Tuesday, July 20, 2010

Bookmakers Predict Firing of BP CEO Hayward

Senator Frank Lautenberg (D-NJ) has joined other congrssman calling for an investigation into whether BP (BP-$35.75) helped to secure the early release of Lockerbie terrorist, Abdel Basset al-Megrahi, the Lockerbie bomber freed by Scottish authorities last year.

Was there a quid pro quo — Did BP broker the early release of Megrahi, a former Libyan intelligence officer convicted back in January 2001 for his role in the 1988 terrorist bombing of Pan Am Flight 103 over Scotland, in exchange for lucrative Libyan offshore exploration contracts?

Chief executive when the alleged influence peddling went down – Tony Hayward. An Irish bookmaker is taking bets Hayward won’t last the year running BP…. http://www.bnet.com/blog/sec-filings

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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