Posts Tagged ‘Exxon-Mobil’

Judge Sold Exxon Stock 5 Hours Before Lifting Drilling Ban

June 27, 2010

Judge Sold Exxon Stock 5 Hours Before Lifting Drilling Ban

Federal Judge Martin Leach-Cross Feldman engaged in an oil spill cleanup of his own last week. Five hours before he rendered his decision blocking the six-month moratorium on deep-water Gulf oil drilling, Judge Feldman sold his personal holdings of Exxon Mobil stock. Exxon was not a party to the case under consideration but will directly benefit from the Judge’s action.

Judge Feldman may have lost a few dollars on the sale; he definitely lost much more in credibility. “The judicial canons require that judges be aware of their investments,” wrote Steven Mufson and Joe Stephens in the Washington Post:

“Judicial ethicists said that, had he been aware of his holdings, Feldman should have disclosed the ownership or recused himself at the case’s outset if he thought it posed a conflict or raised questions about his impartiality. The court docket indicates that Feldman signed several orders before the sale.

“‘I’ve never heard of a situation like this,’ said Jeffrey M. Shaman, a judicial ethics specialist and law professor at DePaul University.

“The judge may have thought the stock did not create a substantial conflict, legal analysts said, but the fact that he apparently felt compelled to sell the stock and disclose it could be seen as indicating otherwise.


Snow in DC; Global Warming Deniers Rejoice

December 19, 2009

Snow in DC; Global Warming Deniers Rejoice

It’s snowing in the District of Columbia.  A  foot of snow is on the ground and it’s not even winter yet.  President Obama couldn’t even use his helicopter after returning from the failed Copenhagen climate change summit. He traveled from Andrews Air Force Base to the White House by car.

Climate change denial is a growth industry among those who don’t believe in evolution, either. Global Warming skeptics see a massive conspiracy involving UN black helicopters or Hollywood Jews, little green men, or mad scientists.  Those with a vested interest in the status quo are glad to support them. Many who deny anthropogenic global warming are funded by huge corporations that grow rich by generating greenhouse gasses (more here).