[kj] [OT] BP's latest failed attempt at stopping the leak...

[Matthew Burke]

True, especially since the numbers for Goldman Sachs' dump include the entire first quarter.  However their activity still looks slightly weighted to me: http://moneycentral.msn.com/ownership?Holding=Institutional+Ownership&Symbol=BP  (you'll also notice that Wells Fargo bought up much of what its subsidiary Wachovia sold off.)  As for shorting, after a number of outlets ran with a satirical piece from Huffington Post, I still see tell of an SEC investigation into actual shorting of Transocean that did occur, though I can't find any substantiation in mainstream news.

To continue my devil's advocacy: what's your opinion of Halliburton acquiring a company specializing in "prevention and risk-control services 
for oil- and gas-well fires and blowouts," the week before the explosion?  Normal behavior for a company that services the petroleum industry, or the act of an alien-lizard controlled Vatican?


Date: Thu, 17 Jun 2010 16:54:43 -0700
From: saulomar1 at yahoo.com
To: gathering at misera.net
Subject: Re: [kj] [OT] BP's latest failed attempt at stopping the leak...





> ..Abnormal market activity...

 
I don't see it abnormal at all from the looks of their performance. By the looks of their recent performance, i think most anyone (except a very long-term investor) would have sold off their BP shares long before the Deepwater Horizon blowout, in either mid-Jan 2010 when the price fell below that red line or in mid/late-March when it rose above that red line but then started to dip again.  I know all the major players like Goldman Sachs may have their own reasons but, in my view, there were more than enough overt reasons to be out of BP before the blowout of April 20.  
Now if there would've been massive "shorting"of BP a la 9/11, that would be even more sinister...
 
Just my two sand-dollars' worth (and all covered in oil).




From: Matthew Burke <marsboy1 at msn.com>
To: gathering <gathering at misera.net>
Sent: Thu, June 17, 2010 3:43:17 PM
Subject: Re: [kj] [OT] BP's latest failed attempt at stopping the leak...



Abnormal market activity was what got me suspicious is the first place, as Goldman Sachs dumped over 50% of its BP shares in the month leading up to the spill (saving nearly $100M I believe), as well as Wachovia and UBS who sold nearly 100% of their shares.  Add to that the chief executive of BP sold about 1.5 million pounds of his shares a week before the spill.  I also recently learned that the chairman of Goldman Sachs International was, until last year, the chairman of BP.
 
And it seems that corporations as big as BP never flush, they just change their name, form subsidiaries and contiue to spin around the bowl.  As one of the biggest lobbyists for cap and trade legislation I'm sure they can't be upset about the renewed discussion of such taxation in the states as a result of the spill either.
 


From: bq at soundgardener.co.nz
To: gathering at misera.net
Date: Fri, 18 Jun 2010 00:45:34 +1000
Subject: Re: [kj] [OT] BP's latest failed attempt at stopping the leak...





You have to remember though that BP will possibly flush as a result of this, millions of shareholders will be hit (and yes I know all this says nothing about the environmental and human impact of the disaster itself, I’m just looking at it from the angle of why any secret power would do this)
 
You’d expect to see abnormal market activity in BP shares before the event if it happened too...
 


From: gathering-bounces at misera.net [mailto:gathering-bounces at misera.net] On Behalf Of Matthew Burke
Sent: Thursday, 17 June 2010 2:46 PM
To: gathering
Subject: Re: [kj] [OT] BP's latest failed attempt at stopping the leak...
 
I will reinsert that I introduced the blog as representing an interesting theory on the spill, before I'm given some crackpot award.  

However,

if anyone has any thoughts on whether this might have been done on purpose, the concept has crossed my mind a few times since this began.




> From: planetary at socal.rr.com

> To: gathering at misera.net

> Date: Wed, 16 Jun 2010 20:28:08 -0700

> Subject: Re: [kj] [OT] BP's latest failed attempt at stopping the leak...

> 

> folk devil wrote:

> 

> > saulomar1 at yahoo.com wrote: 

> 

> > Where do you get your info, and none of this "I've been roaming the Earth, going in and out of it" nonsense.

> 

> from Matthew's link

> http://www.kerrydean.com/news/11-reasons-bp-gulf-oil-spill-disaster-should-scare-everyone/

> 

>

 ++++++++

> 

> That guy has no idea what he's talking about. He's parroting questionable theories and adding his own distorted, uninformed spin.

> 

> T.B.

> 

> 

> 

> _______________________________________________

> Gathering mailing list

> Gathering at misera.net

> http://four.pairlist.net/mailman/listinfo/gathering

 		 	   		  
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