From: The Raw Story
Goldman Sachs sold $250 million of BP stock before spill
Anyone know the odds on this one?
Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter.
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From: The Radio Patriot
Now that is a great question.
Firm's stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment.
The sale of stock just prior to the spill has led some to allege that Goldman Sacs knew of the pending “accident” that caused the oil spill. The “accident” would give added public opinion for the cap-and-trade bill [currently] proposed by Kerry and others.
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From: The World's Prophecy
Goldman Sachs and BP chief Tony Hayward sold shares weeks before oil spill
Curiouser and curiouser. . .
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
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