Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Why no indictments for Crude Oil price manipulation

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 06:47 AM
Original message
Why no indictments for Crude Oil price manipulation
Edited on Fri Jan-23-09 06:59 AM by FreakinDJ
60 minutes had a great expose on the manipulation of Crude Oil prices last summer and was naming names as far as companies were concerned, but stopped short of naming the perps themselves.

What they did say was “The Traders that came from the then bankrupted Enron Corp. were the most highly sought after commodity on Wall St.”

These are people with a “History” of manipulating commodities and bilking the public out of $Billions of dollars. They are a “Threat which needs to be removed from the Public”
Printer Friendly | Permalink |  | Top
madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 06:51 AM
Response to Original message
1. Its coming just hang in there
Printer Friendly | Permalink |  | Top
 
DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 10:23 AM
Response to Reply #1
2. Economic blackmail/extortion is the new black.
The corporations whose officers haven't bankrupted their companies for short-term gain or a hefty payday are few and far between.
Printer Friendly | Permalink |  | Top
 
dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 10:23 AM
Response to Original message
3. which laws were broken...?
:shrug:
Printer Friendly | Permalink |  | Top
 
Cessna Invesco Palin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 10:24 AM
Response to Original message
4. Because oil market speculation isn't illegal. n/t
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 16th 2024, 07:16 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC