Tony Hayward paid a heavy price.
In stepping down as the chief executive of BP he’ll cushion the blow with a 1.6 million dollar pay-off, and that does not include his pension pot of 900,000 dollars a year.
A heavy price when we consider the Lloyd Blankfien is still the chief executive of Goldman Sachs and Toyota’s Akio Toyoda is still the president.
It will be a matter of time before Transocean, the owner of the drilling rig BP was leasing, and oil engineering contract Halliburton have to answer for their actions. All the signs are that BP was not to blame.
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