Showing posts with label Oil Spill. Show all posts
Showing posts with label Oil Spill. Show all posts

Wednesday, July 21, 2010

Should he GO? Should he Stay? Obama´s whipping boy Tony Hayward

BP Oil Spill - Tony Hayward's Testimony Part 22 (2010-28)

Please leave your opinion below

Until there is an official investigation into the accident that was waiting to happen which would conclude whether BP were responsible solely for the oil spill, or that the US Companies Cameron, Transocean and Halliburton, jointly or individually were responsible the American President Obama should not have vented his wrath on Tony Hayward. It was completely unjustified.

The White House should not have commented on Tony Hayward having a day off to go sailing at Cowes in the Isle of White England - or do they work 24 hours a day 7 days a week? People that live in glass houses should not throw stones.

Bhopal disaster


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For those that believe in Karma it might be said that the Gulf Oil Spill resulted from what the US Company did in Bhopal and still have not answered for legally?

Tony Hayward is entitled to have a holiday home in Andalucia Spain but of course he has been in the public eye since 20 April 2010.

He has done a good job since handing over the oil spill operation to American Robert Dudley travelling the world in an effort to reassure people and not to fire sale assets to pay for the oil spill. If the American companies are found to be the guilty party then BP could claim 3rd party damages.

Where the company did go wrong was bowing to Obama to suspend the dividend and in doing so mislead the shareholders who could have sold their shares before they plummeted. The company assured shareholders that they could pay the oil spill costs and still maintain the dividends. If this was not the case then the shareholders (pension funds) were mislead and I believe this is crimminal.

England is not the Junior partner to America but an Equal partner. All countries in the world are equal partners Mr President. When you can accept that America might get more respect in the World

Sunday, July 4, 2010

Tony Hayward's £1.3m + villa in Andalucia Spain - What is you opinion? Please leave below


Sir Fred the Shred recently spent £3.5m on a new dwelling in Edinburgh. Now Tony Hayward spends £1.3m on his Andalucia Villa + renovation and furnishing becoming a neighbor of mine - Well say 100+ kms

RBS shareholders (5 year graph) have been robbed of their income (dividends) by Sir Fred Goodwin running of the Bank RBS

BP shareholders (1 years graph) have been robbed of their income (dividends) by Tony Hayward´s incompetence, for the blame does stop at the top. Shareholders were assured that dividends could be paid as well as covering the oil spill costs (Was this a Porkie Pie - Cockney for lie?) Meanwhile he continues to draw a substancial salary and presumably will receive a handsome golden handshake if his servicees are terminated after his legacy is cleaned up in the Gulf of Mexico
as rumored in the press

David Cameron Britain´s PM is looking for up to 40% savings. Yes he should protect BP from Obama´s onslaught but what does he have to say about Tony Hayward? From an article in the Olive Press in Spain published prior to the exclusive News of the World article published today. I understand from the artilce in the Olive Press that the villa was purchased in his wife´s name, for obvious reasons I would comment!


The new government in Britain want to charge shareholders a 40% capital gains tax on profits. Funny this figure crops up again I wonder why? I have mentioned the loss of dividends but not the loss of capital. If you tax 40% of the profits you must pay 40% of the loss. The tax has to be paid in cash so should the loss I respectfully submit - not a tax credit.

What is you opinion? Please leave below

Read the News of the World Article

Maybe someone will twitter a house warming party to which all BP shareholders will be welcome!