[1rudeboy]

Oh, what a shame. Freeh's report doesn't back you up:

In a 258-page report filed with the court on Wednesday, Louis Freeh, a former head of the U.S. Federal Bureau of Investigation who was appointed in October to investigate the firm's collapse, accused SemGroup's co-founders and top executives of engaging in risky sales of crude oil options while bypassing the firm's self-imposed controls and misrepresenting the trading to lenders and SemGroup's management committee as normal hedging activity.

SemGroup examiner pins collapse on former execs, Reuters.

Problem with conspiracy theories is, they never quite make it over the finish line.

[jiggyboy]

Please. Reframing the argument is one of the laziest tricks of the most obvious economic troll in the place. Freeh blamed Kivesto for losing money. The matter of whether it was “supply and demand” or not that moved oil from 90 to 147 to 30 in twelve months was resolved long ago.