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The Straight Story (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:00 PM Original message |
Oil speculators charged with price manipulation, $50 million profit from the scheme |
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Historic NY (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:01 PM Response to Original message |
1. Its freaking about time, now get back to work & clear out the rest. |
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WhiteTara (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:03 PM Response to Original message |
2. good. n/t |
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Blue Owl (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:05 PM Response to Original message |
3. Unreal |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:08 PM Response to Original message |
4. You'd think this would have at least the slightest effect on the price of oil but Noooope. |
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DJ13 (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:09 PM Response to Original message |
5. A $50m profit? |
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katnapped (938 posts) Send PM | Profile | Ignore | Tue May-24-11 04:15 PM Response to Reply #5 |
6. Yup |
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socialist_n_TN (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:18 PM Response to Reply #6 |
8. Be careful. Jamie Dimon doesn't like hearing that |
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Irritable Liberal (72 posts) Send PM | Profile | Ignore | Tue May-24-11 04:17 PM Response to Original message |
7. But I thought it was all about 'drill baby drill' |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:21 PM Response to Original message |
9. A simple scheme yet so very effective |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 04:26 PM Response to Original message |
10. Was the collusion the alleged crime or the trades themselves (or both)? |
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Drale (1000+ posts) Send PM | Profile | Ignore | Tue May-24-11 05:18 PM Response to Original message |
11. Perhaps they will turn these bastards over for bigger fish? |
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MemeSmith (183 posts) Send PM | Profile | Ignore | Wed May-25-11 07:07 AM Response to Original message |
12. Interesting, that. |
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Nye Bevan (1000+ posts) Send PM | Profile | Ignore | Wed May-25-11 08:14 AM Response to Original message |
13. So the speculators pushed *down* the price of oil? That goes against the conventional wisdom (nt) |
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ck4829 (1000+ posts) Send PM | Profile | Ignore | Wed May-25-11 02:32 PM Response to Original message |
14. I hope this isn't the end of this, these are probably just the speculators who were the most overt |
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