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To: jazminerose

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.


13 posted on 06/23/2010 2:04:07 PM PDT by Rippin
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To: Rippin

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.


17 posted on 06/23/2010 3:21:30 PM PDT by jazminerose
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To: Rippin

I’ll bet the judge doesn’t have $9M in any oil company like Soros does in Petrobras.


18 posted on 06/23/2010 3:24:44 PM PDT by jazminerose
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