before explosion

[sgreger1]

I knew it:

March 31st, 3 weeks before explosion GS sold 4,680,822 shares of it's stock in BP:






But is that all, no not by a long shot:


If I shorted Gulf stocks the day before this platform explosion and bought a company that puts out oil well fires the week before, I'd have the FBI at my door within hours.

Halliburton bought a company called Boots & Coots which became well known for putting out some of the world's largest oil and gas fires. 8 days before the disaster http://www.chron.com/disp/story.mpl/business/69...

Goldman Sachs shorted the Gulf Oil stocks the day before the accident http://www.examiner.com/x-8199-Breakthrough-Ene...

http://investorshub.advfn.com/boards/read_msg.a...

Cementing of the oil rig well was finished only 20 hours before the explosion http://www.npr.org/templates/story/story.php?st...

BP sent workers from the well head testing company home 11 hours before the explosion on April 20 -- "without performing a final check http://www.huffingtonpost.com/2010/05/20/bp-smo...

A team from Schlumberger, which is highly regarded for their safety, asks a BP company man to use the Cement Bond Log (CBL) to dump fluid down the well and BP's company man refused. Schlumberger rep decides to leave citing safety issues but only if they called in their own transport as BP rep would not let Schlumberger leave on a BP Chopper.
http://adropofrain.net/2010/05/rumor-schlumberg...

[LaZeR]

Oh my. I don't like the looks of this.

[truthwolf1]

They are going to get away with it like they always do. Dead gulf, high gas and seafood prices.
Southern real estate and gulf business "Kaput".
This will somehow tie into some controversial legislation.

Taxpayers will flip the entire bill to attempt to clean up the toxic beach.

[sgreger1]

They are going to get away with it like they always do. Dead gulf, high gas and seafood prices.
Southern real estate and gulf business "Kaput".
This will somehow tie into some controversial legislation.

Taxpayers will flip the entire bill to attempt to clean up the toxic beach.

Don't forget the feds taking forever to do anything and forcing states to wait for weeks to get permits to set up preparations before oil reaches shores. They do this because the worse this gets, the more legislation they can pass and tack all kinds of crap to it.

I can see it now, Bill: SB 2,000: The "Clean oily beaches to restore american freedom and go green, patriot, remember 9-11, terrorists, founding fathers act" (80% of it will be pet projects and other completely unrelated funding for things having nothing to do with oil cleanup, but they must pass it so they don't look bad for voting against oil cleanup)




If anyone wants to read THE BEST article on this whole thing, read the Rolling Stones article at this link, it gives information on just how corrupt and involved Obama and his admin has been in creating this disaster. (You know those liberals at Rolling Stone): http://www.rollingstone.com/politics...RS_show_page=2

[truthwolf1]

[LaZeR]

...I can see it now, Bill: SB 2,000: The "Clean oily beaches to restore american freedom and go green, patriot, remember 9-11, terrorists, founding fathers act" (80% of it will be pet projects and other completely unrelated funding for things having nothing to do with oil cleanup, but they must pass it so they don't look bad for voting against oil cleanup)

"Don't let a perfect disaster go to waste..."

-Barack Hussein Obama

[sgreger1]

"Don't let a perfect disaster go to waste..."

-Barack Hussein Obama

Never let a crisis go to waste... Rahm Emanuel






I love the timing of everything too. Goldman come sunder investigation right as they bring financial reform bill to the table
Then now a oil spill right as they bring the cap and trade plan to the table



Has anyone noticed that since 9-11, everything is just timed too perfectly? Like Osama releasing a video right before an election, like everything we see. It just seems like everything is to perfectly timed to be anything other than man made.

[Jwalker]

2/5 of the stocks being sold looks suspicious. What would be the point of intentionally letting the well blow up though? Why would transocean and Bp play along with that? Halliburton is an oil business and they did do the concrete foundation of the oil well since that's the business they're in. Goldman Sachs are regarded as geniuses in stock but they didn't see the housing bubble until it was way too late.

[Frosted]

You're going to get yourself 'deleted' Sgreger.

[sgreger1]

2/5 of the stocks being sold looks suspicious. What would be the point of intentionally letting the well blow up though? Why would transocean and Bp play along with that? Halliburton is an oil business and they did do the concrete foundation of the oil well since that's the business they're in. Goldman Sachs are regarded as geniuses in stock but they didn't see the housing bubble until it was way too late.

Oh they saw the housing bubble just fine. Everything they do is expertly coreagraphed from where i'm lookin. They take a loss here just to gain more over there. They profitted just fine on the housing bubble, they knew it would collapse so they bought a giant insurance policy, and upon the market crashing the feds bailed out the insurance company so GS could get their insurance check. =profit.

I didn't buy the conspiracy that they let it blow because it wasn't necessary to explain the event. I mean there were blatant safety violations, the MMS has provided no oversight, BP has always had a terrible safety track record,and the guy Obama appointed to reform the MMS and make sure oil companies were put in check did the exact opposite, making it more lax then when Bush was in and expanding drilling.

If there were a conspiracy, I am not sure how this is of benefit. I mean there are individual benefits for everyone here, and it may be part of something larger, but really I don't know how this would benefit BP. BP is a huge global warming proponent and has launched a lot of effort into getting cap and trade legislation passed, and this may be a giant publicity stunt or something, though I doubt they would ruin the gulf just to make money... wait I take that back.


It just seems like I keep hearing the same names every time something awefull happens, you know? Goldman Sachs could turn a profit even if the end of the world came. I mean if right now the rapture happened, you can bet Goldman Sachs added up how many believers and non believers there are and then shorted the stock on the one with fewer numbers. Even that anology doesn't do them justice, if they knew the rapture was coming, they would convince everyone to convert to budhism, meanwhile putting all of their money on christians. It just seems some of these guys always are 1 step ahead, even of natural disasters.




I'm not saying there is a conspiracy because this whole thing looks like lax safety standards, but there sure are a lot of coincidences going on here, like every failsafe including the blow out preventor failing all at once. Then they have no plan in place to fix it. People being sent home early that day without finishing their safety checks etc. And now I find out that our favorite investment firms sold 44% of their stock 3 weeks before it blew, as well as put a short on the stock the day before the explosion? I mean I understand shit happens but something does smell fishy to me, just not sure what it is yet.