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View Full Version : BP Knew the well was in danger back in February, sold stock month before blast.




Razmear
06-22-2010, 01:48 AM
The basic timeline is the first cracks were reported around Feb 13, a 'blow out' happens in early March, Tony sells 1/3 of his stock holdings in BP, Goldman Sachs sells significant amounts of their stock holdings, then the well blows up 3 weeks later.

Linkage:

Cracks Show BP Was Battling Gulf Well as Early as February - Bloomberg
http://www.bloomberg.com/news/2010-06-17/bp-struggled-with-cracks-in-gulf-well-as-early-as-february-documents-show.html

Tony sells stock weeks before spill
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7804922/BP-chief-Tony-Hayward-sold-shares-weeks-before-oil-spill.html

Razmear
06-22-2010, 09:13 AM
bumping due to lack of angry replies :D
eb

Bruno
06-22-2010, 09:15 AM
GRrrrrr!!

rich34
06-22-2010, 09:41 AM
arrrghhh