kathaksung
Well-Known Member
- Joined
- Jun 26, 2008
- Messages
- 160
Goldman Sachs knew Gulf oil leak in advance.
No joke: Goldman Sachs shorted Gulf of Mexico
It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.
by Sterling D. Allan
Pure Energy Systems News
On Apr. 30, the Huffington Post published a story stating:
In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water.
The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf.
http://pesn.com/2010/05/05/9501645_No_joke--Goldman_Sachs_shorted_TransOcean/
No joke: Goldman Sachs shorted Gulf of Mexico
It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.
by Sterling D. Allan
Pure Energy Systems News
On Apr. 30, the Huffington Post published a story stating:
In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water.
The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf.
http://pesn.com/2010/05/05/9501645_No_joke--Goldman_Sachs_shorted_TransOcean/