Did Goldman Sachs Cause the Oil Spill?

More

No. But they did sell off $250 million of BP stock before the Deepwater Horizon explosion. Fishy! Squid-like! What's more, BP

is playing all sides of this one: working with the infamous Halliburton to control BP while creating a catastrophe that will get the Chicago Climate Exchange--in which Goldman has a stake--off the ground under a cap-and-trade scheme.

Other things that might have caused (but did not actually cause) the spill include: terrorists, volcanoes, whales.

Read the full story at The Big Money.

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

Why Are Americans So Bad at Saving Money?

The U.S. is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

The Death of Film

You'll never hear the whirring sound of a projector again.

Video

How to Hunt With Poison Darts

A Borneo hunter explains one of his tribe's oldest customs: the art of the blowpipe

Video

A Delightful, Pixar-Inspired Cartoon

An action figure and his reluctant sidekick trek across a kitchen in search of treasure.

Video

I Am an Undocumented Immigrant

"I look like a typical young American."

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Writers

Up
Down

More in Business

Just In