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kathaksung
They knew Gulf oil spill in advance
Thu Jul 15, 2010 04:58
146.74.228.102

Besides Goldman Sachs, Halliburton and BP's Chief knew it too.

Quote, "Disaster capitalists: Halliburton to make money off oil spill
By Daniel Tencer
Friday, June 18th, 2010 -- 3:10 pm

Does a company that both builds oil rigs and cleans up oil spills have any motivation to prevent oil rig disasters?
That's the question some people in business and politics are asking themselves after Halliburton's purchase of an oil clean-up company 10 days before the Deepwater Horizon explosion that killed 11 workers and launched the worst oil spill in US history.

Some observers see a conspiracy in the actions of the company once headed by Dick Cheney. Halliburton, which built the cement casing for the Deepwater Horizon's drill, announced its purchase of Houston-based oilfield services company Boots and Coots for $240 million on April 9, just 11 days before the Deepwater Horizon explosion.

http://rawstory.com/rs/2010/0618/halliburton-making-money-oil-spill/ "

Halliburton bought Boots & Coots one week before oil spill. (Apr. 20)

Quote, " Halliburton Snaps Up Boots & Coots - DailyFinance
Apr 12, 2010

http://www.dailyfinance.com/story/investing/halliburton-snaps-up-boots-and-coots/19435689/ "

Quote, "BP chief Tony Hayward sold shares weeks before oil spill
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.
By Jon Swaine and Robert Winnett
Published: 12:10AM BST 05 Jun 2010

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.

There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.

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

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