Goldman Sachs sold 44% of its BP Stock, Three weeks before the Oil Rig disaster.
Submitted by bobbyw24 on Wed, 06/02/2010 - 08:35
in
Want Proof? HERE IT IS... http://moneycentral.msn.com/ownership?Holding=Institutional+... This is a list of the institutional owners of BP stock. This is NOT private owners. There are 350 million shares of BP. Financial Institutions own roughly 40% of BP. Goldman Sachs (on March 31st) owned 6 million shares...after it sold 4.7 Million shares. WHAT DID THEY KNOW?
http://www.freedomsphoenix.com/News/069659-2010-06-01-goldma...
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CAP AND TRADE
CAP AND TRADE
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
Sorry about that bigmikedude
Try this.
Haliburton - Boots and Coots
http://www.chron.com/disp/story.mpl/business/6952547.html
Goldman Sachs shorted Gulf of Mexico
http://www.examiner.com/x-8199-Breakthrough-Energy-Examiner~...
http://investorshub.advfn.com/boards/read_msg.aspx?message_i...
Cementing of the oil rig.....
http://www.npr.org/templates/story/story.php?storyId=126536457
BP sent workers ....
http://www.huffingtonpost.com/2010/05/20/bp-smoking-gun-oil-...
A team from Schlumberger....
http://adropofrain.net/2010/05/rumor-schlumberger-exits-deep...
just consider how actually ordinary all of this is
1. Oil and Gas service providers, grow by vertical integration or acquisition of other service providers;
2. GS did not short the GOM, they did (as did others who heard the rumors re BP GOM production issues with Thunderhorse, etc) sell a large BP (but not large for GS) position;
3. Bad cement jobs happen with frequency and are typically redone to sufficiency/without failure;
4. SBL did not run a cbl (which not really a big deal) but did leave in an ordinary manner given the expense of keeping them around (and 2 mud engineers were SWACO, a subsidiary);
There is absolutely nothing atypical, or unusual about any of the above events.
What IS atypical is the confluence of event: the failure of technical/process/operational methods and the Horizon crew's failure to follow standard and ordinary practices and procedures. They forgot the number one old timer rule: "listen to the well."
cee cee
Show me one time GS sold more shares of a petro stock at once
"GS did not short the GOM, they did (as did others who heard the rumors re BP GOM production issues with Thunderhorse, etc) sell a large BP (but not large for GS) position; "
If voting could really change things,
it would be illegal. But now I have faith !
Red Handed Exposure ...
... of the black stains on their naked souls ...
http://www.dailypaul.com/node/55223#comment-754082
... and do ... what, with the evidence ?
cee cee...
Good points, not totally falling on deaf ears, keep it up.
'Cause there's a monster on the loose
and defend your own slavery
so you can get a job and get paid in Federal Reserve Notes, which are worth nothing and made out of thin air.....that's great. Next thing we will be tried and convinced of is that we live in a free county.
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
"Listening to the well"...
"What IS atypical is the confluence of event..."
That is the point for me. I don't believe in coincidence: I believe everything happens for a reason. In this case, circumstances (which I believe have been orchestrated by the Celestial Forces) sabotaged BP to the extent that they are now set to fail, which is just a part of a couple of prophesies now coming to fruition: "The rich shall be made poor and the poor shall be made rich" and "The meek shall inherit the earth". Keeping in mind that "riches" in the spiritual sense has nothing to do with money will help our understanding of the first prophesy.
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
Goldman Sachs has the best psychics ever...
Hard to beat the GS guys....
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
bump
makes one wonder...
***********
my website -
http://www.libertypoet.com/
How does that math equal 44%?
How does that math equal 44%? Am I missing something?
Goldman originally owned 6M + 4.7M = 10.7M shares
They sold 4.7M shares.
4.7/10.7 = 0.43925 X 100 = 43.925% shares sold
Thanks. The msn link makes
Thanks. The msn link makes it look like they had (rounding) 6M shares and sold 4.7M of them. I guess not.
JBPT, No problemo
Goldman would short their own shares if they thought there was a buck to be made, just like Enron's bosses did.
LOL, true, but that would be
LOL, true, but that would be a bit too obvious.
Coincidences seem to be rampant these days,...
but this one stinks to high heaven.
Did Hank Paulson and Goldman also implode both Lehman Brothers and Bear Stearns?
Did Goldman do any pre-911 airline stock selling?
Do these people even have a soul?
They stole all of Martin
They stole all of Martin Armstrong's computer models, maybe they figured out how to use them.
Martin Armstrong, America's #1 Political Prisoner
http://www.martinarmstrong.org/economic_projections.htm
Hey Gil.... I wish some more
Hey Gil.... I wish some more people on here would look up Martin Armstrong. Have you seen what he said about where the price of Gold is going?
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
hm well interesting news
but if my memory serves me right, gold and oil also just about hit the peak during that period?
difference between cap and kill ???
After top-kill "failed" (according to media) we gained valuable information from the well and could assess probable initial failure cause: compromised casing, casing to casing annualar interface, or casing/hole interface.
Totally shutting-in the well could have presented an unacceptable risk of diverting the flow outside the casing system into the geological strata or fracturing the formation resulting in lost circulation and another kick...a sub-sea floor uncontrolled blow out (in simple terms).
Killing the well can be achieved via relief well.
The LMRP effort is not going to "cap" the well, but will allow the capture and redirection of a significant portion of the flow(which is composed of both gas and oil).
Is there perhaps some semantic confusion when the poster said his inside guys say they purposely aren't going to cap?
cee cee
It would not surprise me
To find out this was a false flag to divert attention away from the gold and silver manipulation. Goldman obviously new what was going on and the happen to be a major player in the manipulation.
If voting could really change things,
it would be illegal. But now I have faith !
Seems like I read there was discussion, disagreement
about the rig going on weeks before the disaster. Maybe Goldman Sachs made a prudent decision based on insider information.
I think you are right.
For an organization to be as successful as Goldman is, they must be trading on insider information. Either that or the vampire squid have successfully built a time machine.
Losing money on only 1 of the last 90 trading days cannot be a coincidence or a natural occurrence.
The system is irreversibly broken and will collapse under its own weight.
My only question at the moment:
WWRPD?
Important suppressed history:
http://pakalert.wordpress.com/2009/11/10/house-of-rothschild...
http://video.google.com/videoplay?docid=4071551301506215141#
Good question!
WWBPD?
Another good question.
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
Goldman Sachs chairman Peter Sutherland was chairman for BP
Earlier, when observing the US AG disclosure of a civil and criminal investigation into BP plc, we noted in passing that BP’s former Chairman, Peter Sutherland, who left the firm is a Chairman of Goldman Sachs International. Mr. Sutherland holds some other interesting titles, including a position on the Trilateral Commission, he was a chairman of the London School of Economics in 2008, he is a UN special representative for migration and development; he was the founding director-general of the World Trade Organisation, he had previously served as director general of GATT since July 1993 and was instrumental in concluding the Uruguay GATT Round Negotiations. Needless to say, we focused on the Goldman relationship. When digging deeper, we uncovered some amusing correlations, most notably between the BP plc sellside ratings by Goldman BP analyst Michelle della Vigna and the Goldman Sachs Asset Management holdings of BP plc. These are summarized on the attached chart.
http://beforeitsnews.com/news/71/187/A_Series_Of_Lucky_Coinc...
Wherever Ron Paul's name is posted on the web, the DP community is going to find it :-)
2010, we put our people in Congress
2012, we want our country back
Ron Paul 2012 pledge drives
http://www.runronpaul.com/
-and-
http://www.theronpaulteap
SWAT
MMS has "swat teams" which ARE NOT cops or police or armed personel by any means. They are simply disaster response folks.
Bugman, I applaud your level cool head, and efforts to keep the swag, memes, and junk headlines from creating a panic or more unreasoned fear and speculation.
cee cee
That kind of SWAT would make much more sense!
BTW... why does that '2012 rats god' kid keep posting all of that irrelevant stuff? What does that post have to do with SWAT teams?? I think he/she rode the short bus to DP. Attention starved?
'Cause there's a monster on the loose
There was a question as to what was done.
Just tryin' to help....Bugman...lol...
Peace!!!
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
Here's what the Department of the Interior is saying about it.
http://www.doi.gov/deepwaterhorizon/upload/05-11-10-MMS-Deep...
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
Looks like nothing much found
Looks like nothing much found wrong at all..
How long had they held that particular stock?
What other stocks did they sell at the same time?
What did they buy to replace it?
Did they make a profit from it? How much?
Cheap, hysterical theatrics such as this are interesting to those who believe anything that is whispered to them.
Companies own stock of other companies. They buys ans sell them. The goal is to make a profit. Perhaps they had done so. Not that I'm a fan of Goldman or BP but what you are offering as 'proof' is nothing but a whisp of smoke.
I may not know the truth, but I know when I'm being lied to...
How dare we discuss a potential conspiracy!
We're not supposed to that, remember? Sometime between 9/11 and the present, conspiracies stopped happening for the first time in the history of the world, and to discuss them is pointless ...because they don't exist anymore, right! In fact, it's probably safe to now petition Webster's to modify their definition of what conspiracies are ...relics of a less perfect time.
heh
If you're going to use logic today, apparently you have to don one of those shiny hats.
A government big enough to give you everything you want is strong enough to take away everything you have. ~ Thomas Jefferson
get a grip simpleton
nobody is arguing about the existence of conspiracies.. what michael and others simply argued for was that during clutch election times where new blood may be coming to the site to keep discussions relevant and tune down tinfoil image so new people don't get turned off before they get to the message of liberty.. wtf is this, some strawmen against the logical half of the community based on self willing ignorance or simply twisting their words on purpose?
A good comment from a raw story reader:
hmmm, saw this posted on Huff Post, didn't take it seriously at first:
If I shorted Gulf stocks the day before this platform explosion and bought a company that puts out oil well fires the week before, I'd have the FBI at my door within hours.
Cheney's Halliburton bought a company called Boots & Coots which became well known for putting out some of the world's largest oil and gas fires. 8 days before the disaster http://www.chron.com/disp/story.mpl/business/69...
Goldman Sachs shorted the Gulf Oil stocks the day before the accident http://www.examiner.com/x-8199-Breakthrough-Ene...
http://investorshub.advfn.com/boards/read_msg.a...
Cementing of the oil rig well was finished only 20 hours before the explosion http://www.npr.org/templates/story/story.php?st...
BP sent workers from the well head testing company home 11 hours before the explosion on April 20 -- "without performing a final check http://www.huffingtonpost.com/2010/05/20/bp-smo...
A team from Schlumberger, which is highly regarded for their safety, asks a BP company man to use the Cement Bond Log (CBL) to dump fluid down the well and BP's company man refused. Schlumberger rep decides to leave citing safety issues but only if they called in their own transport as BP rep would not let Schlumberger leave on a BP Chopper.
http://adropofrain.net/2010/05/rumor-schlumberg...
Founding
Almost none of these links work.
Founding:
"BP sent workers from the well head testing company home 11 hours before the explosion on April 20 -- "without performing a final check"
If we understand what phase that the procedure was in, we'd understand that those Schlumberger guys were finished anyway and SHOULD have been sent home. If you have the stamina to read the entire thread from the link posted, you'll get a better picture.
The Cement Bond Log is a log that is run down the hole to "see" how well the cement is done on the *outside* of the casing, or IOW, between the casing and the formation. In order to run this log, you have to have an open hole to run the tool down. But this hole was plugged with cement in preparation for abandonment, IOW, cement filled the hole so you could not run the tool down the hole.
They use other procedures to test the cement plug, like pressuring up the well and see if it holds pressure.
Not letting the crew leave... possible that the company man would rather pay for another day or two of salaries for the crew instead of calling a special chopper out to the rig... probably a $25,000 charge, maybe more for a special flight. Very typical.
'Cause there's a monster on the loose
...I'm sure it's just a coincidence, but...
..."BP sent workers from the well head testing company home...(11)...hours before the explosion on (April 20)--without performing a final check"...
...and how many died in the "explosion"...?
...(11)...
...and there is that interesting "April 20" date which also can be claimed as the same day of other horrible events...
...Is there any explanation as to the cause of the "explosion"...?
...things that make me go...hmmmm...
...RON PAUL runs INDEPENDENT in 2012 taking the political world by storm, winning the presidency...
http://towneforcongress.com
http://theronpaulteaparty.com/index.php
http://www.youtube.com/user/rogueliberty
explanation as to the expolsion?
yes, it's called a "kick"
cee cee
Thanks Bug,
Seems like reasonable explanations. I sure as hell don't trust Goldman and the like. And Halli., pretty crappy work in Iraq. What of the boots and coots purchase? Just circumstantial? Where they out there putting that fire out?
I certainly don't trust Goldman any more than you do...
And same for Halliburton. But, there were too many different people involved from too many different companies to pull off an intentional blowout of the rig. This conspiracy stuff has gone way overboard.
'Cause there's a monster on the loose
Bugman...You really don't get it...
From the 1953 CIA Overthrow of Democracy in Iran, to the Iraq War, to the Criminal Gulf Catastrophe and Deaths, BP was there.......BP and its American counterparts are part of the corporate oligarchy that run governments when it comes to energy policy. They don't take orders from sovereign nations; they give them. They are unelected, but because of their hundreds of billions of dollars in revenue and profit, they run the show when it comes to oil policy, and profit comes first: forget about life, liberty and the pursuit of happiness. Oil is their gold; we are just consumers who can be replaced at any time by more consumers, vassals to the oil company Masters of the Universe. There is no brake on their malfeasance, greed and criminal behavior, nor their ability to get nations to go to war, overthrow democratically elected leaders, and to get away with pollution of proportions beyond the imagination.
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
how can these *people* sleep . . .
at night?
No consciences left, perhaps.
it's hard to be awake; it's easier to dream--
1988...
Which "people" are you talking about? How easy it is to jump onto the hate bandwagon.
'Cause there's a monster on the loose
They are
........*cold-blooded*......
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
Excellent
descriptive account!
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
Bugman
You address certain "on the rig" protocols, but seem to turn a blind eye to the alleged financial actions of Goldman, and Haliburton.
Surely you can see where that would get people's dander up.
You have admitted that you did not know that SWAT teams were dispatched to offshore rigs, until I showed you the words coming out of Obombya's mouth.
You have admitted to not knowing about cleanup procedures.
Is it possible that you might not be looking at the larger picture here.
If the allegations of these companies financial actions are true, then doesn't that raise the SLIGHTEST suspicion with you?
★★★★★★ ====✈ =========✈
http://www.onedollardvdproject.com/DVD-new/Home.html
http://www.documentarywire.com/
http://freedocumentaries.net/c/All/
Not a blind eye...
to anything Jefferson, my eyes are wide open. I don't know enough about the GS stuff, so I don't advertise my ignorance about it with crazy rants. But I will point out the truth as I understand it when I see that it's not being told, accidentally or not, regarding rig operations and geology. I understand that you have no reason to believe a word I say!
SWAT teams... I'm telling you again that there were NOT SWAT teams on the rigs, I don't care what O' said he was GOING to do. Have you seen even one single picture of a SWAT team member on a rig? Just one? What rig did they go to, the Horizon???
No, I'm not a chemist, are you? So I don't pretend to be an expert on spill procedures like lots here, just comment on the things I'm sure about.
I prefer to learn more about the financial stuff before wildly speculating that it's true or not. Shorting oil surely doesn't prove they knew the disaster would happen. Do you know how many times in the past they've shorted oil, and nothing happened? Can't they know something else that's going to happen to the economy that would influence them to short oil?
'Cause there's a monster on the loose
Here's what I see
BP is a "British" company. Watch for Royal Dutch Shell to bye BP. BP is owned by the British i.e. The Queen. Queen Beatrix of the Netherlands owns Royal Dutch Shell. Most of the British Pension Fund is tied into investments of BP. Should BP be sold to a non-British entity, all that money goes away for the Pensioners. But at least they keep it ALL in the FAMILY....how sweet. Don't take my word for it, I'm not a Banker.
If the US had ANY balls....they would seize ALL BP US assets.
"Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein