Ted Elden, from Melba, & 4 Winds
BP chief Tony Hayward sold shares weeks before oil spill
By Jon Swaine and Robert Winnett
The chief executive of BP sold £1.4 million of his shares in the fuel giant
weeks before the
Published: 12:10AM BST 05 Jun 2010
Tony Hayward: 'This won't stop deepwater drilling. It will transform it '
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Hayward, whose pay package is £4 million a year, then paid off the
mortgage on his family’s mansion in
There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.
His decision, however, means he avoided losing more than £423,000 when BP’s share price plunged after the oil spill began six weeks ago.
Since he disposed of 223,288 shares on March 17, the company’s share price has fallen by 30 per cent. About £40 billion has been wiped off its total value. The fall has caused pain not just for BP shareholders, but also for millions of company pension funds and small investors who have money held in tracker funds.
The spill, which has still not been stemmed, has caused a serious environmental crisis and is estimated to cost BP up to £40 billion to clean up.
was growing confidence yesterday that a new cap placed over the well was
stemming the oil flow. An estimated three million litres a day had been pouring
into the sea off the coast of
crisis has enraged US politicians, with President Obama yesterday forced to
cancel a trip to
Mr Hayward, whose position is thought to be under threat, risked further fury by continuing plans to pay out a dividend to investors next month.
3 things about the oil spill
There are three things we should know about the oil spill situation:
1. Goldman Sachs is among the top fifteen owners of BP.
You can confirm it here ( https://moneycentral.msn.com/ ) and typing "BP" in the field at the upper right.
2. Goldman Sachs sold a huge amount, 44 per cent or $250 million of its BP shares just weeks before the oil "spill" happened. (Sounds like insider advice.) There was an alleged hoax story about BP shorting sales but this comes from rawstory. Rawstory is an independent journalism project (read more
3. BP and Goldman Sachs being sued for oil fraud
Given that, and Susoni's earlier (UK Telegraph) post about BP CEO Hayward selling off his personal shares of BP stock before the oil "spill" suggests to me that this was no accident but a "planned event."
Did you notice the date? It was Adolf's (Adolph Hitler's) birthday (April 20) when the "spill" started. There has been a history of bad "events" occurring on April 19 or 20..some think as an homage to Adolph.
Now more than six weeks later, with BP failing (and US failing to act) to stop the oil leak, I conclude that the failure is simply "following the script".
You know many astute and alert readers have pondered whether another "9/11" type event will occur. I think it has occurred, in the "endless oil" event at Deepwater Horizon. Perhaps we did not "think outside the box" enough to recognize it for what it is--it is a potential "extinction event" for planet earth.
It is very easy to see what is happening, property values will drop,
40 million in
I have many urgent reports on this from many high ups.
I don’t understand why anyone would want to put a $ ¼ million in to a collapsing market.
Goldman Sachs and BP executives sold out major portions of their stock a week before the calamity. Look at the facts !
Maybe you do not know that many were killed by government when home owners tried to stay and defend their homes in aftermath of Katrina.
The government ran thru there with shooters to kill those who tried to remain.
I think it is cruel to take a weakened Jeannie and commit her to $ ¼ million dollars in payments to a collapsing market.
I have been following this
and joining with other across the
. . . . . . . . . . . . . . . . . . . . . . .
FEMA CAMPS?: 40 Million and more to evacuate
… The Government is not letting you know everything about the Gulf Oil Spill. Benzene in incredible amounts is being released into the air. People are getting sick. UN Vans by the thousands are parked in secluded areas out of site from the public on AF Base in
See for your self.
Enter this grid into Google maps and you can see for yourself. 29.97213,-81.660047 or just find AF Base in
Convoys are coming from the west from desert areas to help escort people to the FEMA Camps. Do you have any idea what will happen to us here inland when this many people converge upon us? This is only the people from the Tampa Area.
If they evacuate people from the East Coast as well, 100s of millions will be coming inland.
Benzene and oil is evaporating into the clouds over the sea and is drifting inland where it is coming down with the rain. We will be in danger also. Our fresh water will be polluted.
Check out all this at the below sites. Also type in this in your browser: “Plans to evacuate Florida”
https://www.examiner.com/x-33986-Politic … ons-of-BP-
Subject: Forced evacuations begin in less than two weeks
received this from John Kaminski, who lives in
Greg Evensen is a former
Subject: The potential disaster and evacuation plans..
Begins with heavy Christian Bible introduction
Then goes on to official reports.
Elden reported on these developing FEMA Camps since 2006 at his web site.
Gulf Oil Spill is the size of
https://www.youtube.com/watch?v=YHGIShZ_ThA Hidden in Plain Sight
Video of aerial photos from Google Maps, 4,000+ UN or White Van vehicles stored now
Air Force Base near
Other videos show FEMA camps built all over the
The government is continually building and revealing major deployments of vehicles, camps, containment.
Pentagon plans to evacuate 40+ million people from Florida to inland states.
current on line aerial photos
On Google Maps, https://maps.google.com/maps..
Enter / paste Coordinates 29.97213,-81.6647
Update on UN Vehicles and Military Build Up (Get Ready)
Thousands of UN Vehicles and tons of equipment masking at Florida Air Force Base
Confirmed by CNN
100s of Russian and French Military Equipment.
. . . . . . . . . . . . . . . . . . . . . . .
This looks almost exactly like the BP Deep Horizon spill, though not as deep.
THIS WAS OVER THIRTY (30) YEARS AGO!!!
( Note that Red Adair has recently sold out to Haliburton for $240 million. )
Ixtoc I oil spill
Ixtoc I was an exploratory oil well being drilled by the semi-submersible platform Sedco 135F
in the Bay of Campeche of the Gulf of Mexico, about 100 km (62 mi) northwest of Ciudad del Carmen, Campeche
in waters 50 m (160 ft) deep. On 3 June 1979, the well suffered a blowout resulting in the third largest oil spill
and the second largest accidental spill in
Full article at the link above
Ted Elden, Architect, ret. Computer Guru, 304 344 2335 Truth Seekers www.abodia.com/t