FOLLOW THE MONEY !! THEY KNEW IT !! TRANSOCEAN INSURED THE RIG FAR MORE THAN IT WAS WORTH !! 1 BILLI

05/30/2010 • godlikeproductions.com

Senators demand Transocean investigation Tags:Environment, Congress, Energy, Oil Spills, BP, Gulf Of Mexico, Transocean Listen Print Comment Email Subscribe By JAKE SHERMAN | 5/25/10 11:03 AM EDT Text Size- + reset Transocean announced it will dole out $1 billion dividend payout, which triggered a call for inquiry. AP Digg/Buzz It UpDigg this Story! Buzz it up! Add to LinkedIn POLITICO 44 Eighteen Democratic senators have asked the Justice Department to investigate the operator of the Deepwater Horizon offshore drilling rig after the company announced it would dole out $1 billion to shareholders as oil continues to pour into the Gulf of Mexico. Transocean, according to the letter from the senators, plans to distribute dividends to its stockholders. And the senators are concerned that the payments might make it harder to collect liability payouts related to the massive oil spill. Transocean, according to the letter, also says it will make a $270 million profit on the in