Daily Archives: June 19, 2010

A Sorry Excuse for a Congressman

From POLITICAL HOTSHEET at CBS NEWS:

BP CEO Tony Hayward [was] in the midst of a harsh grilling today on Capitol Hill, where he [was] testifying House Committee on Energy and Commerce hearing on “The Role of BP in the Deepwater Horizon Explosion and Oil Spill.”

But not long after the hearing began, Hayward got something not many expected from lawmakers: An apology.

Rep. Joe Barton of Texas, the top Republican on the committee, apologized to Hayward for what he described as a “shakedown” at the White House yesterday. He was referring to the deal worked out between the Obama administration and BP to set up a $20 billion fund administered by a third party to pay for damages from the catastrophic oil spill in the Gulf of Mexico.


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