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Not being aware that the author, Andy Borowitz, is a comedian, scores of Internet sites ran with the story as being genuine.
Originally posted by endisnighe
Mods, mark as hoax please.
[edit on 5/6/2010 by endisnighe]
A. True Ott, Ph.D., wrote the following to me last night:
I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem".Was it Goldman Sachs? That is yet to be conclusively determined (there is indeed a SEC investigation ongoing) -- but labeling something as "satire" is a lawyer's shrewd trick to keep from being sued for slander -- even if it is all true.Moreover, there were massive shorts placed literally seconds after the news hit the airwaves.
Who would dare to quote the actual e-mails from "Fabulous Fab", unless the writer would post them as a "satire"- especially after what happened to the Wall Street Journal writers who dared expose the 9-11 short sales involving Goldman Sachs. (They were assigned to Afghanistan, and had fatal "accidents" there.)
Dr. Ott has subsequently confirmed from two sources that Goldman Sachs was indeed in on the shorts being placed on TransOcean stock. And he has confirmed that the comedian was aware of that as well.
In our interview with Dr. Ott yesterday, both Paul and myself pointed to the magnitude of this disaster as hopefully a death knell to the oil industry, spurring people to finally provide the support needed to get the myriad of free/renewable energy technologies that have been languishing into the marketplace.