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"Moratorium Judge Invested in BP"

"On Tuesday, U.S. District Judge Martin Feldman struck down the Obama administration's six-month moratorium on deepwater drilling. A review of Judge Feldman's 2009 Financial Disclosure Report shows that Feldman is significantly invested in BP, which is on the hook for the Deepwater Horizon disaster.

The latest information that we have available shows that Judge Feldman holds investments in several funds run by Blackrock, which holds a billion shares of BP. Blackrock is BP's largest single shareholder. Judge Feldman discloses a financial interest in Blackrock's Floating Rate Income Strategies Fund, the Limited Duration Income Trust and the Enhanced Dividend Achievers Trust. He lists each of these Blackrock investments as having a value of up to $15,000. "

The Rachel Maddow Show (MSNBC) had the story June 25, 2010.

Source: Rachel Maddow, 06/28/2010