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Started By
Message
To all of the "judge owned stock" crowd........
Posted on 6/24/10 at 2:04 pm
Posted on 6/24/10 at 2:04 pm
"Much of the sensational reporting on Feldman’s investments was based on outdated information. The Judge was blasted for owning stock in Transocean, Ltd and Halliburton, two of the major companies involved in the Deepwater Horizon disaster. Feldman owned those stocks in 2008; however, he sold those shares long before issuing his ruling this week. In fact, this updated information will be released in the next report on his stock holdings.
If Feldman held financial interests in any of companies involved in the lawsuit or the Deepwater Horizon rig, he would not have been allowed the take the case. The 5th District Court uses a sophisticated computer system to check whether judges have a conflict of interest in any legal proceeding. This system automatically determines whether a judge needs to be recused from a particular case. In this lawsuit, Feldman was allowed to take the case because he did not own any stock related to the parties involved.
The attack was not based on facts, but it was a character assassination as a way to mitigate the influence of the scathing decision. If anyone should be questioned, it is the Interior Secretary Ken Salazar who disregarded the advice of his own scientific experts in declaring the deep water drilling moratorium."
LINK
That is all....
If Feldman held financial interests in any of companies involved in the lawsuit or the Deepwater Horizon rig, he would not have been allowed the take the case. The 5th District Court uses a sophisticated computer system to check whether judges have a conflict of interest in any legal proceeding. This system automatically determines whether a judge needs to be recused from a particular case. In this lawsuit, Feldman was allowed to take the case because he did not own any stock related to the parties involved.
The attack was not based on facts, but it was a character assassination as a way to mitigate the influence of the scathing decision. If anyone should be questioned, it is the Interior Secretary Ken Salazar who disregarded the advice of his own scientific experts in declaring the deep water drilling moratorium."
LINK
That is all....
Posted on 6/24/10 at 2:26 pm to PVillePandG
Surly, someone at PMSNBC or the huffington post has reported on this already??
Posted on 6/24/10 at 2:31 pm to Tom Selleck
If you have a 401k or mutual fund, you own energy stocks. plain and simple.
Posted on 6/24/10 at 4:53 pm to PVillePandG
The truth doesn't matter to these people.
This administration and their accomplices in this ruse will stop at NOTHING to advance their agenda.
Who cares if they spread a lie. Once it's out there and it hits the internet, it must be true, right?
I hope the judge figures out a way to sue them for slander, but that will never make the news.
These guys are low.
This administration and their accomplices in this ruse will stop at NOTHING to advance their agenda.
Who cares if they spread a lie. Once it's out there and it hits the internet, it must be true, right?
I hope the judge figures out a way to sue them for slander, but that will never make the news.
These guys are low.
Posted on 6/24/10 at 4:59 pm to tigeryat
Posted on 6/24/10 at 5:51 pm to tigeryat
quote:
The truth doesn't matter to these people.
But the village idiot is against the spread of evil rumors and mistruths......he's said it on many different occasions.
Posted on 6/24/10 at 6:14 pm to TJG210
quote:
But the village idiot is against the spread of evil rumors and mistruths......he's said it on many different occasions.
He means evil rumors and mistruths about himself and his administration. Which ironically are actually true themselves.
Posted on 6/24/10 at 6:38 pm to genuineLSUtiger
So your confirming he didn't own any stock when all this was taking place. Thanks for the link.
Posted on 6/24/10 at 7:21 pm to omegaman66
(no message)
This post was edited on 6/24/10 at 7:22 pm
Posted on 6/25/10 at 8:36 pm to PVillePandG
Idiots need to quit getting their info from Fox Noise. It turns out Feldman is heavily invested in Blackrock Enhanced Dividend Achievers Trust which is the no. one holder of B P stock! Anyone who believes anything spouted out on the Fox Noise channel has manure between the ears. LINK
Posted on 6/25/10 at 9:17 pm to DeadbeatTaxWaster
quote:
Idiots
If you can't win an argument with facts, resort to name calling. Where have we seen this before?
Your link proves nothing.
Maybe he does own a Blackrock mutual fund. I don't hink that would disqualify him from rendering an opinion on this case.
Posted on 6/25/10 at 9:32 pm to PVillePandG
Any Citizen of Louisiana has "stock" in this.
Posted on 6/25/10 at 9:39 pm to PVillePandG
poorly written article. Doesn't cite any procedures or sources at the fifth circuit, just says its so.
Posted on 6/25/10 at 9:58 pm to prplhze2000
prplhze and Deadbeat:
Merely owning stock, without also owning a controlling interest or exerting a managerial influence, is NOT enough to disqualify a judge from hearing a matter.
Please consult the Model Rules of Judicial Conduct.
Merely owning stock, without also owning a controlling interest or exerting a managerial influence, is NOT enough to disqualify a judge from hearing a matter.
Please consult the Model Rules of Judicial Conduct.
Posted on 6/25/10 at 10:00 pm to DeadbeatTaxWaster
Wait so people are propping up the fact that he owns less than $15,000 in Blackrock mutual fund that probably has less than 10% made up of BP. So that would put him on the hook for around $1,000. The moratorium will cost BP less than $1 Billion. So that would effect it less than 2%. So $20. Thats the maximum the 6 month moratorium can effect his ownership in BP. $20. I guess he's going to have to bring his lunch to work on Monday instead of going to Outback.
This post was edited on 6/25/10 at 10:01 pm
Posted on 6/25/10 at 10:09 pm to Stud
This judge would have lost thousands of dollars of his investments if he didn't rule against the moratorium on drilling and you think that didn't influence his ruling? If you believe that , I have some oil free oyster beds south of Empire to sell you. Face the truth, the drilling companies shopped around for a crooked judge to get a ruling in their favor!
Posted on 6/25/10 at 10:14 pm to C
Actually the judge owned much more than 15k in Blackrock and much more in other companies related to the drilling and oil industry. ( See the previous post with the link)
Posted on 6/25/10 at 10:21 pm to DeadbeatTaxWaster
quote:
This judge would have lost thousands of dollars of his investments if he didn't rule against the moratorium on drilling
That may be true; however, it is NOT enough to disqualify him. Accordingly, there was no malfeasance on the part of the plaintiff (Hornbeck). Moreover, although plaintiffs can forum shop, they cannot "judge shop."
Again, please see the the Preamble and Canon 3 of the Model Code of Judicial Conduct.
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