Quote Originally Posted by t3rmites
It's Huffington Post, that's hardly "proof"...
Who is easily "proof"? "New York Times? President Bush?" You want us to believe WMD in Iraq by media?

Goldman Sachs sold $250 million of BP stock before spill
By John Byrne
Wednesday, June 2nd, 2010

- Firm's stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment
The brokerage firm that's faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter.

If Goldman had sold these shares today, their investment would have lost 36 percent its value, or $96 million. The share sales represented 44 percent of Goldman's holdings -- meaning that Goldman's remaining holdings have still lost tens of millions in value.

- Goldman Sachs sold $250 million of BP stock before spill | Raw Story