Grilled by Lawmakers, BP CEO Tony Hayward Denies BP Recklessness Led to Gulf of Mexico Oil Disaster
Lawmakers accused BP CEO Tony Hayward of stonewalling on Thursday after hours of tough questioning about the oil spill his company caused that has spiraled into the worst environmental disaster in US history. Hayward was testifying before the House Energy and Commerce Committee. In seven hours of hearings, he faced a barrage of questions about BP’s cost-cutting measures and how early he was informed about problems with the well that exploded sixty days ago, on April 20th. We play excerpts.
Tuesday, June 22, 2010
Monday, June 21, 2010
BP Eyeing Bank Lines of Credit ?
June 21, 2010 — FBNs Charlie Gasparino weighs in on whether the oil giant will look to a bond deal in order to fund relief efforts.
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