JacuzziSplot
Member
I cant find the article I was reading but 3 days before the explosion Haliburton, Transocean, and BP had a meeting about the high pressure methane gas "burps" causing problems with the drilling. It was apparently a heated argument about what to do. Transocean wanted to cap the well then and there. In the end BP's idea to use sea water instead of drilling mud won out as a solution to let the pressure escape without building up too high.
Someone at Goldman Sachs must have heard about this meeting and decided to pull out the money.
This source pretty much backs up what I am saying wish I could find the original article.
http://www.oregonlive.com/news/index.ssf/2010/05/bp_haliburton_transocean_execu.html