Polluting BP fat cat Hayward to get $18.5 million?


This comic video from the USA is called BP Doing Damage Control.

Wayward Hayward: the bungling BP CEO is expected to resign soon — but not without a cool $18.5 million: here.

Mind you, fat cat Tony Hayward is supposed to GET $18.5 million for presiding over polluting the Gulf of Mexico; not, as would be reasonable, PAY $18.5 million as a fine for his crimes.

Update: Official: BP CEO Tony Hayward to Step Down, Will Leave Firm in Oct., Take Job at BP’s Joint Venture With Russia, TNK-BP: here. And here.

So, apparently, “leaving” BP for … err … BP, and getting $18.5 million for that.

BP Lies (Again), This Time on Drilling “Mud”: here.

What oil does to a salt marsh: here.

The income of the top 1% in the U.S. has more than doubled in the past three decades: here.

With his Aug. 6 ouster, HP’s Mark Hurd joins a cast of disgraced CEOs who have been forced to leave the companies they once guided. TIME takes a look at executive scandals that rocked the business world: here.

5 thoughts on “Polluting BP fat cat Hayward to get $18.5 million?

  1. I am not an expert on Russian environmental law, so I am not in a position to say whether what “seems” to you is actually so.

    Of course, oil spills also occur by corporations other than BP, and in countries other than the USA. For instance, recently there was a bad oil spill in China. However, that spill, bad as it was, was less than 0,3% of the BP Gulf of Mexico oil spill. Showing that there are theoretical standards, and there is practice.

    If BP would have applied a safety device costing less than half a million $, mandatory in Braziil and Norway, though not in the USA, then that would have prevented the Gulf disaster.

    Like

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