I may need to retract the sarcastic remarks in #msg-51004590 about the shareholder lawsuit against APC. Perhaps APC’s executives sold shares in March because they did know something was not right with the Deepwater Horizon. It still seems far-fetched that they enough to sell a month before the accident, but it seems less crazy than it did a few days ago.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”