for covering up...Hayward just a clueless CEOcollecting 10,000 a day salary
Yacht Race TONY is to BLAME...
"Hayward just a clueless CEO"The Sarbanes Oxley laws made CEOs responsible for their finances. They can no longer be clueless as in Enron. The laws apply here. Off with the Bloody Brits head. Obama should be screaming they'll go to jail for even a Loneger time if they don't fix everything they caused. $20BB is a slap on the wrist. The Brits still control the US govt.
Sarbanes Oxley relates to corporate accounting and reporting, nothing to do with being aware of every nuance of the day to day operation of a multinational company.Everyone seems to want to equate BP with the running of a corner store, were the owner knows exactly how many cans of peas are on the shelf.