And what InterOil is doing strange goes far beyond this. It hired not one, not two, but three investment bankers Morgan Stanley, Marquarie, and UBS to find a major partner, and for all we know have accomplished nothing so far. I wouldn't be surprised if InterOil's CEO Phil Mulacek and the investment bankers of all three firms are at a lavish hotel party right now, sipping champagne and laughing at the gullibility of the investing public. A Seeking Alpha poster KenCookSams commented here : "In 11 years IOC has not met a single deadline, found a single large scale partner and is destined to failure."

Mulacek is spending shareholder money like a drunken sailor without even knowing if the LNG project is going to work out as it doesn't have its required major partner or a PDL yet. In the third quarter results that came out yesterday, InterOil is spending money on all kinds of weird stuff.

He does that everywhere he travels. He has a whole MIS/tech team that sets up a trading room ahead of time before he travels. My best friend used to be Cohen's personal chef at his home in Westchester in 2005-2006. In fact, Cohen flew my buddy down to the Bahamas with his tech team for a vacation down there back then. He said Cohen worked the whole time. I have unbelievable Cohen stories from my buddy, including the fact that Cohen hosted Greenspan for lunch at his home a few weeks after he stepped down from the Fed. My buddy cooked the meal and it was a meal that would have commanded attention...

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