Business news without the bullshit

Shale gas shell game

Another Wall Street fraud

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And for this they're going to tear up New York State
and poison its water supply

12/18/14 UPDATE: New York State says it will ban fracking for public health reasons.

There is no gas.

Or better put, there is no economical reason to frack New York State.

So why are they doing it?

Because stock analysts and the financial news media are so incredibly lazy that they've let the white collar criminals who run these companies scam investors with claims of a "bonanza."

The bonanza claim - mostly unexamined - leads to higher stock prices and bigger bonuses for top company executives.

They are simultaneously running their own companies into the ground while creating irreparable harm to the water supply of New York State.

Where's Governor Cuomo?

Hand out...and waiting for the biggest pay off.