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"BP chief Tony Hayward sold shares weeks before oil spill

Published:

Interesting ....... maybe Hayward's psychic. 

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"BP chief Tony Hayward sold shares weeks before oil spill

The chief executive of BP sold £1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse.

Source Telegraph

By Jon Swaine and Robert Winnett
Published: 12:10AM BST 05 Jun 2010

Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.

Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million. ................"

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7804922/BP-chief-Tony-Hayward-sold-shares-weeks-before-oil-spill.html

Entry #1,894

Comments

1.
sully16Comment by sully16 - June 5, 2010, 5:01 pm
wow , what a coincident.
2.
konaneComment by konane - June 5, 2010, 5:09 pm
Thanks Sully! Bet they guy had a 'vision' that told him what to do .... whaddya think????

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