House Republican leader added BP stock while others sold before Gulf oil spill
WASHINGTON – House Republican leader John Boehner bought BP and other oil company stock last year while other lawmakers were a little more fortunate, getting rid of BP stock before the oil spill caused the environmental disaster in the Gulf. Read more on Minneapolis-St. Paul Star Tribune
Boehner added BP stock, others dropped oil company
House Republican leader John Boehner bought BP and other oil company stock last year while other lawmakerswere a little more fortunate, getting rid of BP stock before the oil spill caused the environmental disaster in the… Read more on WVVA Bluefield
GOP lawmaker with BP stock has role in spill probe
A multimillionaire House Republican who owns thousands of shares of BP stock has no plans to recuse himself from a congressional investigation related to the Gulf oil spill or from votes on Capitol Hill that could affect his investments in the oil company. Read more on San Diego Union-Tribune
Apparently our good friends at Goldman Sachs and several other Tarp banks sold off their BP stocks before the BP oil disaster. I understand that this is only circumstantial evidence, but what makes it worth investigating is that these were the same banks that benefited from the Bail out. Smells like insider trading at the very least, and criminal foreknowledge is not off the table. Links below. www.usatrends.info rawstory.com Video Rating: 5 / 5
BP stock tumbles as feds announce oil-spill probes
AP – BP’s stock plummeted and took much of the market down with it Tuesday as the federal government announced criminal and civil investigations into the Gulf of Mexico oil spill. BP engineers, meanwhile, tried to recover from a failed attempt to stop the gusher with an effort that will initially make the leak worse. Read more on Yahoo! Green
BP. Halliburton shares rebound in Wednesday trading; Transocean stock continues to slide
NEW YORK, N.Y. – Investors on Wednesday cautiously returned to BP PLC and some of its partners in the failed deepwater well that’s spewing Read more on Canadian Business
Owner Of The Deepwater Horizon Sued Over Stock Price
Transocean claims accident was not caused by failure of the blowout preventer. Read more on KALB Alexandria
BP stock: Is it time to sell the spill-stained oil giant?
Ask Matt’s Question of the Day: I’ve held onto shares of BP that I inherited, mainly for the dividends. Should I sell the stock due to the catastrophe? Read more on USA Today
U.S. Seeks BP Clarification of Plan to Pay for Gulf Oil Spill
The U.S. government is seeking assurances from BP Plc that the company will pay for all damage relating to the oil spill off the coast of Louisiana. Read more on BusinessWeek
U.S. stock futures point to lower Wall Street open
* Futures for the Dow Jones industrial average , the S&P 500 and the Nasdaq 100 fell 0.2 to 0.3 percent at 0854 GMT, pointing to a weaker start on Wall Street on Friday.
Transocean’s Biggest Investor Dumps Stock After Blast (Update1)
May 12 (Bloomberg) — Transocean Ltd. ’s largest investor at the end of 2009, Marsico Capital Management LLC, liquidated its entire holding in the world’s biggest oil driller partly because of a fatal rig blast that triggered a Gulf of Mexico spill.
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