"A child's learning is the funtion more of the characteristics of his classmates than those of the teacher." James Coleman, 1972

Friday, June 18, 2010

Why Were Goldman Sachs and Tony Hayward Dumping BP Stock Before Explosion?

If the dots are connected on this one, it could signal the end to two of the largest corporate cesspools in the world.  From Alex Jones' InfoWars.com:

BP was aware of cracks appearing in the Macondo well as far back as February, right around the time Goldman Sachs and BP Chairman Tony Hayward were busy dumping their stocks in the company on the eve of the explosion that led to the oil spill, according to information uncovered by congressional investigators.
The Mining and Mineral Services agency released documents to Bloomberg indicating that BP “was trying to seal cracks in the well about 40 miles (64 kilometers) off the Louisiana coast,”according to the report.
The fissures, which BP began to attempt to fix on February 13, could have played a role in the disaster, though this is a question still being explored by investigators. Improperly sealed, the cracks cause explosive natural gas to rush up the shaft. . . .
. . .Highly suspicious stock and share trades by people connected to BP before the explosion indicate some extent of foreknowledge.
Goldman Sachs dumped 44% of its shares in BP Oil during the first quarter of 2010 – shares that subsequently lost 36 percent of their value, equating to $96 million. The current chairman of Goldman Sachs is Bilderberg luminary Peter Sutherland, who is also the former chairman of British Petroleum.
Furthermore, as reported by the London Telegraph on June 5th, Tony Hayward, the current BP CEO sold £1.4 million of his shares in the fuel giant weeks before the spill. . . .

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