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Really folks... we're ruled by morons... Godless, greedy, bloodsucking, murderous morons, but morons nonetheless.
PILGRIM wrote:You forgot the undersea UFOs. One or more crash landed when diving under the surface, exploded with tremendous force and opened up these huge, leaking holes and fissures. Yes, that must be it. They may also have been working for BP/ZOG at the time.
And while this is true Victor:Really folks... we're ruled by morons... Godless, greedy, bloodsucking, murderous morons, but morons nonetheless.
We already know this and it is mundane and rather boring. The answer can't be this simple.
Financiers Goldman Sachs not only fortuitously dumped millions of its shares in the British oil company, but has strong financial links to the chemical clean up firm tackling the disaster. Moreover, the Wall Street giant's new chairman was boss of BP only three months before.
Sections of the blogosphere are running into overdrive at the stark fact that Goldman Sachs Management (US) sold 6,025,387 of its shares in the British oil giant, BP on March 31, 2010 just days before the rupture of a pipe extracting deep sea oil
The sell off represented 43.7 per cent of the total BP stocks owned by the Wall Street powerhouse, reaping $276,770,112. However, the sale accounted for just under 0.5 per cent of the firm’s total investments. BP shares have fallen 12 per cent since the disaster.
‘Lucky’ for Goldman Sachs
The Wall Street sell off was unprecedented and stood out from all other transactions at a time when BP shares were being bought rather than sold. This sell-off may represent the largest single liquidation of petroleum stocks in the history of modern markets.
Even more fortuitous for Goldman Sachs is that the crisis may be a boon for its business in more ways than one. Jo Anne Mor, of Blogster has compiled a swathe of documents she claims proves that Chicago-based NALCO, the environmental clean up company contracted to help deal with the crisis, is not only part-owned by Goldman Sachs but has other prominent links, too.
Its parent company, UChicago Argonne, received $164 million dollars in federal stimulus funds this past year. Mor claims that, “NALCO is also associated with Warren Buffett, Maurice Strong, Al Gore, Soros, Apollo, Blackstone, Goldman Sachs, Hathaway Berkshire.”
Former BP Chairman now Boss of Wall Street Firm
In what also may be coincidence and not a pointer to a scandal, is that BP’s former Chairman, Peter Sutherland, left the firm to become Chairman of Goldman Sachs International. No one is yet claiming insider dealing but website, ‘Beforeitsnews,’ reports on the connection in tongue in cheek fashion with its article, ‘A Series Of Lucky Coincidences Involving Goldman Sachs And BP plc’ (June 9, 2010). The mega-sale went ahead despite a recent ‘Buy’ rating attached to the UK energy firm.
The website reporter states, “the fact that GSAM did not follow the recommendations of its very own analyst is not peculiar. We have long pointed out that Goldman does precisely the opposite of what it advises its "clients" to do. What is slightly more troubling is the combination of Mr. Sutherland’s departure from BP effective January 1, the release of his fiduciary obligations…”
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