Posted on 06/05/2010 10:04:51 AM PDT by Dubya-M-DeesWent2SyriaStupid!
The chief executive of BP sold £1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse.
BP chief executive Tony Hayward has been under intense pressure since the oil well erupted on April 20
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
(Excerpt) Read more at telegraph.co.uk ...
“but they (BP) aren’t evil masterminds using the oil spill in part of a master plot to rule the world.”
No, but Obama is, and Soros, and Emanuel, ...
I am sure Obama and his regime knew about and planned the explosion which led to the oil spill. They’re the only ones with a motive.
Do you think Bush and Cheney also blew up the Twin Towers, after all they had a motive, too.
Are you serious? The problem with people like you is you've got your head in the sand. BP is at war with the lower class. They're raping half the globe and plotting with the lefties(you know the marxists) to rape us further through cap and trade. This isn't class envy. This is realizing not every corporation believes in free markets and liberty. BP is one of those companies.
Class envy is when some fool starts claiming ALL of Wall St is evil or corrupt. Or all corporations are bad. You are just as bad as those people when you defend EVERY corporation regardless of how they do business. BP is one evil corporation. And I'm not saying that because of this spill. Here's just one example of what they engage in every day:
And exactly how does one reliably predict an "accident"? Especially an executive far removed from the daily activities of the typical employee. He probably could have predicted someone spilling hot coffee on themselves at work better than he could have predicted a well explosion.
In any case, 2/3's of his stock lost value. Why didn't he "protect" half or more and garner more "profit" by selling it Jan 9 or Apr 6?
I see the blogger finally changed “dispersements” to “dispersants”.
I doubt that Freeper ClintonSucks would agree with you. Many of us had bumperstickers that stated the posters screen name at the time he signed up. Lord knows, NOBAMA and saving conservatism was all I had on the brain at that point in time.
While I believe this is probably all coincidence, I believe it warrants further investigation. Letting that oil pour out into the gulf benefits the nutters and Obama has indeed stopped all drilling. Following the money trail doesn’t hurt anything and it’s possible something might be found. If not this, something else.
Well THAT’S not in any way suspicious. I don’t understand how he could seriously think no one would notice. This brings up some new questions for me. Namely, what are BP and the Obama administration up to here. I can believe they would knowingly let an enormous disaster happen to reach there means, but just what is the goal here?
Yeah, but he sold 1/3 of his holding. That's pretty steep. If he did know something bad was going to happen, he wouldn't want to sell more than 1/3 because then you would FOR SURE look like you had some inside knowledge of some kind. With that said, who knows what's going on here, if anything.
How is this ‘news’ relevant, unless one thinks he himself planned the explosion. Otherwise silly.
Proof abounds though, i.e., not only no supertankers to suck up and process oil flowing from giant motherload cavity , but even closer nearby are thousands of barges that could do the same thing on a widespread basis even better.
The larger percentage of that oil could have been in refinery's for over a month now, easy peasy japanesy.
1/3 of his holding. IMHO, that’s pretty significant.
Because you would look more guilty.
See post # 88.They are not stupid socialists. I don’t trust them one i oda.
Your guess is as good as mine. Follow the money is something our MSM don’t tend to do.
This news piece is intended to let Obama off the spot light he put himself in all awhile putting the puzzle together just a tad more for those of us that know the WH ties t oBP and the clean up company.
I can only conclude that you either can't read or your reading comprehension skills are sub par.
So it is a spectrum? Then I suppose no sales of your stock in a company should be undertaken within a month of an "accident". Could you please provide the address of the Oracle that people should use to determine when they can sell stocks?
...paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
So he cashed in $13 million, but the property in question is £1.2 million (or appx. $1.7M USD)?
He could have accomplished that by selling seven times fewer shares.
Just looking at and analyzing the data here.
Not a conspiracy kook or anything.
Perception is sometimes reality, unfortunately.
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