Thursday 27 September 2007

Careless comments, catastrophic losses.

For anyone unsure of the price to be paid for ill-considered words spoken to a journalist; try £3.5 BILLION.

BP CEO Tony Hayward sent his organisation's share price crashing down this week with comments that will also no doubt have a knock-on effect on the entire oil sector.

http://www.ft.com/cms/s/0/bfcd47a6-6b9a-11dc-863b-0000779fd2ac.html

The CEO of a £108 billion outfit REALLY ought to know better.

3 comments:

Anonymous said...

It's one thing after another for this company. You would think that their advisers would start telling them what they should and shouldn't say.

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