Hayward sold 33% of his BP shares in March.

[ladjf]

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

Is there a chance that Hayward was aware that the well was in serious trouble before he sold
33% of his BP stock? Also, Goldman-Sachs sold a large number of their BP shares at about the same time.

It's also possible that the BOP was purposely disabled before the explosion if they were afraid that a sudden shutoff by the BOP would blow the casing out, rendering the well permanently out of control.

I think this situation needs to be investigated. If Hayward already knew the well was going bad in March, it's a whole new ballgame.

[Rosa Luxemburg]

1. sounds like another situation

like 9/11 - how many other BPs sold off stock?

[ladjf]

3. I hadn't thought about that yet. But, it is quite a coincidence that

Several large firms sold hugh blocks of BP around three weeks before the explosing of the BP well.

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

"Others also sold stock

Other asset management firms also sold huge blocks of BP stock in the first quarter -- but their sales were a fraction of Goldman's. Wachovia, which is owned by Wells Fargo, sold 2,667,419 shares; UBS, the Swiss bank, sold 2,125,566 shares.

Wachovia and UBS also sold much larger percentages of their BP stock, at 98 percently and 97 percent respectively
"

[Horse with no Name]

2. Criminal. At the very least.

:(

[Empathic_1]

4. Geez. That's a coinkiydink.

Sounds eerily familiar to the shit that's been happening since... well, you know the date.

[WCGreen]

5. But then again it could be that they bought at the bottom of the

market back in 2008 and are selling now when they think they hit the high. And perhaps they waited until the dividends were paid before they dumped part of their holdings.

Just playing the devil advocate...

[MrMickeysMom]

6. Add financial terrorism to environmental...

Phony Tony Baloney