etson, aca is no longer a going concern right? and all the stuff they threw out and replaced made the basket fall even more. there’s smart $$$ and then there’s smarter $$$. bet you these folks’ resume will leave out part they worked at ACA
” demonstrates that GS has already lost the more important battle.” — and what is the more important battle?
Stop regulation reform? Thats what it seems like to me.
At least in their view.
Many people believe financial reform is needed (I wonder why) – and appears that the big boys were out to block it and spending big $$ to fight it.
So the senate hearings were essentially warning to STFU –
we, the government/taxpayers, stepped in and saved your ass and now you want to pretend nothing happened.
BP and partners Anadarko & Mirtsui along with RIG. But all the drillers and oil service cos are down today because Obama put a halt to any further offshore until this mess is cleaned up and, of course, a study is done!!!! 🙁
Surprised that there has been so little focus on who the investors in the deal were.
Doesn’t say much for their diligence to be the buyer of something that was designed to be toxic.
EUROTRASH, denton.
“Surprised that there has been so little focus on who the investors in the deal were. ”
Cuz who cares, they were just some stinkin’ foreign banks!
ACA in run-off mode.
etson, aca is no longer a going concern right? and all the stuff they threw out and replaced made the basket fall even more. there’s smart $$$ and then there’s smarter $$$. bet you these folks’ resume will leave out part they worked at ACA
RIG owns the platform, BP leases it. No doubt there will be billions in lawsuits against both for years to come.
Thanks dibs, one thing that may happen, I’d be interested in hearing, is there will be no new drilling or maybe even less drilling continental shelf.
Price of oil seems like it will have to move up.
etson, there were only two investors and I think they were both german institutions. Not sure. Can’t remember the names now.
” demonstrates that GS has already lost the more important battle.” — and what is the more important battle?
Stop regulation reform? Thats what it seems like to me.
At least in their view.
Many people believe financial reform is needed (I wonder why) – and appears that the big boys were out to block it and spending big $$ to fight it.
So the senate hearings were essentially warning to STFU –
we, the government/taxpayers, stepped in and saved your ass and now you want to pretend nothing happened.
BP and partners Anadarko & Mirtsui along with RIG. But all the drillers and oil service cos are down today because Obama put a halt to any further offshore until this mess is cleaned up and, of course, a study is done!!!! 🙁
Surprised that there has been so little focus on who the investors in the deal were.
Doesn’t say much for their diligence to be the buyer of something that was designed to be toxic.