Goldman Sachs and Oil

From http://christianinfobomb.com/phpBB3/viewtopic.php?f=7&t=18541

Goldman Sachs admits it short the Gulf of Mexico 1 day before platform sinks, now how is that possible?

Example of one person:

Peter Sutherland was/is on the Board of Directors at BP.

A brief rundown on him:

Managing Director of Goldman Sachs.

Served as Director General of GATT

Group Secretary and General Counsel of World Trade Organization

Former Attorney General of Ireland

Chairman of British Petroleum, BP Amoco PLC and United Kingdom

Independent Non Executive Director of National Westminster Bank PLC and its subsidiary, Royal Bank of Scotland Group PLC

Director of Goldman Sachs International and Member of International Advisory Board and Joint Advisory Council of Allianz AG.

That's ONE of BP's people. Want the rundown on the others?

From The Times July 30, 2008
Where next for TNK-BP?
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4425796.ece



"By its own admission, BP has but weeks to resolve its problems in Russia before management control of TNK-BP starts to slip from its grasp. For all its rhetoric about not being intimidated by AAR's strong-arm tactics, the reality is that with Robert Dudley no longer in Moscow, BP has limited room to move and none of its options are palatable.

Legal action to recover lost earnings is mentioned by Tony Hayward as a possibility, but is likely to be an expensive process with no short-term benefits.

With relations between Britain and Russia at a low ebb, there seems to be little hope of a politically engineered solution.

It may be more fruitful for BP to exert whatever informal pressure it can to isolate AAR's four oligarchs. Business associates of AAR include such unlikely figures as Lord Hurd of Westwell, the former Foreign Secretary, and Sir Julian Horn-Smith, a director of Lloyds TSB. As chairman of Goldman Sachs International, Peter Sutherland, BP's chairman, has huge influence in banking circles. This could be a valuable weapon. "

There you go!

How do you short the Gulf area one day before...unless you're involved in creating this horrible scenario and then making profits on it? A bit liek the Bush family that didn't repair levees after many requests of the corps of engineers, but when all damage was done THEIR companies rebuilding that area and so made many bucks on the misery of others.
I don't know how this is possible, just saying, how do you short this thing aday before?

Goldman shorted 'Gulf of Mexico' one day before rig went down
http://talk.baltimoresun.com/showthread.php?t=248181



Is this really true?

-Flying Dutch