SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (83378)9/10/2008 3:24:43 PM
From: Snowshoe  Respond to of 541957
 
BREAKING NEWS: Sex For Oil Scandal At Interior Department...
Inspector General Reports Accuse Government Employees Of Rigging Contracts In Exchange For Sex And Gifts
cbsnews.com



To: Sam who wrote (83378)9/10/2008 3:44:08 PM
From: Katelew  Read Replies (1) | Respond to of 541957
 
Aaaaaaaaaaaaah.....the old fickle supply and demand thingie back in the news. Thanks.

You know several weeks ago Lane posted a great article that also presented the role speculation played and it was greeted by Wall Street with almost utter silence. I heard a comment or two on CNBC, but that was it. I kept waiting for more coverage and more articles as well as some indignation from those industry reps whose businesses were hurt by the spike. The silence was troubling, even a little spooky....as in whispers of paranoia in my mind, lol.

The meat of your article is here, I think, so please keep me informed on this topic.

Sen. Byron Dorgan, D-N.D., said he wants to know "how oil speculators were able to drive prices up and down while the CFTC was asleep at the switch."