Democratic Senator Ron Wyden from Oregon, said Quote "I think the CFTC is losing credibility by the day, The agency's lack of oversight has hurt a lot of businesses." End Quote.
In a seperate and rare dissident vote, Bart Chilton, one of the four CFTC commissioners, said the actions were insufficient. He said Qoute "I do not believe the Commission's recommendations go far enough," End Quote.
I say, "How come no one is talking about compensation for the public? That’s right. We all got ripped off at the pumps and we want our money back. Vitol, Goldman Sachs, Morgan Stanley and the rest of the scoundrals have an obligation to make it right again and the CFTC should be disbanded and punishment administered to the ones that covered up this massive mistake". Remember the Vitol "Oil for food" scandal in 2007 and then there was the Vitol "Contaminated oil scandal" in 1993 which involve the selling of 280,000 barrels of dirty oil to Pakistan? I guess we can call this one the "Vitol Swaps Scandal"
Incorrect Media Speculation About Those Oil Speculators [View article]
OK . Now that we know who is to blame then how come no one is talking about compensation for the public. That’s right. We all got ripped off at the pumps and we want our money back. Vitol, Goldman Sachs, Morgan Stanley and the rest of the scoundrals have an obligation to make it right again and the CFTC should be disbanded and punishment administered to the ones that covered up this massive mistake. As usual, I agree with Mangolfer
Oil Markets, Speculators, and Vitol Group's Controlling Stake [View article]
OK. Now that we know who is to blame then how come no-one is talking about compensation for the public. That’s right. We all got ripped off at the pumps and we want our money back. Vitol, Goldman Sachs, Morgan Stanley and the rest of the scoundrals have an obligation to make it right again and the CFTC should be disbanded and punishment administered to the ones that covered up this massive mistake. I agree with mangolfer's comment, a class action seems like the only way to go.
When Fundamentals Don't Pay [View article]
In a seperate and rare dissident vote, Bart Chilton, one of the four CFTC commissioners, said the actions were insufficient. He said Qoute "I do not believe the Commission's recommendations go far enough," End Quote.
I say, "How come no one is talking about compensation for the public? That’s right. We all got ripped off at the pumps and we want our money back. Vitol, Goldman Sachs, Morgan Stanley and the rest of the scoundrals have an obligation to make it right again and the CFTC should be disbanded and punishment administered to the ones that covered up this massive mistake". Remember the Vitol "Oil for food" scandal in 2007 and then there was the Vitol "Contaminated oil scandal" in 1993 which involve the selling of 280,000 barrels of dirty oil to Pakistan? I guess we can call this one the "Vitol Swaps Scandal"
Incorrect Media Speculation About Those Oil Speculators [View article]
Oil Markets, Speculators, and Vitol Group's Controlling Stake [View article]