Contrary to wishful thinking among the Demo-blogs, one does not "have to be someone of McConnell’s stature just to find out" "what [Bruce Lunsford's Goldman Sach's] funds buy into because those interests aren’t disclosed to the investor."
Lunsford himself disclosed the holdings of Goldman Sachs Capital Partners V on pages 3 and 4 of his April 17, 2008 financial disclosure form.
If the fund assets were a big secret, it seems that someone of Lunsford's "stature" could (and did) get the information -- in time to release it on his financial disclosure form to the U.S. Senate.
Once Lunsford disclosed the fund investments, it takes just a few Google searches to see that these hedge funds invest in all aspects of the oil and gas industry, from exploration to transportation to the pump.
It's the same hypocrisy we saw in the primary. Greg Fisher criticized Lunsford's role in the Vencor debacle, and Lunsford responded, in essence, how can you complain about a company when you have invested in its spin-offs?
The point is not that Lunsford is beholden to the oil and gas industry by making the investments. The point is that he blames the price of gas on hedge fund speculators, even though that's exactly what he is. New Lunsford slogan: Do as I say, not as I do.
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