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Old 06-02-2010, 06:00 PM   #1
onwebcam
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Goldman REALLY did short and sell off before Gulf oil spill

"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."


http://www.examiner.com/x-8199-Break...Gulf-of-Mexico


Goldman Sachs Asset Management (US) 6,025,387 -4,680,822 -43.7 -276,770,112 0.0 0.4 03-31-10
http://moneycentral.msn.com/ownershi...ip&Symbol=B P
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Old 06-02-2010, 06:03 PM   #2
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Amazing foresight?
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Old 06-02-2010, 06:11 PM   #3
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Old 06-02-2010, 06:15 PM   #4
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TransOcean still profited from the insurance money.
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Old 06-02-2010, 06:18 PM   #5
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I wish i had that foresight.
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Old 06-02-2010, 06:21 PM   #6
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yeah where can i subscribe to their newsletter...maybe they have a secret pirate cave i can get an invite to?
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Old 06-02-2010, 06:23 PM   #7
Cyber Fucker
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interesting :D
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Old 06-02-2010, 06:30 PM   #8
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Scumbags.
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Old 06-02-2010, 06:32 PM   #9
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"Goldman Sachs Asset Management (US) 6,025,387 -4,680,822 -43.7 -276,770,112 0.0 0.4 03-31-10 "

selling off 40% of BP shares that they held, isn't exactly "shorting" it...
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Old 06-02-2010, 06:34 PM   #10
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Quote:
Originally Posted by woj View Post
"Goldman Sachs Asset Management (US) 6,025,387 -4,680,822 -43.7 -276,770,112 0.0 0.4 03-31-10 "

selling off 40% of BP shares that they held, isn't exactly "shorting" it...
They sold off BP and shorted Transocean
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Old 06-02-2010, 06:40 PM   #11
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Quote:
Originally Posted by onwebcam View Post
They sold off BP and shorted Transocean
link to SEC filing or it didn't happen
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Old 06-02-2010, 07:15 PM   #12
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Out of how many transactions?
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