According to Feldman's 2008 financial disclosure form, posted online by Judicial Watch [pdf], the judge owned stock in Transocean, as well as five other companies that are either directly or indirectly involved in the offshore drilling business.
It's not surprising that Feldman, who is a judge for the Eastern District of Louisiana, has invested in the offshore drilling business—an AP investigation found earlier this month that more than half the federal judges in the districts affected by the BP spill have financial ties to the oil and gas industry.
Doesn’t bode well for any future lawsuits on this.
Remember people: the moratorium affects just 33 rigs. Hundreds are still operating in the Gulf of Mexico. The industry has not come to a grinding halt, fearmongering about economic destruction and job loss and all the rest are completely overplayed. It’s the oil barons trying to show their muscle.
Thirty-three rigs, people. All of this fearmongering and lawsuits are over 33 rigs.
