Forbes: Goldman Sachs had a hand in SemGroup bankruptcy

The ongoing bankruptcy story of SemGroup LP continues to grow. Forbes has a cover story for April 13 that asks, “Did Goldman Goose Oil?” The story says Goldman Sachs, through J.Aron & Co., its commodities trading arm, was in “prime position” to know about SemGroup’s trading positions.

Ex-SemGroup CEO Tom Kivisto has been made the villain of the bankruptcy, which included leaving Kansas oil producers holding the bag for about $140 million in unpaid receipts. The story suggests he may have some company.