So now the lamestream meme is going to focus on oil investments held by the judge. First, a big chunk of DOW and S&P are oil so any diversivied portfolio probably has some. Second, a drilling ban will clearly help some companies and hurt others. It will almost certainly increase the price of oil substantially if maintained resulting in higher profits for many companies. The lamestream are just so stupid.
Here is a list of major BP share holders:
http://finance.yahoo.com/q/mh?s=BP+Major+Holders
You’re right—lots of people have oil stocks in their portfolios or 401K’s, many via mutual funds.
I’ll bet the judge doesn’t have $9M in any oil company like Soros does in Petrobras.