$250 million of BP stock sold before spill
The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter.
http://www.prisonplanet.com/goldman-sachs-sold-250-million-of-bp-stock-b...
check this vid
I would not be surprised if it was confirmed they knew in advance, but difficult to prove. It will raise eyebrows and make people wondering... but eveeryone will forget about it in a few weeks....
Everyones attention will shift to the 20 billion dollar fine that will be placed on BP..... that is massive!
case of putting global devestation behind the huge amounts of money on offer!!!!
I donno, GS hasn't been a clean player lately, so why not...
you come to say Goldman knew about this oil spill devastation? Yeah! I guess, the slick started in 18th April!!