U.S. District Court Judge Martin Feldman, who abruptly halted President Obama's deep-water drilling moratorium Tuesday, held stock in the company that owned the Deepwater Horizon rig, according to his 2008 disclosure form, the latest available.Now to be fair, his share in Transocean was pretty small (around $15,000) but his portfolio is described as "heavy in energy companies", all of whom stood to lose a lot from the moratorium. Oh yeah, and Feldman is a Reagan appointee according to his bio at the Federal Judicial Center. And sadly, the appointment of judges is a highly politicized affair in the US.
Friday, June 25, 2010
Still more oil spill business
The optics of this are very bad: