Palast on BP
And here we go again. Valdez goes Cajun.
BP’s CEO Tony Hayward reportedly asked, “What the hell did we do to deserve this?”
It’s what you didn’t do, Mr. Hayward. Where was BP’s containment barge and response crew? Why was the containment boom laid so damn late, too late and too little? Why is it that the US Navy is hauling in 12 miles of rubber boom and fielding seven skimmers, instead of BP?
Last year, CEO Hayward boasted that, despite increased oil production in exotic deep waters, he had cut BP’s costs by an extra one billion dollars a year. Now we know how he did it.</em>