As I was watching the hearing I was struck by how bad the performance of Tony Hayward's testimony. It was a lot of I don;t knows and such. I mean goodness was the man briefed. I was not buying it. Now we see from the Corner:
Breaking: Hayward Relinquishes Gulf Spill Duties [Daniel Foster]
As I warned yesterday, Tony Hayward's mummery before a House subcommittee was prelude to his marginalization (and likely to his eventual ouster) as BP's CEO.
From Britain's Sky News via Politico:
A day after he was grilled by a Congressional committee, BP CEO Tony Hayward has agreed to hand over day-to-day operation on the Gulf oil spill to company executive Bob Dudley, BP Board Chairman Carl-Henric Svanberg tells Sky News.
06/18 01:21 PMShare.
Like I thought yesterday it seemed all intentional. This is actually a good move by BP. Let the Congressmen vent and then Hayward falls on his sword. Mother Teresa herself could have rose from the dead been named BP's CEO and nothing she would have said would have mattered. It was venting time.
Thus bringing in a new chairman that will have more answers and is a fresh face.
Perfect
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