Date: Wednesday, 5-May-2010 20:51:27
IT’S BAAAAACK . . .
No joke: Goldman Sachs shorted Gulf of Mexico
It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.
By Sterling D. Allan
Pure Energy Systems News
Excerpt:
. . . just because his piece was satire, doesn't mean there isn't something to it. The reason humor is funny is because it lampoons reality, providing an exaggerative and simplified caricature to bring out the key issues in a non-threatening way. Historically, especially in times of heavy oppression, the best truth tellers have been the comedians. Benjamin Franklin certainly used humor to his advantage in helping to win America's Independence.
A. True Ott, Ph.D., wrote the following to me last night:
I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem". Was it Goldman Sachs? That is yet to be conclusively determined (there is indeed a SEC investigation ongoing) -- but labeling something as "satire" is a lawyer's shrewd trick to keep from being sued for slander -- even if it is all true. Moreover, there were massive shorts placed literally seconds after the news hit the airwaves.
Who would dare to quote the actual e-mails from "Fabulous Fab", unless the writer would post them as a "satire" - especially after what happened to the Wall Street Journal writers who dared expose the 9-11 short sales involving Goldman Sachs. (They were assigned to Afghanistan, and had fatal "accidents" there.)
Dr. Ott has subsequently confirmed from two sources that Goldman Sachs was indeed in on the shorts being placed on TransOcean stock. And he has confirmed that the comedian was aware of that as well.
More at link:
http://pesn.com/2010/05/05/9501645_No_joke--Goldman_Sachs_shorted_TransOcean/
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Bob Chapman Reported it as Well.
Posted By: Lance
Date: Wednesday, 5-May-2010 21:40:47
In Response To: NO JOKE—GOLDMAN DID SHORT THE GULF (food4thought)
I hesitated to snip from the International Forecaster since Mr. Chapman was quoting the original story but truth be told...I have no idea how to check up on 'shorting' done by anyone. Dr. Ott and Dr. Carley, two RBN hosts have been having a cat fight for a number of months and Dr. Ott just left RBN (on his own?) for the Microeffect. I'm feeling quite dizzy about this whole story.
READERS and AGENTS:
There must be someone out 'there' whom knows how to check on short positions? If anyone would be so kind, could you please verify this report with a link or two? It resonates as true.
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