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Article Source: Raw StoryFirm's stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. 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.
Jim Barlucci 06/04/2010 03:50 PM
This was no accident. Goldman Sachs was heavily shorting Transocean and related stocks several days before the "blowout." This means someone knew what was coming, although this glaring fact should surprise no one. Wall Street and the CIA are joined at the hip, often interchanging their executives in a revolving door cycle emphasizing the greed, power and information needs of both the intelligence services and the financial industry. When was the last honest deal brokered by Goldman Sachs anyway?
#1 - Sun Aug 29, 2010 7:59 AM EDThmmmmm and goldman sachs was obamas top donor during his election.....hmmmmmmmmmm
anyone awake??
http://www.cnn.com/2010/POLITICS/04/20/obama.goldman.donations/index.html
Thanks James. Yes I am quite sure there are a few. That's the problem. We need "Mass Awakening" (not the zombie type, have enough of that zombie well.)
From Robert Yoon, CNN Political Research Director
April 20, 2010 -- Updated 2150 GMT (0550 HKT)
Strange that you should quote this particular article by CNN. I just happen to notice the date was 20 April 2010. There was no specific event in the article; just general info. Was it just coincidence or was the author trying to tell us something. Ignore this if it is merely coincidental.
i dont know what to make of this mess anymore...the corporation/government/media marriage makes me very confused.
all i know is that we need a change and fast....the continued road to serfdom is very troubling to me.
peace.
oh and by the way I found another article which gave the amount but had goldman sachs as his second donor...the first being the university of california.
interesting...our education system as well.....hhhhhhhhmmmmmm
would that influence the curriculum?
hmmmmmmm
can someone say...insider trading. Methinks that many people high in corporations do it but who besides Martha Stewert go to jail for it, especially when they are far more deserving!
Was there other evidence of insider information at Goldman Sachs? Many investors bail when management starts selling large blocks of shares.
Does anyone know if BP had to file an intent to sell the stock - or whether Britain has or enforces insider trading rules? I didn't find much when I tried to look it up.
#2 - Sun Aug 29, 2010 10:25 AM EDTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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