Did Goldman Sachs short the Gulf Explosion?Submitted by JoeDanger on Sun, 05/09/2010 - 16:26
There is some controversy over whether or not certain people knew in advance about the Gulf of Mexico rig explosion.
There was a report that certain people 'betted' on TransOcean stocks falling.
The report has been described as 'satire'.
We have read that someone did indeed short the Gulf of Mexico
Reportedly, someone placed 'shorts' on TransOcean stock days before the explosions in the Gulf of Mexico.
Reportedly, Goldman Sachs did the same with airline stocks prior to 911 and again with the housing bubble.
A. True Ott, Ph.D., wrote the following:
I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem".
Was it Goldman Sachs?
Reportedly, Dr. Ott has confirmed from two sources that Goldman Sachs was in on the shorts being placed on TransOcean stock. (See Email from Don Nicoloff documenting Goldman Sachs short puts on TransOcean stock.)
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