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

Amazing foresight?

TransOcean still profited from the insurance money.

I wish i had that foresight.

yeah where can i subscribe to their newsletter...maybe they have a secret pirate cave i can get an invite to?

interesting :D

Scumbags.

"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... :2 cents:

They sold off BP and shorted Transocean

link to SEC filing or it didn't happen :)

Out of how many transactions?