Tag Archives: deepwater horizon

You mean the White House lied to protect a corporation?!? Three quarters of oil still in Gulf of Mexico

Stacy Summary:  It seems the penalties for lying to Congress is still enough to force people to tell the truth.

**UPDATE / REMINDER**

TITLE 18 > PART I > CHAPTER 47 > § 1001
§ 1001. Statements or entries generally
(a) Except as otherwise provided in this section, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States, knowingly and willfully—
(1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact;
(2) makes any materially false, fictitious, or fraudulent statement or representation; or
(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry;
shall be fined under this title, imprisoned not more than 5 years or, if the offense involves international or domestic terrorism (as defined in section 2331), imprisoned not more than 8 years, or both. If the matter relates to an offense under chapter 109A, 109B, 110, or 117, or section 1591, then the term of imprisonment imposed under this section shall be not more than 8 years.

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Tony Hayward Sold One Third of His BP Shares Just Weeks Before ‘Spill’

Stacy Summary:  I wonder if he advised Goldman Sachs to dump their shares, too.  Tony Hayward dumped 30% of his BP holdings weeks before blow out.

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Spreading Oil, Selling Off Oil

Stacy Summary:  Wonder what all these bankers are going to do with the dozens and dozens of tankers off the coast of UK and other parts of Europe waiting for buyers . . . . ?

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