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cory777 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 09:51 PM
Original message
Judge in oil spill case sells energy stocks
Source: AP

WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

However, in an attachment to the report, the judge said he sold his Exxon Mobil stock this June when he was hearing the oil spill case.

In last year's disclosure report, Feldman owned up to 16 energy-related investments.

Read more: http://www.google.com/hostednews/ap/article/ALeqM5ghwFHfP4APhRMG5OXSF4R7Fws2CgD9GIK12G4
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niyad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 09:56 PM
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1. he sold his exxon stock the MORNING he issued the ruling on the moratorium--
and he still has blackrock investments (which are basically bp)
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Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 10:03 PM
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2. Big oil will keep his wallet fat.
Who needs stocks?
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saigon68 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-26-10 07:34 AM
Response to Reply #2
6. Criminal Thug
Hoodlum with a robe
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SalmonFritters Donating Member (70 posts) Send PM | Profile | Ignore Fri Jun-25-10 11:36 PM
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3. Well, considering those stocks are all at 52 week lows I wouldn't worry too much about it
Now if he'd BOUGHT right before the ruling, we might have an issue.
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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-26-10 02:08 AM
Response to Original message
4. Wow! Rachel Maddow - "Judge in drilling ban case invested in BP, oil stocks"
Rachel Maddow nails him on this conflict of interest in this segment:

http://www.msnbc.msn.com/id/26315908/vp/37936669#37936669
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-26-10 05:22 AM
Response to Original message
5. And that's supposed to resolve his conflict of interest, eh
Yeah, right. :eyes:
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