"The US District Judge who today overturned
President Obama’s
six-month moratorium on off-shore drilling appears to have
substantial personal
investments in the oil and gas industry — and even owns stock in
Transocean,
the company that owned the doomed Deepwater Horizon rig — according to
his 2008
financial disclosure report, the most recent year available on the
website of
the group Judicial
Watch.
Judge Martin Feldman’s Financial Disclosure Report for calendar year 2008 lists investments in energy and gas companies including offshore drilling firm Transocean; Parker Drilling Company, which “provides offshore and onshore contract drilling and drilling-related services”; and several different funds managed by Blackrock, an investment banking firm with a heavy concentration in the energy industry. In 2008, Judge Feldman sold, at a profit, shares in Hercules Offshore, “a leading provider of offshore contract drilling, liftboat and inland barge services with operations in ten countries on four continents,” as well as Halliburton."
Jason Mark had the story in Earth Island Journal's The EnvironmentaList blog June 22, 2010.
"Judge Who Struck Down Moratorium Has Owned Transocean Stock" (Mother Jones)
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