IKN

full of sound and fury, Signifying nothing

BP

We’re going to claim this as LatAm related, thanks to the word “Mexico” in the “Gulf of….” place that’s suffering. I’ve been exchanging mails with an old friend of mine (we go waaaaaaaaay back) this morning who happens to be an environmental activist and (if memory serves) a member of Greenpeace. His question to me was;
“Do you think BP’s CEO (Tony Haywood) will resign?”

My answer was;

“Yep, bet the house on it.”

He then asked;

“Why?”

I said;

“Check the share price.”
Because in the way of the capitalist, things like the worst oil spill of all time, the enviro disaster, the brickbats thrown by treehuggers, the accusations of media cover-ups….all those things can be ignored and successfully ridden by a multinational company CEO. But a sharp fall in the PPS and you’re toast.


It’s not good. It’s not bad. It’s the way it is. Chau, Tony.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.