And on the 99th day of the Deepwater Horizon disaster, Tony Hayward finally became the subject of his company's press releases. News that the BP CEO is getting bounced in favor of American Robert Dudley more rightly belongs on the oil corporation's Gulf of Mexico Response page, along with those amazing Reports from the Gulf.
Stepping aside, Hayward made a final bid to look like a hero, taking blame for the environmental calamity that he suggests might not be his fault. "The Gulf of Mexico explosion was a terrible tragedy for which -- as the man in charge of BP when it happened -- I will always feel a deep responsibility, regardless of where blame is ultimately found to lie," Hayward said in the release.
But it was very much Hayward who reshaped BP as a leaner company -- just not a safer one. After the Deepwater Horizon spill, BP posted a second quarter loss of $17 billion, compared to the $4.4 billion BP reporting earning this time last year. And ever how much oil you spill into the Gulf of Mexico, if you're the CEO, your real undoing will be red ink.
Dear Tony Hayward, your wish is granted, your life is back. Any other dumb wishes?
We can certainly think of some, like that BP had seen the value of investing in safety and cleanup technology while it still had the chance.