Monday, June 21, 2010
Bankruptcy Would Be Disaster for BP
Gulf Oil Fund Administrator Kenneth Feinberg discusses whether BPs financial responsibilities will steer the company toward bankruptcy.
Public lynching of BP CEO
June 21, 2010 — Thursday BP CEO Tony Hayward made his way to Capitol Hill to get grilled by lawmakers who were hoping to find out the cause of the oil spill that has been devastating the Gulf for the past 8 weeks. The media circus and scene was eerily similar to the frenzy surrounding the grilling of Goldman Sachs executives a few months ago and the big 3 automaker CEOs two years ago. So what's up with America's obsession with the "public execution" of these CEOs?
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