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From: nanothermite911fbibustards on 25 Jun 2010 23:42 YANQUI courts were ALWAYS K A N G A R O O Courts - thats how they carried out GENOCIDE of NATIVES !!! On Jun 25, 8:39 pm, nanothermite911fbibustards <nanothermite911fbibusta...(a)gmail.com> wrote: > On Jun 23, 8:32 pm, "k...(a)att.bizzzzzzzzzzzz" > > <k...(a)att.bizzzzzzzzzzzz> wrote: > > You're absolutely clueless. > > http://www.washingtonpost.com/wp-dyn/content/article/2010/06/25/AR201... > > Judge in drilling case held stock in oil company affected by > moratorium > > Giant oil plume lingers below surface > A new report by the government's Joint Analysis Group confirms that an > enormous cloud of sub-sea oil is traveling unseen below the surface of > the Gulf. Sharyl Attkisson reports. > > By Steven Mufson and Joe Stephens > Saturday, June 26, 2010 > > The federal judge who presided over a challenge to the Obama > administration's six-month moratorium on deepwater oil drilling > simultaneously owned stock in an oil company affected by the ban, > according to a financial disclosure statement released Friday. > > U.S. District Judge Martin L.C. Feldman sold the stock in Exxon Mobil > 14 days after the case was filed in New Orleans by a group of oil > service firms -- and less than five hours before he struck down the > moratorium. > > Feldman said in a statement elaborating on the disclosure that he was > unaware of his holdings in Exxon Mobil and a smaller oil company until > 9:45 p.m. Monday, the day before he issued his ruling. > > "Because he remembered that Exxon, who was not a party litigant in the > moratorium case, nevertheless had one of the 33 rigs in the Gulf, the > judge instructed his broker to sell Exxon and XTO [Energy Inc.] as > soon as the market opened the next morning," according to a statement > released by his chambers and reported by Bloomberg News. > > Even before this latest disclosure, Feldman was criticized by > environmental groups and others for not recusing himself from the > case. The groups pointed to his 2008 disclosure form, which showed > that he had invested in companies involved in offshore oil and gas > exploration. > > Feldman's 2009 form, released Friday, shows that he had sold his > holdings in offshore drilling service firms but continued to buy and > sell energy stocks. They were among the judge's more than 100 > investments, most listed in the category of holdings worth $15,000 or > less. > > One of those stocks was Exxon Mobil, which like other major oil > companies has interests in offshore exploration and production > projects in the Gulf of Mexico's deepwater areas. > > The 2009 form shows that Feldman bought shares of Exxon Mobil on Dec. > 28 of that year. In releasing the form Friday, the judge attached a > letter saying that he sold those shares "at the opening of the stock > market on June 22, 2010, prior to the opening of a Court hearing on > the Oil Spill Moratorium case." > > In the ruling he issued later that day, Feldman said the Interior > Department had failed to show that the oil spill triggered by the > Deepwater Horizon rig blowout in April meant that there was imminent > danger on all deepwater drilling rigs in the gulf. By contrast, he > said, the "blanket, generic, indeed punitive, moratorium" has clearly > harmed the industry and region. > > Feldman's order lifting the moratorium, if it is upheld, would > probably benefit the oil industry. > > As it happened, Exxon Mobil shares fell throughout the day, both > before and after the ruling, roughly in line with the overall market. > With the sale, Feldman lost at least six percent and as much as 10 > percent of his investment. > > U.S. law requires judges to withdraw from any lawsuit in which they > have a direct financial interest, however small. Rules also forbid > them from hearing cases in which their impartiality might reasonably > be questioned or in which their financial interests would likely be > substantially affected. > > The judicial canons require that judges be aware of their investments. > Judicial ethicists said that, had he been aware of his holdings, > Feldman should have disclosed the ownership or recused himself at the > case's outset if he thought it posed a conflict or raised questions > about his impartiality. The court docket indicates that Feldman signed > several orders before the sale. > > "I've never heard of a situation like this," said Jeffrey M. Shaman, a > judicial ethics specialist and law professor at DePaul University. > > The judge may have thought the stock did not create a substantial > conflict, legal analysts said, but the fact that he apparently felt > compelled to sell the stock and disclose it could be seen as > indicating otherwise. > > "The fact he sold his holdings in Exxon does not somehow cleanse what > he did in the case," Shaman said. "If he made [earlier] rulings in the > case, those rulings are subject to question." > > The government on Friday appealed Feldman's ruling but made no mention > of any potential conflict. > > It is unusual for a judge in the midst of a case to announce that he > has traded shares in a specific company, especially one that could be > directly affected by the judge's decision. > > According to his 2008 financial disclosure form, Feldman held shares > in, among other companies, deepwater rig owner Transocean, shallow- > water drillers Hercules and Rowan, and international rig and tool > provider Parker Drilling. Each of those investments was valued at > $15,000 or less. > > Feldman's latest disclosure form indicates that he had sold his > holdings in those four companies by the end of 2008. > > The judge remained an active trader in other types of energy stocks in > 2009, as he was in 2008. He bought shares of Petrohawk Energy, an > independent company active in shale gas. He bought and sold shares of > Crosstex Energy, a natural gas transmission company, within one > month. > > Staff research director Lucy Shackelford contributed to this report. > > FBI BUSTARDS, What ARE YOU going to DO about IT !!! > FBI BUSTARDS, What ARE YOU going to DO about IT !!! > FBI BUSTARDS, What ARE YOU going to DO about IT !!! |