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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
That is one big sinking ship.
Reports are circulating today about the end oil leak in the gulf. This is not news. We reported on this possible 2nd leak back on May 28th.
Repost, 9 minutes video. The leak that you see on the BP live video feed is not the real leak. The real one may be flowing elsewhere at 120,000 barrels a day:
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