BP’s Hayward Rejects Rep. Joe Barton’s Apology for Obama’s ‘Shakedown’
This afternoon BP CEP Tony Hayward responded to GOP Rep. Joe Barton’s “apology” for the Obama administration’s “shakedown:” Thanks, but no thanks.
BP CEO Tony Hayward disavowed a top Republican’s characterization of a $20 billion relief fund the company will establish as a “slush fund.”
Hayward rejected the controversial remarks Rep. Joe Barton (R-Texas) made Thursday morning, in which he criticized the account in escrow the oil company will create to pay out damages to victims of the oil spill in the Gulf of Mexico.
“I certainly didn’t think it was a slush fund,” Hayward said this afternoon during an appearance before a congressional committee.
Meanwhile, Nate Silver notes that the top contributor to Joe Barton’s election campaigns is Anadarko Petroleum — who just happens to be a partner of BP on the Deepwater Horizon project.
Frank says: