Macondo

Cost cutting and rushing to blame: http://www.kansascw.com/kscw/news/sns-rt-us-bp-spill-probetre78d0kv-20110913,0,5653364.story Now some self promotion.  This mess created one of the more profitable basket of investments I've made in a while.  I covered them real time on my blog at the time of...

Wunderlich reports on Transocean (NYSE: RIG): that "reserve and production estimates depend on many assumptions that may turn out to be inaccurate. Any material change in these figures could materially change our estimates." Wunderlich remains cautious offshore and intends to focus on oil and gas...