Goldman Sachs Reveals it Shorted Gulf of Mexico

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Goldman Sachs Reveals it Shorted Gulf of Mexico

Postby Alfred Joe's Boy » Tue May 04, 2010 5:32 pm

Didn't know whether to put this in a "Goldman" thread or a "Gulf" thread (or a Halliburton thread) so I gave it one by itself.

http://www.huffingtonpost.com/andy-boro ... 58774.html

NEW YORK (The Borowitz Report) - In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water.

The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf.

"One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!"

The news about Goldman's bet against the Gulf comes on the heels of embarrassing revelations that the firm had taken a short position on Lindsay Lohan's acting career. More here.
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Re: Goldman Sachs Reveals it Shorted Gulf of Mexico

Postby Joe Hillshoist » Tue May 04, 2010 6:45 pm

This is a piss take right?
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Re: Goldman Sachs Reveals it Shorted Gulf of Mexico

Postby DoYouEverWonder » Tue May 04, 2010 6:48 pm

Didn't the same sort of thing happen on 9/11? :roll:
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Re: Goldman Sachs Reveals it Shorted Gulf of Mexico

Postby Jeff » Tue May 04, 2010 6:54 pm

Andy Borowitz is a comedian and writer whose work appears in The New Yorker and The New York Times, and at his award-winning humor site, BorowitzReport.com.


http://www.huffingtonpost.com/andy-borowitz
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Re: Goldman Sachs Reveals it Shorted Gulf of Mexico

Postby Project Willow » Tue May 04, 2010 7:08 pm

Where's Lady P., somebody needs a good...

Besides, it ain't funny, yet. Although I'm still waiting to be able to work in the April 20 date somehow, somewhere.
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