'Vampire Squid' sold $250 million of BP stock before spill

Goldman Sachs shorted the Gulf Oil stocks the day before the accident http://www.examiner.com/x-8199-Breakthrough-Ene...

BP sent workers from the well head testing company home 11 hours before the explosion on April 20 -- "without performing a final check http://www.huffingtonpost.com/2010/05/20/bp-smo...

SHOOT: "If I shorted Gulf stocks the day before this platform explosion and bought a company that puts out oil well fires the week before, I'd have the FBI at my door within hours."

clipped from rawstory.com According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter. If Goldman had sold these shares today, their investment would have lost 36 percent its value, or $96 million. The share sales represented 44 percent of Goldman's holdings -- meaning that Goldman's remaining holdings have still lost tens of millions in value. clipped from rawstory.com If I shorted Gulf stocks the day before this platform explosion and bought a company that puts out oil well fires the week before, I'd have the FBI at my door within hours. Cheney's Halliburton bought a company called Boots & Coots which became well known for putting out some of the world's largest oil and gas fires. 8 days before the disaster http://www.chron.com/disp/story.mpl/business/69...