Thursday, November 11, 2010

Good Ol' Al has pocketed around 18 million dollars in his efforts to save the planet from global warming... this as the Chicago Climate Exchange goes kaput.

The Hockey Schtick
Gore Pocketed ~$18 Million from Now-Defunct Chicago Climate Exchange

Although the Chicago Climate Exchange (CCX) collapsed and shut down this week, Al Gore's Generation Investment Management LLP pocketed approximately $17.8 million on it's 2.98% share of the exchange when it was sold to the publically traded Intercontinental Exchange a mere 6 months ago. According to news reports, the brainchild of the exchange, academic Richard Sandor, founded the exchange with a foundation gift of $1.1 million, and pocketed $98.5 million for his 16.5% share of the CCX. This would place the value of Gore's firm's stake at almost $18 million.
Note: Gore is the founder, chairman, and largest shareholder in Generation Investment Management LLP. Barack Obama was on the Joyce Foundation Board when it provided the funding to establish the CCX. Maurice Strong, founding head of the United Nations Environmental Program (UNEP), precursor to the IPCC, was a CCX board member....

Quite the scam artist is Ol' Al.

Now which prison is he worthy of?

xtnyoda, shalomed

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Blogger Locutisprime said...

What would Joe Biden say about old Al?

I know! God love him!

9:45 AM  

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