Source:
WSJ<snip>
Last weekend, Tony Hayward left for a yacht outing two days after a very public crucifixion on Capitol Hill. So was this a sign that he is a born optimist, convinced things can only get better — or simply an admission that he might as well enjoy himself for a couple of days given he’s likely to lose his job over the oil spill disaster in any case?
Retaining an upbeat tone, in an email to staff last Friday, Hayward again pledged to “get
through the immediate crisis as a stronger and safer company.”
That was after a week that saw a congressional grilling, credit downgrades to just above junk status, a pledge to pay $20 billion into a cleanup and compensation fund and a freeze in dividend payouts for the rest of 2010.
But in Planet BP — a BP online, in-house magazine — a “BP reporter” dispatched to Louisiana managed to paint an even rosier picture of the disaster. “There is no reason to hate BP,” one local seafood entrepreneur is quoted as saying, as the region relies on the oil industry for work.
Indeed, the April 20 spill on the Deepwater Horizon is being reinvented in Planet BP as a strike of luck.
“Much of the region’s (nonfishing boat) businesses — particularly the hotels — have been prospering because so many people have come here from BP and other oil emergency response teams,” another report says. Indeed, one tourist official in a local town makes it clear that “BP has always been a very great partner of ours here…We have always valued the business that BP sent us.”
Read more: http://blogs.wsj.com/source/2010/06/22/bp-magazine-discovers-a-bright-side-to-the-oil-spill/
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