From seekingalpha.com,
"According to regulatory filings, GS sold 4.7mm shares ($250mm) of BP in Q1 b4 the spill. < Most curious."
Last hour run at the greedy 4700CE writers!
13 years ago
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- golfdude
- Beginner trader in FnO in Indian markets. Trade only in stocks in US markets. Am still learning from many experts online. And the learning will never stop - as the experts themselves cannot conquer the market. But fun.
Lord (Lloyd) Blankfein can foresee natural calamities too. Anybody doubting that will be subjected to the wrath of the Lord :)
ReplyDeleteThere's an estimate that for BP it would require $37B for settlements and losses - which amounts to 3 full working years of cash flow assuming $80 per barrel of OIL.