Gorelick was on the Fannie Board. As strange as it may seem Fannie Mae now OWNS the patent for carbon trading on the CCX. BP is also heavily involved in the CCX and has doled out millions (many millions) for green energy.
So now the green energy activists at BP have hired Gorelick to represent them. They have agreed to a $20B fund for victims. This is not a sacrifice for BP because it helps them pursue their goals. Where do you think much of this money will go? Likely for green energy projects in the Gulf area. Why does Fannie own the patent? They want to link it to housing and much of the money will likely be doled out there. Franklin Raines is now on the Board of a housing project to refit homes and he is likely in on the scheme.
The enviros' huge dreams for making billions on the CCX are on the line. This is their moment to make their push and BP, Obama, Fannie Mae, Gorelick, and Raines are all in it together.
Is this tin-foil or real? We will see as the BP story contines on, but I do believe they will do ANYTHING to get their green dream and Ms Gorelick represents their way forward.
I think you have nicely knitted together the various links between the players and their connecitions. Did not know that about the patent on CCX carbon trading.
You have a quasi-governmental company, subsidized by US, now getting into another area of investment. This after having pushed sub prime mortgages and secondary market sales of them to the point the originators ran to derivatives to lay off their expected losses. And Jamie Gorelick is right in the middle of this. You have special tax breaks for these “green” things, coupled with pay to play from BP. Really sleazy.
I couldn’t figure out why Gorelick is in the mix. I think it came to me.
Gorelick was on the Fannie Board. As strange as it may seem Fannie Mae now OWNS the patent for carbon trading on the CCX. BP is also heavily involved in the CCX and has doled out millions (many millions) for green energy.
So now the green energy activists at BP have hired Gorelick to represent them. They have agreed to a $20B fund for victims. This is not a sacrifice for BP because it helps them pursue their goals. Where do you think much of this money will go? Likely for green energy projects in the Gulf area. Why does Fannie own the patent? They want to link it to housing and much of the money will likely be doled out there. Franklin Raines is now on the Board of a housing project to refit homes and he is likely in on the scheme.
The enviros’ huge dreams for making billions on the CCX are on the line. This is their moment to make their push and BP, Obama, Fannie Mae, Gorelick, and Raines are all in it together.
Is this tin-foil or real? We will see as the BP story contines on, but I do believe they will do ANYTHING to get their green dream and Ms Gorelick represents their way forward.