Friday, June 18, 2010


This week's perspective from Bob Reid:

BP CEO Tony Hayward dropped the ball yet again this week when he went to Washington to face a furious administration. Yesterday, he was grilled by members of the House of Representatives, and time and time again, he denied having either involvement in or recollection of numerous decision points and other issues surrounding the gulf blowout. During the course of the afternoon, he noted that he is neither “a cement engineer,” “a drilling engineer” or “an oceanographic scientist” in response to questions from members of Congress who grew steadily more frustrated. Hayward’s tone was always calm and measured, and he did preface his appearance by reading a statement of regret for the spill, but his overall manner and reticence (“I am not stonewalling”) did favours for neither himself nor his company.

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