June 11/2010-12:22 AM EST.
Goldman Sachs Reveals it Shorted Gulf of Mexico
( EDIT ) This story has been exposed as a satirical piece, the extent of any facts contained herein, if any, is unknown to me .
NEW YORK (The Borowitz Report) - In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water. The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in
which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf. "One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!"
The news about Goldman's bet against the Gulf comes on the heels of embarrassing revelations that the firm had taken a short position on Lindsay Lohan's acting career. More here.
read the rest at : www.huffingtonpost.com