Daily Archives: June 19, 2010

So BP knew it was coming… and it’s CEO and others sold a lot of stock to avoid losses…

So says this article from PrisonPlanet.com. Start it here, then go in and read the whole thing.
clipped from www.prisonplanet.com

Former BP Chairman and current BP CEO both dumped stocks in weeks before disaster

BP Aware Of Cracks In Oil Well Two Months Before Explosion 170610top2
BP was aware of cracks appearing in the Macondo well as far back as February, right around the time Goldman Sachs and BP Chairman Tony Hayward were busy dumping their stocks in the company on the eve of the explosion that led to the oil spill, according to information uncovered by congressional investigators.
The Mining and Mineral Services agency released documents to Bloomberg indicating that BP “was trying to seal cracks in the well about 40 miles (64 kilometers) off the Louisiana coast,” according to the report.
Highly suspicious stock and share trades by people connected to BP before the explosion indicate some extent of foreknowledge.
Furthermore, as reported by the London Telegraph on June 5th, Tony Hayward, the current BP CEO sold £1.4 million of his shares in the fuel giant weeks before the spill.
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A Clip from The Onion (too damn close to the real thing!):

clipped from www.theonion.com

Candidate May Have Lied About Heroic Death In Vietnam

MONTGOMERY, AL—In a major scandal that could cast doubt on his political future, U.S. Senate candidate Chris Wilfred came under fire this week for comments he made alleging he had died heroically while fighting in the Vietnam War.

Wilfred made the controversial claim during a speech Monday honoring three American soldiers recently killed in Afghanistan.

“I know all too well the depth of their sacrifice, for I myself was killed on a battlefield far away from home,” Wilfred, a three-term Democratic state representative, said to a crowd of hundreds. “But we who have laid down our lives—whether in Vietnam or Afghanistan—have done so with the knowledge that our deeds have kept our country safe.”

Added Wilfred, “Their deaths, like mine, were not in vain.”

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…there’s more.
Go HERE and read it.